Deal of the week
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| Zayo Group has agreed to acquire infrastructure provider Access Communications for $40 million. [read more] |
Midweek Mergers
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| Carlos Slim’s America Movil has announced that financing has been secured for its €7.2 billion takeover bid for KPN. [read more] |
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| A unit in the Libyan sovereign wealth fund could be set to acquire a 35% stake in state-owned Tunisie Telecom from a UAE conglomerate owned by Dubai’s ruler. [read more] |
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| Verizon Communications has put off the acquisition of two small Canadian wireless companies until a government auction of wireless licences, due for January next year. [read more] |
International Investments
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| Brazilian satellite operator Star One, part of Carlos Slim’s Embratel company, will invest $400 million in the launch of its next satellite. [read more] |
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| Czech regulation (CTU) has released official documentation for the auction of frequencies in the 800MHz, 1800MHz and 2600MHz bands in the country. [read more] |
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| State-owned BH Telecom has reported first half profits of 65.1 million Bosnian marka ($44.4 million). [read more] |
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| Ethiopia has signed an $800 million network agreement with China’s ZTE to expand mobile infrastructure in the country and introduce 4G broadband across Addis Ababa. [read more] |
