Crown Castle raising US$1bn in share offering to fund FiberNet purchase
Crown Castle expects to raise approximately US$1bn in gross proceeds from the public offering of 11,350,000 shares of its common stock. The ...
Tag: North America
Broadcom snaps up Brocade in US$5.9bn deal to expand data storage business
US semiconductor developer Broadcom has agreed to purchase network equipment maker Brocade Communications Systems for US$5.9bn, including US$400m of debt, in the latest consolidation ...
Rogers in US$500m senior note issue for refinancing
Canada’s largest mobile operator Rogers Communications is issuing US$500m worth of 10-year senior notes for refinancing purposes. The bond, due in August 2026, ...
Crown Castle buys FiberNet for US$1.5bn to boost fibre capacity
US towerco Crown Castle is buying fibre services provider FPL FiberNet Holdings and certain other subsidiaries from power company NextEra Energy Inc for US$1.5bn in cash. FiberNet has rights to approximately 11,500 route ...
SpeedCast transforms itself with US$425m Harris CapRock takeover to deliver scale
SpeedCast and Harris CapRock are set to merge to create a giant in the maritime and energy satcoms markets and become one of ...
Brocade on the block to enhance cloud offering
US network equipment maker Brocade Communication Systems is reportedly for sale, with semiconductor developer Broadcom rumoured to be eyeing the company. Based on Friday’s price, Brocade ...
SpaceX to resume stage testing as Iridium’s wait to launch continues
SpaceX’s investigation into September’s launchpad explosion appears close to completion, an encouraging sign for the likes of Iridium Communications whose plans have been set ...
CenturyLink strikes US$34bn deal for Level 3 to bring more fibre to enterprise customers
CenturyLink has agreed a US$34bn deal to buy Level 3 Communications to combine the target’s global connectivity backbone with its larger enterprise customer base. Explaining ...
CenturyLink, Level 3 merger talks could prompt rival offers – analysts
Business-focused carriers CenturyLink and Level 3 Communications are reportedly in advanced merger talks as the spate of M&A activity in the US ...
Qualcomm to acquire NXP Semiconductors for US$47bn in IoT push
US-based semiconductor maker Qualcomm has agreed to buy the Netherlands’ NXP Semiconductors for US$47bn, expanding its footprint in the internet of ...
