M&A

Orange/Bouygues merger off as talks fail

The potential merger between French telcos Orange and Bouygues is off after months of negotiations drew to a close with no agreement in place.

Ofcom boss openly favours four operator market

In a speech Ofcom boss Sharon White has made it clear that her preference is for the UK to have four mobile network operators, which indicates she is not in favour of the O2/Three merger.

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 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 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.

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