Deal of the week
| The EU has approved Hutchison Whampoa's $1 billion bid for Telefónica’s O2 Ireland. [read more] |
Midweek Mergers
| Foxconn Technology Group is set to buy a stake in mobile operator Asia Pacific Telecom for approximately $390 million. [read more] | |
| Network equipment vendor Cisco has acquired threat analysis company ThreatGRID in an effort to boost its cybersecurity portfolio. [read more] | |
| India’s Reliance Group is reportedly in talks with China’s Citic Telecom over the sale of part of its undersea cable assets. [read more] | |
| Internet performance solutions provider Dyn has acquired internet intelligence provider Renesys for an undisclosed sum. [read more] |
International Investments
| Telekom Austria’s board will give no recommendation on América Móvil’s offer to acquire outstanding shares in the company for $2 billion. [read more] | |
| Abu Dhabi officials have reportedly given Etisalat a $500 million grant towards its planned acquisition of a 53% stake in Maroc Telecom. [read more] | |
| Nokia is set to increase its focus on network security as it prepares to launch a security unit on June 1. [read more] | |
| Telecom Italia shareholders Assicurazioni Generali and Mediobanca are reportedly planning to sell their stakes in the Italian company next month. [read more] | |
| Infrastructure company Helios Towers Africa has indicated its intention to take part in Bharti Airtel's upcoming tower infrastructure auction in Africa. [read more] |