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Virgin Media O2 to snap up Russian oligarch-backed broadband firm

The Guardian M&A

UK government forced sale of ‘alt-net’ broadband provider Upp on national security grounds Virgin Media 02 is to buy a British broadband company owned by a Russian oligarch-backed investment company, after the government forced its sale on national security grounds. Continue reading.

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DZS to Acquire Subscriber Access Technology Leader NetComm

Benzinga

DALLAS, May 06, 2024 (GLOBE NEWSWIRE) -- DZS (NASDAQ: DZSI ), a global leader of broadband networking and software-defined cloud solutions, today announced a binding agreement to acquire NetComm Wireless Pty Ltd.

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AERKOMM and Nasdaq-Listed IX Acquisition Corp. Announce Merger Agreement and US $35 Million Private Placement

Benzinga

The Nasdaq-listing is intended to enable AKOM to execute its strategy to provide carrier-neutral and software-defined infrastructure to deliver mission-critical, multi-orbit satellite broadband connectivity. SILICON VALLEY, Calif., March 29, 2024 (GLOBE NEWSWIRE) -- AERKOMM Inc. Interoperability.

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How Technology Investment Drives Community Bank Consolidation

Reynolds Holding

The need for technology investment has been propelled by regulatory requirements, consumer preference for digital services, and the pursuit of operational efficiencies, such as streamlined loan processing. The impact of technology investments on community bank mergers and acquisitions is ambiguous due to two conflicting effects.

Banking 59
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Why are UK telecoms firms imposing inflation-busting bills?

The Guardian M&A

Exclusive: Ofcom is facing calls to intervene after companies pushed through prices rises of up to 17% this year Mobile and broadband firms accused of fuelling UK ‘greedflation’ with major price hikes Case study: ‘I’m being forced to make difficult choices’ In the autumn of 2020, bosses at BT were faced with a problem.

Banking 62
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Virgin Media O2 explores bid for rival TalkTalk

The Guardian M&A

Pay-TV, broadband and mobile company aims to build scale to take on BT and Sky Virgin Media O2 has explored making a multibillion-pound offer for broadband and the telecoms company TalkTalk in its latest move to build scale to create a new “national champion” to challenge BT and Sky.

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FMC GlobalSat Acquires 100% of Anuvu's Maritime, Enterprise and Government connectivity businesses

Benzinga

Renowned for its cutting-edge technology, engineering prowess, and numerous industry accolades, Anuvu has served as a trusted connectivity partner to nearly 4,000 terrestrial and maritime customer locations and millions of users across the globe. Full story available on Benzinga.com