Browsing: Telecom News

Syntel, Inc. (NASDAQ: SYNT) said its board of directors has declared a special cash dividend of two dollars and twenty-five cents ($2.25) per share, on Syntel’s common stock, payable on December 28, 2012 to shareholders of record at the close of business on December 18, 2012.

Digerati Technologies, Inc. (OTCBB: DTGID) (OTC: DTGID) completed its acquisition of Waste Deep, Inc., and its two well established oil field services operating subsidiaries on November 26, 2012.

Crown Castle International Corp. (NYSE: CCI) said it has completed its transaction to acquire exclusive rights to approximately 7,100 T-Mobile USA towers. Crown Castle expects to update its full year 2013 Outlook on its first quarter 2013 earnings call.

Kranem Corp. (OTC: KRAN) said it has engaged Squar, Milner, Peterson, Miranda & Williamson, LLP (Squar Milner) as its independent public accounting firm, effective November 16, 2012, replacing De Joya Griffith & Company LLC (De Joya Griffith).

Unisys Corp. (NYSE: UIS) reported a third-quarter 2012 net loss of $12.4 million, or a loss of 28 cents per diluted share, which included $23.1 million of debt reduction charges and $28.9 million of pension expense.

Communications company BT announced on Friday the formation of BT Advise, bringing together the BT Global Services experts who provide consulting, systems integration and managed services around the world under one team and one name.