Softbank Vision Fund fuels M&A rumours with US$93bn capital close
London-based Softbank Vision Fund (SVF) has completed its first major close with more than US$93bn of committed capital fuelling speculation about increased M&A ...
Tag: North America
Xplornet to issue US$225m in senior notes after investing in second satellite
Xplornet Communications plans to issue US$225m in senior notes as the Canadian rural-broadband-provider launches a US$300m financing package, according to ...
SSPI names Boeingâs Harms chairperson and DataPathâs Myers president | Executive Moves
New York-based Society of Satellite Professionals International has announced the appointments of Dawn Harms as chairperson and David Myers as president of the board. ...
Intelsat enhances debt-exchange offer and extends deadline to 31 May
Facing bondholder unease that could wreck a planned merger with LEO broadband startup OneWeb, satellite operator Intelsat has sweetened its Softbank-engineered debt-exchange offer, ...
Globalstar works with Allen & Co to explore sale – sources
Private equity-backed Globalstar is understood to be working with boutique bank Allen & Co as the US-based satellite operator considers a sale, ...
Yahoo to buy back US$3bn of shares amid looming removal from exchanges
US internet giant Yahoo has offered to repurchase up to US$3bn of its shares to prevent any liquidity risk to stockholders as ...
Towerstream CEO taps former XO Communications colleague Laura Thomas as CFO | Executive Moves
US-based Towerstream has picked Laura Thomas to be its new CFO amid mounting losses at the company. Thomas hails from Impact Telecom, where she served ...
For third time, Intelsat extends deadline for debt-exchange offer
For the third time since late April, Intelsat has extended its proposed debt-exchange deadline, to 18 May, as the satellite ...
Orbcomm working with Canaccord Genuity and others as part of acquisition search
M2M satellite operator Orbcomm is working with investment bank Canaccord Genuity and âsome otherâ advisers as part of its acquisition ...
Deutsche Telekom posts record 18-month stock gain as Sprint and T-Mobile talk merger
SoftBank-owned US telco Sprint Corp has reportedly initiated merger talks with Deutsche Telekomâs T-Mobile US to create a stronger and more competitive three-player market. Financial and legal ...
