Cathay Financial Holding continued its acquisition in Asian nations while the government also encouraged so
Qualcomm says acquisition will help it solidify its presence in growing markets.
French telecom company Iliad today announced their intention to pull their second offer for the acquisition of T-Mobile from parent company Deutsche Telecom
We’re not really sure what would possess someone to defend one of the most hated companies in America, but Forbes contributor Gene Marks went ahead and did just that. He claims not to be a shill of Comcast in any way shape or form (even though they’ve been shown to pay for positive pieces). They also recently cancelled a promotional event at a legislator’s house, the same legislator that proposed a bill in Kansas to block municipal broadband after the Kansas City Star contacted them about the event. Comcast has also made sure that their lobbying efforts are strong and effective as they’ve effectively got
Level 3 Communications has announced that they will be buying the former Time Warner Cable internet service for enterprise division (TW Telecom) for $5.6 billion ($7.3 billion with debt), further increasing their size and scope. Some news sites have made the mistake saying that Level 3 Communications is buying Time Warner Cable, which is simply not correct. TW Telecom was started as a joint venture between Time Warner Cable and US West which is now a part of Centurylink. However, TW Telecom has operated as an independent entity for quite some time and is publicly traded on the NASDAQ as TWTC. The deal is currently
Once again, the T-Mobile and Sprint deal continues to move forward now that we have an actual purchase price. The Wall Street Journal is reporting that the general terms of the deal between Sprint and T-Mobile have been worked out and that the two companies have agreed to a $32 billion sale of T-Mobile, which actually seems a bit low when you consider that T-Mobile’s current market cap is $27 billion and they are getting a mere 20% premium over their current price. This deal has gotten a lot of regulatory flak before it ever happened and will likely continue to as the two companies try