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Friday, March 21, 2025

Voice & Data

General Atlantic to invest Rs. 6,598.38 crore in Jio Platforms

Reliance Industries Limited and Jio Platforms Limited, India’s leading digital services platform, announced an investment of Rs. 6,598.38 crore by General Atlantic, a leading global growth equity firm. This investment values Jio Platforms at an equity value of Rs....

Ericsson and U.S. Cellular increase mobile broadband capacity during pandemic

U.S. Cellular with Ericsson support, began boosting mobile broadband capacity to customers in parts of Wisconsin, Iowa, Illinois, New Hampshire, Maine and North Carolina, due to increased demand for data usage during the COVID-19 pandemic. “We’ve seen an increase in...

Google Duo increases group calling limit to 12 participants

Google has updated its popular Duo chat app by increasing the group video user limit from 8 to 12 people into a single group call to help more people stay connected and practice social distancing. The new 12-person limit compares...

T-Mobile and Sprint Announce Amendment to Business Combination Agreement

T-Mobile US, Inc. and Sprint Corporation announced that they have entered into an amendment to their definitive Business Combination Agreement to create the New T-Mobile. The Boards of Directors of T-Mobile and Sprint have unanimously approved the amendment. The...

Vodafone Announces Agreement To Sell Vodafone Malta

Vodafone Group Plc announces that it has entered into an agreement to sell 100% of Vodafone Malta ("VFML") to Monaco Telecom SAM (“Monaco Telecom”).1 Monaco Telecom has agreed to acquire VFML for a cash consideration equivalent to an Enterprise Value...

Bharti Airtel launches Qualified Institutional Placement worth $2 billion

Telecom major Bharti Airtel launched a Qualified Institutional Placement (QIP) worth $2 billion as well as an issue of foreign currency convertible bonds (FCCBs) upto $1 billion. According to Bharti Airtel’s stock exchange filings on Wednesday, the QIP issue will...

Telstra welcomed the ACCC’s draft decision not to declare mobile roaming

Chief Executive Officer Andrew Penn said the ACCC’s decision clearly recognised the overwhelming call from regional Australia to continue encouraging telecommunications investment and competition. “This is the right decision for the people, businesses and communities of regional Australia because it...

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