Sinch to buy India’s ACL Mobile for $70 million – TechCrunch

Apps, Asia, deutsche telekom, Flipkart, Funding, Fundings & Exits, MakeMyTrip, OLX, sinch, T-Mobile, Wavy, WhatsApp

[ad_1] Sinch said on Monday it has agreed to buy Indian firm ACL Mobile for £56 million (roughly $70 million) in what is the third acquisition deal the Swedish mobile voice and messaging firm has entered into at the height of a global pandemic. The Swedish firm said acquiring ACL Mobile will enable it to…

SoftBank reportedly plans to sell about $20 billion of its T-Mobile shares – TechCrunch

deutsche telekom, SoftBank Group, Sprint, T-Mobile, TC, telecom

[ad_1] SoftBank Group Corp. is currently seeking buyers for about $20 billion of its shares in T-Mobile US, according to reports in the Wall Street Journal and Bloomberg. If the proposed sale goes through, its proceeds could help offset SoftBank’s heavy investment losses over the past year. According to its first-quarter earnings report yesterday, SoftBank’s…