tag: ma

Nokia fleshes out network deployment skills with second acquisition

In an acquisition double whammy that took place at the end of last week, Nokia Networks revealed that it picked up a second company, Israel-based Nice Systems, also for an undisclosed sum. The geolocation specialist will give Nokia enhancements in the planning and optimisation of mobile networks, the company said.

Telecom New Zealand invests in app startup

Telecom New Zealand’s startup incubator, Telecom Digital Ventures, on Monday made a strategic investment in mobile application developer App La Carte. App La Carte was launched in November 2012 when its founders spotted a gap in the market for businesses and organisations prepared to pay a monthly subscription to use an easy-to-use app builder to put together their own app.

Nokia makes US acquisition

This is not something the industry has seen for a long time but Nokia Networks on Friday announced it has entered into an agreement to acquire US-based network integration and deployment specialist SAC Wireless for an undisclosed sum.

Google snaps up Songza

A battle of the beats is brewing after it emerged that Google has acquired curated mobile music service Songza for an undisclosed sum. According to various sources on the web, Google has splashed out anything between $15m and $49m on the three year old startup.

OTE makes play for Forthnet Greece

The battle for control of Greece’s leading alternative fixed line operator continues apace, with OTE joining the fray on Tuesday. The Greek carrier launched a bid of between €250-300m on a debt-free cash-free basis for the pay TV operation, Nova, which is owned by Forthnet.

Vodafone sells out of Fiji

Vodafone said Tuesday that it has struck an agreement to sell its entire 49 per cent shareholding in Vodafone Fiji to the Fiji National Provident Fund for a cash consideration of FJ$160m (£51m).

AT&T flogs America Movil stake

US carrier AT&T has offloaded an 8.27 per cent stake, worth around $5.6bn, in Latin American operation America Movil, as it seeks to fund its acquisition of DirecTV. The America Movil shares were snapped up by the company’s billionaire owner, Carlos Slim, via his holding company Inmobiliaria Carso.

Telefonica Germany opens network up to competition

In a bid to stave off antitrust concerns over its acquisition of E-Plus, Telefonica’s German operation on Wednesday announced plans to open its network up to a local MVNO and IT services firm.

Google looking to 60GHz band for connectivity?

Web giant Google has been revealed to have acquired Seattle-based wireless tech startup Alpental Technologies in a somewhat mysterious transaction. It has emerged that the deal went through in May and Google has managed to pull most of the company information, including Alpental’s website, off the internet.

Telekom Austria to acquire Macedonian fixed line player

Telekom Austria Group is to acquire 100 per cent of one of the largest cable operators in the Republic of Macedonia. Blizoo Macedonia offers TV services, broadband and fixed voice and will help Telekom flesh out its own offering in Macedonia where it operates under the Vip brand.

Dropcam acquired by Google Nest

Home security camera firm Dropcam said Monday that it has signed an agreement to be acquired by Google-owned Nest, the maker of connected home products like thermostats. The price tag is thought to run to $555m in cash.

Telecom New Zealand adds more cloud to arsenal

Telecom New Zealand on Wednesday announced that it has agreed to acquire business cloud services specialist Appserv, building on other recent acquisitions in the space and giving Telecom NZ greater leverage in the enterprise sector.

Cisco adds virtualization specialist to line-up

Networking giant Cisco is to acquire privately held Tail-f Systems, a specialist in multi-vendor network service orchestration for both traditional and virtualized networks, for $175m in cash.

Level 3 spends $5.7bn on US network

Networking specialist Level 3 Communications has agreed to make an acquisition move on US-focused enterprise networking firm tw telecom for $5.7bn. The deal values tw at approximately $7.3bn, including the assumption of approximately $1.6bn of net debt.

Apple wraps up $3bn Beats acquisition

Apple confirmed rumours on Wednesday night with an agreement to acquire subscription streaming music service Beats Music, and Beats Electronics, which makes the popular Beats headphones, founded by rapper Dr Dre.

Carphone Warehouse and Dixons to merge

UK mobile phone retailer and service provider Carphone Warehouse has agreed to merge with electronics giant Dixons, marking a push into the high street when many shops are closing down.

Telefonica makes move on Spanish pay TV provider

Spanish carrier Telefónica on Tuesday announced that it has made a €725m bid for 56 per cent of Distribuidora de Televisión Digital, a Spanish pay-TV provider that operates under the Digital Plus brand.

Etisalat offloads African operations to Maroc Telecom

Emirates-based Etisalat has signed an agreement to sell its holdings in Benin, the Central African Republic, Gabon, the Ivory Coast, Niger and Togo, to Maroc Telecom for $650m. The units all operate under the Moov brand but the agreement also covers Ivory Coast-based IT services provider Prestige Telecom.

South African mobile reseller shuts up shop

South African mobile service reseller Nashua Mobile, which trades in subscriptions for the country’s main operators, is to close operations and sell its 750,000 users to Vodacom and MTN. The company is also looking to offload its Cell C customer base to a third party.

SFR fields merger bids from Bouygues, Altice

French conglomerate Vivendi was on Thursday fielding two competing bids for France’s second largest mobile operator, SFR. Both Bouygues Telecom and French cable operator Altice submitted merger offers.


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