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backed Zayo, TPG vie for Crown Castle assets worth nearly $10 billion, sources say

EXCLUSIVE-EQT-backed Zayo, TPG vie for Crown Castle assets worth nearly $10 billion, sources say By Milana Vinn NEW YORK, Oct 2 (Reuters) - Fiber network owner Zayo Group and buyout firm TPG are competing to acquire the fiber and wireless assets of Crown Castle CCI.N , in a deal that could be valued at nearly $10 billion, according to people familiar with the matter.
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FrontView REIT raises $251 mln in US IPO

FrontView REIT raises $251 mln in US IPO Oct 1 (Reuters) - FrontView REIT Inc FVR.N , which invests in properties in prominent locations facing high-traffic roads, raised $250.8 million in its U.S. initial public offering (IPO) on Tuesday, valuing the company at about $508 million. The Dallas, Texas-based company - which has a portfolio of 278 properties across the United States with a 98.9% occupancy rate, as of June-end - priced its offering of 13.2 million shares at $19 apiece, the midpoint o
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Verizon wins bid for new trial after $847 mln wireless patent verdict

Verizon wins bid for new trial after $847 mln wireless patent verdict By Blake Brittain Oct 1 - Verizon VZ.N has convinced a federal judge in Texas to throw out an $847 million patent verdict and hold a new trial on allegations that the telecom giant infringes patents covering wireless communications technology. U.S. District Judge Rodney Gilstrap said on Monday that the jury's ruling for patent owner General Access Solutions was "against the great weight of the evidence" and ordered a new trial
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New York Times business news - Oct 1

PRESS DIGEST- New York Times business news - Oct 1 Oct 1(Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Verizon VZ.N said it was restoring service on Monday after thousands of users across the U.S. reported outages in major cities and across a swath of the Midwest earlier in the day.
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Column: Could 23andMe $30 million data breach settlement get derailed by mass arbitration?

Column: Could 23andMe $30 million data breach settlement get derailed by mass arbitration? The opinions expressed here are those of the author, a columnist for Reuters. By Alison Frankel Sept 30 (Reuters) - A law firm representing about 5,000 23andMe customers who demanded arbitration after hackers obtained sensitive data from the genetic testing company told a California federal judge last week that it has serious qualms about a proposed $30 million class action settlement .
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US reaches $31.5 million settlement with T-Mobile over data breaches

UPDATE 2-US reaches $31.5 million settlement with T-Mobile over data breaches Adds T-Mobile reaction in paragraph 6 By David Shepardson WASHINGTON, Sept 30 (Reuters) - T-Mobile TMUS.O has reached a $31.5 million settlement to resolve a probe by the Federal Communications Commission into significant data breaches over three years that impacted tens of millions of U.S.
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Verizon says resolved network disruption; FCC probing co's mobile network outage for thousands of users in US

UPDATE 7-Verizon says resolved network disruption; FCC probing co's mobile network outage for thousands of users in US Rewrites throughout with company restoring service statement Network disruptions are fully restored, Verizon says Chicago and Seattle among hardest-hit cities, iPhone users stuck in 'SOS' mode Outage began at 9:30 am ET, peaked at 105,000 reports by 11:19 am ET, according to Downdetector.com By Harshita Mary Varghese, David Shepardson WASHINGTON, Sept 30 (Reuters) - Verizon has
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Verizon's network down for thousands of users, Downdetector shows

Verizon's network down for thousands of users, Downdetector shows Sept 30 (Reuters) - Verizon Communications' VZ.N network was down for thousands of users on Monday, according to outage tracking website Downdetector.com. There were more than 100,000 incidents of people reporting issues with the telecom operator's services, according to Downdetector, which tracks outages by collating status reports from a number of sources, including user-submitted errors on its platform.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: TPG, TotalEnergies, Chevron, Pfizer Updates: Marsh McLennan, Verizon Communications Sept 30 (Reuters) - The following bids, mergers, acquisitions, and disposals were reported by 1950 GMT on Monday: ** Pfizer PFE.N intends to sell about 540 million shares in British consumer healthcare company Haleon HLN.L , a bookrunner said on Monday, reducing the top shareholder's interest in the Sensodyne maker to 16.2%.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Sept 30 (Reuters) - The following bids, mergers, acquisitions, and disposals were reported by 1030 GMT on Monday: ** Verizon Communications VZ.N is in advanced talks to sell thousands of mobile phone towers to digital infrastructure firm Vertical Bridge, Bloomberg News reported, citing people familiar with the matter.
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Verizon in $3.3 bln mobile tower deal with infrastructure firm Vertical Bridge

UPDATE 5-Verizon in $3.3 bln mobile tower deal with infrastructure firm Vertical Bridge Adds background and details in paragraphs 5-6 By Jaspreet Singh Sept 30 (Reuters) - Verizon Communications will give infrastructure firm Vertical Bridge rights to lease, operate and manage thousands of mobile phone towers for $3.3 billion, it said on Monday, unlocking more cash for the U.S.
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Verizon nears deal to sell towers to Vertical Bridge, Bloomberg News reports

Verizon nears deal to sell towers to Vertical Bridge, Bloomberg News reports Sept 30 (Reuters) - Verizon Communications VZ.N is in advanced talks to sell thousands of mobile phone towers to digital infrastructure firm Vertical Bridge, Bloomberg News reported on Monday, citing people familiar with the matter. The transaction, which can be announced as soon as Monday, could value the 6,339 towers at about $3.3 billion, the report said.
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Verizon Nears Deal To Sell Towers To Vertical Bridge - Bloomberg News

BRIEF-Verizon Nears Deal To Sell Towers To Vertical Bridge - Bloomberg News Sept 30 (Reuters) - VERIZON NEARS DEAL TO SELL TOWERS TO VERTICAL BRIDGE - BLOOMBERG NEWS Source text: https://tinyurl.com/mu2zvmvj Further company coverage: VZ.N
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Sweden's Telia releases three-year targets as new CEO lays out plan

UPDATE 2-Sweden's Telia releases three-year targets as new CEO lays out plan Sees free cash flow of 10 bln crowns in 2027 Plans to grow service revenue by 2% annually Could look at more job cuts beyond 2024 -CEO Adds analyst, CEO comments; paragraphs 5,7, 8, 10 By Supantha Mukherjee and Elviira Luoma Sept 26 (Reuters) - Telia's TELIA.ST new chief executive laid out his three-year plan on Thursday, calling for the Swedish telecoms company to boost service revenue, lower capital spending, and hit
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M&A seen slowing ahead of US elections after uneven third quarter

M&A seen slowing ahead of US elections after uneven third quarter Global M&A volume up 14% to $846.8 billion U.S. M&A volume slides 8% from last year Asia Pacific deal volume surges 54% Mars' $36 billion takeover of Kellanova biggest deal of Q3 Private equity-led buyouts up 42% By Anirban Sen and Andres Gonzalez NEW YORK/LONDON, Sept 26 (Reuters) - Dealmakers are bracing for a slowdown in global mergers and acquisitions in the fourth quarter as companies postpone pursuing big targets ahead of th
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FrontView REIT aims to raise up to $277 mln in US IPO

UPDATE 2-FrontView REIT aims to raise up to $277 mln in US IPO Adds background throughout, financial details in paragraphs 6-7 Sept 24 (Reuters) - FrontView REIT, which invests in properties in prominent locations facing high-traffic roads, aims to raise as much as $277.2 million in its initial public offering in the United States, the real estate investment trust said on Tuesday.
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U.S. Cardinal Health, Factset, Paylocity

U.S. RESEARCH ROUNDUP-Cardinal Health, Factset, Paylocity Sept 23 (Reuters) - .Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Cardinal Health, Factset and Paylocity Holding on Monday. HIGHLIGHTS * Cardinal Health Inc CAH.N : Baird raises target price to $140 from $137 * Factset FDS.N : Jefferies raises target price to $486 from $435 * Marinus Pharmaceuticals Inc MRNS.O : Oppenheimer raises to outperform from perform * Paylocity
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Charter launches cheaper internet plans to boost broadband customer retention

Charter launches cheaper internet plans to boost broadband customer retention Sept 16 (Reuters) - Telecoms firm Charter Communications-owned Spectrum CHTR.O on Monday rolled out cheaper internet plans that would be bundled with its mobile and cable TV services, amid tough competition from Comcast CMCSA.O and AT&T's T.N DirecTV. The move comes at a time when people are dumping cable TV bundles provided by the likes of Charter for streaming services, while wireless majors including AT&T and Verizo
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Spanish stocks - Factors to watch on Sept 13

Spanish stocks - Factors to watch on Sept 13 Sept 13 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: TELEFONICA Ericsson ERICb.ST said on Thursday it had created a new joint venture for selling network software tools with a dozen telecom operators, including Verizon VZ.N , Deutsche Telekom DTEGn.DE , Reliance Jio and Telefonica TEF.MC .
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Verizon to take up to $1.9 billion severance charge in Q3; over 2,000 staffers to exit this month

UPDATE 2-Verizon to take up to $1.9 billion severance charge in Q3; over 2,000 staffers to exit this month Adds background Sept 12 (Reuters) - Verizon VZ.N expects to record a severance charge between $1.7 billion a nd $1.9 billion in the third quarter as a result of a previously announced voluntary separation program, the carrier said in a regulatory filing on Thursday.
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