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...
Telecom
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...
T-Mobile, Verizon in talks to buy parts of US Cellular, WSJ reports
T-Mobile and Verizon Communications are in talks to buy parts of United States Cellular in separate transactions, the Wall Street Journal reported on Thursday. Shares of the regional wireless carrier jumped about 8.6%...
Tower operator Uniti to merge with Windstream a decade after split
Uniti Group will merge with telecom services provider Windstream almost a decade after their separation to better compete in the fiber network market in rural America, the wireless tower owner said on Friday. The...
ATC Telecom Infrastructure exits Vodafone Idea; sells entire stake for Rs 1,840 cr
ATC Telecom Infrastructure on Friday sold its entire 2.87 per cent stake in telecom operator Vodafone Idea for Rs 1,840 crore through an open market transaction. American Tower Corporation (ATC) Telecom Infrastructure...
US FCC approves T-Mobile deal to buy budget provider Mint Mobile
The U.S. Federal Communications Commission said on Thursday it will approve the T-Mobile US deal to buy Ka’ena Corp, the owner of budget service provider Mint Mobile, for up to $1.35 billion. The FCC cited T...
