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Hutchison in exclusive talks to buy O2 UK for GBP 10.25 bln
2015-01-23 08:49:00| Telecompaper Headlines
(Telecompaper) Hong Kong's Hutchison Whampoa, the parent company of mobile operator 3 UK, announced that it has entered into exclusive talks with Telefonica about the acquisition of mobile operator O2 UK for GBP 9.25 billion in cash to be paid at closing and a further GBP 1 billion after the combined cash flow of 3 UK and O2 UK reaches an agreed threshold. Hutchison said that the transaction remains subject to due diligence over O2, agreement on terms and corporate and regulatory approvals. Separately, Hutchison finance director Frank Sixt told the Financial Times that the acquisition would be completed around the middle of 2016, assuming regulatory approval. Hutchison thinks it can find GBP 3 billion to GBP 4 billion of synergies through the merger. Analysts estimate that at GBP 10 billion, the price reflects 7-8 times 2015 estimated earnings, in line with what BT is paying for EE.
Tele2 Partnering with Aerea, the Netherlandsa Exclusive SIGFOX Network Operator
2015-01-23 07:43:08| Appliances - Topix.net
Tele2 AB, , and the Dutch company Aerea today announced that they are entering into a Machine-to-Machine/Internet of Things partnership in the Netherlands, thereby broadening their connectivity portfolios. The partnership enables IoT services to also be provided over the low-cost, energy-efficient SIGFOX global network, which complements 2G/3G and 4G solutions.
Tags: network
exclusive
operator
partnering
Hutchison enters exclusive talks to acquire O2 for 10.25bn
2015-01-23 01:00:00| Total Telecom industry news
Deal set to create U.K.'s largest mobile operator but will likely face intense regulatory scrutiny before it can proceed.
Tags: exclusive
talks
acquire
enters
Correcting and Replacing Combating Fraud 1-0-1: a Pymnts.com Exclusive Guide
2015-01-22 03:19:31| Apparel - Topix.net
A new report by CA Technologies and PYMNTS.com combines expert insights into top methods and strategies for combating fraud in today's digital world. It's no secret that finding the right way to quickly and effectively outsmart fraudsters is a high-priority mission across the payments industry in 2015.
Tags: guide
exclusive
fraud
replacing
EXCLUSIVE: CEO says TriHealth stepping up expansion into insurance business
2015-01-20 17:45:14| Grocery - Topix.net
"We've talked to employers about the attractiveness in this," says John Prout, CEO of TriHealth. "There are a number of employers who have employees in all these cities.
Tags: business
insurance
exclusive
expansion
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