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Integrated Telecommunications Services

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BCE Inc announces agreement to acquire Manitoba Telecom Services

7:30am EDT

BCE Inc:Bce announces agreement to acquire manitoba telecom services.Says will acquire all of issued and outstanding common shares of mts for $40 per share.Says will fund cash component of transaction from available sources of liquidity.Says will acquire all of issued and outstanding common shares of Manitoba Telecom Services Inc in a transaction valued at approximately $3.9 billion.Plans to invest $1 billion in capital over 5 years after the transaction closes to expand its broadband networks and services throughout Manitoba.Says combined company's Manitoba operations will be known as Bell MTS in recognition of the powerful brand presence the MTS team has built across in the province.MTS shareholders will be able to elect to receive $40 in cash or 0.6756 of a BCE common share for each MTS common share.As part of the agreement, MTS will not declare any further dividends on its common shares after its upcoming second-quarter 2016 dividend.Board of Directors of MTS has approved the transaction and recommends that MTS shareholders vote in favour of it.

BCE Inc announces agreement to acquire Manitoba Telecom Services

7:30am EDT

BCE Inc:Bce announces agreement to acquire manitoba telecom services.Says will acquire all of issued and outstanding common shares of mts for $40 per share.Says will fund cash component of transaction from available sources of liquidity.Says will acquire all of issued and outstanding common shares of Manitoba Telecom Services Inc in a transaction valued at approximately $3.9 billion.Plans to invest $1 billion in capital over 5 years after the transaction closes to expand its broadband networks and services throughout Manitoba.Says combined company's Manitoba operations will be known as Bell MTS in recognition of the powerful brand presence the MTS team has built across in the province.MTS shareholders will be able to elect to receive $40 in cash or 0.6756 of a BCE common share for each MTS common share.As part of the agreement, MTS will not declare any further dividends on its common shares after its upcoming second-quarter 2016 dividend.Board of Directors of MTS has approved the transaction and recommends that MTS shareholders vote in favour of it.

Stockwik Forvaltning buys Kallhalls Rot & VVS-system

5:50am EDT

Stockwik Forvaltning AB:Acquires Kallhalls Rot & VVS-system AB (KRVVS).KRVVS has five employees and sales in the company's latest fiscal year statement amounted to 10 million Swedish crowns.

Telstra corp updates on capital management program

Sunday, 1 May 2016 01:44pm EDT

Telstra Corp:Telstra announces a capital management program.Telstra announces a capital management program of at least $1.5 billion.Also maintain sufficient capacity to invest in our growth plans for the future.Intended that proceeds from sale of autohome shares will be used to fund the capital management program.Capital management program to commence in the first half of the 2017 financial year.

WPCS International Incorporated appoints Sebastian Giordano as Its Chief Executive Officer

Friday, 29 Apr 2016 09:00am EDT

WPCS International Incorporated:Has appointed Sebastian Giordano, 58, as Chief Executive Officer of the Company, removing the "Interim" label from his title.

Koninklijke KPN comments on FY 2016 guidance

Friday, 29 Apr 2016 01:30am EDT

Koninklijke KPN NV:Sees 2016 adjusted EBITDA in line with 2015.Sees 2016 capex around 1.2 billion euros.Sees 2016 free cash flow (excluding Telefonica Deutschland dividend) above 650 million euros.Additional cash flow via expected dividend from 15.5 pct stake in Telefonica Deutschland.Intends to pay a total regular dividend per share of 0.10 euros in respect of 2016 and grow the dividend in line with its free cash flow growth profile thereafter.Will distribute 1.2 billion euros of the combined proceeds from the sale of base and c. 5 pct Telefonica Deutschland shares to shareholders via capital repayment of 0.28 euros per share.KPN expects to execute the capital repayment in June 2016.

Level 3 Communications statement on FCC action to unlock $45 Billion Business Data Services

Thursday, 28 Apr 2016 05:00pm EDT

Level 3 Communications:Issued the statement below in reaction to steps taken at today's Federal Communications Commission (FCC) meeting to unlock the market for business data services (formerly known as "special access" services).For more than a decade, the FCC has investigated the competitiveness of pricing and terms for business data services.

Level 3 Communications Inc updates FY 2016 EBITDA outlook

Thursday, 28 Apr 2016 06:50am EDT

Level 3 Communications Inc:Expects Fy 2016 adjusted EBITDA growth of 10 to 12 percent, compared to the company's previous outlook of 9 to 12 percent.

Masmovil to buy 100 pct of Pepephone for 158 mln euros

Thursday, 28 Apr 2016 06:38am EDT

Masmovil Ibercom SA:Reaches deal to buy 100 percent of Pepe World SL, Pepe Mobile SL, Pepe Latam SL and Pepe Energy SL with all units(Pepephone) for 158 million euros.Pepephone is a Spanish mobile virtual network operator (MVNO).

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