All Mergers and Acquisitions (M&A) articles – Page 7
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M&AMerged Vodafone−Three ‘incentivised and able’ to ‘frustrate’, ‘harm’ BT — CMA
Merger-critical Competition & Markets Authority investigation is damning on logic and impact of combination, dubious of benefits. Network-sharing joint venture MBNL is at heart of concerns and may become a focus for any forthcoming ‘remedies’. Read more…
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M&AT-Systems opts against sale of Austrian banking solutions unit, after review
Deutsche Telekom’s enterprise business steps back from plan to sell Vienna-based financial tech unit Software Daten Service, part of T-Systems for two decades.
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Financial & PerformanceKPN hits five million fibre homes; open to ‘larger’ buy to boost build
Dutch telco remains interested in bolt-on fibre buyouts — including a ‘larger’ transaction — to speed up its flagship infrastructure programme.
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Weekly BriefingsInfrawatch Weekly: interesting infra times in Spain, a SatCo share drop lawsuit, and UK altnets’ ‘moment of peril’
Latest from the digital infra scene in the UK and beyond, including consideration at Connected North of how altnets can balance urgent, and occasionally conflicting, priorities; Cellnex aiming to win as the Spanish mobile sector restructures, and exploring a new TowerCo paradigm in Poland; Phoenix Towers’ European expansion ambitions; legal woes compound setbacks at SpaceMobile; plus plenty more…
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M&ASpain continues Telefónica share buy-up, reaching 6%
Further purchase from SEPI widens government’s lead as telco’s largest stakeholder, and marks continuation of wider plan to shore up national influence in the operator and defend strategic assets from foreign investors. Read more…
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M&ACellnex wants in on MásOrange integration, Spanish tower consolidation
Chief Executive Marco Patuano considers American Tower and Cellnex as likely consolidators in fragmented Spanish tower infrastructure market, as number of MNO customers shrinks. Read more…
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Financial & PerformanceT-Mobile confirms fibre JV with EQT to buy Lumos
NatCo expects to invest close to $1.5bn in the JV and aims to pass 3.5m premises by 2028. Meanwhile, FWA subscribers surpass five million, the Mint Mobile deal wins regulatory approval, and long‑serving investor relations SVP Jud Henry takes on a new role in the TMUS finance organisation. Read more…
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Weekly BriefingsVodafonewatch Weekly: leadership rotation follows Group structure reset
Latest from Vodafone and its ecosystem, including: senior people moves across the Group and its recently-reworked divisional set-up; Vodafone Portugal CEO puts on a brave face, presents potential M&A failure as ‘no big deal’; Group satcomms investment AST SpaceMobile faces class action after share price crash; and much more…
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M&ACellnex seeks co-investor to support Polish NetCo strategy
European tower group ‘actively working’ on plan for part-sale of Cellnex Poland, generating funds to fuel transformation of the business into a more fully-fledged NetCo, with both RAN assets and passive infra.
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M&APhoenix Tower remains ‘opportunistic’ on buyouts post-BlackRock deal
TowerXchange Meetup Europe: CEO of wireless infra group says it remains “ready to go” on Europe M&A despite many tower rivals looking cowed amid the tighter financing environment. March’s completion of fresh investment by asset management behemoth BlackRock has given confidence to pursue further deal-making opportunities. Claims edge on “carrier captive” rivals. Read more…
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M&AVodafone insists imperilled Portugal deal ‘not life or death’
Vodafone Portugal’s acquisition of market minnow Nowo looks set to be denied, but OpCo CEO Luís Lopes is unphased and remains confident of prospects regardless.
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M&ATelefónica grows O2 Germany stake to 97%
Group splashes a further €175m on opportunistic stake increase, bringing total spend on O2 shares over last six months beyond €2bn. Move chimes with Group strategy to increase exposure to “attractive and stable” German market, while aiding O2 with strategic recalibration…
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Financial & PerformanceLightning Fibre’s quick insolvency switch could show the way for struggling altnets
Lightning Fibre’s £40m pre-pack sale out of administration and back into the hands of the investment fund that had supported its initial build may prove a template for struggling UK altnets as expectations on performance levels rise, but at what cost for suppliers and partners? Read more…
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M&ABT revives Ireland sale talks as Kirkby picks up where Jansen left off — report
BT said to be considering BT Ireland sale as new CEO Allison Kirkby attempts what Philip Jansen could not. A sale would extend the asset-light strategy taken on at BT Business…
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Weekly BriefingsVodafonewatch Weekly: M&A success in Africa; funding milestone in India; Microsoft getting AI-cosy in Paddington
Latest from Vodafone and its ecosystem, including: long-awaited acquisition in Tanzania that looks to be good business for Vodacom; initial answer to funding questions at Vi via Vodafone partner ABG; developments across the Group’s European operations; and more…
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M&ACriteriaCaixa becomes largest Telefónica shareholder with 5%
CriteriaCaixa exerts its muscle at Telefónica as CaixaBank gradually fades away.
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M&AVodacom Tanzania snaps up rival Smile as Saudi investors cut losses
It’s all Smile(s) as Vodacom completes acquisition of small Tanzanian operator with attractive spectrum holding and 4G network presence. Vodacom Tanzania acquired local rival Smile for TZS 68.8bn (£22m/€25m) just two years after Saudi investors spent $235m+ on a rescue deal. The deal delivers access to Smile’s 800MHz and ...
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Financial & PerformanceDeutsche Telekom’s Europe success story — under-appreciated, under-valued (and awkwardly off-narrative)
Exclusive analysis: quietly, the transatlantic behemoth that is Deutsche Telekom is countenancing a slight increase in capital outlay in its ten-territory Europe division, despite the remorseless downer its execs lay on the region’s lack of global investment appeal. Investors still value rump DT very poorly compared to T-Mobile US, however. Read more…
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M&ASpain buys 3% of Telefónica, more share purchases likely
Madrid initiates process of regaining primary shareholder status in Telefónica, as national interests surrounding telco ownership continue to rise back up the agenda in Europe, prompted by phase of operator vulnerability to outside takeovers and broader climate of geopolitical risk.
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M&AVodafone ‘not well managed’ suggests disgruntled Xavier Niel
Vodafone minority shareholder Xavier Niel has cast doubt on Vodafone management’s strategic vision in a Sunday Times profile that followed the sale to Swisscom of the Vodafone Italy business he has long coveted.