Integrated Telecommunications Services
Challenger Mobile publ AB Appoints Mr. Johan Meijer as New CEO
Challenger Mobile publ AB announced that Mr. Johan Meijer has been appointed new Chief Executive Officer (CEO) of the Company, effective as of September 1, 2013. He will replace Mr. Hakan Tezcanli.
Syniverse Technologies Inc Completes Acquisition Of MACH
Syniverse Technologies Inc announced that it has completed its acquisition of MACH for approximately EUR550 million. The combined company now serves more than 1,500 mobile service providers, enterprises, ISPs and app providers in nearly 200 countries, offering a full suite of advanced solutions that help Syniverse`s customers ensure seamless, high-quality end-user experiences in an increasingly complex mobile ecosystem. The transaction is expected to be accretive within a year. Deutsche Bank acted as sole M&A adviser, and Debevoise & Plimpton, Latham & Watkins, and Shearman & Sterling acted as legal advisers to Syniverse in connection with the transaction. Barclays, Deutsche Bank, Credit Suisse and Goldman Sachs provided debt financing for the transaction.
BroadBand Tower Inc to Acquire Business from ITcore corporation
BroadBand Tower Inc announced that it will acquire virtualization cloud hosting business from ITcore corporation, on August 1, 2013. The transaction price is not disclosed.
Bce Inc Receives Regulatory Approval For Astral Media Inc Bid-Reuters
Reuters reported that Canada's broadcast regulator has approved a CAD3 billion ($2.86 billion) bid by Bce Inc to take over Astral Media Inc. The regulator, the Canadian Radio-television and Telecommunications Commission, had initially rejected the deal last year, saying it would make BCE far too dominant. BCE and Astral subsequently revised their agreement and promised to divest 11 television channels and 10 radio stations.
Markets
- Sectors
- U.S.
- Europe
- Asia
Sector Summary
| Energy |  -0.01% |
| Basic Materials | -0.88% |
| Industrials | -0.61% |
| Cyclical Goods & Services |  +0.03% |
| Non-Cyclical Goods & Services | -0.23% |
| Financials | -0.23% |
| Healthcare | -0.43% |
| Technology | +0.04% |
| Telecoms | +0.08% |
| Utilities | -0.64% |
| DOW | 14,932.41 | -42.55 |
-0.28% |
| S&P 500 | 1,614.08 | -0.88 |
-0.05% |
| NASDAQ | 3,433.40 | -1.09 |
-0.03% |
| TR US Index | 146.52 | -0.13 |
-0.09% |
Analyst Research
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