M&A

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.

Astellia acquires Ingenia Telecom

Network intelligence firm Astellia has acquired Ingenia Telecom, a mobile network monitoring and analysis firm, for an undisclosed sum.

Rakuten pays out $900m for Viber

Japanese conglomerate Rakuten, owner of online retailer Play.com, has acquired popular over the top messaging and VoIP developer Viber for $900m.

Comcast picks up Time Warner cable for $45bn

Two of the biggest cable networks in the US on Thursday agreed to a monster $45.2bn deal that will see Comcast acquire 100 per cent of Time Warner Cable. The transaction will generate approximately $1.5bn in operating efficiencies but will need to be cleared by regulatory and competition authorities.

Teoco buys up Aircom

Assurance, analytics and optimisation firm Teoco has acquired rival Aircom International for an undisclosed sum.

Telefónica confirms Czech exit with sale to PPF

Spain’s Telefónica has confirmed that it is to exit the Czech and Slovak Republics through the sale of its holdings in the markets to Czech investment group PPF. Telefónica said in October that it was exploring its options in the Czech Republic, as part of a wider process of withdrawal from non-core markets.

Etisalat to win control of Maroc Telecom

The struggle for control of Maroc Telecom, which has been rolling on since the start of the year, looks to be at an end. Emirates-based Etisalat signed a €3.9bn deal to acquire a controlling stake on Tuesday.

IBM to acquire The Now Factory in big data telecoms play

IBM on Tuesday announced that it has reached a definitive agreement to acquire The Now Factory, a Dublin-based company providing analytics software that helps communications service providers optimise their networks.

BlackBerry to be acquired by Fairfax for $4.7bn

Late Monday, in the wake of a significant warning on financial losses and job cuts, Canadian vendor BlackBerry announced its intention to be acquired by a consortium led by holdings company Fairfax Financial for $4.7bn.

Vivendi reveals plans to demerge SFR

French group Vivendi has revealed plans to demerge its mobile operator subsidiary SFR. The group said SFR would gain greater freedom on strategy and developing partnerships as a result of the demerger.

Amdocs buys Actix in $120m deal

OSS/BSS firm Amdocs, which now positions itself as a customer experience specialist, on Wednesday announced the acquisition of network management firm Actix for $120m in cash.

Microsoft takes on Nokia devices in €5bn deal

In a move that has been much predicted, Microsoft has announced that it is to buy mobile device partner Nokia in a €5.44bn all cash transaction. The deal will see Nokia’s Devices & Services business transferred to the US firm as the company opens a new chapter set on “accelerating the Windows ecosystem”.

Saudi Telecom to offload Indonesian unit

Saudi Telecom Company (STC) has entered talks with an as yet unnamed party with a view to selling its Indonesian asset – PT Axis Telekom. STC owns an 80.10 per cent shareholding directly and 3.725 per cent indirectly in Axis.

Ericsson buys Canadian BSS specialist

Continuing its lengthy acquisition spree, Ericsson this week entered into an agreement to acquire Canadian BSS consulting and systems integration company Telcocell.

Yahoo continues buying spree with Qwiki purchase

Yahoo continued its acquisition spree on Tuesday, jumping on the micro video bandwagon with the acquisition of Qwiki. The US startup has iPad and iPhone tools that turn a user’s photos and videos into short movie montages.

Nokia buys Siemens out of NSN for €1.7bn

Finland’s Nokia said Monday it has agreed to acquire Siemens’ entire 50 per cent stake in equipment joint venture Nokia Siemens Networks for a total of €1.7bn.

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