Investment and Finance

Cisco tap boutique advisor to acquire Splunk in mega $28 billion deal

Cisco and Splunk yesterday announced an agreement for the former to acquire the latter at a price of $157 per share in cash, representing approximately $28 billion in equity value.

Industry weighs in on Dito’s new funding and fresh network investment

The newest mobile network operator (MNO) in the Philippines, Dito CME Holdings (Dito) has announced the signing of a US$3.9 billion 15-year long-term project finance facility in a disclosure to the Philippines stock exchange.

5G satellite to generate $17bn in 7 years

Satellite network operators (SNOs) will generate US$17 billion of additional revenue from 3GPP (Third-generation Partnership Project)-compliant 5G satellite networks between 2024 and 2030.