Saturday, March 19, 2011

AT&T to Acquire T-Mobile USA for US$39 Billion

AT&T has agreed to acquire T-Mobile USA from Deutsche Telekom for US$39 billion.AT&T said the deal will provide it with an optimal combination of network assets to add capacity sooner than any alternative and that it provides a fast, efficient and certain solution to the impending exhaustion of wireless spectrum in some market. Specifically, AT&T is looking to increase its density of cell sites in urban areas. The T-Mobile USA facilities...

Gulf Bridge Build Undersea Fiber Network from Qatar

Gulf Bridge International (GBI), the Middle East's first privately-owned submarine cable operator, along with its partner, Vodafone Qatar, announced the landing of its new cable at Vodafone's international cable landing station just north of Doha.The GBI cable system is a high-capacity, fiber optic cable that will connect all the countries of the Gulf region to each other and provide onward connectivity to Europe, Africa and Asia. Over the coming...