Samsung lost US$12 billion market value after the slowing sales of its flagship smartphone, Galaxy S4.

AT&T announces selling 7% of its holdings in the Latin American telecommunication firm, America Movil.

Instructure gains another US$30 million from investors for its Series D financing round. (Photo : Reuters)The image is Canvas, Instructure's cloud based Learning management system.

Bharti Airtel shareholders approved the sale of 5% equity worth US$1.2 billion to Qatar Foundation Endowment.

Akhmetov's SCM has purchased 92.79% of Ukrtelecom from EPIC of Austria. Rinat Akhmetov, Ukraine's richest business mogul, owns a firm that had recently announced that it was purchasing Ukrtelecom, the former Soviet Republic's biggest fixed line operator.

MTS is discussing acquisition of Akado, a major broadband and cable TV provider in Moscow, Russia. Last Wednesday, Kommersant Daily reported that MTS is in discussion to acquire Akado, a major broadband and cable television provider in Russia.

CT Corp announces to buy 80% of Telkomvision stake in Indonesia for less than US$100 million deal. (Photo : Reuters)CT Corp Founder and Chairman Chairul Tanjung June 5, Indonesian billionaire Chairul Tanjung agrees to buy 80% stake in the second largest pay-TV operator in the country, Telkomvision.

Canadian Industry Minister, Christian Paradis squashes Telus Corp's application for a takeover deal with Mobilicity following the Canadian ban for spectrum licenses acquisition from smaller rival companies.

Glass Lewis advices shareholders to hold off the takeover vote for SoftBank Corp's takeover bid on June 12.

Zain would establish an Iraqi company to comply with IPO regulations in the country. The largest mobile company in Kuwait, Mobile Telecommunications Co, popularly known as Zain, is now in the process of creating an Iraqi company so that Zain Iraq would be able to comply with the regulations on public share sales.