All Mergers and Acquisitions (M&A) articles – Page 44
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M&ADrahi cites Brexit for BT swoop
Co-founder of Altice telecoms group pays UK government ministers a visit about newly acquired 12.1% BT stake. Claims Brexit and relatively low FTTP rollout makes UK ripe for investment. Some in BT reportedly think overtures to government might be part of a grand takeover plan.
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M&ATelefónica Tech preps for part-sale
Long-mooted divestment plan appears close to initiation, with reports indicating private equity interest. Division not the big-hitter it once claimed to become, but hoping to draw punters through M&A and partnerships. Downsized ambition and reset scope remind of last decade’s Telefónica Digital, where grand ambition faded away.
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Strategy & ChangeElsewhere in Vodafone Associates & JVs: ACCC says ‘I told you so’
ACCC says ‘I told you so’ over TPG merger’s impact on competition.
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Strategy & ChangeElsewhere in Openreach: fibre rollout crosses Forth Road Bridge
Altice impact on Openreach future yet to be seen; full-fibre rollout crosses the Forth Road Bridge.
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M&ADT-backed Innovid agrees SPAC merger
Legacy T-Venture enters “definitive agreement” to combine with special purpose acquisition vehicle. Trading name to remain “Innovid”. Advertising technology player eyeing further M&A opportunities to fuel growth.
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M&AMurdoch’s News UK steps away from BT Sport talks
News UK has pulled back from talks with BT regarding a partnership for the sports broadcasting business. Discovery and ITV said to remain in contention, with DAZN seemingly the keenest of the bunch.
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Strategy & ChangeElsewhere in Deutsche Telekom Group: BT and DT’s uninvited co-pilot
BT and DT gain uninvited new co-pilot; DT’s tooz and Adidas become running buddies.
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PremiumBT pays hefty price for full possession of OnePhone
Swedish business’s 30% holding given a near-nine-figure price tag. Purchase coincides with OnePhone champion taking helm at new Enterprise unit.
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PremiumAGCM initiates probe into BT Italia divestment
Italy’s competition watchdog examining ins and outs of BT’s deal with TIM. Concern from competitors as TIM seeks to consolidate market position. BT to retain a presence in the country whatever the outcome.
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PremiumElsewhere in BT Group: VM-O2 challenge emerges
Virgin Media O2 challenge gets real; Dundee offices set to take 1,000 staff; government-backed broadband schemes under the spotlight.
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Strategy & ChangeElsewhere in Vodafone Europe: Unitymedia nearly integrated
German Unitymedia integration near completion; VfUK continues to target SME market with cybersecurity and data packages.
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M&ABT’s uninvited new co-pilot: what’s Drahi’s mission?
Altice buys minority stake but claims no intention of full-fledged takeover. Seeks to support BT’s strategic fibre, for which Drahi has genuine zeal. BTwatch explores industrial logic and financial machinations behind move.
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ProfileWhich Drahi has BT got itself entangled with?
Altice empire expands into UK. Drahi: a fibre visionary or ruthless financer? Does BT investment represent change of tack by rapacious wheeler-dealer?
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M&AIn detail: Liberty and Telefónica’s VM-O2 pre-nup
Three-year wait expected before a potential IPO of new joint venture, while both parties expected to remain involved in the business for at least five years. Telefónica reserving its right to go it alone in UK on IoT, cloud, and cybersecurity services. Liberty to get a board presence at ...
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M&AVodafone Turkey buys into enterprise IT specialist FGS
OpCo takes 50% share of business services provider and frames deal as reflecting Vodafone’s march into “TechCo” territory. FGS products to be launched in Vodafone markets outside Turkey.
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M&ADeutsche Telekom smart-buildings partner snapped up
2017 “strategic” investment offloaded by Group. Netherlands’ Planon to subsume Axonize’s IoT platform into wider facilities management product and services suite.
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M&ABT quietly divests Boingo Wireless interest
Telco offloads small minority stake in Boingo. US wireless internet service provider recently subsumed by Digital Colony.
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Strategy & ChangeMovistar reboots investment unit for expansion
Telefónica’s audio-visual management company Contenidos has been repurposed as Telefónica España Filiales. New unit takes on a broader remit in apparent bid to grow its portfolio, moving away from multimedia focus. Holdings mapped out, with some recent changes.
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M&ALiberty: VodafoneZiggo-Telenet merger not in pipeline
Group partner CEO rules out near-term merger. How Liberty and Vodafone’s Dutch JV will evolve remains unclear, with shareholders facing various M&A options. Liberty keen to pursue pathway that suits both parties.
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M&ATelxius completes European tower sale
Telefónica handed regulatory go-ahead for tower divestment, with German and Spanish sites handed to American Tower. Latin American portion to follow next year, pending approval. Submarine cables also up for grabs, with first bids reportedly received.