All Mergers and Acquisitions (M&A) articles – Page 38
-
M&ASuitor emerges for Telefónica Uruguay
Grupo Olmos, Argentinian healthcare, insurance, and media conglomerate, formalises intention to enter negotiations for the OB. Former Telefónica Espana CEO Gipérez appointed to “lead” acquisition project.
-
PremiumVantage may be set for new Cornerstone allies
Indications that O2 UK’s Cornerstone stake seen as non-strategic by prospective new co-parent Liberty Global, and could be jettisoned in name of post-merger “national champion” plan. Sale would raise cash for higher strategic ambition of fibre expansion. Liberty’s Fries shows willingness to get hands-on in refashioning VM–O2 post-merger. The ...
-
M&ATelefónica offloads DCs to Nabiax
Operator exchanges DCs for minority holding in Nabiax. Long-term housing services agreement established. Deal mooted to worth around €100m.
-
Partnerships & AlliancesProsegur wants to take Telefónica JV international
Overlapping LatAm markets being eyed for expanded partnership between Telefónica and connected security partner Prosegur. Movistar Prosegur Alarmas JV said to be maintaining growth in Spain, despite lockdown.
-
Strategy & ChangeCornerstone exit could be early item on VM-O2 agenda
Indications made that prospective JV’s Cornerstone stake seen as non-strategic, and could be jettisoned in name of “national champion” Grand Plan. Sale would raise cash for higher strategic ambition of fibre expansion. Liberty “gearing up” for talks with partners to team up on Gigabit rollout. Fries showing willingness to ...
-
PeopleTelefónica, Liberty lay out leadership for merged VM-O2
Telefónica and Virgin Media execs share the spoils 50:50 at the new venture, which is still pending regulatory approval. Jo Bertram and Gareth Turpin among the O2 names to get a seat, with Telefónica Argentina’s de Meo brought in as CIO. No room for O2’s HR guru Catherine Leaver, ...
-
Strategy & ChangeElsewhere in Telefónica Group: Wayra launches Munich lab
Innovation hothouse creates German 5G campus; Prisa reshuffle continues; MÁSMÓVIL deal hits Telefónica shares.
-
Strategy & ChangeElsewhere in Telefónica Core Markets: E-Plus review closed
EC ends E-Plus review; German 5G rollout builds; UK taskforce plans for supplier diversity.
-
Strategy & ChangeElsewhere in T-Mobile US: 3G sunset backlash
MVNO decries 3G shutter plans; prospective merger partner makes cuts to workforce.
-
PeopleT-Mobile execs fill pockets after Sprint merger success
SEC filings show a bumper pay-day for new CEO Sievert and CFO Osvaldik. Predecessors Legere and Carter picked up sizable severance packages.
-
Products & ServicesVodacom eyeing M-PESA’s biggest money transfer yet?
M-commerce froth suggests possible eight-figure valuation for M-PESA. High-profile friends could add further appeal. Joosub showing signs of monetisation interest, possible temptation.
-
PremiumElsewhere in BT Group: O2-VM gets provisional nod
BT remains neutral as CMA clears Virgin Media–O2 deal.
-
M&Ahubraum-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.
-
M&ACMA 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.
-
M&AVodafone interest AST SpaceMobile completes merger
LEO satellite venture combines with special purpose acquisition company to fuel expansion, with eyes on going commercial with a helping hand from Vodafone. “ASTS” trading on NASDAQ. CEO Avellan unfazed by competition from SpaceX and co.
-
M&ABids expected for Telxius subsea cables
Telefónica debt reduction strategy set to extend to submarine infrastructure as buyers are sought for 100,000km cable network. Reports indicate that an agreement is wanted by mid-2021, with rough valuations standing around the €2bn mark.
-
M&ABT absorbs Local Business agent Fourfront
Reseller relationship brought in-house in small transaction. BT says no shift in strategy for SME go-to-market.
-
PeopleSchüler 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.
-
Network & InfrastructureT-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.
-
M&ATelefónica’s Cerdán has more M&A deals up sleeve
Medium-scale buyouts remain on radar for Telefónica Tech CEO. Bold talk on deal-making forming route to growth goals. Reported souring of Govertis transaction hasn’t put Telefónica off.