Deals & M&A – Page 19

  • tfw157-tt-tf-exits-costa-rica

    Telefónica (finally) exits Costa Rica


    Group finalises long-awaited divestment. Final transaction price is $538m, around $40m short of previously agreed deal. Movistar marque utilised by Liberty as it pursues multi-brand strategy in Costa Rica. Former Movistar Costa Rica exec to head operations.

  • tfw156-tt-rakuten-altiostar

    Rakuten acquires Telefónica open RAN investment


    Rakuten to acquire Altiostar, Telefónica minority investment and “partner of choice”. Telefónica relationship with the US-based open RAN specialist extends beyond stake holding, with collaboration in network development and deployment in Europe and Latin America.

  • tfw156-tt-brazil-cloud
    Strategy & Change

    Telefónica Tech extends cloud reach in Brazil


    TC&CT division snags 49.99% stake in Vivo’s CloudCo Brasil. Deal builds on TC&CT’s earlier purchase of CyberCo Brasil. Working in parallel with local operating businesses becoming a Telefónica Tech trend.

  • vfw199-tt-vfti-divests-infra-unit-inwit

    Vodafone Italy hands highways infra to INWIT JV


    OpCo’s divestment bulks-up INWIT portfolio, as TowerCo continues spending spree. INWIT to equip portion of new assets with IoT capabilities in “smart road” drive. Acquisition expected to be green-lighted before end-2021.

  • tfw156-tt-vivo-fibrasil

    Vivo open to fibre M&A via new FiBrasil JV


    CEO Christian Gebara signals interest if the price and quality is right. Brazilian fibre market becoming increasingly competitive.

  • tfw156-tt-cancom

    Cancom joins Telefónica Tech stable


    Telefónica Tech picks up cloud and security specialist Cancom, as the Group’s growth-oriented technology division targets a strengthened UK presence. Move appears enabled by compete parameters in Virgin Media–Telefónica UK shareholders’ agreement.

  • tfw156-tt-vivo-cade-complex

    Vivo set for a longer wait as CADE rules Oi deal is complex


    Regulator to take its time to examine Oi divestment in detail. Decision confirms fears that closure will likely take place in 2022. Suggestion raised that deal could even be rejected.

  • vfw199-tt-vantage-towers

    Vantage back in shop window as Vodafone builds revival


    M&A remains a lever to help Vodafone revive growth, says CEO Read. New Chairman van Boxmeer lighting a fire under Group strategy and ambition. Another chunk of Vantage could be sold off to “like-minded” partner. Hint made of some UK deal-making in pipeline. Egyptian and Spanish assets remain in ...

  • btw327-tt-drahi-brexit

    Drahi cites Brexit for BT swoop


    Co-founder of Altice telecoms group pays UK government ministers a visit about newly acquired 12.1% BT stake. Claims Brexit and relatively low FTTP rollout makes UK ripe for investment. Some in BT reportedly think overtures to government might be part of a grand takeover plan.

  • tfw156-tt-telefonica-tech-spin-out

    Telefónica Tech preps for part-sale


    Long-mooted divestment plan appears close to initiation, with reports indicating private equity interest. Division not the big-hitter it once claimed to become, but hoping to draw punters through M&A and partnerships. Downsized ambition and reset scope remind of last decade’s Telefónica Digital, where grand ambition faded away.

  • Elsewhere in Deutsche Telekom Venturing and Investments

    Deutsche Telekom venturing roundup: Innovid; Neo4j; Aircall


    DTCP gets busy with investments in graph tech and contact centre-as-a-service; portfolio company Innovid bought out; tech incubator and Apple hunt for IOS AR developers.

  • dtw106-tt-dt-backed-innovid-merger

    DT-backed Innovid agrees SPAC merger


    Legacy T-Venture enters “definitive agreement” to combine with special purpose acquisition vehicle. Trading name to remain “Innovid”. Advertising technology player eyeing further M&A opportunities to fuel growth.

  • btw326-tt-bt-sport-news-uk

    Murdoch’s News UK steps away from BT Sport talks


    News UK has pulled back from talks with BT regarding a partnership for the sports broadcasting business. Discovery and ITV said to remain in contention, with DAZN seemingly the keenest of the bunch.

  • btw125-tt-bt-onephone-possession-price

    BT pays hefty price for full possession of OnePhone


    Swedish business’s 30% holding given a near-nine-figure price tag. Purchase coincides with OnePhone champion taking helm at new Enterprise unit.

  • Rejigged tie‑up could find Vodafone Egypt a home

    Rejigged tie-up could find Vodafone Egypt a home


    Vodafone secures route to in-Group transfer of Egypt stake in quid pro quo deal with local partner. Kenya-esque Vodacom hand-off of Egyptian interest one possibility.

  • Elsewhere in Vodafone Partner Markets
    Strategy & Change

    Elsewhere in Vodafone Partner Markets: Altice rolls into BT


    MTS surfs tower spin-out wave; SoftBank boosted by digital shift and gets strategic with LEO satellite venture OneWeb.

  • btw325-tt-bt-uninvited-copilot

    BT’s uninvited new co-pilot: what’s Drahi’s mission?


    Altice buys minority stake but claims no intention of full-fledged takeover. Seeks to support BT’s strategic fibre, for which Drahi has genuine zeal. BTwatch explores industrial logic and financial machinations behind move.

  • tfw155-vm-o2-pre-nup

    In detail: Liberty and Telefónica’s VM-O2 pre-nup


    Three-year wait expected before a potential IPO of new joint venture, while both parties expected to remain involved in the business for at least five years. Telefónica reserving its right to go it alone in UK on IoT, cloud, and cybersecurity services. Liberty to get a board presence at ...

  • vfw197-vod-turkey-buys-stake-in-FGS

    Vodafone Turkey buys into enterprise IT specialist FGS


    OpCo takes 50% share of business services provider and frames deal as reflecting Vodafone’s march into “TechCo” territory. FGS products to be launched in Vodafone markets outside Turkey.

  • dtw105-tt-dt-smart-buildings-partner-snapped

    Deutsche Telekom smart-buildings partner snapped up


    2017 “strategic” investment offloaded by Group. Netherlands’ Planon to subsume Axonize’s IoT platform into wider facilities management product and services suite.