Nordic operator TeliaSonera and Norway-headquartered Telenor have announced an agreement to merge their Danish operations into a joint venture, of which each party will hold 50%. The two telcos said the new company will create a robust new operator in the very competitive Danish market.
Australia’s former state-owned telco, Telstra, has confirmed discussions are underway over a potential acquisition of data centre and undersea cable operator Pacnet. At this stage, the cost of any possible transaction has not been announced.
Liberty Global has announced that together with investment firm Searchlight, it has signed an agreement to acquire Puerto Rican Choice Cable, the territory’s second largest cable and broadband services provider. If successful in its bid, the cable giant will merge Choice with its subsidiary Liberty Cablevision Puerto Rico (LCPR).
The parent company to Canadian telco Bell Wireless, BCE Inc, has confirmed its intentions to acquire Glentel, a wireless and mobile product distributor and retailer. The agreement will see BCE acquire all of the issued and outstanding shares of the mobile retailer, in a deal worth approximately $670million.
In the wake of BT’s acquisition talks with the owners of EE and O2, Vodafone is reportedly considering a bid for the cable group Liberty Global. It has been reported the mobile operator already approached LG earlier this year, but found price expectations too high.
French cable group Altice has completed its acquisition of mobile operator SFR from Vivendi for €13.66 billion. Meanwhile ARCEP, the French telecoms regulator has given the go-ahead for Altice to also acquire Virgin Mobile France.
Operator group Orange said Tuesday it has made a cash offer for 100 per cent of Spanish carrier Jazztel, to the tune of €3.4bn.
Amsterdam-based carrier group VimpelCom and its investment vehicle Global Telecom Holding said Tuesday they have agreed to exit the Canadian market. The companies will offload their stake in Wind Canada to the controlling shareholder of the operator for C$135m.
German internet service provider United Internet this week signed an agreement with private equity firm Kohlberg Kravis Roberts to acquire all outstanding shares of network operator Versatel for €586m in cash.
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.
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.
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.”