All Deals (M&A) articles

  • btw125-tt-bt-onephone-possession-price

    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.

  • vfw197-vod-turkey-buys-stake-in-FGS

    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.

  • dtw105-tt-dt-smart-buildings-partner-snapped

    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.

  • tfw154-tt-telxius-europe

    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.

  • tfw154-tt-colombia-directv

    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.

  • tfw154-tt-o2-vm-approval

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


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

  • tfw154-tt-tf-dc-offload-nabiax

    Telefónica offloads DCs to Nabiax


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

  • dtw104-tt-flexperto-hubraum

    hubraum-backed Flexperto sold to RGI


    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)


    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

    CMA doubts bundle demand as it greenlights VM‑O2


    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-syn-divests-hey-(iceland)

    Vodafone’s Icelandic affiliate divests Hey


    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

    BT absorbs Local Business agent Fourfront


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

  • tfw152-tt-lutz-schuler

    Schüler coronated as VM‑O2 CEO


    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. ...

  • dtw103-tt-tmnl-fibre-dutch
    Network & Infrastructure

    T-Mobile Netherlands bulks up on fibre via new KKR venture


    Dutch NatCo builds on Primevest investments as first anchor tenant of Open Dutch Fiber . New fibre venture taps former CEO and CCO of Vodafone Germany partner Deutsche Glasfaser. Move raises further questions over Group plans for its Dutch business.

  • vfw195-tt-vantage-towers-buys-greek-towerco

    Vantage Towers buys out partner in Greek TowerCo


    Vodafone TowerCo signals its independence with first acquisition since its IPO in Frankfurt . Vodafone Greece and Wind Hellas to remain anchor tenants of Greek TowerCo. Rival OTE bides its time.

  • vfw194-tt-egypt-fintech-masary-bee

    Vodafone readies cheque for Egyptian fintech players


    Vodafone Egypt signs MoU for minority stakes in digital payment players Bee and Masary. New Vodafone Egypt CEO Abdallah seeks to paint deal as part of “ promising ” strategic investment plan, following Group’s failed exit.

  • tfw151-tt-data-centres-nabiax

    Telefónica to swap more data centres for Nabiax stake


    Four data centres are said to be on the table, with a 20%‑stake in Asterion subsidiary Nabiax the price. Nabiax‑Telefónica JV reportedly in the pipeline to manage the estate.

  • tfw150-tt-vivo-oi-deal

    Oi firms up mobile deal, Vivo reinforces its market lead


    Oi finalises mobile asset sale to three‑strong consortium of Claro, TIM Brasil, and Vivo. Oi CFO: regulatory approval expected within the year. Trifecta of assets now divested by in‑administration Oi as it seeks route to recovery via fibre.

  • Telefónica agrees to monetise Cornerstone
    Partnerships & Alliances

    Telefónica agrees to monetise Cornerstone


    Telefónica UK and Vodafone UK give each other freedom to “ commercialise ” their 50% stakes in Cornerstone JV. Uncertain how Group’s top brass will proceed, but partial or full sale seems likely.

  • tfw150-tt-tef-wholesale-o2-vm

    Wholesale power under scrutiny as CMA reviews VM‑O2


    Proposed JV’s ability to tilt backhaul market in its favour and limit opportunities for MVNOs will be central to competition review. The impact of the deal on the development of providers offering fixed‑mobile bundles will receive particular scrutiny. CMA wields new powers post‑ Brexit , but this ...