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South Africa

Alcatel-Lucent & WACS submarine cable network

April 9, 2009 Alcatel-Lucent News ( NYSE: ALU )

The WACS consortium and Alcatel-Lucent (Euronext Paris and NYSE: ALU) have signed today a turnkey contract valued at several hundred million US dollars to deploy a new submarine cable network that will provide the first direct connection between Southern Africa and Europe. Named the West Africa Cable System (WACS), this 14,000 km-long submarine network system [...]

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Mitel Announces US$723 Million Agreement to Acquire Inter-Tel

April 26, 2007 Inter-tel News

update: merger completed  Mitel Networks Corporation and Inter-Tel (Delaware) Incorporated (Nasdaq: INTL), today announced they have signed a definitive merger agreement whereby Mitel will acquire Inter-Tel, a full-service provider of business communications solutions for US$25.60 per Inter-Tel share in cash, representing a total purchase price of approximately US$723 million. Once completed, the merger creates a [...]

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