GPS in Senate focus as SPAC investment arrives in sector with family offices seeking deals
US Congressional legislation is targeting Ligado’s potential harm to GPS, which the company says is not necessary. As a SPAC ...
Tag: UBS
Tower pure-play versus diversification debate under microscope
Activist shareholder action around US towerco Crown Castle highlights a wider connectivity debate, between those sticking to a pure-play ‘steel and ...
Accelerating quad-play drive sparks Sunrise Communications/UPC Switzerland convergence tie-up
The march towards convergent services continues to push TMT to the deal table, with cable giant Liberty Global playing an important ...
WOW! misses IPO target with US$310m in share sales
Colorado-based broadband operator WideOpenWest (WOW!) fell short of its IPO target after raising only US$310m in its recent share sale. WOW! had ...
PE firm to merge RCN and Grande with Wave Broadband in a US$2.4bn deal
TPG Capital has agreed to acquire US internet provider Wave Broadband for roughly US$2.4bn with an eye on creating the sixth largest cableco in ...
Telia sells a 7% stake in Turkcell as it takes further steps to exit Eurasia
Telia has placed close to 7% of its Turkcell holdings on the market to fetch some TL1.775bn (US$500m) as it continues ...
Vodafone India and Idea Cellular tie-up forms telecoms monolith
British telco giant Vodafone has confirmed the merger of its Indian unit with Idea Cellular for US$23bn to create India’s largest telco amid a ...
Gogo taps junk bond market again as hunt for CFO begins
Inflight connectivity provider Gogo has returned to the high-yield bond market completing a US$65m add-on to its US$525m offering last summer. Norman Smagley, ...
Singtel mandates banking trio for Netlink Trust IPO
Singaporean telecoms and satellite operator Singtel has reportedly hired three banks for an up to US$2.5bn listing of its high-speed broadband ...
Telefónica sells Argentine unit Telefe to Viacom for US$345m to help cut debt and refocus
Telefónica has sold its Argentine broadcast unit Televisión Federal (Telefe) to US entertainment content company Viacom for US$345m in cash to help reduce ...
