Deal of the week
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| Facebook has agreed to buy mobile-messaging startup WhatsApp in a $19 billion cash and stock deal. [read more] |
Midweek Mergers
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| French monitoring solutions provider Astellia has announced its acquisition of Spanish Ingenia Telecom for an undisclosed sum. [read more] |
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| Etisalat’s acquisition of the stake in Maroc Telecom held by French group Vivendi will be finalised in the next few weeks. [read more] |
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| US conglomerate Comcast plans to submit its application for its proposed takeover of Time Warner Cable to the Federal Communications Commission (FCC) by the end of March this year. [read more] |
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| Finland’s Nokia is reportedly considering the acquisition of US-based Juniper Networks in order to merge it with its subsidiary, Nokia Solutions and Networks (NSN). [read more] |
International Investments
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| Deutsche Telekom is planning on investing approximately $1 billion in a Hungarian high-speed internet network over the next few years. [read more] |
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| The Canadian government has raised $4.76 billion from its 700MHz band spectrum auction which awarded 97 licences to eight successful bidders. [read more] |
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| Telekom Austria has reported an 18% drop in its core revenues, as sales fell in the fourth quarter of 2013. [read more] |
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| The GSMA and Facebook have launched a joint initiative aimed at reducing the total costs of ownership of mobile, in an attempt to connect more people in emerging markets. [read more] |
