Wireless Telecommunications Services

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Premiere Global Services Inc announces acquisition of TalkPoint Holdings

8:00am EDT

Premiere Global Services Inc:Says acquisition of TalkPoint Holdings, L.L.C., a provider of webcasting software and services.PGi funded the purchase through its recently increased credit facility and cash and equivalents on hand.PGi anticipates the acquisition of TalkPoint will be accretive to non-GAAP diluted earnings per share.

Stream Group Ltd to acquire National Insurance Replacement Services

Tuesday, 16 Sep 2014 06:39pm EDT

Stream Group Ltd:Agrees to acquire National Insurance Replacement Services (NIRS), subject to Stream shareholder approval.Stream previously held 40 pct. of NIRS and has now agreed to acquire remaining 60 pct. by issuing new shares in Stream to the remaining shareholders of NIRS.NIRS is a national provider of innovative contents validation and fulfillment services to insurers and claims handlers.Says that it will acquire 60 pct. of NIRS for A$799,999 with consideration solely in form of total of 3,547,668 new Stream shares issued to vendors at deemed value of A$0.2255 per share.Vendors will also receive additional cumulative total of 452,332 new shares at A$0.2255 per share subject to FY 2015 EBIT (Earnings Before Interest and Tax) of NIRS business being at least A$200,000 (earn-out shares).

Mobile TeleSystems OAO applies to FAS for acquisition of Svyaznoy-Interfax

Monday, 15 Sep 2014 11:22pm EDT

Mobile TeleSystems OAO:The Federal Anti-Monopoly Service of Russia (FAS) is considering an application of Mobile TeleSystems OAO to acquire Gruppa kompaniy Svyaznoy ZAO (Svyaznoy), the agency said in a statement-Interfax.MTS also applied to acquire six subsidiaries of Svyaznoy, i.e. S-Klub, Svyaznoy logistika, Svyaznoy Strakhovaniye, Svyaznoy zagruzka, Mobil'nyi Telekommunikatsionnyi Servis and Explay.FAS has decided to prolong the time for considering the motion as it needs to obtain additional information.It was reported earlier that MTS can acquire a 49 percent stake in cellphone retailer Svyaznoy.

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Analyst Research

Report Title Price
Provider: Renaissance Capital
$92.00
Provider: Renaissance Capital
$92.00
Provider: GlobalData
$125.00
Provider: GlobalData
$125.00
Provider: GlobalData
$125.00

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