Airtel has set an enterprise value of Zain Africa at $10.7 billion, with $10 billion to be paid on closing, and $700 million to be paid one year after the ... Continue_Reading

Spice Mobile, led by industrialist BK Modi has consolidated its group’s telecom businesses into a single entity to be called Spice Mobility, effective January 1, 2010. The company’s board ... Continue_Reading

Online travel agency MakeMyTrip is in the final stages of negotiations to acquire online bus ticketing company Travis Internet Pvt. Ltd, which operates Ticketvala.com, MediaNama has learned from reliable sources within ... Continue_Reading

BSE listed Educomp Solutions Ltd, an education service provider, is planning to acquire online education startup StudyPlaces for a maximum consideration of $1.5 million dollars, as a preferential share allotment. ... Continue_Reading

An update on Infomedia18s acquisition of local listings and reviews business Burrp earlier this year, on March 25th 2009: according to a filing with the Securities & Exchange Board of ... Continue_Reading

Media company NDTV (NDTV) has has entered to an agreement to sell most of its indirect stake in NDTV Imagine Ltd  for $117 million to Turner Asia Pacific Ventures (TAPV), a part of ... Continue_Reading

Bangalore based IT Solutions company Mindtree Ltd is entering the mobile handsets business with white labelled ready-to-brand mobile handsets. The new business, called N!Mo (Next in Mobility) will offer handsets ... Continue_Reading

BK Modi’s Spice Group has acquired around 18.81 percent in Singapore based Internet Telephony and Data company MediaRing. In addition, Spice can also acquire 1.34% shares if MediaRing employees choose to ... Continue_Reading

BSE listed applications company Geodesic Ltd is looking to add to its product portfolio with the acquisition in the communication and social networking space; a company with “offices globally”. The ... Continue_Reading

In an all stock deal, MotorExchange, a company promoted by Vinay Sanghi, the former CEO of Mahindra First Choice, and former eBay India Head Rajan Mehra has acquired the business ... Continue_Reading

Update: Do read our interview with ActiveMedia MD Raj Singh on the companys plans for India. AIM listed 2ergo Technologies has acquired ActiveMedia Technology, a UK based VAS company with mobile ... Continue_Reading

What was the point of Allianz Infratech being given a telecom license for two circles (Bihar and Madhya Pradesh) in July last year? The Economic Times reports the company is ... Continue_Reading