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TalkTalk takeover? Tosafund makes 1.1bn bid

2020-10-08 02:00:00| Total Telecom industry news

TalkTalk have today confirmed that a £1.1 billion takeover proposal has been made by London-based hedge fund, Toscafund Asset Management. The deal offers to buy the business in full for 97 pence per share, a 16% premium on TalkTalk’s closing share price on Wednesday.   “The board has considered the terms of the proposal and has agreed to progress the proposal further with TAM (Toscafund Asset Management) along with taking advice from the company&rsquo…read more on TotalTele.com »

Tags: makes bid takeover takeover bid

 

TalkTalk takeover? Toscafund makes 1.1bn bid

2020-10-08 02:00:00| Total Telecom industry news

TalkTalk have today confirmed that a £1.1 billion takeover proposal has been made by London-based hedge fund, Toscafund Asset Management. The deal offers to buy the business in full for 97 pence per share, a 16% premium on TalkTalk’s closing share price on Wednesday.   “The board has considered the terms of the proposal and has agreed to progress the proposal further with TAM (Toscafund Asset Management) along with taking advice from the company&rsquo…read more on TotalTele.com »

Tags: makes bid takeover takeover bid

 
 

Telia parts with its carrier business for around $1.1bn

2020-10-07 02:00:00| Total Telecom industry news

Swedish operator Telia is one of many telcos that have been gradually selling off their foreign infrastructure assets in order to focus on their home markets. Now the company has agreed to sell its carrier business to a group of Swedish pension funds under the Polhem Infra banner.   The carrier business covers around 65,000 km of fibre and is used by around 900 telecoms companies in 115 countries…read more on TotalTele.com »

Tags: business parts carrier telia

 

Ericsson boosts its 5G portfolio with $1.1bn purchase of Cradlepoint

2020-09-18 02:00:00| Total Telecom industry news

Ericsson has today announced its acquisition of Cradlepoint, the US-based market leader in Wireless Edge WAN 4G and 5G Enterprise solutions. The investment is key to Ericsson’s ongoing strategy of capturing market share in the rapidly expanding 5G Enterprise space. Cradlepoint complements Ericsson’s existing 5G Enterprise portfolio which includes Dedicated Networks and a global IoT platform. The combined offering will create valuable new revenue streams for customers by supporting full 5G…read more on TotalTele.com »

Tags: of purchase portfolio ericsson

 

Apple hit with record 1.1bn fine in France

2020-03-16 16:02:29| BBC News | Business | UK Edition

France's competition watchdog says Apple engaged in anti-competitive behaviour.

Tags: france record hit fine

 

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