Shares of Sprint got a boost this morning after the Sunday Telegraph reported T-Mobile parent Deutsche Telekom AG may acquire the carrier and merge it with its own T-Mobile USA. But a tie-up with Comcast would be a better fit for the beleaguered carrier. Just a… Read More »
Voice
The piece-by-piece sale of fallen Canadian giant Nortel continues. Avaya, an enterprise telephony company that was carved out of telephony’s fallen star, Lucent Technologies, has bought Nortel’s PBX business for $900 million in cash, the two companies announced today. Initially Avaya had bid $475 million for… Read More »
Verizon has come out against Nortel selling its enterprise telephony business to Avaya, which has offered about $475 million for it, because neither the seller nor the buyer want to take on the contracts to service the equipment currently installed in U.S. government and business offices.… Read More »
Skype’s new owners should be aware of one small thing: They are paying $2 billion for a company that, despite having more than 400 million subscribers, doesn’t know how to leverage that platform. Why? Because it doesn’t understand developers. It never has. We have consistently pointed… Read More »
Brad Garlinghouse, formerly a senior vice president at Yahoo, is joining AOL as its president of Internet and Mobile Communications, which includes AOL’s e-mail and instant messaging. He will be heading up AOL’s Silicon Valley operations in Mountain View and will be responsible for AOL Ventures… Read More »
Earlier this week, a group of investors led by Silverlake Partners, a Silicon Valley-based private equity group, acquired 65 percent ownership in Internet telephony company Skype for about $1.9 billion in cash and $125 million in debt. The current owner, eBay, retained 35 percent of Skype,… Read More »
Word just came in — the deal is official. eBay is selling Skype in a deal that values the Internet calling service at $2.75 billion. eBay will get $1.9 billion in cash, a $125 million note, and will give up 65 percent of the company to… Read More »
