Deal of the week
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| Sprint has dropped its bid to acquire T-Mobile US, following unwavering resistance from US regulators. [read more] |
Midweek Mergers
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| French operator Iliad has emerged as a surprise bidder for T-Mobile US. [read more] | |
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| Spain’s Telefónica has offered €6.7 billion ($8.99 billion) to acquire French operator Vivendi’s Brazilian unit, GVT. [read more] | |
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| Shaw Communications is to acquire US co-location services provider ViaWest for approximately $1.2 billion. [read more] | |
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| Finnish vendor Nokia Networks is set to acquire the mobile network business of Japanese technology and solution provider Panasonic System Networks. [read more] | |
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| Colombia’s Tigo Millicom has received final approval from regulators for the merger of its mobile business with the fixed-line arm of UNE EPM (Empresas Publicas de Medellin). [read more] | |
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| Cable firm Numericable’s proposed acquisition of SFR from Vivendi is in doubt after the French competition authority said it will carry out an in-depth review of the acquisition. [read more] | |
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| Brazilian telecoms regulator Anatel has conditionally approved a proposal from Mexican billionaire Carlos Slim to combine three companies owned by América Móvil. [read more] | |
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| Russian operators Rostelecom and Tele2 Russia have finalised negotiations for the creation of a mobile joint venture in the country. [read more] | |
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| Zain Bahrain is looking to sell off a 15% stake in an IPO of the company and is seeking to raise approximately €18 million. [read more] | |
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| French vendor Alcatel-Lucent is reportedly planning to sell off part of its submarine cable unit in an IPO, in the company’s latest bid to turn around its fortunes. [read more] |
International Investments
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| Investment in Nigeria’s telecoms sector has topped $32 billion, according to the vice chairman of the Nigerian Communications Commission (NCC). [read more] | |
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| BT Group has posted strong first quarter results, with revenue up 0.5% and core earnings flat at £1.4 billion. [read more] | |
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| Intelsat said its Q2 results were in line with expectations, despite experiencing a drop in revenues. [read more] | |
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| Tata Communications has posted its Q1 results for FY15, recording a 14% year-on-year increase in revenues. [read more] |
