Deals & M&A – Page 38
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PremiumTIM and Telefónica plot to carve up Oi
Ever-closer Brazilian operators exploring ways to consolidate in the mobile market without falling foul of the authorities. Determining the shape of a final deal, and clearing hurdles from Oi stakeholders, could be a drawn-out process, and distressed fourth-placed player still open to other offers.
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Strategy & ChangeVodafone's Read talks up tower power (again)
Germanisation of Vodafone continues with choice of Düsseldorf for TowerCo HQ. CEO continues to push for improved asset utilisation in mobile networks, plus sales opportunities. Sharing developments in Germany, India, Italy, Portugal, and UK.
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PremiumHellman & Friedman acquires AutoScout24
Scout24 Group, DT’s former digital marketplaces unit, accepted an offer from US private equity firm Hellman & Friedman.
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PremiumVodafone strains Telecom Egypt out of Egyptian services arm
Awkward co-ownership with incumbent dealt with. A step in recalibration of Shared Services — and possibly VfEg too.
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PremiumVodafone goes IoT value-chain building with grandcentrix
Planned IoT partnership targets SME customers. grandcentrix will continue to operate as separate entity if anti-trust authorities give green light.
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PremiumVodafone extends convergence play to Albania
Operator agrees acquisition terms with Albania’s largest cableco. Demos 5G-enabled remote car driving.
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PremiumVodafone agrees to sell Malta unit
Vodafone’s leadership re-emphasised eagerness to pull back its front lines with an agreement to sell Vodafone Malta (VfM).
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PremiumDeutsche Telekom gets Sprint stress headache, takes dividend pill
Group boasts of “record” Q3 results, but numbers shadowed by strategic and operational challenges. Dividend trimmed to keep spend taps flowing and offset US and balance sheet pressures. Capex guidance raised. German broadband “softness” tackled. Leadership looks forward to All-IP completion for German go-to-market. Romanian difficulties continue: “all possibilities” ...
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PremiumVodafone seen as “natural” tower buddy for Deutsche Telekom
Ill feelings for European enemy pushed aside, superseded by common goal of better capital utilisation.
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PremiumDeutsche Telekom Group makes final push for New T-Mobile summit
DT and TMUS emphasise continuity and aggression with leadership change, 5G acceleration, and extension of Un-Carrier initiatives to New T-Mobile era. Legere to step down in May 2020, with WeWork posting a possibility.
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PremiumDeutsche Telekom Group keeps an eye on Dutch exit door
DT keen to stress it M&A options up sleeve and no philosophical stance against sales, as balance sheet pressures increase.
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PremiumDeutsche Telekom exits content management specialist CoreMedia
Deutsche Telekom (DT) exited content management specialist (and long-time investment) CoreMedia, after US private equity group OpenGate Capital bought control of the business.
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PremiumTelefónica España acquires 50% stake in alarm business
After the abrupt end of its Securitas partnership, Telefónica is again attempting to integrate security services into its connected home strategy. Despite allusions to “smart” solutions, Prosegur currently remains principally a traditional burglar alarm business. Shareholder and partner.
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PremiumCryptic move by Telefónica España
With security services underpinning many expectations of Telefónica growth, additional skills have been brought in-house through acquisition.
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PremiumProtests continue despite Unitymedia buy completion
Small operator grouping gets legal on competition. Housing association supply concerns resurface.
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PremiumT-Mobile US COO Sievert remains optimistic over Sprint mega-merger approval
T-Mobile US (TMUS) President and Chief Operating Officer Mike Sievert looked to leave the door ajar for a legal settlement that could tie down its mega-merger with Sprint.
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PremiumT-Mobile US has acquired PushSpring, a mobile marketing agency
T-Mobile US (TMUS) looked to have quietly acquired US-based mobile marketing agency PushSpring in order to increase its advertising technology expertise.
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PremiumMicrosoft has ended its relationship with T-Systems Hungary
Microsoft was reported to have ended a commercial relationship with Magyar Telekom’s (MT) soon-to-be-offloaded enterprise business T-Systems Hungary (T-Sys HU), in a move seemingly wrapped up with the unit’s impending sale (Deutsche Telekomwatch, #85).
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PremiumTelekom Deutschland facing tough broadband market competition
Consolidation remained on the agenda in Germany’s broadband market, offering up the prospect of yet stiffer competition for Telekom Deutschland as it battles to maintain share (see separate report).