Deals & M&A – Page 16

  • Iliad makes move on Vodafone Italy

    Iliad makes move on Vodafone Italy


    France-based Iliad Group said to have tabled an offer to Vodafone board last week. Vodafone share price gets short-lived bounce. Read’s self-styled “proactive” approach to M&A under the spotlight (again).

  • Yellow speed bump sign

    Oi mobile sale hits another road bump


    Brazil’s Federal Prosecutor’s Office (MPF) representative at antitrust regulator CADE gives thumbs down to proposed sale of Oi Group’s mobile assets to Telefónica|Vivo, Claro Brasil, and TIM Brasil. Non-binding decision cites competition concerns and recommends “administrative proceedings” to investigate collusion among trio to exclude other interested companies. Oi says ...

  • btw332-tt-discovery

    Discovery JV: BT Sport to be unbundled from BT


    Another twist to the tale as BT and Discovery enter exclusive discussions. Jansen indicates agreement encompasses Eurosport UK and ‘Discovery app’, hinting at sports content tie-up; says deal has “no downsides”. The move could be a huge blow to DAZN, which appeared to have secured an $800m buyout.

  • BT wary of Cellnex compromise on CKH tower merger

    BT wary of Cellnex compromise on CKH tower merger


    Spanish InfraCo willing to sell enough sites from existing estate to enable new UK tower player to emerge, overcoming CMA concerns on competition linked to planned CKH infrastructure acquisition. Four companies already stepped forward as potential buyers. BT remains concerned about impact on MBNL and 5G investment plans.

  • tfw161-tt-movistar-plus
    Content & TV

    Telefónica eyeing new industrial partners for Movistar+


    Early-stage consideration reportedly underway on partnership that would see Telefónica bring in new investor for domestic pay-TV platform and international production interests. North American Spanish-language media merger may provide template for closer links between platforms and content. Movistar+ rebranding underway to further differentiate service from core offerings.

  • tfw161-tt-oi-delay

    Regulator approves Oi sale


    Decision confirmed, subject to conditions, after Brazilian regulator Anatel postponed ruling last week. A board member had asked for additional time to review sale to a consortium featuring Telefónica|Vivo, Claro Brasil, and TIM Brasil. Final approval still required from competition authority CADE.

  • Vfw203-tt-m+a-italy-uk

    Vodafone under M&A spotlight in Italy, UK


    Group reportedly in consolidation talks with Iliad in Italy. A potential merger with Three UK was also apparently explored. Vodafone keeps head down as rumours swirl. Read keen advocate of European in-market consolidation.

  • vfw203-tt-vodafone egypt stake

    Vodacom moves closer to Vodafone Egypt takeover


    Vodacom gets shareholder backing for acquisition of 51% stake. Regulatory approval is still required.

  • tfw161-tt-el-salvador

    Telefónica concludes Central American exit with El Salvador sale


    General International Telecom’s $139m transaction completed. Sale goes through at the second attempt after an agreement with América Móvil collapsed in 2019.

  • DAZN retakes lead in BT Sport race

    DAZN retakes lead in BT Sport race


    Sports streaming specialist in pole position to land $800m deal. Discovery JV still a possibility, but cash injection may be preferable as BT invests in 5G and fibre rollouts.

  • dtw111-tt-octopus

    T-Mobile US picks up rideshare advertiser Octopus


    Adtech-focused Marketing Solutions division makes acquisition to expand marketers toolkit. Octopus Interactive to transition to T-Mobile network for device connectivity.

  • El Salvador Independence flag

    Group’s Central America withdrawal complete


    El Salvador’s Superintendencia de Competencia gives Group green light to exit the market through transaction announced with General International Telecom in autumn. No conditions attached to approval, unlike earlier deal with América Móvil that ended up collapsing. Deal is final of five regional sales by Group.

  • dtw111-tt-dynamic-yield

    Mastercard buys former DT investment Dynamic Yield


    AI-based customer experience personalisation platform picked up by Mastercard from McDonalds. Deutsche Telekom Capital Partners first invested in 2017.

  • T-Systems MMS continues blockchain drive with Polkadot support
    Venturing & Investments

    T-Systems MMS continues blockchain drive with Polkadot support


    Interoperable framework of public blockchains becomes T-Sys MMS’s fourth investment in the sector.

  • tfw160-tt-lutz-spectator

    VM O2 CEO happy as spectator to BT takeover saga


    Lutz Schüler, CEO at Virgin Media O2, said he “thanks God” his business is not distracted by shareholder goings on. Comes after Patrick Drahi expanded his shareholding in VM O2 rival BT. Schüler’s attention fixed on customer experience improvements and fibre rollout.

  • btw331-tt-drahi-stake

    Defences up as Drahi increases BT stake


    Patrick Drahi’s Altice UK stops short of a takeover bid, but increases holding to 18%. UK government issues warning that it “will not hesitate” to protect national interests amid concerns of foreign investment in critical infrastructure incumbent. Takeover not Drahi’s ‘intention’, but caveats are in place.

  • btw331-tt-drahi

    Will Drahi come knocking on BT’s door?


    Six months on from French billionaire’s surprise raid on BT, Altice UK now free to up its stake or mount a takeover bid. Jansen called in for meeting with UK government minister to get the lowdown on Drahi’s intentions.

  • dtw111-tt-magyar-health

    Magyar Telekom divests healthcare subsidiary


    Hungarian NatCo’s T-Systems Hungary business has divested its Pan-Inform subsidiary. Unit will be operated by the state following the deal’s conclusion in early-2022.

  • dtw111-tt-american-tower

    American Tower “excited” by tower M&A in Europe


    CFO flags possibility of “compelling things” happening in Europe’s tower scene. Cautions, however, that American Tower in no rush for dealmaking. Deutsche Telekom, Cellnex, Orange, and Vodafone also in the mix for tower M&A.

  • btw331-tt-bt-sport-discovery

    BT Sport mulls Discovery JV as DAZN buyout stalls


    Discovery in talks with BT over sports broadcasting partnership. Deal would offer strong alternative to DAZN’s £600m buyout attempt.