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.
Schmidt led the company's involvement in industry disputes and public policy fights around the world. He oversaw Google's 2004 initial public offering and its reorganization under the Alphabet holding company in 2015.
Last year, Ayla Networks had raised a $39-million Series C round led by China's Ants Capital. The post China's Sunsea Telecom, HK's Run Liang Tai lead $60m round in U.S. IoT firm Ayla appeared first on DealStreetAsia.
Qualcomm: Qualcomm, Jmc Seek To Exit Alphabet-backed New York Wifi Project: Sources, Telecom News, Et Telecom
Qualcomm is seeking to exit the venture because it views it as non-core, while the private equity firm JMC is aiming to generate a profitable return on its investment, the people said.
The Carlyle Group Promotes Cam Dyer And Patrick McCarter To Co-Heads Of Global Technology, Media And Telecommunications Team
Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced that Managing Directors Patrick R. McCarter and Campbell Cam R. Dyer and have been promoted to Co-Heads of the Global Technology, Media and Telecommunications (TMT) team. They succeed long-term Head James A. Attwood, Jr. who will continue as a Managing Director on the TMT team and maintain service on a number of Carlyle portfolio company boards. Mr. Dyer is based in Washington, DC and Mr. McCarter is based in Menlo Park, CA. Their new roles are effective September 1, 2017.