M&A

NSN sells microwave backhaul business

Wireless networking kit vendor DragonWave on Friday announced plans to acquire the microwave transport business of Nokia Siemens Networks. The price is around €15m with extras and performance related payouts potentially raising the value of the transaction to above €80m.

Interoute builds on cloud services with Quantix acquisition

European backbone network operator Interoute has strengthened its offering in the cloud services space with the acquisition of UK-based Quantix. The purchase adds managed application services to Interoute’s unified computing and managed hosting portfolio, allowing the firm to manage international customers’ database applications, including Oracle and SQL, as a cloud based service.

US politicians ask Obama to approve AT&T/T-Mobile merger

US President Barack Obama has received a letter from 15 lawmakers calling for his administration to approve the merger between AT&T and T-Mobile. The letter, put forward by member of congress Heath Shuler and 14 other Democrats, said that the proposed merger of AT&T and T-Mobile USA would help solve America’s jobs crisis by reducing unemployment, encourage private investment and promote new and innovative technologies that will drive job creation.

US DoJ moves to block AT&T/T-Mobile deal

The US department of Justice has filed a civil antitrust lawsuit in a bid to block AT&T’s proposed $39bn acquisition of T-Mobile’s US operation, claiming that the deal would “substantially lessen competition” in the US wireless sector. If successful, said Deputy Attorney General James M. Cole, the move would result in higher prices and lower quality for consumers.

Cisco spends $31m on network management suite

Networking giant Cisco is seeking to boost its service provider offering through the $31m acquisition of software developer Axioss, which specialises in network management tools.

Google to buy Motorola handset unit

Web giant Google has agreed to acquire handset vendor Motorola Mobility for $12.5bn. “The acquisition of Motorola Mobility, a dedicated Android partner, will enable Google to supercharge the Android ecosystem,” Google said.

Serbia shuns Telekom Austria bid for incumbent

The Serbian government is clearly not that motivated to offload its majority stake in incumbent carrier Telekom Srbija, having turned down the only offer for a second time. Sole bidder Telekom Austria had even increased its bid for the 51 per cent stake, yet on Friday the government called off the whole deal.

RadiSys snaps up Continuous Computing

IP networking firm RadiSys has acquired traffic management specialist Continuous Computing, to better target opportunities in the rapidly growing 3G and 4G, femtocell and Deep Packet Inspection (DPI) sectors.

NSN seals Motorola acquisition deal

Over the weekend Nokia Siemens Networks finally closed its $975m purchase of Motorola’s network infrastructure assets. The move follows China’s approval of the deal and will see NSN take on responsibility for 50 operator customers in 52 countries, as well as 6900 ex-Motorola employees.

NSN gets China clearance for Moto purchase

In what is perhaps a goodwill gesture towards the West, Chinese authorities have finally granted unconditional approval for the acquisition of Motorola’s network assets by Nokia Siemens Networks. The deal had been moving at a glacial pace since its inception in July 2010, thanks largely to the Chinese Anti-Monopoly Bureau’s (MOFCOM) reluctance to approve it.

Vodafone tightens grip on Indian assets

Mega carrier Vodafone made a surprise move on Thursday, increasing its stake in the holding company behind Indian joint venture Vodafone Essar by buying out its local partner.

Etisalat officially cools talks with Zain

UAE operator Etisalat has officially called an end to its talks with Zain, despite the fact that the latter may have found a buyer for its Saudi unit.

AT&T to acquire T-Mobile USA

Years of speculation regarding T-Mobile USA’s future ended yesterday with the surprise announcement that AT&T is to buy the embattled telco for $39bn. Rumours regarding the possible sale of T-Mobile USA have been circulating for years but almost always worked on the assumption that the telco would unite with a smaller operator, such as Sprint or, more recently, Clearwire.

VimpelCom-Wind merger gets shareholder green light

Shareholders in Russian operator VimpelCom have voted in favour of a $6bn merger with Wind Telecom SpA. Despite strong opposition from major shareholder Telenor, more than 53 per cent of voters supported a deal that will see the creation of the world’s 5th-largest mobile company by subscriber base.

France Telecom takes stake in Iraq

France Telecom has finally confirmed rumours that have been circling since December, announcing plans to take a sizeable stake in Iraqi mobile operator Korek Telecom.

Etisalat’s Zain ambitions looking uncertain

UAE operator Etisalat’s move to buy a large stake in Zain looks on shaky ground this week, after the Kharafi group, a major player in the transaction, said it was no longer committed to the deal.

Telenor in disagreement over VimpelCom-Wind deal

Telenor and VimpelCom are still slugging it out over the Russian player’s proposed acquisition of Wind Telecom, part of Egyptian billionaire Naguib Sawiris’ Weather Investments vehicle and owner of Orascom.

NSN’s purchase of Motorola’s network assets delayed

Infrastructure vendor Nokia Siemens Networks has seen its acquisition of Motorola’s network assets delayed until the first quarter of 2011. The company is still waiting for regulatory approval from the Anti-Monopoly Bureau of the Ministry of Commerce of China, which was expected to complete its review before the end of 2010.

Polls

Will regulators ever be able to catch up with the rate of change in the telco/tech industry?

  • No (75%, 36 Votes)
  • Yes (25%, 12 Votes)

Total Voters: 48

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