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Integrated Telecommunications Services

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T-Mobile US is no longer just a takeover target - CFO

Thursday, 17 Nov 2016 05:25am EST

T-Mobile US : CFO says we have to look at strategic options as they come up, we are no longer just a target Further company coverage: [TMUS.O] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).

Fusion acquires cloud services provider Apptix

Tuesday, 15 Nov 2016 09:04am EST

Fusion Telecommunications International Inc : Fusion Telecommunications International -Pricing of $2.8 million private placement consisting of 2.4 million shares of its common stock at $1.15 per share . Fusion Telecommunications International Inc- Total consideration in transaction was $28.0 million . Fusion Telecommunications International Inc - Acquisition was financed with a new $70.0 million senior secured credit facility led by East West Bank .Fusion acquires cloud services provider Apptix.

Verizon buys New York-based LQD WiFi

Monday, 14 Nov 2016 10:11am EST

Verizon Communications Inc : Verizon acquires LQD WiFi to humanize the citizen engagement experience .Terms of transaction have not been disclosed.

Tata Communications says co and Constantin Medien AG to create media hub in Germany

Tuesday, 8 Nov 2016 11:43pm EST

Tata Communications Ltd : "Tata communications joins forces with Constantin Medien AG to create a media hub in Germany ". . Constantin Medien has chosen Tata Communications as its preferred provider for network and cloud infrastructure solutions . Deal enables co to target media customers in Germany, Switzerland and Austria by using Constantin Medien as preferred channel .Will build a new connectivity hub in Munich.

CenturyLink to acquire Level 3 Communications for about $34 bln

Monday, 31 Oct 2016 06:30am EDT

Centurylink Inc : CenturyLink to acquire Level 3 Communications . Says deal for about $34 billion . Glen Post will serve as CEO and President and Sunit Patel will serve as CFO for combined company . Level 3 shareholders will receive $26.50 per share in cash and a fixed exchange ratio of 1.4286 shares of CenturyLink . CenturyLink expects transaction to be accretive to free cash flow in first full year following close of transaction . Deal for $66.50 per Level 3 share . Shareholders will own approximately 51 percent and Level 3 shareholders will own approximately 49 percent of combined company . Increased scale afforded by combined company is expected to generate $975 million of annual run-rate cash synergies . Expect to maintain CenturyLink's annual dividend of $2.16 per share . Intends to finance cash portion of deal through cash on hand at company and Level 3 and about $7 billion of additional indebtedness . Received financing commitments from BofA Merrill Lynch, Morgan Stanley & Co of about $10.2 billion for new secured debt facilities .All existing indebtedness of Level 3 is expected to remain in place at Level 3.

CenturyLink to acquire Level 3 Communications for about $34 bln

Monday, 31 Oct 2016 06:30am EDT

Centurylink Inc : CenturyLink to acquire Level 3 Communications . Says deal for about $34 billion . Glen Post will serve as CEO and President and Sunit Patel will serve as CFO for combined company . Level 3 shareholders will receive $26.50 per share in cash and a fixed exchange ratio of 1.4286 shares of CenturyLink . CenturyLink expects transaction to be accretive to free cash flow in first full year following close of transaction . Deal for $66.50 per Level 3 share . Shareholders will own approximately 51 percent and Level 3 shareholders will own approximately 49 percent of combined company . Increased scale afforded by combined company is expected to generate $975 million of annual run-rate cash synergies . Expect to maintain CenturyLink's annual dividend of $2.16 per share . Intends to finance cash portion of deal through cash on hand at company and Level 3 and about $7 billion of additional indebtedness . Received financing commitments from BofA Merrill Lynch, Morgan Stanley & Co of about $10.2 billion for new secured debt facilities .All existing indebtedness of Level 3 is expected to remain in place at Level 3.

Altice increases its stake in SFR Group

Friday, 14 Oct 2016 01:00am EDT

Altice NV : Increases its stake in SFR Group . Agrees to acquire an aggregate number of 23.1 million SFR group shares in private off-market transactions .Following settlement of these transactions, Altice to hold directly and indirectly 82.94% of capital and 82.93% of voting rights of SFR Group.

Altice increases its stake in SFR Group

Friday, 14 Oct 2016 01:00am EDT

Altice NV : Increases its stake in SFR Group . Agrees to acquire an aggregate number of 23.1 million SFR group shares in private off-market transactions .Following settlement of these transactions, Altice to hold directly and indirectly 82.94% of capital and 82.93% of voting rights of SFR Group.

Egypt 4G and fixed-line licence fees worth $495 mln -telecom regulator

Thursday, 13 Oct 2016 02:19pm EDT

Orange Egypt For Telecommunications Sae : Egypt 4G and fixed-line licence fees worth $495 million -telecom regulator .Egypt 4G licence fee alone worth $484 mln - telecom regulator.

Orange Egypt signs licence deal to offer 4G services

Thursday, 13 Oct 2016 02:00pm EDT

Orange Egypt For Telecommunications Sae :Orange Egypt signs licence deal to offer 4G services in Egypt.

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