merger and acquisitionRSS

Deutsche Telekom submits final offer for MetroPCS

Deutsche Telekom has submitted what it says is a final offer for US operator MetroPCS

German operator group Deutsche Telekom has submitted what it says is a final offer for US operator MetroPCS. The firm hopes to persuade a number of MetroPCS’s shareholders that voiced objections to the terms of the initial bid.

TeliaSonera holds on to Yoigo

TeliaSonera will continue developing its Spanish subsidiary Yoigo

Swedish operator group TeliaSonera will retain its Spanish subsidiary Yoigo as it has not received a suitable offer for the business from prospective buyers, the firm has said.

After sales, service

A while ago I was told by an executive from one of the big network equipment vendors that he had seen proof that a Chinese competitor was spoofing network performance in a competitive trial to try and win business. One conclusion can be drawn from this accusation, valid or not: Things are getting desperate in the infrastructure supply sector. Falsifying performance data would be a drastic act, after all—but then so would slandering the opposition.

Two-thirds in favour of greater MNO consolidation

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Almost two thirds of the industry believes that greater consolidation is needed among mobile operators, with support emerging for the concept of single network markets, according to the latest research from Telecoms.com Intelligence.

Lay your bets

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Bengt Nordstrom, founder of industry consultancy NorthStream, shares a series of predictions for the mobile industry in 2013. In this second instalment he suggests that European regulators will become more open to consolidation among operators, helping to revitalise the European market.

Ericsson builds B/OSS bulk with ConceptWave acquisition

Ericsson now claims to have the industry's leading B/OSS portfolio

Swedish vendor Ericsson, which leads the infrastructure supply and service market has announced the acquisition of Canadian B/OSS provider ConceptWave. The price paid in the all-cash deal for the firm, which has 170 staff, was not revealed.

Lack of interest scuppers KPN’s Base sale

KPN is looking to streamline in the face of challenging market conditions

Dutch incumbent KPN has called off the sale of its Belgian subsidiary Base after failing to receive a high enough offer. The firm said Wednesday morning that the sale was discontinued because “current difficult market conditions are reflected in unsatisfactory non-binding offers for Base.” KPN announced plans to sell the operation in June. It is also looking to divest German operation E-Plus.

TeliaSonera boosts presence in Kazakhstan

TeliaSonera boosts its presence in Kazakhstan

International operator TeliaSonera has announced that it is to acquire Alem Communications, a WiMAX operator in Kazakhstan, for $170m. Stockholm-headquartered TeliaSonera, which has an extensive footprint in Eastern Europe, already holds the leading position in the Kazakh cellular market through its local subsidiary Kcell (GSM Kzakhstan).

AT&T to buy NextWave

This time around AT&T has set its sights on a far smaller fish

US operator AT&T has announced that it is to acquire NextWave Wireless, which holds spectrum licences in the US AWS and WCS bands. AT&T will pay $650m NextWave, $600m of which covers NextWave’s debt.

Vimpelcom to exit Vietnam

Vimpelcom is exiting Vietnam following a write down of assets

International operator VimpelCom is to exit the Vietnamese mobile market, selling its 49 per cent share of fifth placed mobile operator Gtel Mobile for $45m. VimpelCom, which is headquartered in The Netherlands, said the stake would be bought by GTEL Transmit and Infrastructure, “a related party” of Vimpelcom’s local partner, Gtel.

Hutchison to buy Orange Austria

This round of consolidation will bring 3 far closer to its Austrian rivals

Orange Austria, owned by France Telecom, is to be acquired by Hong Kong’s Hutchison, which competes with Orange through its 3 Austria operation. The deal, worth €1.3bn, consolidates the third and fourth players in the Austrian market.

TeliaSonera to increase presence in Kazakhstan

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Nordic operator TeliaSonera has announced that it is to increase its ownership in GSM Kazakhstan, which operates under the brand Kcell, and lead an IPO for the carrier in 2012. Kcell is the clear leader in the central Asian market, with 10.1 million customers at the end of 3Q11, according to Informa’s WCIS Plus service.

Ericsson offloads Sony Ericsson stake to Sony

Hans Vestberg, CEO, Ericsson

The owners of handset joint venture Sony Ericsson are to part company, with Japanese electronics firm Sony acquiring the 50 per cent share of the JV held by Sweden’s Ericsson for €1.05bn. The announcement comes ten years after the formation of Sony Ericsson, which saw two struggling handset units combined in the hope of marrying Sony’s consumer electronics expertise and Ericsson’s telecoms experience.

AT&T suffers slight sales dip but will T-Mobile deal change its fortunes?

AT&T 's fortunes suffer, but how likely is the T-Mobile USA acquisition to go ahead?

US carrier AT&T’s earnings for the third quarter of 2011 have fallen slightly short of Wall Street expectations as revenues hit $31.5bn, down $103m – or 0.3 per cent – on the same period a year earlier.

US politicians ask Obama to approve AT&T/T-Mobile merger

15 US politicians have sent a letter to Obama urging him to approve merger

US President Barack Obama has received a letter from 15 lawmakers calling for his administration to approve the merger between AT&T and T-Mobile. The letter, put forward by member of congress Heath Shuler and 14 other Democrats, said that the proposed merger of AT&T and T-Mobile USA would help solve America’s jobs crisis by reducing unemployment, encourage private investment and promote new and innovative technologies that will drive job creation.