Deal of the week
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| Vodafone New Zealand (NZ) has acquired Auckland-based communications company Worldxchange (WXC) for an undisclosed sum. [read more] |
Midweek Mergers
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| Comverse is to acquire UK mobile messaging provider Acision in a deal worth $135 million. [read more] |
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| Reliance Communications (RCom) and Russian industrial group Sistema have entered talks on a potential merger of their telecoms units in India. [read more] |
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| The Independent Communications Authority of South Africa (ICASA) has approved Vodacom’s 7 billion rand offer to purchase internet provider Neotel, subject to conditions. [read more] |
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| Slovenian state firm SDH has rejected investment firm Cinven’s bid for Telekom Slovenije. [read more] |
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| The UK’s Virgin Group is said to be considering the acquisition of TeliaSonera-owned Spanish mobile operator Yoigo. [read more] |
International Investments
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| Huawei is claiming to have contributed £956 million to the UK GDP over the last three years. [read more] |
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| Philippine Long Distance Telephone Company (PLDT) is planning to invest up to $100 million on the construction of its second submarine cable to the US. [read more] |
