Lumos Networks, a regional service provider that has been gaining traction in the business and wholesale market selling fiber-based Ethernet services, could be an attractive acquisition target, says Cowan and Company in a report.
Birch Communications has completed its acquisition of Covista Communications' assets, a deal that furthers its business, wholesale and residential customer reach in 10 states.
A report from Bloomberg citing "people with knowledge of the matter" says that Ericsson is in negotiations with Microsoft to buy its Mediaroom IPTV software business, a transaction that could be announced in just a few weeks.
CBS Corp. said it struck a deal to acquire a 50 percent stake in TV Guide Network, and that it'll convert TVGN into a new basic cable network focused on entertainment programming. It'll operate the network through a 50/50 partnership with Lionsgate.
Cisco is furthering its ongoing software capability acquisition spree, announcing a deal to acquire SolveDirect, a provider of cloud-delivered service management integration software and services.
Oracle made another move to bolster its telecom equipment portfolio, reaching a deal Monday to acquire Tekelec for an undisclosed sum.
BSkyB's recent proposal to acquire the wireline assets of Telefonica's O2 UK subsidiary is facing a review by the UK's Office of Fair Trading.
Belkin completed its acquisition of Cisco's Linksys home network division on Friday with plans to retain the company's brand, products and support channels.
Vivendi delayed its plan to sell its Brazilian subsidiary Global Village Telecom (GVT) after receiving what it said was lower than expected offers.
Batelco, Bahrain's incumbent telco, has entered into talks to purchase a large stake in Reliance Globalcom, the business services subsidiary of Reliance Communications.