Notion PE fund is due to raise $150m to support cloud services and applications development.
Read more →a href=”http://www.commsbusiness.co.uk/RSS_News_Articles.cfm?NewsID=16204″Core Telco revenues to decline by 1.8% per annum until 2015/a The move to an all-IP world where everything is connected presents a major threat to telecom operators’ core voice and SMS revenues, but also significant opportunities for these operators to extract value from adjacent markets. This is one of the main findings of Telecom Operators: Let’s Face It, the 11th edition of the annual report[1] from global management consultancy Arthur D. Little and equity broker Exane BNP Paribas. The telecoms and pay-TV sector faces a sustained decline in
Read more →Apparently Mark Zuckerberg the Facebook founder announced to his board that he was going to buy Instagram for $1Bn just a few hours before the deal was actually done. According to sources speaking to The Wall Street Journal, the board “was told, not consulted” about the deal. The board voted immediately to approve the acquisition. I’m not sure that this would be a company I would be interested in investing in!
Read more →Tata withdraws from C&W bid leaving just Vodafone left in the running who have asked for more time to evaluate the deal. This doesn’t look good for C&W at all and shre price has already suffered.
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Cloud based services and applications can help level the playing field for SMEs competing against large corporations.
Read more →Daisy Group to buy Worldwide Group for initial £28m in cash U.K. business communications provider Daisy Group PLC Friday said it conditionally agreed to buy audio-conferencing specialist Worldwide Group Holdings Ltd. for an initial GBP28 million in cash. The Enterprise services provider says audio-conferencing specialist represents ‘strong strategic fit’ for company. A further undisclosed consideration may become payable based on earnings before interest, taxes, depreciation and amortization growth over an agreed period, it said.
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