After the Nokia bought Navteq, Garmin and TomTom want Tele Atlas. Garmin is making a $3.32 billion bid for digital map maker Tele Atlas NV to outbid the $2.89 billion offer from rival TomTom. MarketWatch reported, “The battle for Tele...
Alltel announced that the Federal Communications Commission has approved the company’s merger with TPG Capital and GS Capital Partners (GSCP). Alltel expects the merger to close before Thanksgiving Day, Nov. 22. At close, Alltel shareholders will receive $71.50 per share...
Motricity, a leading provider of mobile content services and solutions, today announced the signing of a definitive agreement to acquire the mobile services business unit of InfoSpace, Inc., a leading developer of mobile technologies and infrastructure services, for approximately $135...
AT&T Inc. announced that Stan Sigman, president and chief executive officer, AT&T Mobility, will retire after 42 years with the company. Ralph de la Vega, group president-Regional Telecom & Entertainment, was named president and CEO, AT&T Mobility, replacing Sigman, effective...
Sanyo is in the process of selling its mobile phone business unit to Kyocera. Kyocera has been granted priority negotiation rights. No price has been set yet, however, the Nikkei reported Kyocera offered ¥70 billion ($597 million)....