telecom

Silver Lake Increases Stake In Indian Telecom Jio Platforms
Silver Lake Increases Stake In Indian Telecom Jio Platforms
June 05, 2020  |  Investments

Silver Lake has upped its ante on India’s Jio Platforms. The Menlo Park, California-based private equity firm said Friday (June 5) it will buy an additional...

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UAE Fund Pumps $1.2B Into Jio Platforms, India’s Telecom Giant
UAE Fund Pumps $1.2B Into Jio Platforms, India’s Telecom Giant
June 05, 2020  |  Investments

Mubadala Investment Co., an investment arm of the government of Abu Dhabi in the United Arab Emirates (UAE), is investing $1.2 billion in Jio Platforms, the Indian telecommunications firm,...

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Google Eyes Vodaphone As Part Of India Investment Plan
Google Eyes Vodaphone As Part Of India Investment Plan
May 28, 2020  |  Investments

As it looks for a new way to hop into India’s hot mobile market, Google may be ready to take on rival Facebook, which has...

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Rakuten Mobile To Acquire InnoEye To Expand Cloud Network Services
Rakuten Mobile To Acquire InnoEye To Expand Cloud Network Services
May 13, 2020  |  Partnerships / Acquisitions

Rakuten Mobile Inc., a Tokyo internet services provider, plans to acquire InnoEye, an engineering technology company based in Virginia, per a company statement. Terms of...

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Pandemic Prompts Ericsson To Up 5G Projections
Pandemic Prompts Ericsson To Up 5G Projections
May 11, 2020  |  Mobile

The pandemic has prompted Stockholm-based telecommunications technology firm Ericsson to up its forecast for worldwide 5G subscriptions to 2.8 billion by 2025, the company said...

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Private Equity Co. Eyes Investing In India’s Jio Platforms
Private Equity Co. Eyes Investing In India’s Jio Platforms
May 10, 2020  |  Investments

General Atlantic (GA) is said to be negotiating an $850 million to $950 million deal for a stake in the Indian telecom company Reliance Jio,...

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India’s Jio Gets $750M Boost From Silver Lake
India’s Jio Gets $750M Boost From Silver Lake
May 04, 2020  |  Investments

Private equity firm Silver Lake is investing $750 million in India’s telecommunications giant Jio Platforms, according to a report in the Wall Street Journal on...

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Facebook Closes $5.7B Deal For Stake In India’s Reliance Jio
Facebook Closes $5.7B Deal For Stake In India’s Reliance Jio
April 22, 2020  |  Facebook

Facebook closed a $5.7 billion deal on Tuesday (April 21) for a minority stake in Indian telecom startup Reliance Jio, giving the social media giant...

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Fed Asks Banks To Be Lenient With Lending
Fed Asks Banks To Be Lenient With Lending
March 13, 2020  |  Coronavirus

The U.S. Federal Reserve is reportedly talking to lenders and saying that if they go through their liquidity reserves while helping customers there won’t be...

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