Dish Network increases its bid for Clearwire to US$4.40 per share. Dish Network increased its offer to purchase Clearwire Corp to US$4. 40 per share. At this price, the enterprise value of the wireless service provider is estimated at US$6.
Telecommunications
Sprint Overthrows Dish Latest Offer For Clearwire
Sprint overthrows US$3.40 bid per share of Dish to a US$4.40 bid per share for Clearwire. (Photo : Reuters)People passing by a Sprint store in NYC. Sprint Nextel Corp has urged Clearwire Corp to reject the offered bid made by Dish Network.
Vodafone to Expand UK Investments
Vodafone to put in another GBP900 million for the completion of the 4G network of the company. The second largest wireless company in the world, Vodafone Group Plc, has announced that it would be inreasing its UK investments by a whopping 50%.
Zain Saudi allowed to defer payment of license fees
Zain Saudi has entered into an agreement with the Saudi Arabian Ministry of Finance to defer payment of mobile phone license fees to 2021.
Telecom Italia Chairman Updates Progress
Telecom Italia Chairman Franco Bernabe, through an interview, updates the process of the buyout from Hutchison Whampoa.
Latest News
TuneIn announces its latest funding round led by Institutional Venture Partners worth US$25 million.
Optus Satellite is being sold in an auction by owner SingTel to raise funds for its other corporate endeavors.
Cisco is seeking EU intervention on its claims of monopolistic effect of Microsoft's purchase of Skype.
StickyADS.tv lands Eur3.1 million B round of funding. Launched bank in 2009, StickyADS. tv is one of the leading video ad networks and ad exchange platform comprising of over 200 publishers.
Pay television operators amongst the bidders for Hulu. An anonymous source with direct knowledge of the transaction identified pay television operators DirecTV and Time Warner Cable as among the bidders, aside from Yahoo and the consortium led by Peter Chermin.
Hulu.com auction attracts more bidders. The private equity fund, Guggenheim Digital Media and former President of News Corp, Peter Chernin, have already tendered their bids for the online video service, Hulu Video, as related by sources who are knowledgeable of the matter to Reuters.
Just Dial, a local search service provider, sells off US$170 million for 17.5 million shares. Just Dial, the Indian local search service firm had offered shares in the public bourse at a volume of US$170 million, The IPO was subscribed 11.
Clearwire Corp. has agreed on the buyout offer from Sprint Nextel Corp. despite disappointed minority shareholders .
SoftBank Corp. aims to name a security director to the board of Sprint Nextel once it becomes successful in its proposed takeover bid.
