Telecoms Deals & M&A
All the latest insight, news and analysis on telecoms deals and M&A activity involving BT, Deutsche Telekom, Telefónica and Vodafone.
Vi mulls exit from Wi‑Fi joint venture
Indian operator goes cool on Firefly joint venture with Airtel, set up in 2015.
Telefónica receives bids for minority stake in Spanish rural FibreCo
Spanish media suggests either 45% or 49% is up for grabs.
All eyes on Read as e& acquires $4.4bn Vodafone stake
Chief Executive Nick Read ‘blindsided’ by announcement ahead of Tuesday’s annual results call.
BT Italia offloads SAP services subsidiary
BT Global continues ‘global not national’ streamlining programme with the sale of Italian IT outsourcing outfit ERPTech. €4m+ deal leaves Italia lightweight but focused.
TPG sells towers to Canadian pension fund
CEO Berroeta claims balance sheet boost is “strong outcome” for shareholders. Enterprise value set at AU$ 950m. After transaction costs and tax, TPG will bank a more modest sum of between AU$ 350m and AU$ 400m. Transaction includes 20-year master services agreement.
T-Mobile Netherlands CEO welcomes private equity owners with open arms
Abildgaard compares new strategy with that of old parent company Deutsch Telekom. Ambitious aim to turn Dutch operator into the country’s largest fibre service provider within five years. CEO makes undisclosed investment in new-look company.
Telefónica remains open to Hispam M&A
Group says it remains focused on “modulating exposure” to unpredictable regional markets. Executives will consider further deal opportunities, despite appearing much more comfortable with exposure levels. Turnaround programme launched in 2019 providing “very solid results”. Hispam still not seen as ‘core’ territory.