Midweek Mergers: September 4

Midweek Mergers: September 4

Deal of the week

 

Verizon Communications has officially announced that it is to buy Vodafone's 45% stake in Verizon Wireless for $130 billion.[read more]



 

Midweek Mergers

 

AT&T could follow Verizon's deal to acquire Vodafone's stake in Verizon Wireless with an attempt to buy out the UK group's remaining assets. [read more]

 

Carlos Slim's €7.2 billion takeover bid for KPN has been blocked by the KPN Foundation, an independent entity in the Netherlands formed to protect the Dutch operator. [read more

 

Investors in Telecom Italia are reportedly seeking to sell their stake in the company, which could leave the Italian operator open to a takeover bid. [read more

Turkey's Dogan Holding – a body which holds a number of the country's media assets – has made a $754 million bid for a 53% stake in digital TV operator Digiturk. [read more]

The Belgian Government could be set to reduce its stake in Belgacom to just over 50%, from the 53.1% it presently owns. [read more]



 

International Investments

 

Swedish equipment vendor Ericsson is to invest approximately SEK 7 billion (over $1 billion) to deploy three global ICT centres. [read more]

 

Slovakian telecoms regulators have begun the process of rolling out 4G mobile broadband networks and are accepting bids for mobile spectrum frequencies from operators. [read more

 

Deutsche Telekom is considering restructuring its Eastern European operations. [read more

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