Deals & M&A – Page 19

  • tfw157-tt-tf-exits-costa-rica
    M&A

    Telefónica (finally) exits Costa Rica

    2021-08-10T13:20:00Z

    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
    M&A

    Rakuten acquires Telefónica open RAN investment

    2021-08-05T14:58:00Z

    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

    2021-08-04T10:53:00Z

    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
    M&A

    Vodafone Italy hands highways infra to INWIT JV

    2021-07-30T15:13:00Z

    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
    M&A

    Vivo open to fibre M&A via new FiBrasil JV

    2021-07-29T14:59:00Z

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

  • tfw156-tt-cancom
    M&A

    Cancom joins Telefónica Tech stable

    2021-07-29T14:45:00Z

    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
    M&A

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

    2021-07-27T15:10:00Z

    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
    M&A

    Vantage back in shop window as Vodafone builds revival

    2021-07-23T12:53:00Z

    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
    M&A

    Drahi cites Brexit for BT swoop

    2021-07-14T15:10:00Z

    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
    M&A

    Telefónica Tech preps for part-sale

    2021-07-07T15:08:00Z

    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
    Premium

    Deutsche Telekom venturing roundup: Innovid; Neo4j; Aircall

    2021-07-06T00:00:00Z

    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
    M&A

    DT-backed Innovid agrees SPAC merger

    2021-06-28T13:24:00Z

    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
    M&A

    Murdoch’s News UK steps away from BT Sport talks

    2021-06-22T14:57:00Z

    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
    Premium

    BT pays hefty price for full possession of OnePhone

    2021-06-14T08:12:00Z

    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
    Premium

    Rejigged tie-up could find Vodafone Egypt a home

    2021-06-12T01:00:00Z

    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

    2021-06-12T00:00:00Z

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

  • btw325-tt-bt-uninvited-copilot
    M&A

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

    2021-06-11T10:06:00Z

    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
    M&A

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

    2021-06-10T11:23:00Z

    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
    M&A

    Vodafone Turkey buys into enterprise IT specialist FGS

    2021-06-09T13:07:00Z

    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
    M&A

    Deutsche Telekom smart-buildings partner snapped up

    2021-06-08T07:54:00Z

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