Vodafone Group is looking to sell its entire $2.3 billion stake in India’s Indus Towers through stock market block deals next week, two sources with direct knowledge said, as part of the British firm’s...
EU to probe UAE-based e&’s acquisition of Czech PPF Group’s telecoms assets, FT reports
The European Commission will open a formal in-depth probe soon into Abu Dhabi-based Emirates Telecommunications’ (e&) proposed acquisition of Czech PPF group’s telecoms assets in Bulgaria, Hungary...
Saudi Telecom considers possible offer for United Group, sources say
Saudi Arabia’s STC Group is in the early stages of considering an offer for European telecom and pay-TV operator United Group, according to three people with knowledge of the potential deal. UK buyout group BC...
ACT Fibernet makes strategic investment in Aprecomm’s network intelligence solutions
Internet service provider ACT Fibernet (Atria Convergence Technologies Ltd.), Friday announced a major strategic investment in Aprecomm Private Limited (Aprecomm), a network intelligence solutions expert to fortify...
KKR wins EU nod for $24 billion Telecom Italia fixed-line network deal
U.S. investment firm KKR secured unconditional EU antitrust approval on Thursday for its up to 22-billion-euro ($24 billion) acquisition of Telecom Italia’s (TIM) fixed-line network. The deal is significant as it...
KKR-SingTel consortium frontrunner to buy $1 bln stake in data centre provider, sources say
A consortium of U.S. investment firm KKR and Singapore Telecommunications (SingTel) has emerged as the frontrunner to buy a minority stake worth $1 billion in one of Asia’s biggest data centre providers, two...
French tycoon Xavier Niel explores buyout bid for Millicom
French billionaire Xavier Niel is considering buying out telecom firm Millicom International Cellular S.A., his investment vehicle Atlas Investissement said on Thursday. The company is exploring financing options to...
Swisscom gets first go ahead from Rome for Vodafone Italia acquisition
Swisscom has secured an initial go-ahead from Italy’s government for its planned acquisition of Vodafone Italia, the Swiss telecoms company and a source close to the matter said on Tuesday. So-called “golden...
Criteria to raise stake in Telefonica to 10%, El Confidencial says
Spanish holding company Criteria plans to raise its stake in Telefonica to 10%, matching the government’s recently acquired stake in the telecoms company, news website El Confidencial reported on Tuesday, citing...
Spain concludes purchase of 10% stake in Telefonica
The Spanish government has acquired the 10% stake in telecoms group Telefonica it had set out to buy in December to counterbalance the acquisition of a similar stake by Saudi Arabia’s STC, the state holding...
KKR to take UK’s IQGeo private in $396 mln deal
Private equity firm KKR will take UK’s IQGeo Group private in a 316 million pounds ($396.04 million) deal, the companies said on Tuesday, sending shares in the geospatial software provider soaring 16%. Geologist...
UK grants conditional security clearance for Vodafone-Three merger
The British government on Thursday made a final order to conditionally approve the proposed merger between Vodafone’s UK operation and Hutchison’s Three UK, following a detailed national security assessment...
