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Reliance Communications in tie-up talks with Sistema

2015-05-18 02:00:00| Total Telecom industry news

Indian mobile consolidation potentially on the cards as operators reportedly discuss share swap.

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Integrated Silicon says expects to hold talks with Cypress Semi

2015-05-16 06:47:26| Semiconductors - Topix.net

May 15 Integrated Silicon Solution Inc said on Friday it expected to hold talks with Cypress Semiconductor Corp regarding a buyout offer from its fellow chipmaker. Cypress has offered to buy Integrated Silicon Solution for $19.75 per share, valuing the company at $627.3 million.

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Actavis says Warner Chilcott unit held talks to settle US probe

2015-05-15 15:58:45| Biotech - Topix.net

REUTERS: Drug maker Actavis Plc said its Warner Chilcott unit held talks with US government officials to discuss a potential resolution of an investigation into the unit's sales activities, according to a regulatory filing. "The company has met with the government to discuss the status, and a potential resolution of, its investigation," Warner Chilcott said in a regulatory filing.

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Netflix in talks to enter China with Wasu - report

2015-05-15 09:07:00| Telecompaper Headlines

(Telecompaper) Netflix is in talks with a Chinese media company and other possible partners on its entry into the Chinese market, people familiar with the matter told Bloomberg. Netflix has held discussions with companies including Wasu Media Holding, backed by Alibaba founder Jack Ma, about forming a partnership. Wasu has been working with Alibaba Group to produce set-top boxes since 2013. Wasu operates cable TV and broadband networks in Hangzhou, where Alibaba is based. Wasu said in April last year it would sell a 20 percent stake to Alibaba Chairman Ma and fellow billionaire Shi Yuzhu. Netflix wants a local partner that has licences for content on all devices, including mobile phones, computers and set-top boxes. China's State Administration of Press, Publication, Radio, Film and Television has given internet TV licences to seven companies, including Wasu. Chief Content Office Ted Sarandos told an investor conference 13 May that Netflix intends to "try to figure out China and how to get there." The company doesn't intend to go to China without a partner, he said. 

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Vimpelcom, Hutchison confirm Wind-3 Italia merger talks

2015-05-14 09:17:00| Telecompaper Headlines

(Telecompaper) Hutchison Whampoa and VimpelCom have released statements confirming negotiations to merge their respective Italian mobile phone units, 3 Italia and Wind Telecomunicazioni. "We are in discussions with Hutchison regarding a possible equal joint venture between 3 Italia SpA and Vimpelcom's subsidiary Wind Telecommunicazioni SpA," said VimpelCom, adding that "there can be no assurances that an agreement will be signed and any transaction would be subject to, among other things, achieving satisfactory debt levels and obtaining all required corporate and regulatory approvals." Hutchison also issued a statement to inform shareholders and investors about "exploratory negotiations with VimpelCom". The companies have been holding on-off talks since December 2013, with Wind's net debt level and the exact split of ownership representing the main hurdles to a deal.

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