Deal of the week
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| Telefónica’s Czech unit is nearing conclusion of a deal which would see it share infrastructure with rival operator Vodafone, according to local reports. [read more] |
Midweek Mergers
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| Greek operator OTE confirmed that it has completed the sale of its Bulgarian operations, Globul, to Norway’s Telenor. [read more] |
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| French satellite operator, Eutelsat Communications, has acquired Mexican company Satélites Mexicanos (Satmex) for $1.142 billion. [read more] |
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| Japan’s SoftBank has increased its stake in US operator Sprint, to 79.07%, according to reports. [read more] |
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| Sweden’s Ericsson and STMicroelectronics have completed the separation of ST-Ericsson. [read more] |
International Investments
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| US cable provider Comcast has reported a profit jump of 28.6% in the second quarter. [read more] |
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| US provider Leap Wireless has reported a Q2 2013 net loss of $163 million, a significant increase from $41.6 million for the same period in 2012. [read more] |
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| Ooredoo, one of two operators selected to roll out a mobile play in Myanmar, has hired corporate law firm Norton Rose Fulbright to advise it on future projects in the country. [read more] |
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| US wireless tower operator Global Tower Partners has reportedly been put up for sale and is expected to generate over $4 billion, according to sources. [read more] |
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| Brazilian telco On Telecom will invest a minimum of $218 million in its activities over the next three years. [read more] |
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| Kabel Deutschland’s supervisory and management boards have officially recommended Vodafone’s €7.7 billion takeover bid. [read more] |
