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.

AT&T set to continue Mexico expansion with Nextel acquisition

AT&T has announced it has entered into an agreement with NII Holdings to acquire its subsidiary Nextel Mexico for approximately $1.88 billion (less outstanding net debt). The move, which will increase AT&T’s Mexican subscriber base by three million if approved, comes shortly after the US telco completed its Iusacell buy.

Liberty Global set to begin LatAm acquisition spree with Choice

Liberty Global has announced that together with investment firm Searchlight, it has signed an agreement to acquire Puerto Rican Choice Cable, the territory’s second largest cable and broadband services provider. If successful in its bid, the cable giant will merge Choice with its subsidiary Liberty Cablevision Puerto Rico (LCPR).

Telefónica acquisition of E-Plus gets conditional all-clear

The European Commission has announced the conditional approval of Telefónica’s bid to acquire German operator E-Plus, almost a year after the deal was first announced, which will result in the merger of Germany’s third and fourth-largest operators and reduce the total number of operators in the country to three.

Vodafone pulls out of Greek merger

Vodafone Group has confirmed that it has abandoned its plans to merge its operations in Greece with local operator Wind Hellas, citing the uncertainty around the Greek market as a key reason.

Polls

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