Deal of the week
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| Financial company NII Holdings is set to sell off its Chilean subsidiary Nextel Chile to a consortium of bidders. [read more] |
Midweek Mergers
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| Brazilian mobile infrastructure company T4U is to launch an IPO in a bid to tap into the increasing demand for towers in Latin America. [read more] | |
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| Deutsche Telekom is contemplating the acquisition of smaller cable operators, according to local reports. [read more] | |
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| China Mobile is on the lookout for acquisitions in a bid to expand its business, the company’s chairman has said. [read more] | |
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| Telekom Austria has completed its acquisition of triple-play cable company Blizoo Macedonia. [read more] |
International Investments
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| Chinese vendor ZTE has posted high profits in its first-half 2014 report, which it largely attributes to the uptake of 4G in China. [read more] | |
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| South Africa’s Vodacom has revealed plans to invest around R1 billion (approx. $93.8 million) on upgrading its network in Gauteng as it looks to expand its 3G and 4G coverage. [read more] | |
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| Mobile operator ICE is expected to announce expansion plans for its operators in Norway next month. [read more] | |
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| France’s Orange is reportedly looking to sell approximately 9,400 mobile antennas in Spain, as it attempts to cut costs. [read more] |
