Tag:

Mergers and Acquisitions

Latest Headlines

Latest Headlines

FreedomPop takes aim at carriers, Skype with international calling plans

Sprint MVNO FreedomPop is launching free international calling as part of its service, even to customers who do not have FreedomPop as their primary carrier. The company's salvo is aimed not just at traditional wireless carriers but also VoIP providers like Skype and Vonage that have made international calling their hallmarks. FreedomPop also announced new plans for its expansion into Europe.

Analysts: AT&T's $2.5B Iusacell deal could lead to a bigger Latin American push

AT&T's decision to buy No. 3 Mexican wireless carrier Iusacell for $2.5 billion is likely a precursor to a larger move by AT&T into the Latin America market, potentially via a deal for some of América Móvil's assets or a push into Brazil, according to financial analysts. The deal could also possibly make it more likely that América Móvil will look to make a deal with T-Mobile US, though América Móvil has said it is not in talks with T-Mobile.

FCC says programmers can't limit access to documents during merger reviews

The FCC has told top media conglomerates that they can't restrict access to individuals who want to see deal-related documents as part of ongoing pay-TV merger reviews. As reported in  FierceCable  citing a  Multichannel News  article, the FCC said that the programmers--which include Disney, Fox, Time Warner Inc. and Viacom--provide no real argument as to why they should deny 245 individuals access to the documents.

DT CEO: T-Mobile won't need DT's help to purchase extra spectrum

Deutsche Telekom CEO Timotheus Hoettges said that T-Mobile US can fund purchases of spectrum in upcoming U.S. auctions by itself, taking pressure off the parent to inject funds into T-Mobile as it invests to beef up its network.

Lenovo completes $2.9B deal for Motorola, will pursue dual-brand strategy in emerging markets

Lenovo officially closed its $2.91 billion deal to buy Motorola Mobility from Google, a move that immediately turns Lenovo into the third largest smartphone player in the world by market share. Lenovo, which is popular in China and many markets where Motorola doesn't play, will use a dual-brand strategy to grow the combined company's mobile businesses in emerging markets.

WhatsApp delays launch of voice calling service to Q1 of 2015

HALF MOON BAY, Calif.--WhatsApp CEO Jan Koum said the over-the-top messaging app intends to launch voice calling services in the first quarter of 2015. The company, which Facebook recently finished acquiring, had initially planned to launch calling in the second quarter of 2014.

América Móvil says it's not in talks with T-Mobile for a deal

América Móvil once again had to quiet speculation that it is interested in acquiring T-Mobile US. Just as the company was forced to do in the second quarter, the Mexican-based telecoms giant addressed rumors of a deal on its quarterly conference call; CEO Daniel Hajj said the company is not in talks with T-Mobile.

Verizon rules out buying América Móvil's assets, while AT&T could face hurdles to bidding

Verizon Communications is not going to bid for assets that América Móvil is going to sell off, according to CFO Fran Shammo. Meanwhile, thanks to rules being put in place by Mexico's telecommunications regulators, AT&T could face hurdles if it decides to acquire some of the assets.

Qualcomm to buy Bluetooth chip specialist CSR for $2.5B in IoT, connected car move

Qualcomm said it agreed to buy British Bluetooth chipset specialist CSR for £1.56 billion ($2.49 billion), giving it a leg up in the connect car and Internet of Things markets, which are set to grow substantially.

Analysts: With Iliad M&A off the table, T-Mobile can focus on its own business

Now that French Internet and mobile company Iliad has dropped its pursuit of T-Mobile US, it seems likely that T-Mobile will continue as an independent entity and a unit of Deutsche Telekom for the foreseeable future. Financial analysts seem to think that's great news for T-Mobile, which has had strong momentum in the market.