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AT&T takeover of Time Warner faces court appeal by US DoJ

2018-07-13 08:49:00| Telecompaper Headlines

(Telecompaper) The US Department of Justice has appealed against the federal court approval of AT&T's takeover of Time Warner. AT&T said it was surprised by the decision and would defend the merger in court again. 

Tags: us time court att

Category:Telecommunications

Sky agrees to higher takeover bid from Comcast

2018-07-12 09:06:00| Telecompaper Headlines

(Telecompaper) Comcast has raised its offer for European pay-TV provider Sky, just beating an improved bid from Sky's largest shareholder 21st Century Fox. The new offer from Comcast is GBP 14.75 per share, valuing Sky at GBP 26 billion. That's up from Comcast's first offer in April of GBP 12.50 per share and 21CF's latest offer of GBP 14. 

Tags: higher bid sky agrees

Category:Telecommunications

Broadcom to buy CA Technologies for USD 18.9 billion

2018-07-12 08:48:00| Telecompaper Headlines

(Telecompaper) Broadcom has agreed to buy CA Technologies for USD 18.9 billion. The company said the takeover will help it meet the growing demand for infrastructure software, adding CA's mainframe and enterprise software, extensive customer base and recurring revenues to its portfolio. 

Tags: buy technologies usd billion

Category:Telecommunications

ZTE moves closer to resuming business as US signs escrow deal

2018-07-12 08:35:00| Telecompaper Headlines

(Telecompaper) ZTE is a step closer to resuming business with the US, after the US Department of Commerce signed the earlier announced escrow agreement with the company. Once ZTE deposits USD 400 million in the escrow account, the ban on exports to ZTE from the US will be lifted, the department said.

Tags: business deal signs closer

Category:Telecommunications

Honor reports international sales up 150% in H1

2018-07-11 14:08:00| Telecompaper Headlines

(Telecompaper) Huawei has reported continued strong sales at its Honor brand. Outside its home market China, Honor's sales volume increased 150 percent year-on-year in the first half of 2018. The growth was led by the popular Honor 10 smartphone, which has already sold over 3 million units since its launch in April. 

Tags: international sales reports honor

Category:Telecommunications

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