Consolidation appears to be on the horizon in India’s telecoms market – the second largest in the world, with 12 operators serving 940 million mobile connections – as Bharti Airtel looks to expand its 4G footprint and smaller players enter merger talks. India’s largest …
The post M&A activity picks up in India, Airtel looks to acquire Augere appeared first on Mobile World Live.
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 combined business would be the […]
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.
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.