TelecomIndustry

Macquarie Explores Potential Sale of Altafiber Exceeding $5 Billion

4 days ago

Macquarie Group is assessing the opportunity to divest its telecommunications subsidiary Altafiber, with potential sales figures anticipated to surpass $5 billion. This consideration emerges amid a competitive environment in the communications sector, where growing demand for fiber-optic infrastructure presents lucrative prospects for investors.

Major Security Breach Hits T-Mobile's Network Amidst Advanced Hacking Operation from China

1 month ago

In a significant development, T-Mobile has reportedly fallen victim to a sophisticated hacking operation believed to be orchestrated from China. According to a recent report by the Wall Street Journal, the breach has raised serious concerns regarding the security of mobile networks and the sensitive information contained within them.

Rogers Set to Secure $5.1 Billion Financing Deal with Mysterious Investor

2 months ago

Rogers Communications, a major player in the Canadian telecommunications market, is reportedly on the verge of finalizing a significant financing agreement amounting to $5.1 billion. This substantial deal is being negotiated with an unnamed investor, and, if successful, it is expected to bolster the company’s financial standing and aid its strategic initiatives.

AT&T Marks Exit from Costly Push into Media with DirecTV Sale

3 months ago

In one of the most significant reversals of its long, costly foray into the media business, AT&T Inc. has agreed to a sale of the remaining stake in DirecTV, thereby effectively scaling down exposure to a satellite television service that has been bleeding subscribers. The deal gives clear indications that AT&T is concentrating on core business operations: wireless and broadband services, after years of investments and divestitures within the media arena.

Vodafone And Three Pledge to Keep £10 Plan to Win UK Deal Approval

3 months ago

In one of the major efforts toward winning regulatory clearance for their merger, telecom giants Vodafone and CK Hutchison's Three have agreed to retain a crucial £10 monthly plan targeted at the budget-conscious portion of their subscriber base. This is a pre-emptive strike aimed at fending off competition concerns and showing their commitment to the issue of access to cheap mobile services for all subscribers.