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Tag: acquire stake
LG Uplus to acquire 54% stake in CJ Hello for KRW 800 bln
2019-02-14 08:39:00| Telecompaper Headlines
(Telecompaper) Following the completion of CJ Hello's acquisition, LG Uplus is expected to become South Korea's second-largest pay-TV operator, with an estimated market share of 24.4 percent Yonhap news agency reports. The cable content will add to LG's existing IPTV services.
NTT Com to acquire majority stake in MVNE Transatel
2018-12-21 10:26:00| Telecompaper Headlines
(Telecompaper) NTT Com has agreed to buy a majority stake in France-based mobile virtual network enabler Transatel. The acquisition enables the NTT subsidiary to strengthen its position in the IoT market. Transatel has since 2012 diversified its strategy to provide eSIM connectivity to consumer devices, agreeing distribution deals with global brands including Microsoft and Dell. In recent years, it has also broadened its product range to address the markets of connected vehicles and industrial IoT applications. In addition, the company has a track record of over 170 successful client MVNO launches.
Tags: majority
acquire
stake
ntt
Telstra to acquire 25% stake in Southern Cross Cable Network
2018-12-18 07:44:00| Telecompaper Headlines
(Telecompaper) Southern Cross Cable Network (SCCN) and its shareholders Spark New Zealand, Singtel and Verizon Business announced that Australian operator Telstra has agreed to purchase a 25 percent stake in SCCN and capacity on both the existing network and the new Southern Cross NEXT subsea cable. The share purchase and capacity purchase are inter-conditional, and both are subject to definitive documentation and relevant regulatory approvals.
Tags: network
cross
cable
southern
Lenzing to acquire remaining stake in China subsidiary
2018-10-24 15:46:00| Daily apparel & textile news and comment - from just-style.com
Austrian cellulosic fibre producer Lenzing Group is to acquire the remaining 30% stake in its Chinese subsidiary Lenzing Nanjing Fibers Co (LNF).
Tags: china
remaining
subsidiary
acquire
Advent International to acquire majority stake in Walmart Brazil
2018-06-04 17:05:00| Daily apparel & textile news and comment - from just-style.com
Global private equity firm Advent International is to acquire a majority stake in Walmart Brazil in a move designed to strengthen the business and position it for long-term success.
Tags: international
brazil
majority
acquire
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