Deal of the week
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| Dutch telco KPN has received approval from the Netherland’s Autoriteit Consument & Markt (ACM) regulatory body to acquire a further 9% of FTTH operator Reggefiber, bringing its total hold in the company to 60%. [read more] |
Midweek Mergers
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| European cable firm Altice has made a €7 billion bid to acquire the Portuguese assets of Portugal Telecom from Brazil’s Oi. [read more] | |
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| Bharti Airtel has reportedly called off its 7 billion rupee ($114 million) deal to acquire Loop Mobile, following delayed regulatory approval. [read more] | |
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| Amerimar Enterprises has acquired a 100,000 square foot fibre-rich building in Chicago in the US, as part of its latest redevelopment project with Hunter Newby. [read more] | |
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| France’s Iliad is not interested in acquiring rival French player Bouygues Telecom, according to the company’s owner Xavier Neil. [read more] | |
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| Mexico’s América Móvil, Spain’s Telefónica and Brazil’s Oi will reportedly place a joint bid for Brazilian mobile operator TIM Participações, and have confirmed plans to break it up. [read more] | |
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| Belgacom has reportedly sold networking, security, data centre and infrastructure services firm Telindus UK to UK telecoms firm telent. [read more] |
International Investments
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| Chinese vendor Huawei has promised £5 million worth of investment to the University of Surrey’s 5G innovation centre (5GIC) in the UK. [read more] | |
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| Chilean operator Entel is looking to increase its share of Peru’s rapidly developing mobile market. [read more] | |
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| Telecity Group has announced its Q3 financial results and claims to be “on track” to meet its 2014 natural revenue target of £343 – £350 million. [read more] | |
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| Tata Communications has reported a growth of 1.7% from its core operations for Q3 2014, compared to the same period last year. [read more] | |
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| Russia’s MegaFon has revealed a year-on-year Q3 net profit decline of 16.5%, despite reporting a growth in sales. [read more] |
