All Deals (M&A) articles
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Financial & PerformanceT-Mobile confirms fibre JV with EQT to buy Lumos
NatCo expects to invest close to $1.5bn in the JV and aims to pass 3.5m premises by 2028. Meanwhile, FWA subscribers surpass five million, the Mint Mobile deal wins regulatory approval, and long‑serving investor relations SVP Jud Henry takes on a new role in the TMUS finance organisation. Read more…
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M&ACellnex seeks co-investor to support Polish NetCo strategy
European tower group ‘actively working’ on plan for part-sale of Cellnex Poland, generating funds to fuel transformation of the business into a more fully-fledged NetCo, with both RAN assets and passive infra.
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M&AVodafone insists imperilled Portugal deal ‘not life or death’
Vodafone Portugal’s acquisition of market minnow Nowo looks set to be denied, but OpCo CEO Luís Lopes is unphased and remains confident of prospects regardless.
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M&ATelefónica grows O2 Germany stake to 97%
Group splashes a further €175m on opportunistic stake increase, bringing total spend on O2 shares over last six months beyond €2bn. Move chimes with Group strategy to increase exposure to “attractive and stable” German market, while aiding O2 with strategic recalibration…
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Weekly BriefingsVodafonewatch Weekly: M&A success in Africa; funding milestone in India; Microsoft getting AI-cosy in Paddington
Latest from Vodafone and its ecosystem, including: long-awaited acquisition in Tanzania that looks to be good business for Vodacom; initial answer to funding questions at Vi via Vodafone partner ABG; developments across the Group’s European operations; and more…
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M&ACriteriaCaixa becomes largest Telefónica shareholder with 5%
CriteriaCaixa exerts its muscle at Telefónica as CaixaBank gradually fades away.
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M&AVodacom Tanzania snaps up rival Smile as Saudi investors cut losses
It’s all Smile(s) as Vodacom completes acquisition of small Tanzanian operator with attractive spectrum holding and 4G network presence. Vodacom Tanzania acquired local rival Smile for TZS 68.8bn (£22m/€25m) just two years after Saudi investors spent $235m+ on a rescue deal. The deal delivers access to Smile’s 800MHz and ...
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Financial & PerformanceDeutsche Telekom’s Europe success story — under-appreciated, under-valued (and awkwardly off-narrative)
Exclusive analysis: quietly, the transatlantic behemoth that is Deutsche Telekom is countenancing a slight increase in capital outlay in its ten-territory Europe division, despite the remorseless downer its execs lay on the region’s lack of global investment appeal. Investors still value rump DT very poorly compared to T-Mobile US, however. Read more…
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M&ASpain buys 3% of Telefónica, more share purchases likely
Madrid initiates process of regaining primary shareholder status in Telefónica, as national interests surrounding telco ownership continue to rise back up the agenda in Europe, prompted by phase of operator vulnerability to outside takeovers and broader climate of geopolitical risk.
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M&ACMA concerned Vodafone-Three could access O2 and EE secrets
As expected, the UK merger is headed for tougher scrutiny in a longer investigation following an initial review by the Competition and Markets Authority.
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InterviewNetomnia: capex inefficiency is blocking consolidation opportunity
Speaking to TelcoTitans, Netomnia founder and CEO Jeremy Chelot suggests too many altnets are banking on unachievable take-up goals, and that playing fast and loose with investor money has resulted in a block on viable valuations for consolidation.
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PeopleEx-BT CEO Patterson takes chair of edtech company Kahoot
Gavin Patterson named Chair of new Board of Directors at recently privatised online learning platform company Kahoot.
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Financial & PerformanceHelios swaps land-grab for lease-grab in strategy refresh
Middle East and Africa tower group makes a change-up of headline KPIs after shifting away from M&A-based expansion of tower footprint.
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M&AVodafone’s Della Valle claims retrenchment is complete after Italian sale confirmed
CEO Margherita Della Valle has declared the Group’s Italy retreat to be the ‘final step’ of her right-sizing campaign, leaving it smaller but purportedly ready to chase growth in markets that matter. Deal prompts wholesale structural change stretching beyond Europe — ExCo swaps, B2B priorities, shared services overhaul — but Vodafone is left a far cry from its former superpower status…
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Financial & PerformanceIHS Towers hires advisers to assess ‘strategic alternatives’
Tower group’s annual results this week sees chief executive highlight initiation of a strategic review of its business, amid share price slump.
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M&ACityFibre ignites M&A plan with Lit Fibre buy
Altnet lights M&A touchpaper with Lit Fibre deal, expands FTTP footprint and brings in Newlight Partners as minority investor. More to come from CityFibre soon…
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M&ATelefónica ‘mulls’ Avatel buy to defend wholesale biz
Purchase of Spain’s #5 broadband provider, valued at €1bn, holds potential to accelerate rural fibre, strengthen pre-existing MVNO ties, position Group to better compete. Saudi Arabia’s stc also prowling, despite Telefónica stakebuild friction…
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M&ATelefónica looks to inhale leftover O2 shares
Group announces intent to buy the final portion of Telefónica Deutschland that it did not manage to secure in recent voluntary acquisition offer, and in parallel take the German business’ shares off Frankfurt Stock Exchange.
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Financial & PerformanceTelefónica Hispam points finger at Peru after FY23 earnings dip
Hispam unit soldiers on with asset-light model, although FY23 sees an unwelcome dip in figures…
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Weekly BriefingsInfrawatch Weekly: net-sharing, consolidation and deal-making in UK and Europe
Latest from the UK and Europe’s digital infra scene, including interviews and OpEds from Fibrus and nexfibre; big talk from Liberty’s CEO; and DigitalBridge’s Marc Ganzi teasing M&A to come. Plus much more from altnets, European infra players, and investors…