All Deals (M&A) articles – Page 21
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M&A
Vodafone Egypt sale inches forward
STC reportedly completes its due diligence. Potential deal still muddied by questions over 45% stake held by Telecom Egypt.
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M&A
Fries on VM-O2 merger: don’t mention the tax breaks
Liberty Global anticipates substantial opportunities for savings by injecting Virgin Media tax losses into O2, but Fries wary that such behaviour may not chime with goal of creating new UK “national champion”.
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M&A
VodafoneZiggo-Telenet merger has ‘logic’, says Liberty
Vodafone’s co-parent in Netherlands JV notes potential synergy benefits of a Belgian-Dutch cableco combination, but indicates deal would be more complex than it first appears.
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M&A
Telefónica Deutschland confirms tower switch
German operating business to transfer 10,100 sites to Telxius for €1.5bn. Transaction to reduce Telefónica’s net debt by €500m between 2020 and 2021, but won’t slow down its accelerated capex drive. Telxius portfolio has doubled since 2016.
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M&A
MásMóvil equity deal may spark Spanish consolidation
The private equity acquisition of Spain’s number four operator may see a short-term spike in competition, but could ultimately lead to consolidation, easing pressure on Telefónica and Vodafone. Opportunities could emerge for Telxius to pick up MásMóvil masts in the aftermath.
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People
Can new Chairman bring back Vodafone’s bottle?
Coming straight from a 15-year CEO tenure, new Chairman does not look likely to be a back seat driver. Lack of a telco legacy appears significant, with Vodafone seeking to diversify products and more closely connect with individual customers. Growth-oriented M&A record suggests brief is not to dismantle Group. ...
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M&A
TIM enters talks on INWIT sell-down
TIM wastes no time kick-starting efforts to dilute its fledgling tower relationship with Vodafone. Telco enters negotiating tunnel with group of infrastructure investors.
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M&A
O2 and VM: cash in the attic and a new shop front
While building a strong UK competitor is the headline motivation behind the plan to merge O2 UK and Virgin Media, for Telefónica the deal is a shining opportunity to get its Group finances in order. Structure of the JV suggests a key opening for Telefónica to bring its strong ...
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M&A
Vodafone exits long-time IT sherpa Celfocus
Portuguese partner brings Celfocus’ systems expertise in-house.
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Premium
Microsoft acquires Affirmed Networks
Microsoft agreed a deal to acquire Affirmed Networks, a wireless infrastructure solutions vendor and Vodafone investment.
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Premium
Vodafone’s African and European M&A efforts
Mixed news for Vodafone on its M&A-based push to tighten focus on core European and African markets, and raise cash.
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M&A
Volaris acquires Vodafone vendor Collab
Volaris Group acquired Vodafone vendor Soluções Informáticas de Comunicação e Colaboração (Collab).
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Premium
Vodafone Business Africa restructure continues with Enterprise offloads
Vodacom Group completed the sale of its business-to-business units in Cote d’Ivoire, Nigeria, and Zambia, as part of M&A-infused restructuring of regional enterprise division Vodacom Business Africa.
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Venturing & Investments
ngena under new ownership
DT sells controlling stake in spinout to US investment group.
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Premium
TIM and Telefónica plot to carve up Oi
Ever-closer Brazilian operators exploring ways to consolidate in the mobile market without falling foul of the authorities. Determining the shape of a final deal, and clearing hurdles from Oi stakeholders, could be a drawn-out process, and distressed fourth-placed player still open to other offers.
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Strategy & Change
Vodafone's Read talks up tower power (again)
Germanisation of Vodafone continues with choice of Düsseldorf for TowerCo HQ. CEO continues to push for improved asset utilisation in mobile networks, plus sales opportunities. Sharing developments in Germany, India, Italy, Portugal, and UK.
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Premium
Hellman & Friedman acquires AutoScout24
Scout24 Group, DT’s former digital marketplaces unit, accepted an offer from US private equity firm Hellman & Friedman.
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Premium
Vodafone strains Telecom Egypt out of Egyptian services arm
Awkward co-ownership with incumbent dealt with. A step in recalibration of Shared Services — and possibly VfEg too.
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Premium
Vodafone goes IoT value-chain building with grandcentrix
Planned IoT partnership targets SME customers. grandcentrix will continue to operate as separate entity if anti-trust authorities give green light.
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Premium
Vodafone extends convergence play to Albania
Operator agrees acquisition terms with Albania’s largest cableco. Demos 5G-enabled remote car driving.