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Wireless Telecommunications Services

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Calamp Accelerates Pivot To Subscription Services With Synovia Solutions Acquisition

Monday, 15 Apr 2019 07:40am EDT

April 15 (Reuters) - CalAmp Corp ::CALAMP ACCELERATES PIVOT TO SUBSCRIPTION SERVICES WITH SYNOVIA SOLUTIONS ACQUISITION.CALAMP CORP - DEAL FOR APPROXIMATELY $50 MILLION IN CASH..CALAMP CORP - SYNOVIA ACQUISITION IS ANTICIPATED TO BOOST CALAMP'S RECURRING REVENUE FROM SAAS SERVICES TO OVER $30 MILLION A QUARTER.CALAMP CORP - DEAL TO BOOST CALAMP'S REVENUE FROM SAAS SERVICES TO OVER $30 MILLION A QUARTER BY SECOND HALF OF CURRENT FISCAL YEAR.CALAMP CORP - ACQUISITION EXPECTED TO HELP DRIVE MARGIN EXPANSION AND BE ACCRETIVE TO CALAMP'S CONSOLIDATED ADJUSTED EBITDA IN CURRENT FISCAL YEAR.

Tata Teleservices Says DOT Issued Conditional Approval For Demerger Of Consumer Mobile Business

Friday, 12 Apr 2019 06:02am EDT

April 12 (Reuters) - Bharti Airtel Ltd ::DOT HAS ISSUED CONDITIONAL APPROVAL FOR DEMERGER OF CO'S CONSUMER MOBILE BUSINESS INTO BHARTI AIRTEL.

Spirit Telecom Rejected Proposal From Uniti Wireless To Acquire All Of Shares Of Co

Monday, 1 Apr 2019 06:14pm EDT

April 2 (Reuters) - Spirit Telecom Ltd ::REJECTED A PRELIMINARY, INDICATIVE, NON-BINDING AND CONDITIONAL PROPOSAL TO ACQUIRE ALL OF SHARES OF SPIRIT FROM UNITI WIRELESS LTD.

Uniti Wireless Confirms Bid For Spirit Telecom

Friday, 29 Mar 2019 12:23am EDT

March 29 (Reuters) - Uniti Wireless Ltd ::CONFIRMS THAT IT HAS ISSUED A NON-BINDING INDICATIVE OFFER TO ACQUIRE 100% OF ISSUED SECURITIES OF SPIRIT TELECOM.

NII Holdings Announces Sale Of Nextel Brazil To América Móvil

Monday, 18 Mar 2019 06:02am EDT

March 18 (Reuters) - NII Holdings Inc ::NII HOLDINGS ANNOUNCES SALE OF NEXTEL BRAZIL TO AMÉRICA MÓVIL.NII HOLDINGS INC - PROPOSED DEAL FOR AGGREGATE PURCHASE PRICE OF $905 MILLION LESS NET DEBT.NII HOLDINGS INC - NII WILL RECEIVE 70% OF FINAL NET PROCEEDS AFTER DEDUCTING A $2 MILLION PREFERRED SHARE RETURN DUE TO AI BRAZIL.NII HOLDINGS INC - AMÉRICA MÓVIL WILL PLACE $30 MILLION OF NII'S PORTION OF NET PROCEEDS INTO AN 18-MONTH ESCROW ACCOUNT.NII HOLDINGS INC - BOARD OF DIRECTORS HAS ALSO APPROVED PLAN TO DISSOLVE AND WIND UP NII AFTER CLOSING OF TRANSACTION.NII HOLDINGS INC - IF DEAL IS TERMINATED UNDER SPECIFIC CIRCUMSATNCES, NII MAY BE REQUIRED TO PAY A TERMINATION FEE OF $25 MILLION TO AMÉRICA MÓVIL..NII HOLDINGS INC - AGREED TO SELL ITS 30% INTEREST IN NEXTEL BRAZIL.NII HOLDINGS INC - AMÉRICA MÓVIL WILL BE SOLE OWNER OF NEXTEL BRAZIL FOLLOWING TRANSACTION.NII HOLDINGS - PRELIMINARY ESTIMATE OF AMOUNTS THAT WILL BE AVAILABLE FOR DISTRIBUTION TO STOCKHOLDERS RELATING TO DEAL IS $1.00 TO $1.50 PER SHARE.NII HOLDINGS INC - THAT IF DEAL TO SELL NEXTEL BRAZIL IS CONSUMMATED, AI BRAZIL WILL BE ENTITLED TO FIRST $10 MILLION, 6% OF ADDITIONAL AMOUNTS RECOVERED.

Millicom To Sell Its Chad Business To Maroc Telecom

Thursday, 14 Mar 2019 01:04pm EDT

March 14 (Reuters) - Millicom International Cellular SA ::MILLICOM TO SELL ITS CHAD BUSINESS TO MAROC TELECOM.TRANSACTION IS NOT EXPECTED TO HAVE A MATERIAL IMPACT ON GROUP AS A WHOLE.MILLICOM INTERNATIONAL CELLULAR - SALE OF TIGO CHAD IS IN LINE WITH MILLICOM’S STATED OBJECTIVE OF INCREASING ITS FOCUS ON LATIN AMERICA.

Disney In Active Talks With At&T To Acquire Warnermedia's 10% Hulu Stake - Variety

Wednesday, 27 Feb 2019 04:01pm EST

Feb 27 (Reuters) - :DISNEY IN ACTIVE TALKS WITH AT&T TO ACQUIRE WARNERMEDIA'S 10% HULU STAKE - VARIETY.

Millicom Adds Mobile To Its Cable Footprint With Acquisition Of Telefónica’S Operations In Panama, Costa Rica And Nicaragua

Wednesday, 20 Feb 2019 04:11pm EST

Feb 20 (Reuters) - Millicom International Cellular SA ::MILLICOM ADDS MOBILE TO ITS CABLE FOOTPRINT WITH ACQUISITION OF TELEFÓNICA’S OPERATIONS IN PANAMA, COSTA RICA AND NICARAGUA.MILLICOM - IS PAYING $1.65 BILLION TO ACQUIRE LEADING MOBILE ASSETS THAT COMPLEMENT MILLICOM'S CABLE OPERATIONS IN PANAMA, COSTA RICA, AND NICARAGUA.MILLICOM - TO GET DEAL SYNERGIES, EXPECTS TO INCUR PRE-TAX INTEGRATION COSTS OVER FIRST TWO YEARS OF APPROXIMATELY $100 MILLION.MILLICOM - EXPECTS TO GENERATE ANNUAL RUN-RATE OPEX AND CAPEX SYNERGIES OF $35-50 MILLION FROM DEAL.MILLICOM INTERNATIONAL CELLULAR - PROJECTED OPEX AND CAPEX SYNERGIES FROM DEAL ARE EXPECTED TO BE LARGELY REALIZED BY 2021 AND FULLY REALIZED BY 2023.MILLICOM INTERNATIONAL CELLULAR SA - TO ACHIEVE DEAL SYNERGIES, CO EXPECTS TO INCUR PRE-TAX INTEGRATION COSTS OVER FIRST 2 YEARS OF ABOUT $100 MILLION.MILLICOM INTERNATIONAL CELLULAR SA - IDENTIFIED POTENTIAL REVENUE SYNERGIES EQUIVALENT TO AN ADDITIONAL NPV OF APPROXIMATELY $250 MILLION.

Phoenix Tower International Expands Footprint In South America

Friday, 15 Feb 2019 05:19pm EST

Feb 15 (Reuters) - Phoenix Tower International ::PHOENIX TOWER INTERNATIONAL EXPANDS FOOTPRINT IN SOUTH AMERICA WITH ACQUISITION OF 600 WIRELESS COMMUNICATION TOWER SITES FROM TRILOGY IN BOLIVIA.PHOENIX TOWER INTERNATIONAL - TERMS OF TRANSACTION REMAINED CONFIDENTIAL BETWEEN PARTIES .

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