{"id":798056,"date":"2021-02-17T15:44:48","date_gmt":"2021-02-17T15:44:48","guid":{"rendered":"https:\/\/telecomlive.in\/web\/2021\/02\/17\/swedens-sinch-to-buy-communications-firm-inteliquent-for-1-14-billion\/"},"modified":"2021-02-17T15:44:48","modified_gmt":"2021-02-17T15:44:48","slug":"swedens-sinch-to-buy-communications-firm-inteliquent-for-1-14-billion","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2021\/02\/17\/swedens-sinch-to-buy-communications-firm-inteliquent-for-1-14-billion\/","title":{"rendered":"Sweden&#8217;s Sinch to buy communications firm Inteliquent for $1.14 billion"},"content":{"rendered":"<p>Swedish cloud computing services provider Sinch AB said on Wednesday it had agreed to buy U.S. communications company Inteliquent for $1.14 billion in cash.<\/p>\n<p>Sinch, whose share price has nearly tripled over the past 12 months on the back of the work-from-home trend prompted by the pandemic, said it expected the transaction to close in the second half of the year.<\/p>\n<p>The rival of U.S.-based to Twilio Inc said the acquisition would establish Sinch as the leader in voice connectivity for both enterprises and telecom carriers in the United States.<\/p>\n<p>&#8220;Our joint strengths in voice and messaging provide a unique position to grow our business and power a superior customer experience for our customers,&#8221; Chief Executive Oscar Werner said in a statement.<\/p>\n<p>Sinch, which made several acquisitions in 2020, counts Softbank-owned SB Management among its investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Swedish cloud computing services provider Sinch AB said on Wednesday it had agreed to buy U.S. communications company Inteliquent for $1.14 billion in cash. Sinch, whose share price has nearly tripled over the past 12 months on the back of the work-from-home trend prompted by the pandemic, said it expected the transaction to close in the second half of the year. The rival of U.S.-based to Twilio Inc said the acquisition would establish Sinch as the leader in voice connectivity for both enterprises and telecom carriers in the United States. &#8220;Our joint strengths in voice and messaging provide a unique [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-798056","post","type-post","status-publish","format-standard","hentry","category-telecom"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/798056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=798056"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/798056\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=798056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=798056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=798056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}