Reliance Industries Ltd is considering an offer for British telecom company BT Group Plc, the Economic Times reported on Monday, citing unnamed sources familiar with the matter. Reliance might make an unsolicited offer...
Telecom
KKR, CVC Capital in talks to jointly bid for Telecom Italia – Bloomberg News
KKR & Co and CVC Capital Partners are considering teaming up on a bid for Italy-based Telecom Italia SpA, Bloomberg News reported on Thursday, citing people with knowledge of the matter. The two private-equity firms...
Thai regulator monitoring $8.6 bln merger of Telenor’s Dtac and True Corp
Thailand’s telecommunications regulator on Wednesday said it was closely monitoring the proposed merger of Telenor ASA’s Total Access Communication Pcl and Charoen Pokphand Group’s (CP Group) True...
U.S. FCC approves Verizon acquisition of TracFone Wireless
The U.S. Federal Communications Commission said on Monday it has approved Verizon Communications Inc’s more than $6 billion acquisition of pre-paid mobile phones provider TracFone Wireless with conditions to...
Government puts on sale MTNL, BSNL assets worth about Rs 1,100 crore
The government has listed for sale real estate assets of state-run telecom firms MTNL and BSNL at a reserve price of around Rs 1,100 crore, according to documents uploaded on the DIPAM website. BSNL properties located...
Ericsson to buy cloud firm Vonage for $6.2 bln
Mobile telecoms equipment maker Ericsson said on Monday it had agreed to buy cloud communications firm Vonage for $6.2 billion. The deal was the Swedish firm’s biggest in years and follows its acquisition of U.S...
Telenor, CP Group to merge Thai telecom units in $8.6 bln deal
Norway’s Telenor and Thailand’s Charoen Pokphand Group (CP Group) have agreed to merge their telecom units in Thailand in a deal valued at 282.8 billion baht ($8.6 billion) to create a new market leader in...
California approves Verizon deal to acquire TracFone Wireless
The California Public Utilities Commission said Thursday it has approved Verizon Communications’ more than $6 billion proposed acquisition of TracFone Wireless after the companies agreed to some additional...
American Tower to buy data center operator CoreSite for $7.5 bln
American Tower Corp on Monday agreed to buy U.S. data center operator CoreSite Realty Corp for $7.51 billion in cash to tap into a sector that has seen a boom in demand during the COVID-19 pandemic. The offer price of...
Millicom to take full control of mobile operator Tigo Guatemala for $2.2 billion
Telecoms service provider Millicom International said on Friday it had signed an agreement to gain full control of Tigo Guatemala by acquiring the remaining 45% stake from its local joint venture partner in an $2.2...
Macquarie and CDP win EU approval for Open Fiber acquisition
The acquisition of broadband network company Open Fiber by Italy’s state lender Cassa Depositi e Prestiti (CDP) and Australian fund Macquarie has won EU regulatory approval, a filing on the European Commission...
Vodacom to buy 55% stake in Vodafone Egypt for $2.74 bln
South Africa’s Vodacom Group Ltd said on Wednesday it would buy a 55% stake in the Egyptian arm of Vodafone Group Plc for $2.74 billion. Separately, Vodacom said it would buy a co-controlling 30% stake in assets...
