Vodafone has agreed to acquire a majority holding in Greek fixed line operation Hellas Online. The company will purchase 72.7 per cent of the share capital from Intracom Group and World Equities Investments for €72.7m. Vodafone Greece already holds 18.5 per cent of Hellas Online, with the most recent transaction taking its ownership to 91.2 per cent.
European carrier Telefónica has cleared the final regulatory hurdle ahead of its acquisition of E-Plus from Dutch operator group KPN. The European Commission has confirmed that the previously announced agreement with Drillisch complies with the agreed upfront conditions.
Investment fund Essar Group has reached an agreement to offload its Kenyan telecom business to African carriers Safaricom and Airtel for $120m.
The landgrab for Internet of Things (IoT) assets continues with Samsung buying up a ready made IoT community and ecosystem in the form of SmartThings.
Network performance specialist Empirix has acquired real-time analytics firm Verios Software & Systems for an undisclosed sum. Combining the two product suites, Empirix said it aims to create a service operation centre management suite that will analyse and troubleshoot wireless network customer experience from end-user devices to the core network in real time.
Semiconductor firm Avago Technologies has struck a deal to sell on a networking business to Intel in an almost back to back transaction. The deal in question will see the US chip firm pick up LSI’s Axxia Networking Business and related assets for $650m in cash.
US carrier Sprint is understood to have called off its courtship of T-Mobile USA and is preparing to go it alone. Only two months ago the widely expected deal was thought to be nearing completion, with those in the know putting the price tag for T-Mobile at around $31bn, creating an operator with the same scale as market leaders Verizon Wireless and AT&T.
Telefónica and its Brazilian subsidiary on Tuesday submitted an offer to merge with Brazilian ISP Global Village Telecom (GVT) for around €6.7bn and a 12 per cent stake in the share capital of the new entity. GVT is owned by French conglomerate Vivendi.
Swedish vendor Ericsson on Tuesday agreed to acquire US-based MetraTech, a provider of metadata-based billing, commerce and settlement tools. Financial details were not disclosed but the acquisition is not telecom specific. Ericsson said MetraTech’s billing suite is adaptable to multiple business models and industries, extending the company’s presence into other key markets, including transport and utilities.
UK-based media empire BSkyB created a multinational pay TV business on Friday with the £4.9bn acquisition of Sky Italia and a 57.4 per cent stake in Sky Deutschland. The move puts Sky in a leading position in the pay TV market in the UK, Italy and Germany.
Internet company Yahoo has confirmed the acquisition of mobile analytics specialist Flurry as it seeks to reinforce its commitment to “building and supporting useful, inspiring and beautiful mobile applications and monetisation solutions.”
Indian operator group Bharti Airtel on Tuesday sold its majority stake in local manufacturing and distribution operation Beetel to US-based wireless logistics and distribution firm Brightstar for an undisclosed sum.
US satellite operator Dish Network has submitted an official filing with regulator the FCC, expressing concerns over two of the biggest proposed mergers on the table in the US market at present. Dish wants the pending Comcast and Time Warner Cable, and AT&T and DirecTV deals to go under the microscope.
In news that will come as no great surprise, Nordic carrier group Tele2 on Monday agreed to sell its Norwegian business to TeliaSonera for an SEK5.1bn (€500m). It’s been known the company was mulling an exit from the market after failing to win any spectrum in an auction late last year.
In an acquisition double whammy that took place at the end of last week, Nokia Networks revealed that it picked up a second company, Israel-based Nice Systems, also for an undisclosed sum. The geolocation specialist will give Nokia enhancements in the planning and optimisation of mobile networks, the company said.
Telecom New Zealand’s startup incubator, Telecom Digital Ventures, on Monday made a strategic investment in mobile application developer App La Carte. App La Carte was launched in November 2012 when its founders spotted a gap in the market for businesses and organisations prepared to pay a monthly subscription to use an easy-to-use app builder to put together their own app.
This is not something the industry has seen for a long time but Nokia Networks on Friday announced it has entered into an agreement to acquire US-based network integration and deployment specialist SAC Wireless for an undisclosed sum.
A battle of the beats is brewing after it emerged that Google has acquired curated mobile music service Songza for an undisclosed sum. According to various sources on the web, Google has splashed out anything between $15m and $49m on the three year old startup.
The battle for control of Greece’s leading alternative fixed line operator continues apace, with OTE joining the fray on Tuesday. The Greek carrier launched a bid of between €250-300m on a debt-free cash-free basis for the pay TV operation, Nova, which is owned by Forthnet.
Vodafone said Tuesday that it has struck an agreement to sell its entire 49 per cent shareholding in Vodafone Fiji to the Fiji National Provident Fund for a cash consideration of FJ$160m (£51m).