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IBM and Airspan Networks Plan to Work to Accelerate 5G-enabled Open RAN Adoption in Europe – Consumer Electronics Net
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Airspan Networks Inc : IBM and Airspan Networks Plan to Work to Accelerate 5G-enabled Open RAN Adoption in Europe
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KPN saw a modest increase in its share price early on Thursday after rumors surfaced that Swedish private equity firm EQT is teaming up with Stonepeak Infrastructure Partners on a possible takeover bid.
Bloomberg reported last year that EQT was in the early stages of discussing the feasibility of a deal with potential advisers.
The Wall Street Journal is now suggesting that New York-based Stonepeak and EQT are working on a joint bid that would value the Dutch telco at more than $15 billion.
According to the report, which cited unidentified sources, the funds are preparing to conduct due diligence with the goal of submitting a formal bid this spring. The WSJ added that it is possible they could take on another partner, and that competing bids may also come into play.