merger

Consolidation is coming in the European telco space – Orange

While consolidation has been king in the world of the internet and the communications networking vendor market, the same trends have not been seen to date in the telecom operator space. Not for long according to Orange’s Deputy CEO Gervais Pellissier.

Nokia shareholders approve Alcatel-Lucent takeover

Shareholders in Nokia ‘overwhelmingly’ supported the proposed acquisition of Alcatel-Lucent at an EGM and the completion is now a formality of meeting minimum acceptance or tender conditions.

TeliaSonera and Telenor pull out of Danish merger

he merger of the Danish business units of TeliaSonera and Telenor, which was announced in December 2014, had been abandoned following the failure to come to an agreement with the European Commission.

Hutchison and Telefónica confirm O2 acquisition

Consolidation is the new black in the UK mobile market, as Telefónica has confirmed the sale of O2 to Hutchison Whampoa, the owner of Three. The deal, valued at £10.25 billion, is expected to be completed by mid-2016, and will see the formation of the UK’s largest mobile operator.

Telecom Italia set to buy out broadcasting division

Telecom Italia has announced it is planning to buy out its media division of which it already owns 78%. The telco said the incorporation of Telecom Italia Media (TI Media), which has been publicly traded for over a decade, has been approved by board members on the basis of simplifying and rationalising the group structure.

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