Cellnex reportedly offers part of its business to DT in exchange for towers
According to Reuters tower firm Cellnex has offered German operator Deutsche Telekom a stake in its business as a further incentive to sell it its tower division.
Telecoms.com
M&A
Telenor and Axiata get Malaysia merger green light but with conditions
Telenor and Axiata Group have received regulatory approval for their proposed merger in Malaysia, which they now expect to complete in the second half of this year.
Digital 9 Infrastructure to acquire 48% stake of Arqiva
Investment firm Digital 9 Infrastructure has agreed the terms of an acquisition of a 48% voting stake in UK network and communications infrastructure firm Arqiva Group.
Rogers and Shaw ink C$2.85 billion deal for Freedom
Canadian telcos Rogers and Shaw have inked a deal for the sale of the latter’s Freedom Mobile arm, a move they hope will give them the freedom to push ahead with their merger plan.
Telus to buy LifeWorks for $2.3 billion
Canadian operator Telus will also take on $600 million in debt to purchase healthcare firm LifeWorks, claiming the move ‘accelerates Telus Health’s vision of employer-based healthcare.’
Twitter reportedly set to make concession to Musk
US social media giant Twitter is reportedly going to finally meet would-be acquirer Elon Musk’s demands for more data, but it might not be quite what he has in mind.
Musk set to bail on Twitter deal
In a new SEC filing, Elon Musk claims Twitter’s refusal to provide him with the user data he wants provides grounds for termination of the merger agreement.
Broadcom swoops for VMware in $61 billion deal
Chip and component manufacturer Broadcom has agreed to pay a whopping $61 billion a cash and stock transaction for cloud services firm VMware, and will also assume $8 billion of its net debt.
Altice’s BT investment faces national security probe
The UK government is feeling twitchy about billionaire Patrick Drahi’s 18 percent stake in operator group BT.
Amdocs to acquire Mycom OSI for $188 million
Israeli telecoms software firm Amdocs has agreed to buy UK based Mycom OSI, which specialises in cloud-native assurance applications for 5G networks and wireline operator networks.
The Musk Twitter saga hits an impasse
Billionaire Elon Musk is unconvinced by claims that less than 5% of Twitter users are fake or spam and seems set to abandon his acquisition bid.
Voda-Three merger is the rumour that refuses to die
Rumours of a possible merger between Vodafone and Three UK were beginning to wilt a bit, so they have been freshened up again with some new ones.
BT Sport gets a new lease of life with Warner Bros Discovery deal
BT has inked a joint venture deal with Warner Bros Discovery to merge their respective sports content offerings into a new entity, but they have yet to make a call on a new brand.
Informa CEO Stephen Carter to join the Vodafone board
Stephen Carter, the head of business information giant Informa, will become a non-executive director of UK telco group Vodafone in a few weeks.
Telefónica Tech bolsters Microsoft relationship with BE-terna buy
Telefónica has high expectations this year for its acquisitive Tech division, and Microsoft looks set to play an important role in fulfilling them.
Canadian competition body looks to block Rogers, Shaw merger
The proposed tie-up between Rogers Communications and rival Shaw is under threat, with Canada’s Commissioner of Competition having indicated he intends to block the deal.
TIM CEO upbeat on imminent fibre merger despite delays
The boss of Italian telco TIM will soon broker a deal to merge its fibre network assets with those of rival Open Fiber, but admits it has not been smooth sailing.
The inevitable Musk Twitter backlash gets off to a faltering start
Those who would dictate the parameters of public discourse are unhappy Twitter is being acquired by someone they can’t control.
KT Cloud could be worth $2 billion
KT is reportedly mulling selling off a chunk of its recently-created cloud business, a move that could value the unit as a whole at US$2 billion.
Shareholders approve Italian broadband merger
Shareholders of Italian broadband providers Tiscali and Linkem have approved their merger plan, paving the way for completion of the deal later this year.
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