Deal of the week
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| Level 3 has received approval from the Federal Communications Commission (FCC) for the acquisition of tw telecom. [read more] |
Midweek Mergers
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| Zebra Technologies has completed its acquisition of Motorola Solutions' Enterprise Business for $3.45 billion. [read more] | |
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| Telecom Italia has moved closer to the sale of its mobile phone towers in Brazil and a deal could be finalised in the coming weeks. [read more] | |
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| Telenor’s CEO, Jon Frederik Baksaas, has said that although the company is looking at options for its stake in VimpelCom, now is not the right time to sell. [read more] |
International Investments
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| Vietnam’s Viettel has revealed plans to invest $1 billion in a 3G mobile network in Tanzania. [read more] | |
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| The government of India has released a policy document outlining plans to create a $15 billion market for Internet of Things (IoT) products by 2020. [read more] | |
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| Egypt needs billions of dollars of investment to upgrade its telecoms infrastructure, according to the country’s telecoms minister. [read more] | |
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| Japanese operator SoftBank and technology investor Sequoia Capital have agreed to acquire a $100 million stake in Indonesian online startup Tokopedia. [read more] |
