US telecom giant AT&T has called off its planned acquisition of T-Mobile USA from Deutsche Telekom. As a result, AT&T will pay Deutsche Telekom a previously agreed ‘break up’ fee that’s expected to cost it around $4 billion.
The acquisition deal was originally valued at $39 billion.
CellEra, an Israeli company that is developing platinum-free fuel cell technology, has announced a $9.2 million investment round led by Vodafone Ventures and Carmel Ventures.
Vodafone Ventures is the global venture capital arm of Vodafone Group.