Deals & M&A – Page 20

  • btw325-bt-sells-quietly-boingo-interest
    M&A

    BT quietly divests Boingo Wireless interest

    2021-06-07T14:37:00Z

    Telco offloads small minority stake in Boingo. US wireless internet service provider recently subsumed by Digital Colony.

  • vfw197-tt-liberty-telenet-merger-ziggo
    M&A

    Liberty: VodafoneZiggo-Telenet merger not in pipeline

    2021-06-02T14:02:00Z

    Group partner CEO rules out near-term merger. How Liberty and Vodafone’s Dutch JV will evolve remains unclear, with shareholders facing various M&A options. Liberty keen to pursue pathway that suits both parties.

  • tfw154-tt-telxius-europe
    M&A

    Telxius completes European tower sale

    2021-06-02T13:25:00Z

    Telefónica handed regulatory go-ahead for tower divestment, with German and Spanish sites handed to American Tower. Latin American portion to follow next year, pending approval. Submarine cables also up for grabs, with first bids reportedly received.

  • Green light for Telefónica Costa Rica exit ‘take two’
    Premium

    Green light for Telefónica Costa Rica exit ‘take two’

    2021-06-01T10:46:00Z

    Liberty Latin America purchase secures regulatory approval. Telefónica’s drawn-out Centroamérica exit takes another small step forward.

  • dtw105-tt-tele2-sale-stake-tmnl
    M&A

    Tele2 ready to pull T-Mobile Netherlands plug

    2021-05-27T15:59:00Z

    Tele2 Group CEO confirms intent to pivot away from the Dutch market, with focus on its ‘core’ territories. Comments come with DT also pondering options.

  • tfw154-tt-colombia-directv
    M&A

    Telefónica Colombia dials up DIRECTV buyout

    2021-05-26T16:21:00Z

    DIRECTV internet services customer base and spectrum to be acquired under agreement, pending regulatory approval. Deal indicates “commitment” to Colombia despite rumblings of an exit, says CEO Hernández.

  • tfw154-tt-o2-vm-approval
    M&A

    VM-O2 sets sights on BT as merger gets final clearance

    2021-05-20T12:31:00Z

    CMA’s final approval should see deal completed by 1 June. Owners trumpeting investment opportunities with fibre InfraCo potential coming to the fore.

  • dtw105-tt-tmnl-dutch-m-and-a
    M&A

    Deutsche Telekom pondering Dutch M&A options

    2021-05-20T12:20:00Z

    Group appears cold on possibility of buying out junior partner in T-Mobile Netherlands when options open up in January 2022. New tie-up or sale flagged as likelier outcomes.

  • tfw154-tt-zeleris
    M&A

    Telefónica seeks buyers for logistics unit Zeleris — report

    2021-05-18T13:47:00Z

    Telefónica España distribution and logistics subsidiary reportedly on the market with a €100m price tag. EY on board to push for a sale as divestment strategy continues across the Group.

  • tfw195-tt-oi-makes-vivo-wait
    M&A

    CADE makes Vivo wait for share of Oi’s mobile assets

    2021-05-17T15:54:00Z

    Industry watchdog still inspecting ins and outs of Oi divestment. Closure now expected in early-2022. Consortium partners still confident of being granted go-ahead.

  • tfw154-tt-telefonica-uruguay
    M&A

    Suitor emerges for Telefónica Uruguay

    2021-05-13T13:21:00Z

    Grupo Olmos, Argentinian healthcare, insurance, and media conglomerate, formalises intention to enter negotiations for the OB. Former Telefónica Espana CEO Gipérez appointed to “lead” acquisition project.

  • tfw154-tt-tf-dc-offload-nabiax
    M&A

    Telefónica offloads DCs to Nabiax

    2021-05-10T15:06:00Z

    Operator exchanges DCs for minority holding in Nabiax. Long-term housing services agreement established. Deal mooted to worth around €100m.

  • dtw104-tt-flexperto-hubraum
    M&A

    hubraum-backed Flexperto sold to RGI

    2021-04-16T11:09:19.147Z

    The software provider, one of hubraum’s first investments, is acquired by insurance tech specialist RGI Group. Communications SaaS provider Flexperto claims to have seen significant growth during lockdowns.

  • vfw195-tt-safaricom-entry-bid-delay
    Strategy & Change

    Safaricom: deadline for Ethiopia entry bid pushed back (again)

    2021-04-15T14:08:00Z

    ECA grants Kenyan operator and other interested parties more time to consider ins and outs of Ethiopian expansion. Deadline revised for the second time in as many months. Laws blocking Safaricom from operating fintech service in country remain in place (for now).

  • tfw153-tt-o2-vm-approval
    M&A

    CMA doubts bundle demand as it greenlights VM-O2

    2021-04-14T16:44:00Z

    Provisional clearance of merger based on limited ability of the partners to manipulate wholesale pricing and services in their favour. Creation of a new fixed-mobile giant not expected to unleash a sudden surge towards single-contract multi-play bundles in the UK market.

  • vfw195-tt-ast-completes-merger
    M&A

    Vodafone interest AST SpaceMobile completes merger

    2021-04-09T14:06:00Z

    LEO satellite venture combines with special purpose acquisition company to fuel expansion, with eyes on going commercial with a helping hand from Vodafone. “ASTS” trading on NASDAQ. CEO Avellan unfazed by competition from SpaceX and co.

  • tfw152-tt-telxius-submarine
    M&A

    Bids expected for Telxius subsea cables

    2021-04-08T13:11:00Z

    Telefónica debt reduction strategy set to extend to submarine infrastructure as buyers are sought for 100,000km cable network. Reports indicate that an agreement is wanted by mid-2021, with rough valuations standing around the €2bn mark.

  • vfw195-tt-syn-divests-hey-(iceland)
    M&A

    Vodafone’s Icelandic affiliate divests Hey

    2021-04-08T12:32:00Z

    Sýn sells minority stake in Faroese sister company. Icelandic operator seeking cost efficiencies (in more ways than one). Partner Market relationship remains active in service and tech development.

  • btw323-tt-bt-local-business
    M&A

    BT absorbs Local Business agent Fourfront

    2021-04-08T09:11:00Z

    Reseller relationship brought in-house in small transaction. BT says no shift in strategy for SME go-to-market.

  • tfw152-tt-lutz-schuler
    People

    Schüler coronated as VM-O2 CEO

    2021-04-07T12:34:00Z

    Lutz Schüler, dynamic Virgin Media chief, with a track record at O2 Germany, is to lead the new VM-O2 joint venture, subject to competition clearance. O2 CFO and experienced merger overseer Patricia Cobian to take on the JV finance role. No room for O2 CEO Mark Evans.