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Telecom Review North America


Telecom Review North America
AT&T Dumps Yahoo PDF Print E-mail

Yahoo's struggling Internet business took a hit with the loss of a long-time contract to manage the Internet portal and search for US telecommunication giant AT&T. The loss to Yahoo is expected to be 100 million US dollars annually. This comes at a very bad tme for embattled CEO Marissa Mayer who is fighting for her life at Yahoo.

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Bell Canada to Purchase Manitoba Telecom Services PDF Print E-mail

Manitoba Telecom Services (MTS) shareholders will receive Can$40 in cash or
0.6756 Bell Canada shares for each MTS share tendered, according to a statement.

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CWA and IBEW Leaders Call Strike Against Verizon and its Customers PDF Print E-mail

Despite Verizon’s good faith efforts to get to new labor contracts, CWA and IBEW leaders, unwilling to make an agreement or even seek the assistance of the Federal Mediation and Conciliation Service (FMCS), have called a strike as of 6 a.m. on April 13, 2016. Verizon has activated its business continuity plans as customer service remains the company’s top priority.

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Mitel Announces Definitive Agreement to Acquire Polycom PDF Print E-mail

Mitel and Polycom announced that they have entered into a definitive merger agreement in which Mitel will acquire all of the outstanding shares of Polycom common stock in a cash and stock transaction valued at approximately $1.96 billion. Under the terms of the agreement, Polycom stockholders will be entitled to $3.12 in cash and 1.31 Mitel common shares for each share of Polycom common stock, or $13.68 based on the closing price of a Mitel common share on April 13, 2016. The transaction represented a 22% premium to Polycom shareholders based on Mitel's and Polycom's "unaffected" share prices as of April 5, 2016 and is expected to close in the third quarter of 2016, subject to shareholder and regulatory approvals and other customary closing conditions.

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Streamed Live Across the World: Telecom Review Summit PDF Print E-mail

The biggest and most important names in the telecoms and ICT industry from around the world gathered under one roof at the Telecom Review Summit on December 13 2015, at the Intercontinental Hotel in Dubai.

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