tech:

taffy

Mobilitie Raises $1B Through Sale Of Towers, Sites

[Techtaffy Newsdesk]

Mobilitie has raised $1.1 billion in capital through a sale of over 2,300 United States and LATAM tower and DAS sites to SBA Communications. The transaction, subject to customary closing conditions, is expected to close in April 2012.

Mobilitie will utilize proceeds from the sale to buy down existing debt and fuel continued growth plans of building and operating wireless infrastructure, says the company.

Christos Karmis (President, Mobilitie): As the wireless industry continues to evolve with exponentially higher data demands, DAS and Wi-Fi networks will become a more critical solution for carriers to offload their macro networks.

Just in

Apple sued in a landmark iPhone monopoly lawsuit — CNN

The US Justice Department and more than a dozen states filed a blockbuster antitrust lawsuit against Apple on Thursday, accusing the giant company of illegally monopolizing the smartphone market, writes Brian Fung, Hannah Rabinowitz and Evan Perez.

Google is bringing satellite messaging to Android 15 — The Verge

Google’s second developer preview for Android 15 has arrived, bringing long-awaited support for satellite connectivity alongside several improvements to contactless payments, multi-language recognition, volume consistency, and interaction with PDFs via apps, writes Jess Weatherbed. 

Reddit CEO Steve Huffman is paid more than the heads of Meta, Pinterest, and Snap — combined — QZ

Reddit co-founder and CEO Steve Huffman has been blasted by Redditors and in media reports over his recently-revealed, super-sized pay package of $193 million in 2023, writes Laura Bratton. 

British AI pioneer Mustafa Suleyman joins Microsoft — BBC

Microsoft has announced British Artificial Intelligence pioneer Mustafa Suleyman will lead its newly-formed division, Microsoft AI, according to the BBC report. 

UnitedHealth Group has paid more than $2 billion to providers following cyberattack — CNBC

UnitedHealth Group said Monday that it’s paid out more than $2 billion to help health-care providers who have been affected by the cyberattack on subsidiary Change Healthcare, writes Ashley Capoot.