TAMUNING, Guam--(BUSINESS WIRE)--TeleGuam Holdings, Inc. ("GTA"), Guam's leading provider of fiber, broadband and connectivity services to enterprises and consumers, announced that it has raised $146.2 million of lower cost capital which provides greater flexibility and allows GTA to accelerate its continued investment in Guam's telecom infrastructure. On November 19, 2019, GTA reached an agreement to amend, extend and upsize its existing first lien term loan. The transaction proceeds will faci.
Deutsche Telekom's venture capital arm is closing its second fund to new money after raising $350 million to invest in software service companies that are powering digital transformation. The post Deutsche Telekom gets SK Telecom support for VC arm; 5G JV agreed appeared first on DealStreetAsia.
Frontier Communications Corp said on Wednesday it would sell its telecom assets in four U.S. states for $1.35 billion to private investment firms WaveDivision Capital LLC and Searchlight Capital Partners LLC.
Including an over allotment of about 160 million shares, SoftBank is selling a total of roughly 1.76 billion shares in the telecoms business. The post SoftBank's telecom unit IPO shares said to be fully subscribed, raising over $23b appeared first on DealStreetAsia.
When Telecom Italia on Sunday named Luigi Gubitosi as its new chief executive officer, it handed Paul Singer a big victory in his struggle to remake the troubled company. Bloomberg had reported that Gubitosi was to be selected. The board, filled with directors representing Singer's Elliott Management hedge fund, chose former Merrill Lynch honcho and...
As well as being able to load content faster than ever before, you'll now find it's much easier to find all the content you need about the Asian business world. TOKYO -- TPG, the U.S. private equity firm, has finalized a deal that marks its most ambitious investment in Myanmar and the biggest consolidation yet in the country's fast-growing telecommunication infrastructure sector.
Brightstar Capital Partners To Acquire Leading Telecommunications Services Provider Qualtek In Partnership With Management
Brightstar Capital Partners to Acquire Leading Telecommunications Services Provider QualTek in Partnership with Management- New capital will position QualTek to take advantage of increasing 5G wireless and fiber optic deployment by the telecommunications sector - NEW YORK, June 13, 2018-- Brightstar Capital Partners ("Brightstar"), a private investment firm that partners with closely-held, family-owned middle market companies, is pleased to announce it has signed a definitive agreement to acquire QualTek USA, LLC ("QualTek" or the "Company") in partnership with senior management.
SK Telecom-Macquarie bid is up against a sole bid by a consortium led by private equity firm CVC Capital Partner. The post SK Telecom in race to buy Carlyle-owned ADT Caps, valued at $2.8b appeared first on DealStreetAsia.
Swedish business daily Dagens Industri said Sweden's Telia had held talks with the TDC board on a possible bid. Telia was not immediately available for comment.