Microsoft signs $1.2B deal to acquire Yammer; Ethiopia clarifies proposed VoIP law

Wireline news from across the web:

@FierceTelecom RT @TechInvestNews: Cloud computing: 9 in 10 are positive on it, survey says. Article | Follow @FierceTelecom

> Microsoft is acquiring online social network provider Yammer for $1.2 billion, a move that will give the software company a Facebook-like service for its business customers. Article

> Telekom Malaysia established a new External-Network to Network Interconnection (E-NNI) agreement with Inteliquent to expand its global Ethernet reach. Release

> Hancock Telephone, an independent ILEC serving New York and Pennsylvania, has chosen ADTRAN's NetVanta8044M Ethernet Access Gateway and Total Access 5000 FTTH solutions to deliver residential broadband and wireless backhaul services. Release

And finally … Ethiopia says new draft legislation is designed to punish VoIP providers who try to conduct what it says are "unlawful international calls in order to gain illegal revenue." Article

Suggested Articles

Frontier Communications is looking to rebound from a disappointing second quarter last month by offering a new managed cloud IT service.

Tyson, Virginia-based GiGstreem raised $10 million in a Series B funding round that was led by RET Ventures with participation from LNC Partners.

Comcast sent its Senior VP of Next Generation Access Networks Elad Nafshi to the ONF conference today to announce its big step on virtualization of the cable…