Betaville

RARE ALERT: Telit Communications said to ... part 10

Voila! Controversial Telit Communications has finally confirmed it has struck a deal to sell its automotive division for $105 million - $125 million. Below is the link:

https://www.investegate.co.uk/telit-communications--tcm-/rns/sale-of-automotive-division-for--105-million/201807130700035213U/

Readers of this website won't be too surprised to learn of the deal given Betaville Intelligence's recent reporting, including Tuesday's scoopette about the imminent disposal of the automotive division. Below is the link:

https://www.www.betaville.co.uk/betaville-intelligence/rare-alert-telit-communications-said-to-part-9/..