Spain’s Telefónica has confirmed that it is to exit the Czech and Slovak Republics through the sale of its holdings in the markets to Czech investment group PPF. Telefónica said in October that it was exploring its options in the Czech Republic, as part of a wider process of withdrawal from non-core markets.
Two of the biggest cable networks in the US on Thursday agreed to a monster $45.2bn deal that will see Comcast acquire 100 per cent of Time Warner Cable. The transaction will generate approximately $1.5bn in operating efficiencies but will need to be cleared by regulatory and competition authorities.
Assurance, analytics and optimisation firm Teoco has acquired rival Aircom International for an undisclosed sum.
The struggle for control of Maroc Telecom, which has been rolling on since the start of the year, looks to be at an end. Emirates-based Etisalat signed a €3.9bn deal to acquire a controlling stake on Tuesday.
IBM on Tuesday announced that it has reached a definitive agreement to acquire The Now Factory, a Dublin-based company providing analytics software that helps communications service providers optimise their networks.
Late Monday, in the wake of a significant warning on financial losses and job cuts, Canadian vendor BlackBerry announced its intention to be acquired by a consortium led by holdings company Fairfax Financial for $4.7bn.
French group Vivendi has revealed plans to demerge its mobile operator subsidiary SFR. The group said SFR would gain greater freedom on strategy and developing partnerships as a result of the demerger.
There’s nothing like easing back into work after your summer holidays, is there? Whatever plans the Informer had for a gentle return were shattered by two of the biggest M&A announcements we’ve seen for some time. Neither depended on the element of surprise for their impact, though, as both had been much anticipated.
OSS/BSS firm Amdocs, which now positions itself as a customer experience specialist, on Wednesday announced the acquisition of network management firm Actix for $120m in cash.
In a move that has been much predicted, Microsoft has announced that it is to buy mobile device partner Nokia in a €5.44bn all cash transaction. The deal will see Nokia’s Devices & Services business transferred to the US firm as the company opens a new chapter set on “accelerating the Windows ecosystem”.
Saudi Telecom Company (STC) has entered talks with an as yet unnamed party with a view to selling its Indonesian asset – PT Axis Telekom. STC owns an 80.10 per cent shareholding directly and 3.725 per cent indirectly in Axis.
Continuing its lengthy acquisition spree, Ericsson this week entered into an agreement to acquire Canadian BSS consulting and systems integration company Telcocell.
Yahoo continued its acquisition spree on Tuesday, jumping on the micro video bandwagon with the acquisition of Qwiki. The US startup has iPad and iPhone tools that turn a user’s photos and videos into short movie montages.
Finland’s Nokia said Monday it has agreed to acquire Siemens’ entire 50 per cent stake in equipment joint venture Nokia Siemens Networks for a total of €1.7bn.
B/OSS specialist Openet on Tuesday announced the acquisition of Irish policy management firm Forkstream, for an undisclosed sum.
Nordic carrier Tele2 has agreed to sell its regional Russian mobile operation to banking group VTB for $2.4bn in cash and $1.15bn in debt.
Continuing its telco-centric spending spree, US IT solutions provider Oracle announced on Monday its intention to acquire network signalling and policy control specialist Tekelec.
Testing, measurement and security firm JDSU on Friday acquired geo-location and RAN planning specialist Arieso for $85m in cash.
Flushed with success from the acquisition of US-based Connectiv Solutions, Portuguese revenue assurance specialist WeDo is now looking for an acquisition target in Asia.
International cable operator and media company Liberty Global is in talks with Virgin Media to buy out the UK-based cable operator and mobile service provider in a deal that could shake up the UK market.