All Mergers and Acquisitions (M&A) articles

  • tfw159-tt-el-salvador-tef
    M&A

    Telefónica sells El Salvador unit at the second attempt

    2021-10-19T16:14:00Z

    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.

  • dtw108-tt-optima-telekom
    M&A

    Hrvatski Telekom’s Optima offload expected within “days”

    2021-10-14T09:17:00Z

    Change in Electronic Media Act paves way for transaction with United Group. Regulatory chief “very satisfied” at the prospect of a “third major player” in the fixed market.

  • tfw158-tt-Citi-charged-with-Tf-Spanish-infra-sale
    Network & Infrastructure

    Citi said to be charged with Telefónica Spanish infra sale

    2021-10-11T15:42:00Z

    Rumours continue to circulate around Telefónica’s fibre monetisation plans in Spain. Investment bank understood to have valued Spanish fibre infrastructure at €14bn. Sale speculation comes despite Telefónica classing its Spanish fibre infrastructure as a “strategic asset”. Report suggests Group is seeking resources to finance investments in 5G and digitisation. ...

  • tfw158-tt-lutz-schuler
    Profile

    CEO Lutz Schüler relishes challenger role at VM O2

    2021-10-08T15:55:00Z

    After Virgin Media O2’s first 100 days, Schüler is raring to go head‑to‑head with BT on full fibre, wholesale, and B2B. Reportedly in talks with Sky on fibre investment. Determined merger integration won’t slow VM O2 down. Big believer in “data and digital” for delivering what customers want; hints ...

  • tfw158-tt-spain-infra-sale?
    M&A

    Telefónica mulling Spanish infra stake sale?

    2021-10-07T09:59:00Z

    Rumours circulate that Group is discussing fibre monetisation in Spain. Between five and ten funding vehicles reportedly put hats in the ring, as Group sounds out market interest. Sale speculation comes despite Telefónica classing its Spanish fibre infrastructure as a “strategic asset”.

  • dtw107-tt-dt-exits-Romania-fixed-line
    M&A

    Deutsche Telekom finally exits Romania’s fixed-line market

    2021-10-01T12:54:00Z

    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 ...

  • vfw200-tt-mike-fries
    M&A

    Liberty CEO: call me, Nick, if you want to sell VodafoneZiggo

    2021-09-28T16:44:00Z

    Mike Fries says Liberty “open-minded” on possibility of transaction with co‑parent Vodafone. Management of Dutch JV conducting “strategic review” around issues including infrastructure and content ownership.

  • dtw107-tt-dt-exit-dynamic-signal
    M&A

    Deutsche Telekom quietly exits Dynamic Signal

    2021-09-24T13:56:00Z

    DTCP divests 2018 investment, which has merged with SocialChorus.

  • vfw199-tt-vodafone-egypt-buyout-may-resume
    M&A

    Vodafone’s nudge technique gets STC ‘back to table’

    2021-09-23T12:07:00Z

    Regional media reports indicate that Saudi Telecom Company is seeking to revive a buyout of the Group’s Egyptian business, after failure of 2020 deal. Move follows Vodafone’s exploration of an internal switch of Egyptian OpCo.

  • vfw199-tt-vodafone-ventures-VOSS-investment
    Venturing & Investments

    Vodafone ups investment in collaboration player VOSS

    2021-09-22T13:57:00Z

    Group contributes to new funding round by long‑time unified comms services partner. Rare sign of activity at Group’s startup investment unit Vodafone Ventures. VOSS bidding for growth following pandemic shake‑up to business collaboration.

  • btw329-tt-dazn-bt
    M&A

    DAZN targets Premier League with BT Sport bid — reports

    2021-09-22T12:46:00Z

    Reports indicate BT is in “advanced” stage talks with DAZN to offload BT Sport, with a deal mooted “within weeks”. Broadcasting rights the big‑ticket item for US streaming specialist, while BT looks to focus efforts on network expansion.

  • tfw157-tt-tf-uruguay-exit-nears
    M&A

    Telefónica nearing Uruguay exit?

    2021-09-20T15:10:00Z

    New suitor emerges as Telefónica considers bid for Uruguayan unit. Local politician leading acquisition push on behalf of consortium partners. Reported bid falls some way short of independent valuation.

  • Group’s Dutch and British tower partners look to cash in
    M&A

    Vodafone Group’s Dutch and British tower partners look to cash in

    2021-09-16T13:46:00Z

    Liberty CFO says group “not in love with” tower ownership and keen to unlock value in Belgium, Netherlands, and UK. Telefónica hands Goldman Sachs reins to examine prospective Cornerstone share sale.

  • tfw157-tt-tf-joins-liberty-in-uk-tower-sale
    M&A

    Telefónica joins Liberty in move towards UK tower sale

    2021-09-14T16:09:00Z

    Goldman Sachs reportedly handed reins to examine prospective Cornerstone share sale.

  • dt107-tt-ote-romania-mobile-m&a
    M&A

    OTE takes full ownership of Romanian mobile business

    2021-09-13T15:28:00Z

    OTE’s near-100% absorption of mobile business a regulatory prerequisite for sale of its fixed sibling to Orange. Telekom Romania’s 30% holding given €59m price tag. Previously the subject of sale speculation, TRMC now fully focused on organic growth, with new Bucharest headquarters portrayed as “fresh start”.

  • BT Pension Scheme completes Hermes exit
    M&A

    BT Pension Scheme completes Hermes exit

    2021-09-11T00:00:00Z

    Federated Hermes actions call option to acquire BTPS’s residual shareholding in fund manager. BT on track with pension deficit recovery plan.

  • mark-evans-2018-01-480
    Strategy & Change

    Evans elevated to lead Telefónica’s digital strategy

    2021-09-10T12:25:00Z

    Former O2 UK CEO takes a step up the Group management ladder after missing out on role as head of merged UK JV. Potential for pivotal digital double act with Chema Alonso bringing innovation expertise to be harnessed by Evans’ commercial nous. Navarro remains as key adviser to Chairman, ...

  • Vodafone Q1 FY21–22: ‘Phase two’ relaunched with M&A sweetener
    Financial & Performance

    Vodafone Q1 FY21–22: ‘Phase two’ relaunched with M&A sweetener

    2021-09-10T12:10:00Z

    Some hints of compromise with City overseers as Vodafone re-seeds post-pandemic, digital-led growth plan. New Chairman van Boxmeer appears to be lighting a fire under Group mindset and strategy. M&A talked up as a lever to help Vodafone in the push to revive growth. Another chunk of Vantage could ...

  • dtw107-tt-t-sys-sa-exit
    M&A

    T‑Systems offloads South African remnant

    2021-09-09T14:33:00Z

    Deutsche Telekom’s enterprise unit wraps up SA exit after selling training and development provider. Continuation of T-Systems slimming drive

  • Sievert blames Dish for CDMA “crisis”
    Network & Infrastructure

    Sievert blames Dish for CDMA “crisis”

    2021-09-07T11:21:00Z

    TMUS CEO says Dish should do more to migrate Boost customers from “antiquated” 3G network. Holds firm on shuttering CDMA network on 1 January 2022, despite “grave concerns” expressed by DoJ. Says Dish’s network-sharing deal with AT&T will have no impact on five‑year plan.