All Deals (M&A) articles – Page 19
-
M&AOi firms up mobile deal, Vivo reinforces its market lead
Oi finalises mobile asset sale to three-strong consortium of Claro, TIM Brasil, and Vivo. Oi CFO: regulatory approval expected within the year. Trifecta of assets now divested by in-administration Oi as it seeks route to recovery via fibre.
-
PremiumTelefónica agrees to monetise Cornerstone
Telefónica UK and Vodafone UK give each other freedom to “commercialise” their 50% stakes in Cornerstone JV. Uncertain how Group’s top brass will proceed, but partial or full sale seems likely.
-
M&AWholesale power under scrutiny as CMA reviews VM-O2
Proposed JV’s ability to tilt backhaul market in its favour and limit opportunities for MVNOs will be central to competition review. The impact of the deal on the development of providers offering fixed-mobile bundles will receive particular scrutiny. CMA wields new powers post-Brexit, but this is accompanied by greater ...
-
M&ACaching out: Vodafone’s long-range storage play exited
Group’s corporate venturing portfolio continues to dwindle as Caringo, an investment made back in late-2000s, gets absorbed by storage peer.
-
Strategy & ChangeElsewhere in Vodafone Group: R&D goes quantum
Group R&D enters quantum realm; Discovery tied on streaming; Vodafone Fiji eyeing regional expansion.
-
M&AVodafone abandons Egypt exit talks
Long-awaited deal falls through, with STC apparently failing to reach an agreement with minority-owner Telecom Egypt. Vodafone Group CEO Nick Read remains philosophical after trekking to Egypt for talks with the President.
-
PremiumVodafone seeks end to Elliott battle over KDG
Group attempts to put more than seven years of hurt behind it at a cost of up to €2.12bn.
-
M&ACredit Suisse to lead Hrvatski Telekom’s Optima exit
Investment bank brought in to lead stake sale for Hrvatski Telekom and ZABA, with deadline of mid-2021 looming. Contractual obligations satisfied, but divestment not yet complete.
-
PremiumT-Systems blockchain goes mainstream with Flow tie-up
T-Sys MMS seeks to tap plans to create “blockchain for the masses”. Unit expands blockchain portfolio to support consumer apps on Flow. Deal builds on array of blockchain initiatives emerging across DT.
-
M&ATelefónica sells infra biz to American Tower
Telxius finds a home at US infrastructure giant. Transaction expected to wipe €4.6bn off Telefónica net debt.
-
Network & InfrastructureVodafone bulks up Vantage Towers with Cornerstone
Vodafone UK and Telefónica UK give each other freedom to “commercialise” their 50% stakes in Cornerstone JV. Transfer of Vodafone’s shareholding to Vantage Towers to take place within weeks. Important (and long-awaited) addition to Vodafone’s European TowerCo ahead of upcoming IPO.
-
M&AViasat buys out T-Mobile partner RigNet
Maritime connectivity provider RigNet acquired by satellite specialist Viasat in $222m deal. T-Mobile US partnered with RigNet in July 2019, but COVID-related issues have pegged back progress.
-
M&AT-Mobile ties up another Sprint loose end with Swiftel buy
US NatCo buys Sprint-branded wireless assets operated by Swiftel Communications, leaving Shentel as the last remaining Sprint affiliate.
-
M&AVodafone Albania quietly plans second cableco buy
OpCo looking to add another string to its convergence bow through a takeover of cable TV player ApNet. Takeover another signal of continued Vodafone commitment to Albania despite recent exit rumours and suggestions by Group leadership that more asset sales could be in pipeline.
-
M&AVivo shares Oi’s spectrum spoils
In administration operator Oi takes another step towards recovery with divestment of asset trifecta. Mobile assets won by three-strong consortium of Claro, TIM Brasil, and Vivo. Vivo adds to spectrum capacity as well as new customers, while TIM still takes the lion’s share.
-
Strategy & ChangeT-Systems exits Malaysia
T-Systems sold its business in Malaysia to investors last month after major customer Shell moved IT operations to India, TelcoTitans has learned.
-
M&ADT pulls Romanian fixed-line plug but marooned in mobile
Group’s fixed-line assets in Romania currently worth just under €0.5m. Romanian footing remains, with TRMC still falling under DT’s convoluted structure — for now.
-
M&AVi cashes in from Indus Towers–Infratel merger
Vodafone’s loss-making JV in India gets a much-needed cash boost from sale of Indus stake. Vi reportedly in talks with private equity investors to raise more funds.
-
Strategy & ChangeElsewhere in Vodafone Group: SpaceMobile-NASA collaboration
NASA working with US satellite venture; Innovus bolsters security; Vodafone’s Harmonic partnership shows its size.
-
M&ABT Global wraps up French exit
French infrastructure business bought by IT group said to generate in region of £100m in annual revenue. BT keen to highlight it will maintain a presence in France, with 60 major customers active on the country.