Amadeus Capital Partners achieved first close for Amadeus IV Digital Prosperity Fund with MTN as major investor.
Telecommunications
Experian: Telecom M&A do well in the UK
According to Experian, telecom M&A are doing well in the UK. According to Experian, there was an increase in mergers and acquisitions for the telecoms section in the United Kingdom.
Cell C gets US $350 million equity, US $222 million loans
The South African mobile operator gets more than US $570 million in equity and loans. South Africa's Cell C announced that it will be given a cash injection amounting to US $350 million from Oger Telecom, its major shareholder.
Spotify expands in Asian countries
The London-based online music provider tries to break into several Asian counties in an effort to race with Pandora in global expansion efforts.
AT&T’s airwaves deal with Leap clouds real value of purchase
AT&T Inc's deal to sell Leap Wireless International Inc.'s block of airwaves clouded the real value of the acquisition.
Latest News
The last remaining postal service in India finally shut down after more than a century's operation.
Tencent and other Internet company in China led the highest close of the telecommunication industry in Hang Seng index since 2004
AT&T Inc. was planning to takeover Europe's wireless carriers due to discount deals. Randall Stephenson, AT&T Inc. 's Chief Executive Officer, along with his top assistants were outlining a wish list of buyouts of Europe's wireless carriers.
Publicis Groupe announced that they made a US$15 million strategic investment in Jana Mobile. Publicis Groupe announced that they made a US$15 million strategic investment in Jana Mobile.
ChelseaFC owner Abramovich bought a 23.5% stake in Truphone for EUR81 million. Roman Abramovich had attached himself with Independent News & Media as an investor of the cutting-edge telecommunications firm, Truphone.
Crown Castle announced the contractual terms related to AT&T's acquisition of Leap Wireless. Crown Castle International Corp. announced contractual terms regarding leasing agreements, in light of recent AT&T acquisition of Leap Wireless International, Inc.
Cory Monteith who plays Finn Hudson was found dead in Vancouver with no foul play involved. Cory Monteith, who plays Finn Hudson on the hit television show 'Glee' was found dead in his hotel room in Vancouver, Canada.
ITA Cayman Holdings Ltd announced its agreement to buy Standard Chartered Trust (Cayman) Limited as it expands its business and increase presence in the Latin America market.
The following bids, mergers, acquisitions and disposals were reported on Friday. The following bids, mergers, acquisitions and disposals were reported on Friday.
