All Deals (M&A) articles
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M&ATelefónica sells El Salvador unit at the second attempt
Honduran financiers acquire Telefónica El Salvador for a cut‑price $144m following breakdown of negotiations with América Móvil in 2020. Move completes Telefónica’s exit from Central America.
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M&A
Deutsche Telekom finally exits Romania’s fixed-line market
After nearly a year‑long wait, OTE signs off on deal to sell majority TRC stake to Orange. Deutsche Telekom’s interests in Romania now limited to mobile. As eyes turn to next moves in Group’s reshaping in Europe, OTE continues to indicate commitment to leftover Romanian mobile interest. Höttges says ...
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Partnerships & Alliances
DT set for trio of Vision Fund tie ups: Claure
SoftBank to give DT a big reservoir of digital partners to draw from as it seeks new revenue streams, starting with European e‑mobility, learning, and fintech players. Claure talks up ‘convergence’ and long-term nature of relationship between SoftBank and DT. SoftBank exec looking to make big impression after securing ...
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M&A
DT trades Dutch NatCo for a scoop of US, plus sprinkles
Former DT CEO Obermann steps in with buyout of T‑Mobile Netherlands through Apax–Warburg Pincus consortium. Deal is culmination of turnaround effort launched in 2016 when last attempt to sell NatCo fell through. Exit opens the lid on a box of intriguing strategic options for DT. DT directs some of ...
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M&A
FiBrasil straight into M&A action with Phoenix Fiber buy
Vivo said to have been collaborating with the Phoenix fibre unit since March 2019. Deal brings in a further 170,000 premises, with 310,000 to come.
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M&A
Aussie antitrust tsar seeks change after TPG–Vodafone merger
Rod Sims, Chair of Australia’s competition commission, expresses “serious concerns” about market health after TPG–Vodafone merger. Sims wants bigger powers to block further anti‑competitive M&A.
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M&A
Telefónica finalises Telxius tower sale as infra deals flow
American Tower acquires last tranche of 31,000 Telxius towers for €7.7bn, with deal set to reduce Telefónica net debt by €4.6bn. Fibre InfraCos in Latin America ramp up, with KKR expanding its relationship with the Group. Digital businesses also restructuring with Telefónica Tech spreading its influence.
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M&A
Höttges “ready” for Drahi tête-à-tête after BT raid
DT confirms Altice’s secretive acquisition of a large BT holding went unflagged. Group “open” to discussions and sees prospect of “exciting” developments towards end of 2021. DT accentuates lack of pressure to sell up, should Altice target its holding.
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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.
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M&A
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.
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M&A
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.
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Venturing & 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.
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M&A
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.
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M&A
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.
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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 .
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M&A
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.
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M&A
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.
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M&A
Telxius completes European tower sale
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.
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M&A
Green light for Telefónica Costa Rica exit ‘take two’
Liberty Latin America purchase secures regulatory approval. Telefónica’s drawn‑out Centroamérica exit takes another small step forward.
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M&A
Telefónica Colombia dials up DIRECTV buyout
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.
