tag: ma

Cable and wireless

CWC acquires Columbus in Caribbean quad-play crusade

UK-headquartered international operator group Cable & Wireless Communications (CWC) has announced it has finalised its acquisition of Barbados-based telco conglomerate Columbus for $1.85 billion. However, the firm admitted it is still waiting for regulatory approval in some of Columbus’s operating markets.

BT broadband rival CityFibre submits complaint over EE bid – report

UK-based broadband infrastructure specialist CityFibre has submitted a complaint to the Competition and Markets Authority (CMA) saying BT’s proposed acquisition of EE will be anti-competitive and damage the government’s ‘ultrafast’ broadband roll-out plans, a report has claimed.

Orange logo on building

Orange confirms Cloudwatt acquisition

Orange confirmed this week the company has finalised an agreement to acquire all remaining shares of Cloudwatt, the cloud services provider it set up with the French government.

Orange logo on building

Orange to buy out Orascom in Egypt’s Mobinil

Orange has announced it has entered into an agreement to buy out Orascom Telecom Media and Technology (OTMT) in the Egyptian Company for Mobile Services (ECMS), which operates under the Mobinil brand.


Altice to acquire remaining 20% SFR shares, buys out Vivendi

French cable group Altice has announced it has made a formal bid to acquire the remaining 20% of its recently acquired subsidiary SFR’s shares from previous majority owner Vivendi. The billionaire Patrick Drahi-led company and the newly formed Numericable-SFR have made an offer to pay €40 per share.


MTN mulls Telkom move – report

MTN is looking into the possibility of acquiring a majority stake in fellow South African telco Telkom in a bid to challenge the country’s dominant provider Vodacom, a Bloomberg report has claimed.


TeliaSonera concessions clear Tele2 Norway acquisition

Nordic operator TeliaSonera has been given the go-ahead by regulators to complete its proposed acquisition of Tele2’s Norwegian assets for Swedish krona 4.5 billion on a cash and debt free basis.The approval from the Norwegian Competition Authority (NCA), however, didn’t come without some heavy concessions.

BT agrees to buy EE for £12.5bn to create a multiplay powerhouse

Things are set to get a lot more difficult for all other UK telco and content players. The country’s dominant fixed line operator and its largest mobile operator have agreed on a price for the former to buy the latter, having first announced the potential move late last year. The combined operations will have a distinct advantage in the delivery of combined communications services, generally referred to as multiplay.


Merger of O2 and 3 not an instant fix, say analysts

Following confirmation form both Hutchison Whampoa and Telefónica the two indeed are in official talks over the sale of Telefónica’s O2 to 3’s owner Hutchison, industry analysts have been quick to offer their views on how this proposed bid would affect the UK mobile market if approved. It seems it is a thorny issue.

The Mexican regulator seemed keep to get this deal through

Televisa closes Iucasell stake sale, acquires Telecable

Mexican broadcaster Grupo Televisa has acquired telco firm Telecable, the trading name of Cablevision Red, for MXN3 billion. Coinciding with the acquisition, the conglomerate also announced the closing of the sale of its 50% stake in Iucasell to the operator’s other owner Grupo Salinas.

Telstra is looking to plug into APAC for a bargain price

Telstra confirms discussions over Pacnet acquisition

Australia’s former state-owned telco, Telstra, has confirmed discussions are underway over a potential acquisition of data centre and undersea cable operator Pacnet. At this stage, the cost of any possible transaction has not been announced.

Liberty Global wants to expand in Latin America

Liberty Global set to begin LatAm acquisition spree with Choice

Liberty Global has announced that together with investment firm Searchlight, it has signed an agreement to acquire Puerto Rican Choice Cable, the territory’s second largest cable and broadband services provider. If successful in its bid, the cable giant will merge Choice with its subsidiary Liberty Cablevision Puerto Rico (LCPR).

The Danish telecoms market  faces consolidation

TeliaSonera, Telenor to combine Danish operations

Nordic operator TeliaSonera and Norway-headquartered Telenor have announced an agreement to merge their Danish operations into a joint venture, of which each party will hold 50%. The two telcos said the new company will create a robust new operator in the very competitive Danish market.


Bell targets Canadian retail boost with Glentel acquisition

The parent company to Canadian telco Bell Wireless, BCE Inc, has confirmed its intentions to acquire Glentel, a wireless and mobile product distributor and retailer. The agreement will see BCE acquire all of the issued and outstanding shares of the mobile retailer, in a deal worth approximately $670million.

Vodafone Americas to launch a US MVNO

Vodafone has eyes on Liberty Global – report

In the wake of BT’s acquisition talks with the owners of EE and O2, Vodafone is reportedly considering a bid for the cable group Liberty Global. It has been reported the mobile operator already approached LG earlier this year, but found price expectations too high.

Altice is keeping busy in the M&A space

Altice completes SFR acquisition, gets thumbs up for Virgin buy

French cable group Altice has completed its acquisition of mobile operator SFR from Vivendi for €13.66 billion. Meanwhile ARCEP, the French telecoms regulator has given the go-ahead for Altice to also acquire Virgin Mobile France.

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