Vodafone Venturing – Page 7
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Partnerships & AlliancesSpaceMobile lures Orange with Vodafone template
Evolving cellular broadband provider now claims association with 1.8 billion mobile accesses as commercial plans progress. FY21 results see $80m more cash spent by SpaceMobile, but with $322m still at hand to fuel 2023 first phase launch. Management assures supply chain and satellite slots secure despite global upheaval.
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M&AKKR reiterates Telecom Italia interest
Private equity giant said to have made fresh request to begin due diligence. Follows €10.8bn made in November 2021. TI remains hopeful of its own revival plan via Open Fiber merger.
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M&AIndian government urged to speed up Vi equity conversion
Debt-for-equity swap yet to go through after months in limbo. Vi said to believe completion is key to securing further investments. Move would give Indian government a 35.8% stake in Vi.
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Partnerships & AlliancesSpaceMobile steps up commercialisation plans
Confirmation of multi-launch agreement demonstrates building momentum for space-based cellular connectivity solution, despite earlier prototype delays. Satellite operators jostling for launch spots as Russian rockets are frozen out in response to Ukraine invasion. Partner and investor Vodafone set to offer seamless SpaceMobile integration, with Group CTO framing the technology ...
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M&AVodafone in talks with investors on 21% Indus stake
Group to participate in Vi’s planned capital raise. Vodafone agrees to sell 4.7% Indus stake to Bharti Airtel. Vi troubles have increased ‘trade receivables’ at Indus over several quarters.
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M&AVodafone Spain faces new challenge as MÁSMÓVIL turns to Orange
Planned JV would become biggest mobile operator in Spain with more than 20 million subscribers. Vodafone left with fewer options in Spain as two nearest rivals join forces.
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M&APrivate equity fund offers to buy TIM’s INWIT stake
Telecom Italia looks set to further slim its interest in its towers JV with Vodafone. French fund Ardian leads the consortium of prospective buyers, with a majority share of TIM’s 15.4% stake on the table.
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Partnerships & AlliancesVodafone halts partnership with Russia’s MTS
14-year Partner Markets agreement suspended in response to Ukraine war and Russian sanctions.
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Partnerships & AlliancesE.ON taps Vodafone for IoT-backed water meters
Vodafone Germany set to deploy 1,000 “intelligent” meters to detect pipe damage and conserve resources. Plug and play technology aims to hasten deployment and meet anticipated future demand.
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Partnerships & AlliancesSafaricom signs up VMware as Ethiopian cloud partner
New OpCo to use vendor’s Telco Cloud Platform to underpin network and IT functions as it sets up greenfield operation.
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M&AINWIT eyeing European towers for potential M&A
Vodafone and Telecom Italia TowerCo joint venture lays out framework for “financial flexibility”, enabling M&A when opportunities arise. CEO Giovanni Ferigo claims organic growth remains the focus, but admits interest in smaller European players. Capital allocated to enable inorganic options.
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M&AVodafone explores sale of Indus Towers stake
Group plans to use some of the proceeds to take part in Vi fundraising exercise. Bharti Airtel could buy another 4.7% stake in Indus Towers. Indus security arrangements have been modified, but TowerCo still protected from Vi weakness. In Europe, Vodafone could lose Telecom Italia as partner in ...
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Partnerships & AlliancesTPG Telecom agrees regional RAN share with Telstra
Ten-year Multi-Operator Core Network (MOCN) network-sharing agreement signed off. TPG will gain access to 3,700 Telstra cell sites within a “defined coverage zone” across regional and “urban fringe” areas in Australia. Option to extend network-sharing deal by up to ten years. TPG intends to decommission 725 mobile sites within ...
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M&AIliad makes move on Vodafone Italy
France-based Iliad Group said to have tabled an offer to Vodafone board last week. Vodafone share price gets short-lived bounce. Read’s self-styled “proactive” approach to M&A under the spotlight (again).
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Venturing & InvestmentsSafaricom energy ally Circle Gas lands big Japanese backer
Deal with conglomerate Marubeni Corporation comes with prepaid LPG startup planning to expand beyond Safaricom-supported deployment in Kenya and into new markets in Africa and Asia.
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Partnerships & AlliancesGenesys partnered for speech-based AI bot
TPG ties with Genesys and Google Cloud to launch an “upgrade” to its Vodafone TOBi chatbot. NLP integration set to improve voice channel triaging, with sales role touted in a future deployment.
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M&AVodafone under M&A spotlight in Italy, UK
Group reportedly in consolidation talks with Iliad in Italy. A potential merger with Three UK was also apparently explored. Vodafone keeps head down as rumours swirl. Read keen advocate of European in-market consolidation.
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M&AVodacom moves closer to Vodafone Egypt takeover
Vodacom gets shareholder backing for acquisition of 51% stake. Regulatory approval is still required.
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Partnerships & AlliancesVodafone Carrier Services flags stc Bahrain tie-up
Partners aim to ‘drive IP adoption’ in the Middle East. Anticipating “tremendous connectivity growth” in the region.
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Partnerships & AlliancesVodafone’s Omani partnership finally goes live
High-profile Partner Markets ally opens up services and stores. Debut comes followed prolonged setup process. Operator stresses “digital-first” credentials. Group executives welcome debut.