Midweek Mergers: October 2

Midweek Mergers: October 2

Capacity brings you the latest mergers and acquisitions in the wholesale arena. If you have any deals you'd like us to share, please tweet us @capacitymag or email editorial@capacitymedia.com.

Deal of the week

 

Portugal Telecom (PT) and Brazilian telco Oi have proposed a merger of the two companies, to create a single Brazil-based entity. [read more]

 

Midweek Mergers

 

Pakistan-based operator Pakistan Telecommunication Company (PTCL) has submitted an official takeover bid for rival operator Warid Telecom. [read more]

 

The Indonesian unit of Malaysian mobile operator Axiata Group has agreed to acquire a majority stake in PT Axis Telekom Indonesia (Axis) from Saudi Telecom Company. (STC). [read more]

 

Canada’s TELUS is reportedly again in talks to acquire wireless player Mobilicity, after a similar deal failed in June this year. [read more]

The validity period for Etisalat’s binding offer for Vivendi’s 53% stake in Maroc Telecom has been extended. [read more]

 

International Investments

 

The Slovenian government is set to make a decision on the privatisation of Telekom Slovenije on October 3 2013. [read more]

 

Czech Telefónica has filed a lawsuit against the country’s regulators over its upcoming 4G auction, after criticising the body for reserving spectrum for new applicants. [read more]

 

Three mobile operators in Bahrain have been awarded radio spectrum to launch LTE networks in the kingdom. [read more]

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