While everyone else was waiting for news that Sprint (NYSE: S) was about to merge with T-Mobile USA, AT&T (NYSE: T) had a different deal in mind. In a startling Sunday afternoon announcement, AT&T said it is acquiring the fourth-largest carrier in a deal valued at $39 billion:  Deutsche Telekom…

Following two fairly big acquisitions designed to expand its regional presence, Indian ad network Komli is preparing to do some deals. The Mumbai-based company, formerly the parent of supply side platform PubMatic, has raised a $15 million round led by Norwest Venture Partners (NVP). Previous backers, Nexus Venture Partners and…

Hyderabad-based digital marketer Ybrant Digital took a break from its international shopping spree last year, but it says its looking to buy again. The company has raised $48 million in debt and equity to help further its international presence. In addition to acquisitions, Ybrant wants to use the proceeds to…

Indian online advertising network Komli is buying Indoor Media, a UK-based firm helping clients market to ethnic minorities, in its latest international expansion (announcement).

Jay Penske’s Mail.com Media Corp., which has been busily buying up media sites, is selling its Mail.com e-mail business to German internet firm United Internet Group. The sale means Mail.com Media Corp.—which will soon be getting a new name—will now primarily be made up of the media sites it has…

Mumbai, India-based Mauj Mobile, a mobile content provider that’s part of the People Group, has acquired UK-based Mobango for its international catalog of 35,000 free mobile applications. The acquisition will not only help it expand beyond India, but also into applications from traditional mobile content, like ringtones and wallpapers.

Search engine and portal operator Lycos has been sold to Indian digital marketing firm Ybrant Digital by South Korea’s Daum Communications for $36 million. That’s significantly less than the $95 million Daum paid for Lycos in 2004. The agreement calls for Ybrant to purchase all of Daum’s stock in Lycos…

Mountain View, Calif.-based MobileIron has raised $16 million in a third round of funding to help develop a platform that manages everything from iPads to smartphones in the enterprise. The round was led by Foundation Capital, reports peHUB. Also participating was its existing investors Storm Ventures, Sequoia Capital, Norwest Venture…

UK mobile content and services company Win Plc announced today that it is recommending to shareholders a cash offer from the Sequoia-backed Indian mobile services firm IMI Mobile. The 141 pence ($2.11) per share offer values WIN at around £15.93 million ($ 23.8 million). This represents a 43 percent premium…

Reliance Big Entertainment, which owns Indian gaming firm Zapak, is buying a 50 percent stake in British video game maker Codemasters. Balderton Capital, which had accumulated a large stake in Codemasters between 2005 and 2007, is the other major shareholder; Balderton bought the Codemasters shares it didn’t already own in…

SinglePoint is acquiring India-based M2Junction, which has developed a text-messaging mobile advertising platform. The purchase comes just a week after the Bellevue, Wash. company sold off off a piece of its business to Ericsson and announced a new CEO. Terms of the deal were not disclosed. SinglePoint said the acquisition…

Ustream, the popular online live broadcasting service, just announced it has raised $75 million in a second round of funding led by Softbank. Updated: The actual funding is only $20 million, for now, with an option for Softbank to purchase more of Ustream by July 2011, by putting in another…

SMS GupShup has raised $12 million to help build out its texting-based mobile-phone communities in India. The company, which has operations in both Santa Clara, Calif. and Mumbai, India, claims to serve 26 million users in roughly two million topics, ranging from religious groups to sports teams. The fourth round…

The long and colorful saga of an independent Friendster is over, for now. As expected, it has been acquired, by the Malaysian company MOL Global Pte, which is an affiliate of MOL AccessPortal Berhad, a company that operates and develops payment systems in Asia. The principal shareholder of MOL is…

Direct-to-home service provider Dish TV Ltd today said it is raising $100 million through an issue of global depository receipts, or GDRs, to US-based private equity firm Apollo Management. The company will issue 117,035 GDRs of $854.5 each. Each GDR represents 1,000 underlying equity shares. Post the issue, Apollo will…

Indian broadcaster NDTV Ltd and US-based Scripps Network Interactive today said they were forming a strategic alliance in the lifestyle broadcasting space in India. As part of the deal, Scripps will acquire 69 percent stake in NDTV Lifestyle Ltd, with the NDTV Group retaining the rest. Scripps will pay $55…

Multiplex chain PVR Ltd is buying realty major DLF Ltd’s cinema chain DT Cinemas, which currently runs 26 screens in Delhi, Gurgaon and Chandigarh. PVR will also get exclusive rights to be the key multiplex partner in all future developments by DLF.

Google (NSDQ: GOOG) has agreed to acquire AdMob, a mobile ad network, for $750 million in stock. Release. At that jaw-dropping price, it marks Google’s third-largest acquisition after DoubleClick and YouTube and is a very solid exit for AdMob and its investors, which have pumped in $47 million into the…

Rediff.com (NSDQ: REDF) India Ltd has invested in Bangalore-headquartered location sensing technology startup Imere Technologies Pvt. Ltd, the Nasdaq-listed firm said on Friday, without disclosing the quantum of investment. Imere is a software platform that enables mobile and Internet applications to sense the location of their users and optimize services…