Midweek Mergers: April 30

Midweek Mergers: April 30

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

 

Microsoft has finalised the acquisition of Finnish vendor Nokia’s mobile phone business. [read more]

 

Midweek Mergers

 

Zayo Group has announced the acquisition of French bandwidth infrastructure company Neo Telecoms. [read more]

US cable providers Comcast and Charter Communications have agreed a deal worth approximately $20 billion intended to reshape the entire US cable market. [read more]

Carlos Slim’s America Móvil has reached a co-ownership deal with Austrian state holding company ÖIAG, which will give the Mexican company majority control of Telekom Austria. [read more]

French entrepreneur Xavier Niel has acquired a majority stake in Monaco Telecom from UK-based carrier Cable & Wireless Communications. [read more]

Russian telco MegaFon has confirmed that the integration of LTE service provider Scartel – which it acquired in October last year in a $1.2 billion deal – has been completed. [read more]

Danish incumbent TDC has sold its Finnish operations to DNA in a €154 million ($212 million) deal. [read more]

 

International Investments

 

The Irish government plans to invest €512 million ($708.9 million) to ensure countrywide coverage of broadband and to address deficits of the service. [read more]

 

UK ad-funded MVNO Samba has closed down with immediate effect after less than two years of operation. [read more]

 

Telekom Austria’s Slovenian subsidiary, Si.mobil, has been awarded approximately 48% of the mobile spectrum offered at the country’s auction. [read more]

Spain-based Telefónica is set to boost its operations in Chile with an investment of $600 million. [read more]

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