Home White House ends Broadcom bid for Qualcomm, citing security concerns

Keywords :   

White House ends Broadcom bid for Qualcomm, citing security concerns

2018-03-13 08:53:00| Telecompaper Headlines

(Telecompaper) The US government will not allow the takeover of Qualcomm by Broadcom, due to national security concerns, according to a statement from the White House. An order signed by US President Donald Trump said there was "credible evidence" that Broadcom, a company based in Singapore, by exercising control over Qualcomm, "might take action that threatens to impair the national security of the United States". 

Tags: house white security bid



Altice to sell international carrier business to Tofane

2018-03-13 08:38:00| Telecompaper Headlines

(Telecompaper) Altice has entered exclusive talks to sell its international carrier business to Tofane Global for an undisclosed sum. Altice International Wholesale includes the group's international inter-operator carrier activities in France, Portugal and the Dominican Republic (SFR Carriers, Meo and Orange Dominicana), which together transported 14 billion minutes of international voice traffic in 2017.

Tags: business international sell carrier

Category: Telecommunications



Finnish government buys 3.3% stake in Nokia

2018-03-13 01:00:00| Total Telecom industry news

The Finnish government has purchased an €844 million stake in Nokia, the company has announced. Through its wholly owned investment company Solidium Oy, the Finnish government will take control of 3…read more on TotalTele.com »

Tags: government nokia finnish buys

Category: Telecommunications



Latest from this category

All news

19.03Last week in telecoms: Vodafone and Orange drag on index, biggest losses at Iliad and MegaFon
16.03Dutch Broadband 2017-Q4
16.033 Group grows FY results on Italian merger, despite small drop in customer base
16.03Qualcomm former chairman talks to investors on buy-out bid - report
16.03Legal insight: Regulatory reforms to facilitate FTTP
16.03Amazon turns 5 million TV viewers into online shoppers
16.03O2: 5G could bring $6bn of savings per year for UK govt
15.03China Unicom posts strong growth in FY results, mobile service revenue up 8%
Telecommunications »
19.03Satelite Operations Engineer Copernicus Sentinel
19.03Dependability and Safety Support Engineer
19.03ICCT: decline in diesel sales will have negligible impact on attainment of European CO2 emission standards
19.03Novel microbial biosensor platforms for early detection and treatment of oil leakage and produced waters
19.03Carillion finance directors to be probed by regulator
19.03Fixed-odds maximum bet 'should be cut to 30'
19.03Eastern Europe digital pay TV subscribers to grow 27% between 2017 and 2023
More »