Telekom Austria is to acquire 100 per cent stakes in the Bulgarian cable operators Megalan Network AD and Spectrum Net AD through its Bulgarian subsidiary M-Tel. Telekom Austria will pay €83m for the stakes.
Parables and Parallels
With London’s 2012 Olympic Games weeks away, The Informer has been taking some time to read up on its history, and it seems that parallels can be drawn in the telecoms industry with the times that the Olympians first battled it out in Ancient Greece.
Prey turns predator as European mobile consolidation takes hold
Late last week, Hutchison 3G Austria (3) finally announced the acquisition of Orange Austria in a deal valued at around €1.3bn. The market share of the newly-enlarged operator will reach around 22 per cent of total customers. This is more than double the market share of any other subsidiary of the 3 Group in Europe, but still places the operator a distant third to T-Mobile (~32 per cent) and Telekom Austria (~46 per cent) in a market that has effectively been reduced to just three players. The market had already been whittled down from five players to four in 2006 when T-Mobile Austria acquired tele.ring.
NSN sells microwave backhaul business
Wireless networking kit vendor DragonWave on Friday announced plans to acquire the microwave transport business of Nokia Siemens Networks. The price is around €15m with extras and performance related payouts potentially raising the value of the transaction to above €80m.
Bulgaria looking for fourth 3G licensee
Bulgarian communications regulator the CRC has issued a tender for a fourth 3G licensee in the country. Prospective bidders will be allowed to submit applications for the UMTS licence until November 14, with the award due to take place December 7. The licence will be valid for 15 years and will consist of 2 х 15MHz blocks of FDD spectrum in the 2GHz band.
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