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Lumen sells LatAm network to Stonepeak for $2.7bn

2021-07-27 02:00:00| Total Telecom industry news

In recent months, Lumen, formerly CenturyLink, has been seeking to divest itself of various assets in an attempt to pay down its debt. In fact, earlier this month the company was rumoured to be in talks with Apollo Management Global over the potential $5 billion sale of its consumer operations in the US. Now, furthering this strategy, Lumen has announced the sale of its Latin American business to investment firm Stonepeak for around $2…read more on TotalTele.com »

Tags: network sells lumen latam

Vocus agrees to $2.7bn takeover by MacquarieSuper Aware

2021-03-09 01:00:00| Total Telecom industry news

Early last month, it was announced that MIRA had reached out to Australia’s Vocus with an indicative and non-binding proposal at a price of AUD5.50 ($4.25) per share for 100% of its business, for a total investment of around $2.7 billion. This offer represents a 25.6% premium on the share value at the start of February. A few weeks later…read more on TotalTele.com »

Tags: aware agrees takeover vocus

Women retirees win 2.7bn for underpaid pensions

2021-03-04 07:08:50| BBC News | Business | UK Edition

About 200,000 pensions may get top-ups averaging 13,500 after nearly two decades of shortfalls.

Tags: women win pensions retirees

FCC reveals winners of US' $2.7bn 5G mmWave auction

2019-06-04 02:00:00| Total Telecom industry news

The Federal Communications Commission (FCC) has announced the results of its 24GHz and 28GHz auctions, with over $2.7 billion being raised in the process. Millimetre wave (mmWave) spectrum will be used by telcos to deliver the hyperfast…read more on TotalTele.com »

Tags: auction winners reveals fcc