Latest Deals & M&A – Page 45
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M&ABT Global wraps up French exit
French infrastructure business bought by IT group said to generate in region of £100m in annual revenue. BT keen to highlight it will maintain a presence in France, with 60 major customers active on the country.
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M&AVestager: Brexit complicates O2-VM competitions ruling
European Competition Commissioner signals openness to allowing CMA to oversee the review of O2’s proposed merger with Virgin Media History, and the appeal of the EC being able to reassert its views on market consolidation, may still point to Europe asserting its prerogative however. O2 and Virgin Media see ...
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Products & ServicesAsda Mobile returns to Vodafone UK network
Past flame rekindled as Vodafone regains love for MVNO partners.
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M&AVodafone UK’s partner puzzle remains unsolved
Could O2 + Virgin Media = Three for Vodafone UK? Fixed–mobile convergence is a riddle to be solved.
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PremiumElsewhere in Vodafone’s Associates & JVs: Telenet-VodafoneZiggo merger raises concerns
New Greek towers JV cleared; VodafoneZiggo future remains in spotlight.
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PremiumIndus Towers–Infratel merger finally moves forward
Rejigged agreement offers a safety net for TowerCo amid ongoing questions over Vi’s future.
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M&AVodafone gets India tax break from The Hague
International arbitration court rules against India in long-running tax dispute surrounding 2007 Hutchison Essar acquisition. Prime Minister Narendra Modi’s government reportedly mulling an appeal, pending legal advice. In separate tax news, India’s Supreme Court calls for ten-year payback period on outstanding AGR dues.
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Strategy & ChangeOTE head honchos propose organisational revamp
Three new spin-out specialist companies to absorb customer service, shops, and technical field operations.
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M&AMÁSMÓVIL CEO calls Vodafone link a “bluff”
Spenger scoffs at recent media reports that MÁSMÓVIL was in consolidation talks with Vodafone. CEO pointedly adds, however, that mergers eliminate “unnecessary infrastructure costs”.
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Enterprise (B2B)BT completes sale of Latin America assets
New company Sencinet to operate BT network assets. With Sencinet partnership, BT keeps a presence in the region. What’s next in Global asset offload?
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PremiumElsewhere in BT Group: SEC exit nears
BT backing off office space rental plans, SEC exit nears, rival TalkTalk set to de-list.
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M&AMBNL’s future up in air as Three ponders mast sale
Both MBNL and Cornerstone, UK MNOs’ two tower joint ventures, appear on the verge of an ownership revamp. Three exit could tie with moves by CK Hutchison to establish a separate TowerCo.
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Strategy & ChangeElsewhere in Deutsche Telekom Group: BuyIn CEO lays out plans
BuyIn to look beyond traditional scale-based power play under new CEO.
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M&ATelefónica ponders surrendering Telxius majority
CFO Abasolo reportedly open to the idea of letting go of direct Telxius control to enable faster growth as an independent business.
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PremiumAirtel–Telkom merger falls through
Let-off for Safaricom as its two major mobile competitors remain marooned in sub-scale no-mans-land.
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Partnerships & AlliancesTPG deepens Genesys ties
TPG projects opex savings of AU$ 3m after moving all customer contact channels to cloud-based platform. Genesys now appears firmly entrenched within the Group, with VfD a key user.
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M&AVodafone linked with Spain’s MÁSMÓVIL again
Group reportedly in acquisition talks with Spain’s fourth largest operator. MÁSMÓVIL subsequently denies discussions after only recently agreeing to private equity buyout.
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M&AVodacom in talks to buy SA fibre networks — report
Potential acquisition of Vumatel and Dark Fibre Africa would meet Vodacom need for fibre network assets.
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PremiumO2 bill prompts Drillisch profits warning
MVNO Drillisch is continuing to hit roadblocks, and get battered on costs, as O2 and the other German operators play hardball on contract terms.
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PeopleFormer BT exec Hanif Lalani stripped of OBE
Lalani’s last BT role was CEO of BT Global Services. He was fined €1.5m by France’s stock market watchdog in 2012.