All Deals (M&A) articles – Page 18
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Public AffairsDrahi’s BT stake raises national security concerns
UK Business Secretary Kwasi Kwarteng wields National Security & Investment Act to review, and potentially reverse, Altice UK’s latest BT stake acquisition.
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Partnerships & AlliancesVi mulls exit from Wi-Fi joint venture
Indian operator goes cool on Firefly joint venture with Airtel, set up in 2015.
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PremiumTelxius ownership rejig gains green light
Telefónica and Pontegadea set to finalise shared purchase of KKR’s 40% stake in Telxius.
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M&ATelefónica receives bids for minority stake in Spanish rural FibreCo
Spanish media suggests either 45% or 49% is up for grabs.
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Strategy & ChangeAll eyes on Read as e& acquires $4.4bn Vodafone stake
Chief Executive Nick Read ‘blindsided’ by announcement ahead of Tuesday’s annual results call.
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M&ATPG sells towers to Canadian pension fund
CEO Berroeta claims balance sheet boost is “strong outcome” for shareholders. Enterprise value set at AU$ 950m. After transaction costs and tax, TPG will bank a more modest sum of between AU$ 350m and AU$ 400m. Transaction includes 20-year master services agreement.
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M&ATelefónica Tech acquires German data services player
Deal for data analysis outfit completed in transaction worth up to €350m.
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PremiumVodafone ‘weighs’ TalkTalk takeover
UK altnet said to have asked Lazard to review options as potential bidders circle.
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PremiumVodafone mulls Spanish fixed line options
Spanish OpCo faces tough decisions as rivals MÁSMÓVIL and Orange Spain plan merger.
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M&AVivo eyes convergence options as Oi integration begins
Cross-selling to new Oi customer base a focus for CEO Christian Gebara as migration and integration gets underway, set to be completed in 2023. Synergies of BRL 5.4bn (£870m/€1bn) expected via efficiencies in costs, investments, and integration. Spectrum and mobile site tidy-up due this year, with half of the ...
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Network & InfrastructureVodafone fibre JV rumours resurface in Germany
UK-headquartered Group reportedly talking to investors. Maximum investment said to be capped at €10bn. Off-balance sheet option wheeled out again.
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M&ADT hoping for speedy resolution amid ‘multiple’ tower bids
Future of Deutsche Funkturm to be determined following bids from various parties, with American Tower, Cellnex, KKR, and Vantage Towers all named. DT apparently keen to seal a deal sooner rather than later. Despite previous intent to complete full sale, minority option remains “attractive”.
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M&ATelefónica’s Vilá welcomes merger of rivals in ‘fragmented’ Spanish market
Telefónica COO again questions whether Telefónica should now be seen as a dominant player. Vodafone said to be exploring options for its fixed assets in Spain.
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M&AT-Mobile Netherlands CEO welcomes private equity owners with open arms
Abildgaard compares new strategy with that of old parent company Deutsch Telekom. Ambitious aim to turn Dutch operator into the country’s largest fibre service provider within five years. CEO makes undisclosed investment in new-look company.
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M&AT-Mobile Netherlands sale finalised
Consortium WP/AP Telecom Holdings concludes long-awaited transaction. New owners keen on ‘business as usual’ approach, with eyes on continued growth. Deutsche Telekom expected to net about €3.8bn from sale.
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PremiumDutch exit done; Abildgaard welcomes new owners
Abildgaard takes apparent swipe at Deutsche Telekom following long-awaited sale to WP/AP Telecom Holdings consortium. CEO champions ambitious aim to turn Dutch operator into country’s largest fibre service provider within five years. CEO makes undisclosed investment in new-look company. DT expected to have net about €3.8bn from sale, with ...
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M&AHrvatski Telekom to absorb evotv assets
Merger of HT Produkcija with Croatian incumbent on the cards. HT Produkcija, fully owned by Hrvatski Telekom and owner of evotv, will cease to exist.
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M&ADeutsche Telekom set to cash in on Dutch exit
T-Mobile Netherlands’ junior partner Tele2 expects sale transaction to close within “weeks”. Group to receive around €3.8bn in net cash proceeds. Unlikely to follow Tele2’s lead and use cash windfall for extraordinary dividend.
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OperationsDeutsche Telekom puts tower business up for sale
Group said to be prepping auction of 40,600 masts with an €18 billion price tag attached. Cellnex and American Tower reportedly putting together offers.
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M&AVodafone in talks with investors on 21% Indus stake
Group to participate in Vi’s planned capital raise. Vodafone agrees to sell 4.7% Indus stake to Bharti Airtel. Vi troubles have increased ‘trade receivables’ at Indus over several quarters.