D.Telekom to buy SunCom Wireless for $1.6 bln
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Deutsche Telekom  said on Monday its mobile phone division T-Mobile USA had agreed to buy SunCom Wireless for about $1.6 billion.
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ReAble Therapeutics, the orthopedic-device maker controlled by the private equity company Blackstone Group, agreed to purchase DJO for $1.6 billion.
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Sun Microsystems will acquire software company MySQL for $1 billion, the companies said.
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Sprint Corp. (FON.N: Quote, Profile, Research) on Wednesday agreed to buy mobile telephone company Nextel Communications Inc. (NXTL.
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Deutsche Telekom, the parent company of T-Mobile USA, said Monday it had agreed to acquire Southeastern US carrier SunCom for $1.6 billion USD in cash.
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Sun Microsystems, the large U.S. seller of open-source software, said it would buy MySQL, the world leader in open-source database software, for $1 billion.
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Britain's Vodafone Group PLC has agreed to buy a 67 percent controlling interest in Hutchison Essar Ltd., one of India's leading cell phone companies, for $11.1 billion, Vodafone said in a statement Sunday.
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France's Alcatel SA completed its $11.6 billion acquisition of Lucent Technologies Inc. on Thursday, creating a new leading global telecom equipment maker, the companies said in a statement.
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Telecommunications equipment  maker Ericsson AB (ERICb.ST) will buy data networking  equipment vendor Redback Networks Inc.  for $2.1  billion in cash, the companies said on Tuesday.
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Sun Microsystems Inc. said Tuesday that it agreed to provide Vodafone Group PLC with its entire line of hardware, software and services for its wireless phone network.
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T-Mobile USA, the nation's fourth-largest cell phone carrier, has received approval for its $2.4 billion purchase of SunCom Wireless, a regional carrier that primarily serves the southeastern United States.
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Rogers Communications Inc. said Monday it had reached a tentative deal to buy AT&amp;T Wireless Services Inc.&#39;s 34 percent stake in Rogers Wireless Communications in a deal worth C$1.
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Ericsson, the telecommunications equipment maker, will buy Redback Networks, a vendor of data networking equipment, for $2.1 billion in cash, the companies said on Tuesday.
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Sprint Corp. on Wednesday agreed to  buy wireless telephone company Nextel Communications Inc. in a  cash and stock deal worth about $35.17 billion to gain more  business customers and more wireless airwaves to transmit  calls.
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Rogers Wireless Communications Inc. agreed to buy Microcell Telecommunications Inc. for C$1.4 billion ($1.08 billion), beating a bid by Telus Corp.
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VIENNA: Telekom Austria, seeking faster growth in eastern Europe than it can find at home, is in exclusive talks to buy Bulgariaâs largest mobile phone operator for about e1.6bn ($2.1bn), it said on Monday.
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(InfoWorld) - Expanding its U.S. turf, T-Mobile USA announced Monday that it will buy SunCom Wireless Holdings for $2.4 billion in cash and assumed debt. T-Mobile, a subsidiary of Deutsche Telekom, will make a cash payment of about $1.6 billion for SunCom, which operates wireless networks in the southeastern U.S. and Caribbean. The acquisition will improve T-Mobile's network coverage in North Carolina, South Carolina, Tennessee, Georgia, Puerto Rico, and the U.S. Virgin Islands, T-Mobile said in a news release. SunCom has provided roaming service to T-Mobile in these areas since 2004. It operates a network that includes GSM (Global System for Mobile Communications), GPRS (General Packet Radio Service) and EDGE (Enhanced Data Rates for GSM Evolution). T-Mobile expects to fully integrate SunCom's network into its own, the company said in a news release. T-Mobile, the fourth largest wireless carrier in the U.S., has had limited coverage in parts of the southeastern U.S. The SunCom acquisition allows T-Mobile to continue its strategy to "grow abroad with mobile," RenÃ© Obermann, chairman of Deutsche Telekom's board, said in a statement. The acquisition is subject to governmental and regulatory approvals as well as approval by SunCom shareholders. The companies expect the deal to close in the first half of 2008. At the end of the second quarter of 2007, SunCom had more than 1.1 million customers, up by more than 105,000 customers from a year earlier. Its revenue for the quarter was $242.5 million, up from $206.7 million a year earlier. The agreement, approved by the boards of both companies, will give holders of SunCom common stock $27 per share in cash. The $27 per share purchase price represents a premium of 22.7 percent over the closing price of SunCom common stock on the New York Stock Exchange Friday.