Category Archives: Telecom Acquisitions, Financing
Vonage: If Not BellSouth, Then Who, What?
There's a growing amount of buzz amid Rich Tehrani's post that BellSouth may acquire Vonage for US$3.5-billion. Om Malik and Andy Abramson both believe the idea – particularly the price tag – makes no sense at all, and it's difficult … Continue reading
More Telco Investment: Wireless Apps
Prism Venture Partners, which recently raised $250-million for a new fund, is investing $4-million with TD Capital Ventures in Everypoint, which wireless “info-tainment” applications for carriers. The Boston-based company will launch a soccer application next month in Germany and the … Continue reading
Meriton Networks Raises US$54M
Ottawa-based Meriton Networks, which scored a huge coup last month when it won part of BT's US $19-billion next-generation network contract, has raised US$54 million in private equity. This the biggest VC deal done by a Canadian company this year. … Continue reading
RIM CEOs Buying an NHL team?
There is a crazy rumor, which I'm happy to propogate, that RIM co-CEOs Jim Balsillie and Mike Lazaridis are interested in buying a National Hockey League team. On one hand, it makes absolutely no sense because niether one of them … Continue reading
Router Market Expected to Boom
According to In-Stat, sales of edge and core routers are expected to double to $8.4-billion in 2009 from $3.8-billion last year. The market is being driven by new business VPN and consumer triple-play services, and the evolution to converged networks. … Continue reading
