All Deals (M&A) articles – Page 5
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People
T-Mobile hands CFO a fresh deal ahead of M&A integration challenge
Peter Osvaldik given a pay rise as T-Mobile seeks consistency of leadership ahead of execution challenges accompanying pending fibre and wireless buyouts.
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M&A
Virgin Media O2 set to sell another chunk of Cornerstone — report
Operator to shed another 8% of tower JV with GLIL Infrastructure and Vantage, bringing total shareholding down to just above 25%.
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M&A
Regulator still dubious on Vodafone–Three merger; wants further compromise
Proposed merger of two underpowered MNOs found to have negative ramifications for UK competitive landscape, but the antitrust body offers road to approval via series of behavioural and structural ‘remedies’.
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Weekly Briefings
Deutsche Telekomwatch Weekly: three’s a crowd at BT
Future of DT’s relationship with UK incumbent comes back into the public eye after Bharti entrance into major shareholder grouping, plus buildout of Slim family stake.
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M&A
American Tower offloads property assets in Australia and New Zealand
American Tower continues its retreat from the Asia/Pacific region with the sale of property assets in Australia to Waveconn and in New Zealand to Connexa, following its exit from India.
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Strategy & Change
Tower group SBA wants ‘visibility’ before voyaging into foggy Europe
Eurosceptic tower group plays down the prospect of any dealmaking to give it a regional presence, saying its M&A focus is on strengthening businesses within its existing footprint.
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Network & Infrastructure
UK fibre reality check evident in pullback
Compilation of FibreCo plans shows retrenchment in forward planning, reflecting recent financing constraints. With extreme overbuild scenarios, further consolidation looks inevitable. Learn more…
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M&A
Virgin Media O2 gears up for £1bn NetCo stake sale — report
Operator reportedly aiming to offload at least 20% stake in fledgling NetCo, with several infrastructure, private equity, and pension funds taking interest.
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M&A
Telefónica, Asterion ‘pick out top suitors’ for data centre sale
Pair said to have selected Goldman Sachs, Igneo Infrastructure Partners, and Wren House among candidates for purchase of data centre player Nabiax.
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M&A
UK’s Arcus buys Polish fibre challenger
London-based infra investor takes control of FixMap, a prolific roller-upper of smaller fibre players in the country, run by a former exec of incumbent Orange Poland.
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M&A
Colombia’s Claro ‘backs Telefónica–Tigo merger’ to shake up market
Operator gives blessing for Telefónica Colombia and Tigo to merge operations, adding to calls for change in Colombia’s challenging telecoms environment. Read more…
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Strategy & Change
India’s Bharti steps in as BT’s new largest shareholder
BT Group reunited with 1990s partner, but this time as junior, with new India connection talked up. Investment anchored as ‘vote of confidence’ in CEO Allison Kirkby’s strategy. Road to regulatory approval appears relatively smooth. More on Altice retreat…
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M&A
Telefónica firms up MásOrange 5G spectrum buy — report
Group said to have finalised terms to acquire 3.5GHz spectrum from newly-merged operator as part of post-merger asset fine-tuning.
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Financial & Performance
Telefónica remains confident of Peruvian FibreCo approval in 2024
Q2 FY24: Group management still expecting creation of new FibreCo by the end of the year. Telefónica Infra reaches 23 million premises passed with fibre by end of June 2024, and keeps up pace required to reach longer-term goals. Read more…
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M&A
Brazil’s Vivo keeps watch on digital M&A opportunities
Q2 FY24: Telefónica’s Brazilian operating business continues to analyse opportunities to expand its digital B2B service portfolio in cloud, cybersecurity, and IoT.
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Financial & Performance
INWIT expects Italian consolidation to unlock 5G spend
INWIT sees brighter future for mobile operator infra investment in Italy after dust settles on M&A activity as the TowerCo reported “resilient” Q2 results.
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Financial & Performance
T-Mobile has ‘little appetite’ for further fibre deals, for now
CEO Mike Sievert says T‑Mobile remains open minded but indicates that there are no current plans to bulk up fibre diet.
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M&A
Telefónica heads for Colombian exit with Millicom deal
Group set to further reduce its presence in Latin America with sale of stake in Colombian operating business to Millicom.
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M&A
Vodafone Spain partners Telefónica on second FibreCo in two weeks
Telefónica España and Vodafone Spain to create joint FibreCo with a 3.5 million premises footprint, as Telefónica shores up wholesale revenue and Vodafone continues infra retreat.
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Financial & Performance
Hrvatski Telekom accelerates fibre build amid strong H1
Croatian operator ups FY24 capex guidance on back of faster than expected revenue growth in first six months of the year, and indicates flow of fibre infra add-ons is accelerating.