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Analysts say the deal makes strategic sense as it will solidify the social network's position as a leader in mobile.
NEW YORK: Facebook Inc's purchase of fast-growing messaging startup WhatsApp for an eye-popping US$19bil largely won approval from analysts, who said the deal made strategic sense as it will solidify the social network's position as a leader in mobile.
MACQUARIE Equities Research reiterates its “outperform” recommendation for Telekom Malaysia Bhd (TM) following the inking of a wholesale bandwidth collaborative deal with DiGi and Celcom to provide backhaul coverage via its TM Next-Gen Backhaul service.
NEW YORK: American International Group Inc