Indian billionaire Jhunjhunwala bought a stake at Firstsource Solutions. (Photo : Reuters)This is billionaire Jhunjhunwala. Indian billionaire Rakesh Jhunjhunwala acquired a 3.
Telecommunications
FCC Approves deals by SoftBank, Sprint, Clearwire
US regulators finally approved the acquisition bid from SoftBank Corp to take control over Sprint Nextel.
Nokia's Credit Rating Further Downgraded, Buying Siemens Shares Discouraged
Nokia's Standard & Poor's rating plummeted further in the junk territory. (Photo : reuters. com)Nokia, Finnish Telecom company SGV claims that Nokia is in no position to buy Siemens shares.
Vodafone Expands its Enterprise in Africa after Euro 1 billion profit in March
Vodafone Group PLC was expanding its enterprise in Africa with the hope to provide better service in the nation after earning Euro 1 billion.
HTC's profit upsurge halts as bigger rivals become more innovative
HTC Corp's increase in profit were expected to stop due to advancement in its bigger rivals' technology.
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A 2% increase of shareholdings was done by Bharti Airtel in the venture established with Qualcomm Inc.
MTV Italy, which is owned by Telecom Italia Media, was sold to Viacom International Media Networks for Eur 10 million.
Bharti Airtel increased its current stake in Qualcomm Inc from the previous 49% to 51% announced last Thursday.
Crest Financial said it was supporting Sprint's purchase of Clearwire's stake after Spint increased its bid from US$2.97 to US$5.0 per share.
Federal Communications Commission members approves Sprint-Clearwire-Softbank deal. (Photo : Reuters)FCC gives a green light for the Sprint-Clearwire-Softbank deal The FCC gave the Sprint Nextel-Soft deal the green light as they collected the final vote for the approval of the merger.
A partnership between 3CNET and Edgewater Wireless woudl offer WIFI in Nigeria. (Photo : Reuters)The image shows an laptop user accessing the internet through WiFi.
Final bidding for Optus underway. (Photo : Reuters)Optus Satellite sale largest telecommunications deal in Australia The final round of bidding for Optus is well underway.
Softbank Inc's bid for Sprint won the approval of the FCC. (Photo : Reuters)Softbank Corp won the approval of the FCC for its bid for Sprint Softbank's bid for mobile service provider Sprint Nextel Corp won the support that it needs from the Federal Communications Commission.
Nokia's budget strained from move to buyout Siemens AG in handset deal (Photo : Reuters)Nokia to buyout Siemens in network deal. Nokia expects cash strain in the coming days as it continues to buyout Siemens AG for its share of the network equipment joint venture that was established between the two companies.
