Deals & M&A – Page 31
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Strategy & ChangeElsewhere in Vodafone Group: SpaceMobile-NASA collaboration
NASA working with US satellite venture; Innovus bolsters security; Vodafone’s Harmonic partnership shows its size.
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M&ABT Global wraps up French exit
French infrastructure business bought by IT group said to generate in region of £100m in annual revenue. BT keen to highlight it will maintain a presence in France, with 60 major customers active on the country.
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M&AVestager: Brexit complicates O2-VM competitions ruling
European Competition Commissioner signals openness to allowing CMA to oversee the review of O2’s proposed merger with Virgin Media History, and the appeal of the EC being able to reassert its views on market consolidation, may still point to Europe asserting its prerogative however. O2 and Virgin Media see ...
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Products & ServicesAsda Mobile returns to Vodafone UK network
Past flame rekindled as Vodafone regains love for MVNO partners.
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M&AVodafone UK’s partner puzzle remains unsolved
Could O2 + Virgin Media = Three for Vodafone UK? Fixed–mobile convergence is a riddle to be solved.
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M&AVodafone gets India tax break from The Hague
International arbitration court rules against India in long-running tax dispute surrounding 2007 Hutchison Essar acquisition. Prime Minister Narendra Modi’s government reportedly mulling an appeal, pending legal advice. In separate tax news, India’s Supreme Court calls for ten-year payback period on outstanding AGR dues.
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M&AMÁSMÓVIL CEO calls Vodafone link a “bluff”
Spenger scoffs at recent media reports that MÁSMÓVIL was in consolidation talks with Vodafone. CEO pointedly adds, however, that mergers eliminate “unnecessary infrastructure costs”.
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Enterprise (B2B)BT completes sale of Latin America assets
New company Sencinet to operate BT network assets. With Sencinet partnership, BT keeps a presence in the region. What’s next in Global asset offload?
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M&AMBNL’s future up in air as Three ponders mast sale
Both MBNL and Cornerstone, UK MNOs’ two tower joint ventures, appear on the verge of an ownership revamp. Three exit could tie with moves by CK Hutchison to establish a separate TowerCo.
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Strategy & ChangeElsewhere in Deutsche Telekom Group: BuyIn CEO lays out plans
BuyIn to look beyond traditional scale-based power play under new CEO.
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M&ATelefónica ponders surrendering Telxius majority
CFO Abasolo reportedly open to the idea of letting go of direct Telxius control to enable faster growth as an independent business.
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M&AVodafone linked with Spain’s MÁSMÓVIL again
Group reportedly in acquisition talks with Spain’s fourth largest operator. MÁSMÓVIL subsequently denies discussions after only recently agreeing to private equity buyout.
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M&AVodacom in talks to buy SA fibre networks — report
Potential acquisition of Vumatel and Dark Fibre Africa would meet Vodacom need for fibre network assets.
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PremiumO2 bill prompts Drillisch profits warning
MVNO Drillisch is continuing to hit roadblocks, and get battered on costs, as O2 and the other German operators play hardball on contract terms.
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M&AFries and Álvarez-Pallete: two minds on UK JV
While Telefónica and Liberty said to be on same page on O2–Virgin Media integration, respective chiefs hinted at varying concerns and strategic priorities linked to the progress of the JV.
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M&AVivo and co. secure stalking horse status on Oi
As the collective preferred buyer, Vivo, TIM, and Claro are confident they are in a position to outbid any rival interest in Oi’s mobile business. With a €2.6bn offer on the table, Vivo is highlighting the boost in investment in ultrafast networks that would be enabled by Oi’s windfall ...
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M&AVodafone Egypt sale reaches impasse; adverse event or powerplay?
Vodafone and stc ‘keep the dialogue open’ as MoU expires. Telecom Egypt denies it has a role in enabling deal, but Vodafone’s dysfunctional local partnership appears to be complicating matters again.
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M&AVodafone decries Italian broadband plan
Italy’s plan to create a single national broadband network moves closer, but deal still has some hurdles to overcome and Vodafone CEO Read signals he is opposed. Beyond broadband network, project might include 5G, edge computing, cloud and data centres, creating further strategic complexity for Vodafone’s Italian interests.
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M&ANew Three boss snipes at O2–Virgin merger
Finnegan doubtful on merits of O2–Virgin Media deal, but bullish on leading further UK consolidation.
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M&ATelefónica targets partners for M&A add ons in security
Group reaching into partner base for acquisitions to support expansion plans of new Telefónica Cybersecurity Tech division. Wayra investments maturing as two minority stakes upgraded to whole ownership. Reorganisation of assets for security expansion may be a template for revamp in cloud and IoT target markets.