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Private equity group to buy Mitel for USD 2 billion

2018-04-24 13:14:00| Telecompaper Headlines

(Telecompaper) Mitel has agreed to be acquired by Searchlight Capital Partners in an all-cash transaction worth about USD 2.0 billion, including Mitel's net debt. Mitel's shareholders will receive USD 11.15 per share in cash, a 24 percent premium over the 90-day weighted average price. When the transaction completes, Mitel will become a privately held company, a move expected to provide it with additional flexibility to accelerate its move-to-the-cloud strategy.

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Pay TV/OTT and Telecom operator revenue reached $410 billion in Q4 2017

2018-04-24 09:00:32| Digital TV News

According to Dataxis, for the 80 leading Pay-TV/OTT and telecom players worldwide, revenues totaled $410 billion in Q4 2017. Revenues have grown at a CAGR of 1%, up from $381 billion in Q1 2016.

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Revenues at top 10 pay TV operators to drop $20 billion

2018-04-23 09:30:04| Digital TV News

Despite adding 84 million subscribers between 2017 and 2023, subscription and PPV revenues for the worlds top 517 pay TV operators will fall by $18 billion to $183 billion, according to Digital TV Research.

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Telefonica eyes $1 billion IPO in Argentina

2018-04-19 02:00:00| Total Telecom industry news

Telefonica is preparing to list its Argentinian business unit on the Buenos Aires and New York stock exchange, according to sources at news agency Bloomberg…read more on TotalTele.com »

Tags: eyes argentina billion ipo

 

LaSalle Investment Is Said to Seek $1 Billion for Property Fund

2018-04-16 21:24:26| National Real Estate Investor

The fund, the eighth of a series driven by a so-called value-add real estate investing strategy, will be known as LaSalle Income & Growth Fund VIII.

Tags: property investment fund seek

 

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