Tata Communications

KLR Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Kaleyra, Inc. to Tata Communications

Retrieved on: 
Wednesday, July 12, 2023

MONSEY, New York, July 12, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the $7.25 per share in cash at which Kaleyra, Inc. (NYSE: KLR) (“Kaleyra”) has agreed to be sold to Tata Communications (“Tata”).

Key Points: 
  • MONSEY, New York, July 12, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the $7.25 per share in cash at which Kaleyra, Inc. (NYSE: KLR) (“Kaleyra”) has agreed to be sold to Tata Communications (“Tata”).
  • If you remain a Kaleyra shareholder and question the fairness of the price, you may contact our firm at the following link to discuss your legal rights at no charge:
    Alternatively, you may contact us by phone at 866-833-6245, or via email at [email protected] .
  • On June 28, 2023, Kaleyra announced that it had agreed to be sold to Tata for $7.25 per share in cash.
  • “We are investigating whether the Kaleyra Board of Directors acted in the best interests of Kaleyra shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter.

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Kaleyra, Inc. (NYSE – KLR)

Retrieved on: 
Thursday, July 6, 2023

Under the terms of the Agreement, Kaleyra shareholders will only receive $7.25 per share in cash.

Key Points: 
  • Under the terms of the Agreement, Kaleyra shareholders will only receive $7.25 per share in cash.
  • The investigation concerns whether the Kaleyra Board breached its fiduciary duties to shareholders by failing to conduct a fair process resulting in Tata paying less than full value for the Company.
  • You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, by visiting https://www.brodskysmith.com/cases/kaleyra-inc-nyse-klr/ , by email at [email protected] or calling tolling free 855-576-4847.
  • Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits.

IMPORTANT ALERT: Halper Sadeh LLC Investigates KLR, WMC, SGTX

Retrieved on: 
Monday, July 3, 2023

If you are a Kaleyra shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Kaleyra shareholder, click here to learn more about your rights and options .
  • If you are a Western Asset shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

KALEYRA INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Kaleyra, Inc. - KLR

Retrieved on: 
Friday, June 30, 2023

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Kaleyra, Inc. (NYSE: KLR) to Tata Communications.

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Kaleyra, Inc. (NYSE: KLR) to Tata Communications.
  • Under the terms of the proposed transaction, shareholders of Kaleyra will receive $7.25 in cash for each share of Kaleyra that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

ALERT: The M&A Class Action Firm Continues Investigating the Merger – KLR, CFMS, NETI, WMC

Retrieved on: 
Thursday, June 29, 2023

Under the terms of the agreement, KLR shareholders will receive $7.25 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, KLR shareholders will receive $7.25 in cash per share they own.
  • Under the terms of the agreement, CFMS shareholders are expected to receive $2.27 in cash per share they own.
  • Under the terms of the agreement, NETI shareholders are expected to receive 3.409 shares of Cadeler per share they own.
  • Western Asset Mortgage Capital Corp. (NYSE: WMC ), relating to its proposed merger with Terra Property Trust, Inc. Click here for more information: https://monteverdelaw.com/case/western-asset-mortgage-capital-corp .

KLR Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Kaleyra, Inc. Is Fair to Shareholders

Retrieved on: 
Wednesday, June 28, 2023

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Kaleyra, Inc. (NYSE: KLR) to Tata Communications for $7.25 per share is fair to Kaleyra shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Kaleyra, Inc. (NYSE: KLR) to Tata Communications for $7.25 per share is fair to Kaleyra shareholders.
  • On behalf of Kaleyra shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
  • Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Tata Communications to Acquire Kaleyra, a Leading Global CPaaS Platform Player, in All Cash Transaction

Retrieved on: 
Wednesday, June 28, 2023

NEW YORK and MUMBAI, India, June 28, 2023 /PRNewswire/ -- Tata Communications, a global digital ecosystem enabler, today announces it has entered into a definitive agreement through Tata Communications Limited to acquire Kaleyra, Inc. (NYSE: KLR) to empower global enterprises to offer personalised experiences to their customers.  Kaleyra is a global omnichannel integrated communication services provider with a set of proprietary platforms, offering targeted personalisation through messaging, video, push notifications, e-mail and voice-based services, and chatbots.

Key Points: 
  • With this transaction, Tata Communications will gain an industry-proven platform with strong capabilities and scale.
  • This transaction has been unanimously approved by the Boards of Directors of both Tata Communications and Kaleyra.
  • Upon closing of the transaction, expected in six to nine months, Kaleyra Inc. will become a subsidiary of Tata Communications Limited.
  • Lazard Frères & Co. LLC is serving as Tata Communications' financial advisor and Goodwin Procter LLP is serving as Tata Communications' legal counsel.

Tata Communications to Acquire Kaleyra, a Leading Global CPaaS Platform Player, in All Cash Transaction

Retrieved on: 
Wednesday, June 28, 2023

NEW YORK and MUMBAI, India, June 28, 2023 /PRNewswire/ -- Tata Communications, a global digital ecosystem enabler, today announces it has entered into a definitive agreement through Tata Communications Limited to acquire Kaleyra, Inc. (NYSE: KLR) to empower global enterprises to offer personalised experiences to their customers.  Kaleyra is a global omnichannel integrated communication services provider with a set of proprietary platforms, offering targeted personalisation through messaging, video, push notifications, e-mail and voice-based services, and chatbots.

Key Points: 
  • With this transaction, Tata Communications will gain an industry-proven platform with strong capabilities and scale.
  • This transaction has been unanimously approved by the Boards of Directors of both Tata Communications and Kaleyra.
  • Upon closing of the transaction, expected in six to nine months, Kaleyra Inc. will become a subsidiary of Tata Communications Limited.
  • Lazard Frères & Co. LLC is serving as Tata Communications' financial advisor and Goodwin Procter LLP is serving as Tata Communications' legal counsel.

Tata Communications to Acquire Kaleyra, a Leading Global CPaaS Platform Player, in All Cash Transaction

Retrieved on: 
Wednesday, June 28, 2023

NEW YORK and MUMBAI, India, June 28, 2023 /PRNewswire/ -- Tata Communications, a global digital ecosystem enabler, today announces it has entered into a definitive agreement through Tata Communications Limited to acquire Kaleyra, Inc. (NYSE: KLR) to empower global enterprises to offer personalised experiences to their customers.  Kaleyra is a global omnichannel integrated communication services provider with a set of proprietary platforms, offering targeted personalisation through messaging, video, push notifications, e-mail and voice-based services, and chatbots.

Key Points: 
  • With this transaction, Tata Communications will gain an industry-proven platform with strong capabilities and scale.
  • This transaction has been unanimously approved by the Boards of Directors of both Tata Communications and Kaleyra.
  • Upon closing of the transaction, expected in six to nine months, Kaleyra Inc. will become a subsidiary of Tata Communications Limited.
  • Lazard Frères & Co. LLC is serving as Tata Communications' financial advisor and Goodwin Procter LLP is serving as Tata Communications' legal counsel.

Insights on the Telco Opex Analyzer 2016-2022 Report: Network Operations Opex Increased from 16.4% of Total Opex in 2016 to 17.5% in 2022 - ResearchAndMarkets.com

Retrieved on: 
Friday, June 23, 2023

Opex as a cost category is several times the size of capex and hence, provides ample opportunities for telco CxOs to reduce overall costs.

Key Points: 
  • Opex as a cost category is several times the size of capex and hence, provides ample opportunities for telco CxOs to reduce overall costs.
  • On average, network operations opex alone accounted for close to a fifth (17%) of total opex for telcos in the 2016-22 timeframe.
  • This ratio has been rising over the years: network operations opex increased from 16.4% of total opex in 2016 to 17.5% in 2022.
  • This 22.5% is consistent with the global telco market, where D&A accounted for 21.5% of total opex in the same timeframe.