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Stock Market & Financial Investment News

News Breaks
March 11, 2014
06:48 EDTVODVodafone CEO to use Kabel Deutschland as expansion hub, Bloomberg says
Vodafone CEO Vittorio Colao said the company is planning to use Kabel Deutschland as the “core” of its fixed-line business in Germany and possibly other countries, according to Bloomberg, citing comments from Colao. Vodafone bought Kabel Deutschland last year for more than $10B. Reference Link
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July 16, 2014
07:18 EDTVODVodafone head says unlikely interested in America Movil assets, Reuters says
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July 14, 2014
14:58 EDTVODKKR mulls sale of German telco Versatel, WSJ says
Private equity firm KKR (KKR) is thinking about selling its German telecommunications company Versatel GmbH, says the Wall Street Journal. If a sale process is initiated it may open the door to bids from UK's Vodafone (VOD) or potentially Telefónica (TEF), added the Wall Street Journal. Reference Link
08:32 EDTVODSynchronoss acquires Voxmobili for $26M in cash
Synchronoss (SNCR) announced its acquisition of Voxmobili, a wholly owned subsidiary of OnMobile Global. Voxmobili’s customers include AT&T (T), Airtel, Everything Everywhere, France Telecom, Orange (ORAN), T-Mobile (TMUS), and Vodafone (VOD). In consideration for the acquisition, Synchronoss paid approximately $26M in cash to OnMobile Global.

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