mergers and acquisitonsRSS

AT&T pulls out of T-Mobile merger

AT&T and T-Mobile have dropped their proposed $39bn merger
December 20, 2011 Written by Dawinderpal Sahota

US carrier AT&T has ended its bid to acquire rival T-Mobile USA, after a nine-month pursuit. The firm announced that it has agreed with T-Mobile’s parent company Deutsche Telekom AG to terminate the bid, which involves paying the company $4bn in break-up fees.

Tags; Deutsche Telekom, mergers and acquisitons, T-Mobile USA, AT&T, Americas, Networks, News & Analysis, Operator

India to relax telecom M&A rules

Under the new proposals, carriers in India will now be allowed a maximum subscriber market share of 60 per cent in each of India’s 22 circles, up from the previous threshold of 35 per cent
November 7, 2011 Written by Dawinderpal Sahota

The Telecom Regulatory Authority of India (TRAI) has submitted new guidelines to the Department of Telecoms (DoT), which, if approved, will relax the rules surrounding mergers and acquisitions (M&A) activity in India’s telecoms market. Under the new proposals, carriers in India will now be allowed a maximum subscriber market share of 60 per cent in each of India’s 22 circles, up from the previous threshold of 35 per cent.

Tags; India, mergers and acquisitons, Asia Pacific, News & Analysis, Operator