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Mindspeed to sell wireless business to Intel
2013-12-18 01:00:00| Total Telecom industry news
$272 million deal expected to close in February.
Tags: business
sell
wireless
intel
PRESS RELEASE: Avison Young Hired to Sell Cherry Creek Place III in Denver Market
2013-12-17 21:11:00| National Real Estate Investor
Allison M. Avison Young announced that AHC Funds, the private equity investment unit of Arthur Hill & Co., has selected the firm to market Cherry Creek Place III, the six-story office building totaling 107,000 sq. ft. at 3151 South Vaughn Way in Aurora, Colo. read more
AT&T to sell Connecticut wireline operations to Frontier
2013-12-17 15:05:00| Telecompaper Headlines
(Telecompaper) AT&T has agreed to sell its incumbent local exchange operations in Connecticut to Frontier Communications for USD 2.0 billion in cash. The transaction includes some wireless network assets and consumer, business and wholesale customer relationships. AT&T will use the sales proceeds, in part, to further its Project VIP plan to upgrade to an all-IP network. Under the terms of the deal, AT&T will receive USD 2.0 billion in cash for the stock of its subsidiaries Southern New England Telephone Company and SNET America. The activities count more than 900,000 voice connections, including U-verse VoIP and traditional copper lines; approximately 415,000 broadband connections, including about 245,000 U-verse internet and about 170,000 DSL customers; and about 180,000 U-verse video subscribers. The transaction is subject to review by the US Department of Justice, the Federal Communications Commission, the Connecticut Public Utilities Regulatory Authority and other state regulatory authorities and is expected to close in the second half of 2014.
Tags: sell
operations
att
connecticut
German government should sell Deutsche Post, Telekom stakes: advisor
2013-12-16 18:16:14| Telecom - Topix.net
The monopolies commission said in a report that conflict arises because the state owns stakes in the companies but also has to keep an eye on them to ensure fair competition.
Tags: post
sell
government
german
Mindspeed to sell wireless infrastructure business to Intel
2013-12-16 15:29:00| Telecompaper Headlines
(Telecompaper) Mindspeed Technologies announced a definitive agreement to sell the assets of its wireless infrastructure business unit to Intel. The divestment is part of the agreed acquisition of Mindspeed by Macom, announced in early November. Intel said the acquisition will give it a wireless infrastructure team with deep experience in delivering signal processing-related technologies and IP for base stations. The transaction is expected to close in February 2014. No financial details were disclosed.
Tags: business
sell
wireless
intel
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