Verizon is in the final stages of a $5 billion deal to walk away with Yahoo's core internet business, according to Bloomberg. The carrier is positioned to beat out AT&T and other rivals in the final round of bidding for the beleaguered company. The offer doesn't include Yahoo's patents – not as it stands, at least – and it's unclear whether other assets might be included.
SoftBank President and CEO Masayoshi Son moved quickly to push his company's $32.1 billion deal to acquire ARM on Monday, urging analysts and investors at a London conference to "listen to the force." Noting that he is the company's largest shareholder, Son plugged the emergence of the IoT, saying investors should capitalize on a "paradigm shift" in technology as connectivity becomes ubiquitous.
Japan's SoftBank has agreed to acquire ARM Holdings in a $32.1 billion deal that would mark the biggest-ever purchase of a European technology company. What that might mean for Sprint, though, is far from clear.
Verizon said it will acquire the California-based startup Telogis in a move the carrier said will "significantly" expand its connected vehicle business. Terms of the deal were not disclosed.
The FCC's net neutrality win in a Washington, D.C., federal appeals court could dampen the enthusiasm of Verizon and AT&T in their pursuit of Yahoo, according to MoffettNathanson.
Verizon and AT&T are preparing for a third round of bidding for Yahoo's online assets, Reuters reported.
GTT isn't afraid to come to the acquisition table if a deal will add complementary capabilities to its portfolio, and it currently has a "funnel" of over 50 M&A possibilities, CEO Rick Calder told investors at the Cowen and Company 44th Annual Technology, Media & Telecom Conference.
Sprint wholesale partner Shenandoah Telecommunications Company (Shentel) closed on its acquisition of nTelos and said it will invest $350 million to upgrade to LTE and build out its network.
Verizon intends to bid for Yahoo's web business next week, according to a Bloomberg report, and Google is considering making an offer as well. But AT&T is out of the running.
Samsung Electronics is considering selling its wireless networks unit, according to a Light Reading report, which cites unnamed industry sources.