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Level 3 closes TW Telecom acquisition

2014-10-31 01:00:00| Total Telecom industry news

Merger bolsters Level 3's metro network credentials; combined companies boast 50,000 customers worldwide.

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Olympusat Telecom and Viaccess-Orca offer multiscreen TV turnkey solution

2014-10-29 21:00:18| Digital TV News

Viaccess-Orca has announced that Olympusat Telecom has chosen Viaccess-Orcas Voyage - TV Everywhere Solution. Olympusat will bundle its content preparation services with content from Olympusat Holdings and Viaccess-Orcas technology, providing operators with a single, end-to-end, cloud-based multiscreen solution.

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Level 3, tw telecom deal clears FCC and stockholder approvals

2014-10-29 18:58:31| Telecom - Topix.net

Level 3 Communications cleared two major decisions in its move to acquire tw telecom, announcing that both the FCC and the stockholders of both companies have approved its acquisition of the competitive provider. During the tw telecom stockholder's meeting, 86.2 percent of the tw telecom shares outstanding were voted in favor of the adoption of the merger agreement between tw telecom and Level 3. Likewise, at the Level 3 stockholders' meeting, 99.7 percent of the Level 3 shares voting at the meeting were voted in favor of the issuance of shares of Level 3 common stock to tw telecom stockholders in the acquisition.

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Etisalat posts strong Q3 on Maroc Telecom, domestic ops

2014-10-29 01:00:00| Total Telecom industry news

UAE operator buoyed by acquisition of a controlling stake in Moroccan telco; net profit grows by 22%.

Tags: posts strong domestic telecom

 

Level 3, TW Telecom shareholders back $5.3 billion merger

2014-10-28 19:30:25| Telecom - Topix.net

Jeff Storey, CEO of Level 3 Communications Inc., will continue to lead the company following its acquisition of TW Telecom. Shareholders of Level 3 Communications and TW Telecom on Tuesday morning overwhelmingly approved merging the companies in a $5.3 billion deal.

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