Verizon ups the ante on AT&T’s Straight Path offer by 12.5% as spectrum war heats up
US telecoms giant Verizon has reportedly raised rival AT&T’s buyout bid for Straight Path Communications by US$200m as telcos face off for spectrum in a battle ...
Tag: DirecTV
AT&T to buy Straight Path for US$1.6bn to bolster 5G groundwork
US telco giant AT&T is acquiring internet service and telecoms start-up Straight Path Communications and its portfolio of millimetre wave (mmWave) spectrum ...
Oi tries second haircut as it looks to swap US$1.55bn of debt into equity
Struggling Brazilian telco Oi is reportedly looking to exchange R$5bn (US$1.55bn) of bondholder debt into equity. Oi, is negotiating with creditors how much would that ...
Liberty’s Malone sees M&A opportunities in Trump administration
John Malone, the billionaire behind Liberty Broadband, Liberty Global and Liberty Media has said the election of Donald Trump could lead to a new wave ...
Argentina’s telecoms reform aims to kindle competition as Latin American sector struggles
Argentina has relaxed telecoms regulations to boost competition and promote convergence as beleaguered Latin American telcos continue to face operational ...
Sawiris and creditors propose US$1.25bn injection to take control of Oi
Egyptian billionaire Naguib Sawiris and Oi‘s bondholders have proposed investments worth R$37bn (US$11bn) over five years in exchange for 95% of ...
Oi asks for judicial consent to sell Timor Telecom in bid to cut debt
Struggling Brazilian telco Oi has asked the court administrating its bankruptcy protection for authorisation to sell its direct and indirect interests in Timor ...
Thaddeus Arroyo replaces retiring AT&T veteran Ralph de la Vega, Kelly King to lead Mexican unit
The US’ largest telco AT&T has announced the retirement of Ralph de la Vega from his role as vice chair of the ...
AT&T and Dish team up for Invidi takeover to bolster advertising revenues
AT&T and Dish Network have moved to enhance their video advertising offerings by acquiring a software company that enables advertisers to target households ...
Oi hires Laplace as financial adviser, halts sale of Timor Telecom
Oi has hired restructuring specialist Laplace Finanças, which is going to assist in the judicial reorganisation process of the company and its ...
