STOCKHOLM (Reuters) - Swedish telecom equipment maker Ericsson has created a new joint venture for selling network software tools with over a dozen telecom operators across regions, it said in a statement on Thursday. It said the firms it joined forces with, in order to accelerate the adoption of application programming interface (API) software, included Deutsche Telekom and Vodafone (...

Financial giants have made a conspicuous bearish move on T-Mobile US ( TMUS ). Our analysis of options history for T-Mobile US ( TMUS ) revealed 8 unusual trades. Delving into the details, we found 37% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $206,440,...

Sept 12 (Reuters) - U.S. telecom services provider Mobileum said on Thursday it had emerged from the Chapter 11 bankruptcy process, and secured $60 million of new financing to fund its bankruptcy process, with $100 million of financing for prepetition debt. The company said it has eliminated approximately $530 million in prepetition debt. It previously sought to cut $529 million...

Sept 12 (Reuters) - Blackstone is considering options including a sale of its majority stake in visa application outsourcing and technology services firm VFS Global after receiving interest from prospective investors, Bloomberg News reported on Thursday. A potential transaction could value VFS at about $7 billion, Bloomberg reported, citing people familiar with the matter. ...