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- Challenges loom over QTel's tender offer for Indosat
- Qatar Telecom QTel plans to launch a tender offer of USD2.6bn to acquire the shares of Indosat that it does not already own. However, its bid could be challenged by Indonesia's Bakrie group, which plans to buy 10% to 15% of Indosat, sources tell Reuters. Changes in Indonesia's takeover...
- News items 2008-06-30
- DoCoMo in talks with Middle Eastern operators
- Japanese mobile carrier NTT DoCoMo is in talks with Middle Eastern mobile carriers including Qatar Telecom QTel, Saudi Telecom and the UAE's Etisalat, reports Bloomberg. The news comes as the Japanese company says it will continue to pursue overseas acquisitions particularly in Asia, where it recently acquired a stake...
- News items 2008-06-20
- SAP to buy small US software maker Visiprise
- Business solutions software provider SAP is set to buy Georgia-based Visiprise, which makes software for manufacturers, for an undisclosed sum, rumoured in some reports to be USD16m. The deal is part of SAP's strategy to strengthen its leadership in key markets by growing organically and through small acquisitions. Visiprise,...
- News items 2008-06-18
- KDDI ties up with MUFG for 24-hour online bank
- Japan's second-largest mobile operator, KDDI, is partnering with Bank of Tokyo-Mitsubishi UFJ to launch a 24-hour online bank, says Reuters. The 50-50 venture, called Jibun Bank, will reportedly debut in mid-July. Account holders will be able to make online payments using their mobile phones or PCs, with plans to...
- News items 2008-06-17
- Reed Business buys online business marketplace, Approved Index
- Reed Business Information's UK arm has acquired London-based B2B online marketplace and lead generation provider Approved Index for an undisclosed sum, says paidContent. Approved Index, which launched in 2004, helps suppliers list their businesses and products online and matches them with business buyers. Reed says the site will complement...
- News items 2008-06-13
- Baltic group buys majority stake in Polish social network
- Baltic internet group Forticom has acquired a majority stake, thought to be at 60% or 70%, in Polish social network Nasza-Klasa. The deal is rumoured to be worth around USD90m, according to local reports. Forticom, which is owned by two private equity funds and owns interests in several regional...
- News items 2008-06-12
- Indosat shares soar on QTel's USD1.8bn offer
- Shares of Indonesian mobile operator Indosat rose by 23% after Qatar Telecom QTel unveiled a USD1.8bn deal to up its stake in the company to 40.8%. Following the purchase, QTel will be required to make a tender offer for the rest of the shares that it does not own....
- News items 2008-06-10
- Swisscom to offer Zattoo's free TV service
- Swisscom has agreed to offer Zattoo's free online TV service to its high speed broadband customers. Users connected to the Swiss telco's VDSL Very High Speed Digital Subscriber Line network will receive 20 of Zattoo's most popular TV channels in higher quality, for free. The deal is a boost...
- News items 2008-06-06
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