Vodafone Deals & M&A – Page 10
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Strategy & Change
Elsewhere in Vodafone Associates & JVs: Indus tidies IT up
Indus tidies IT up; India becomes potential early target for Vodafone’s sat venture with AST.
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Premium
United Group agrees to buy Wind Hellas
Wind Hellas to be combined with broadband and pay-TV provider Nova. Deal creates emboldened converged rival for Vodafone Greece. A new owner for Vodafone’s mobile and fibre network-sharing partner. United Group’s telecoms buying spree continues across Southeast Europe.
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M&A
Aussie antitrust tsar seeks change after TPG–Vodafone merger
Rod Sims, Chair of Australia’s competition commission, expresses “serious concerns” about market health after TPG–Vodafone merger. Sims wants bigger powers to block further anti-competitive M&A.
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Partnerships & Alliances
Vodafone NZ goes lean as it splits from Group “mothership”
Former Vodafone OpCo’s new managers say unravelling of legacy IT snarl-up remains a work in progress and “fairly challenging”. “High-performance” business reset expected to deliver big earnings lift in current FY and beyond.
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M&A
TPG puts feelers out for TowerCo deal
Australian JV conducting “preliminary market assessment” ahead of possible spin-off. Scope of monetisation would be limited by operator’s low level of site ownership. Competitors have already made moves.
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M&A
Vodafone Italy hands highways infra to INWIT JV
OpCo’s divestment bulks-up INWIT portfolio, as TowerCo continues spending spree. INWIT to equip portion of new assets with IoT capabilities in “smart road” drive. Acquisition expected to be green-lighted before end-2021.
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M&A
Vantage back in shop window as Vodafone builds revival
M&A remains a lever to help Vodafone revive growth, says CEO Read. New Chairman van Boxmeer lighting a fire under Group strategy and ambition. Another chunk of Vantage could be sold off to “like-minded” partner. Hint made of some UK deal-making in pipeline. Egyptian and Spanish assets remain in ...
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Network & Infrastructure
Vantage Towers CEO dismisses bond proxy tag
Vivek Badrinath enthuses about “exciting business model”. Sees scope for innovation and expansion through greater non-operator engagement. Always on the lookout for M&A opportunities, but existing markets take priority if going down consolidation route.
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Strategy & Change
Elsewhere 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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Premium
Rejigged tie-up could find Vodafone Egypt a home
Vodafone secures route to in-Group transfer of Egypt stake in quid pro quo deal with local partner. Kenya-esque Vodacom hand-off of Egyptian interest one possibility.
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Strategy & Change
Elsewhere 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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Strategy & Change
Elsewhere in Vodafone Partner Markets: Altice rolls into BT
MTS surfs tower spin-out wave; SoftBank boosted by digital shift and gets strategic with LEO satellite venture OneWeb.
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M&A
Vodafone 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&A
Liberty: 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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Premium
Q4 FY20–21: Vodacom turns to M&A to turbo-charge change
Fibre expansion back on as Vodacom steps up diversification plans. Operator negotiating potential strategic partnerships across infrastructure assets, as it develops own take on Vodafone’s leaner and lighter TechCo vision. South African group-within-a-group being offered greater freedom by Vodafone than increasingly tightly-controlled businesses in Europe. One question, as it ...
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Premium
Vantage 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 ...
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Products & Services
Vodacom 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.
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Strategy & Change
Safaricom: deadline for Ethiopia entry bid pushed back (again)
ECA grants Kenyan operator and other interested parties more time to consider ins and outs of Ethiopian expansion. Deadline revised for the second time in as many months. Laws blocking Safaricom from operating fintech service in country remain in place (for now).
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M&A
Vodafone 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.
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M&A
Vodafone’s Icelandic affiliate divests Hey
Sýn sells minority stake in Faroese sister company. Icelandic operator seeking cost efficiencies (in more ways than one). Partner Market relationship remains active in service and tech development.