Communications Services M&A » By The Online Investor Staff, updated Mon., Mar. 8, 1:52 PM
Recent mergers and acquisitions in the Communications Services M&A category.
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Slide #31. NTT Communications — Virtela
Acquirer:
NTT Communications (NTT)
Acquiree:
Virtela
Details:
NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within NTT (NYSE: NTT), and Virtela Technology Services Incorporated (Virtela), a leading global managed and cloud-based network services company, announced today that NTT Com's acquisition of Virtela has been completed.
Nippon Telegraph and Telephone and its subsidiaries conduct the following main business activities: regional communications (domestic intra-prefectural communication services and incidental services), principally operated by Nippon Telegraph and Telephone East Corporation and Nippon Telegraph and Telephone West Corporation; long-distance and international communications (domestic inter-prefectural communication services, international communication services and incidental services), principally operated by NTT Communications Corporation; mobile communications, principally operated by NTT DOCOMO, Inc.; and data communications, principally operated by NTT DATA CORPORATION.
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Avg. Broker Rec.
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Strong Buy (4.00 out of 4) 30th percentile
(ranked lower than approx. 70% of all stocks covered)
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