All Mergers and Acquisitions (M&A) articles – Page 7
-
M&A
American Tower offloads property assets in Australia and New Zealand
American Tower continues its retreat from the Asia/Pacific region with the sale of property assets in Australia to Waveconn and in New Zealand to Connexa, following its exit from India.
-
Strategy & Change
Tower group SBA wants ‘visibility’ before voyaging into foggy Europe
Eurosceptic tower group plays down the prospect of any dealmaking to give it a regional presence, saying its M&A focus is on strengthening businesses within its existing footprint.
-
Network & Infrastructure
UK fibre reality check evident in pullback
Compilation of FibreCo plans shows retrenchment in forward planning, reflecting recent financing constraints. With extreme overbuild scenarios, further consolidation looks inevitable. Learn more…
-
M&A
América Móvil’s Slim nibbles another slice of BT
Interests linked to the Mexican magnate have added another percentage point to the single-figure-stake they acquired in BT in June, taking the operator’s foreign telco ownership beyond 40%.
-
M&A
Virgin Media O2 gears up for £1bn NetCo stake sale — report
Operator reportedly aiming to offload at least 20% stake in fledgling NetCo, with several infrastructure, private equity, and pension funds taking interest.
-
M&A
Cellnex Portugal snaps up extra sliver of NOS tower estate
Tower operator moves to acquire further masts from NOS following major 2020 acquisition and site access deal.
-
M&A
Telefónica, Asterion ‘pick out top suitors’ for data centre sale
Pair said to have selected Goldman Sachs, Igneo Infrastructure Partners, and Wren House among candidates for purchase of data centre player Nabiax.
-
M&A
UK’s Arcus buys Polish fibre challenger
London-based infra investor takes control of FixMap, a prolific roller-upper of smaller fibre players in the country, run by a former exec of incumbent Orange Poland.
-
M&A
Colombia’s Claro ‘backs Telefónica–Tigo merger’ to shake up market
Operator gives blessing for Telefónica Colombia and Tigo to merge operations, adding to calls for change in Colombia’s challenging telecoms environment. Read more…
-
Financial & Performance
DT re-opens to European M&A ahead of strategy refresh
Q2 FY24: Regional giant suggests all the deal-making action will not just focus on its dominant, fast-growing American business when it lays out a new medium-term strategy in a few weeks’ time…
-
M&A
EQT and Eutelsat discuss ‘innovative’ satellite ground infraco
Aim is to create a “pure-play, operator-neutral” ground station business initially worth €790m.
-
Strategy & Change
India’s Bharti steps in as BT’s new largest shareholder
BT Group reunited with 1990s partner, but this time as junior, with new India connection talked up. Investment anchored as ‘vote of confidence’ in CEO Allison Kirkby’s strategy. Road to regulatory approval appears relatively smooth. More on Altice retreat…
-
M&A
Telefónica firms up MásOrange 5G spectrum buy — report
Group said to have finalised terms to acquire 3.5GHz spectrum from newly-merged operator as part of post-merger asset fine-tuning.
-
Financial & Performance
Telefónica remains confident of Peruvian FibreCo approval in 2024
Q2 FY24: Group management still expecting creation of new FibreCo by the end of the year. Telefónica Infra reaches 23 million premises passed with fibre by end of June 2024, and keeps up pace required to reach longer-term goals. Read more…
-
M&A
Brazil’s Vivo keeps watch on digital M&A opportunities
Q2 FY24: Telefónica’s Brazilian operating business continues to analyse opportunities to expand its digital B2B service portfolio in cloud, cybersecurity, and IoT.
-
M&A
Australia’s TPG puts fibre back on the table in new Vocus talks
Macquarie-backed fibre operator Vocus in early talks with TPG Telecom as fibre assets put back on the table…
-
Financial & Performance
INWIT expects Italian consolidation to unlock 5G spend
INWIT sees brighter future for mobile operator infra investment in Italy after dust settles on M&A activity as the TowerCo reported “resilient” Q2 results.
-
Financial & Performance
T-Mobile has ‘little appetite’ for further fibre deals, for now
CEO Mike Sievert says T‑Mobile remains open minded but indicates that there are no current plans to bulk up fibre diet.
-
M&A
Telefónica heads for Colombian exit with Millicom deal
Group set to further reduce its presence in Latin America with sale of stake in Colombian operating business to Millicom.
-
M&A
Vodafone Spain partners Telefónica on second FibreCo in two weeks
Telefónica España and Vodafone Spain to create joint FibreCo with a 3.5 million premises footprint, as Telefónica shores up wholesale revenue and Vodafone continues infra retreat.