Deal of the week
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| T-Mobile US has declared its intentions to overtake Sprint as the third-largest operator in the US by the end of the year. [read more] |
Midweek Mergers
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| Australian operator Telstra has acquired Silicon Valley’s video platform company Ooyala for $270 million, in a bid to increase its presence in the digital media market. [read more] | |
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| Etisalat’s Nigerian subsidiary is set to sell 2,136 of its towers to IHS, in line with a fast-emerging trend across Africa. [read more] | |
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| Philippine Long Distance Telephone (PLDT) has agreed to acquire a 10% stake in German company Rocket Internet for €333 million. [read more] | |
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| Interxion will acquire the SFR Netcenter data centre facilities in Marseille, France. [read more] | |
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| Telekom Malaysia’s deal for a majority stake in local WiMAX network operator Packet One Networks (P1) has reportedly received approval from the shareholders of Green Packet. [read more] | |
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| Czech financial group PPF is reportedly planning to split O2 Czech Republic into two separate businesses. [read more] | |
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| Digital security company Gemalto has signed an agreement to acquire data protection company SafeNet for approximately $890 million. [read more] |
International Investments
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| Myanmar’s telecoms industry has been offered approximately $103 million in loans to improve its telecoms infrastructure by the Japanese government. [read more] | |
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| African operator MTN is planning to acquire a mobile licence in Syria, despite political upheaval in the country that has lasted for four years. [read more] | |
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| A consortium of six companies are to invest $300 million in a new trans-Pacific cable linking the west coast of the US to two landing stations in Japan. [read more] | |
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| Telekom Austria Group has reported a net loss of approximately €300 million in its first half 2014 results, citing an impairment in Eastern Europe. [read more] | |
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| Bondholders at South African mobile operator Cell C have agreed to €160 million worth of debt restructuring, in order to free up investment for a network expansion. [read more] | |
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| The National Regulatory Agency for Electronic Communications and Information Technology (ANRCETI) in Moldova has awarded three mobile licences to Moldcell. [read more] |
