Level 3 buys TelCove for $1.1B; Sprint, Alltel roaming deal
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DEALS |
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WHO |
WITH |
WHAT |
SCOOP |
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Level 3 |
TelCove |
Level 3 is buying TelCove for $1.1B |
The deal brings an extended land-line network and wireless spectrum to Level 3. |
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Sprint |
Alltel |
Signed a 10-year roaming deal |
The deal expands coverage areas, lowers rates for some subscribers and includes broadband services. |
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Microsoft |
Qualcomm |
Phone chip deal |
The deal will combine the Windows Mobile OS with Qualcomm's mobile-phone chips. |
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MTN Group |
Investcom |
MTN is acquiring Investcom for $5.53B |
MTN, South Africa's biggest mobile-phone company, is in expansion mode with its purchase of Dubai-based rival Investcom. |