Exact(8)
It is paying €2.3 billion for 42.3% of a special-purpose company called Telco that will own 23.6% of Telecom Italia.
There are even mobile phone vouchers available courtesy of Jeenee Mobile, a not-for-profit telco that provides smartphone-based products to those living with disabilities.
What good is a global telco that can't even carry calls across state lines?
A telco that offers services in different languages has an edge.
It's the abstraction of the telco that is at the heart of what Nexmo offers.
Vodafone has made an unsolicited $12.8 billion offer for Cegetel, a French landline telco that owns 80% of the French wireless operator SFR.
Vodafone now owns 20% of SFR directly and 12% through its minority interest in Cegetel, the French telco that controls 80% of SFR.
Yesterday, Microsoft announced that it sank $30 million in Rhythms NetConnections, an Englewood, Colo.-based telco that provides DSL lines to corporate customers.
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