Brazil to lose MNO as Oi selects rivals for acquisition
Brazilian telco Oi has selected its trio of rivals as the acquirers of its mobile business unit, signalling competition in the market is about to shrink.
Brazilian telco Oi has selected its trio of rivals as the acquirers of its mobile business unit, signalling competition in the market is about to shrink.
President Donald Trump has often shown a tenuous grasp of how the economy works, but this is an interesting statement.
Microsoft has confirmed it is currently in discussions with ByteDance to acquire TikTok operations in the US, Canada, New Zealand and Australia.
Telecom Italia, American Movil and Telefonica have renewed a joint effort to purchase Oi’s mobile business unit after being outbid by US private equity firm Colony Capital.
It’s three domestic rivals might have teamed up to buy out the competition, but it appears US private equity firm Colony Capital sees potential in the Brazilian telecoms market.
The all-stock transaction will value Analog Devices at more than $68 billion, though crucially, it offers the firm a bigger footprint in the automotive and data centre semiconductor segments.
Iflix, dubbed the ‘Netflix of Asia’, has been acquired by Hong Kong-based Tencent, as the firm takes another step towards its dream of becoming the streaming giant of South East Asia.
Zynga has announced the purchase of Turkish mobile games developer Peak for $1.8 billion, skyrocketing share price at a firm credited with being one of the first to break the mobile gaming sector.
KKR, Cinven and Providence have combined forces to buy Spanish telco MasMovil, but with depressed share prices and regulatory opinions shifting, it could just be the first corporate transaction.
Phoenix Tower International has announced an agreement to purchase 650 wireless towers from Irish telco eir, expanding its infrastructure footprint to a new European nation.
It seems the US moneymen have a taste for Indian connectivity as General Atlantic becomes the fourth third-party firm to invest in the money-making machine which is Jio Platforms.
Vista Equity Partners has become the third-largest investor in Reliance Platforms, purchasing a 2.32% equity stake in the disruptive business for $1.5 billion.
In early November, Google announced it was acquiring Fitbit for $2.1 billion, a transaction which has polarised opinion. But why is Google interested in a faltering wearables brand?
Nokia share price has jumped more than 10% following rumours the equipment vendor could be the target of a hostile takeover.
With TalkTalk shareholders approving the sale of FibreNation to CityFibre for £200 million, the wholesale infrastructure challenger has increased its rollout target to 8 million premises.
The Federal Trade Commission (FTC) has issued Special Orders to five of the technology industry’s biggest hitters as it takes a more forensic look at acquisition regulation.
Cellnex has expanded its European footprint once again through the acquisition of Omtel, taking the infrastructure giants into the Portuguese market.
Brookfield Infrastructure has continued its Christmas spending spree with the acquisition of Cincinnati Bell for $2.6 Billion.
The Electronic Frontier Foundation (EFF) has officially made its stance over the sale of the valuable .ORG domain registry to private equity firm Ethos Capital.
Google has announced it has entered into a definitive agreement to acquire wearables brand Fitbit as it further explores its options in the hardware segments.
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