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FCC clears acquisition of tw telecom by Level 3

Saturday 25 Oct 2014 | 01:05 CET | News
The US Federal Communications Commission (FCC) has cleared Level 3 Communications' acquisition of networking services provider tw telecom. The FCC's approval is effective immediately. Level 3 agreed to buy tw telecom in June, for a combination of cash and shares, valuing the operator at USD 7.3 billion including debt. Tw shareholders will receive USD 10 cash and 0.7 shares of Level 3 common stock ...

FCC clears acquisition of tw telecom by Level 3

Saturday 25 Oct 2014 | 01:05 CET | News The US Federal Communications Commission (FCC) has cleared Level 3 Communications' acquisition of networking services provider tw telecom. The FCC's approval is effective immediately. Level 3 agreed to buy tw telecom in June, for a combination of cash and shares, valuing the operator at USD 7.3 billion including debt. Tw shareholders will receive USD 10 cash and 0.7 shares of Level 3 common stock ...

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Intex unveils 5-inch Aqua Amaze Android smartphone in India

25 Oct 2014 00:51 CET | India
Indian handset maker Intex Technologies has launched the Aqua Amaze smartphone, The Economic Times reports. The device runs on ...

Mozido secures USD 185 mln in funding

25 Oct 2014 00:40 CET | World
Mobile financial services provider Mozido has secured a 2-part round of Series B funding of up to USD 400 million. The first USD ...

B2X secures USD 15 mln, expands to India with TSS purchase

25 Oct 2014 00:05 CET | India
B2X Care Solutions, the provider of customer care services for smartphones, has raised USD 15 million in Series B funding and has ...

China govt wants more private investment in telecoms sector

24 Oct 2014 23:26 CET | China
China wants to attract more private investment in key sectors including energy and telecoms through policy support and fairer ...

Xiaomi invests in mobile security company LBE - report

24 Oct 2014 22:54 CET | China
Chinese smartphone maker Xiaomi's subsidiary Tianjin Jinxing Investment has acquired a stake in LBE Security, a provider of ...
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