In a statement the Federal Communications Commission (FCC) said, AT&T Inc was leading in the bid for the 5G spectrum auction of 3.45 GHz band spectrum, winning $9 billion in bids. The spectrum sales proceeds generated $22.5 billion, said the… Read More ›
With the auction bids not being superior to the plan of reviving the plan, creditors and stakeholders are of the view that reviving the Toys ‘R’ Us and Babies ‘R’ Us brand is the best way forward. In a significant… Read More ›
Analysts expect property prices across Australia’s east coast to boom despite a rise in interest rates. On Monday, Investa Office Fund (IOF), a Sydney focussed company stated, they would unanimously recomend an unsolicited and non-binding offer from U.S. private equity… Read More ›
With Reckitt Benckiser out of the race, it is advantage GlaxoSmithKline Plc. Reckitt Benckiser Group, a British consumer goods group, has withdrawn from discussions with Pfizer Inc over buying its consumer healthcare business. According to sources familiar with the matter… Read More ›
Apple’s allays national security concerns of Japan and the U.S. despite its teaming up with Foxconn. In the latest development in the saga of Toshiba’s chip unit sale, Japanese new agency NHK has reported that Apple Inc is considering teaming… Read More ›
Toshiba’s strategy is pretty simple: retain control over the business despite selling portions of its majority stake to multiple bidders and raise $8.8 billion in the process. In the wake of Toshiba seeking to write-off $6.3 billion on its nuclear… Read More ›
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