Eurobites: MegaFon extends VoLTE services across Russia
Also in today’s EMEA regional round-up: Inmarsat accelerates the L-band; Finnfund boosts connectivity in Africa; it’s time we took a ‘woliday’.
Telecoms.com
acquisition
Iliad-UPC tie-up will make Poland a market to watch
Iliad is making good on its ambitions to enter the Polish fixed-line market, making an offer for number two player UPC worth the best part of US$2 billion.
Microsoft is close to acquiring Nuance for $16 billion – Updated
Microsoft is reported to be in advanced talks to buy speech recognition company Nuance Communications for $16 billion, which would be Microsoft’s second largest acquisition ever.
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.
Trump expects Microsoft to pay Treasury for privilege of buying TikTok
President Donald Trump has often shown a tenuous grasp of how the economy works, but this is an interesting statement.
Strategy divergence appears at Microsoft with TikTok acquisition talks
Microsoft has confirmed it is currently in discussions with ByteDance to acquire TikTok operations in the US, Canada, New Zealand and Australia.
Bidding war for Brazil’s Oi begins to emerge
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.
US firm swoops into Brazil with Oi bid
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.
Chip maker Analog Devices acquires Maxim for $20.9 billion
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.
Tencent acquires the ‘Netflix of Asia’
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 spends $1.8bn to buy its way back into relevance
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.
As MasMovil becomes latest acquisition target, are more takeovers on the horizon?
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 expands tower empire to Ireland
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.
Jio carves out space for yet another US investor
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.
Reliance Jio signs a third deal to add another $1.5bn to its bank account
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.
Why is Google so interested in Fitbit?
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 surges on takeover rumours
Nokia share price has jumped more than 10% following rumours the equipment vendor could be the target of a hostile takeover.
CityFibre completes £200mn FibreNation acquisition
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.
FTC starts turning the screw on Big Tech
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 finds another €800m to expand tower empire into Portugal
Cellnex has expanded its European footprint once again through the acquisition of Omtel, taking the infrastructure giants into the Portuguese market.
Events
Future Enterprise Networks: Private 5G and Edge
- 15-15 June 2023
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NGON
- 21-22 June 2023
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Bringing value to private networks – Digital Symposium
- 13-13 September 2023
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In case you missed it, the king of tech firms @Apple has made its long-anticipated entrance to the AR/VR/XR field w hhttps://t.co/EpqJuV98Qj
10 June 2023 @ 13:05:09 UTC
Commissioner Breton has publicly called for EU countries to accelerate their replacement of high risk vendors from hhttps://t.co/DOTi9PhwY1
10 June 2023 @ 11:20:10 UTC
A national strike of Italy's entire telecoms sector on Wednesday recorded participation levels of 80%, the country' hhttps://t.co/o2hqHaRzV8
10 June 2023 @ 09:15:10 UTC