Deal of the week
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| French operator Orange has reached a deal to acquire fixed-line company Jazztel in a bid to bolster its position in the Spanish market. [read more] |
Midweek Mergers
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| Danish incumbent TDC has agreed to acquire Norwegian cable-TV provider Get AS for 12.5 billion Danish crowns ($2.2 billion). [read more] |
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| Russian telco Vimpelcom and Egypt’s Global Telecom have jointly agreed to sell their stake in Wind Canada to Canadian investment firm, Globalive Capital, for $122.05 million. [read more] |
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| Mexico’s Grupo Salinas has confirmed plans to acquire a 50% stake in the country’s third-largest mobile operator, Iusacell, from its partner, Grupo Televisa. [read more] |
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| Spain’s Jazztel is reportedly considering the acquisition of TeliaSonera’s Spanish arm, Yoigo. [read more] |
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| Liberty Global’s offer period for Dutch cable operator Ziggo has reportedly been extended to November 4. [read more] |
International Investments
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| UK mobile phone retailer Phones 4U has gone into administration after its operator partner EE said that it would not renew its network agreement with the firm. [read more] |
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| Greek regulators have received three bids for its mobile frequency sale with the view of upgrading telecoms services. [read more] |
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| Myanmar’s government has forecast approximately $5 billion in foreign direct investment (FDI) for the fiscal year that began in April. [read more] |
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