Deal of the week
Mexico’s Grupo Salinas has completed its acquisition of a 50% stake in mobile firm Iusacell, from its joint venture partner Grupo Televisa. [read more]
Midweek Mergers
Tata Sons has won approval from the reserve bank of India (RBI) to acquire NTT DoCoMo’s minority stake in their joint venture, Tata Teleservices. [read more]
UK operator TalkTalk has acquired movie platform blinkbox, and the Tesco broadband and fixed-line voice base from Tesco. [read more]
Facebook has acquired QuickFire Networks, a video compression specialist, as the social media giant continues to focus on improving its video delivery. [read more]
Liberty Global is reportedly merging subsidiaries UPC Netherlands with Ziggo, and UPC Ireland with Virgin Media, as part of its restructuring strategy across Europe. [read more]
Portugal Telecom shareholders have agreed to postpone their decision on the sale of Oi’s Portuguese assets to telecoms firm Altice for a further 10 days. [read more]
Sprint has signed a series of financing agreements worth a total of $1.8 billion to purchase 2.5GHz network equipment. [read more]
International Investments
China’s Huawei said its operating profit in 2014 rose by 17% from the previous year as global adoption of 4G contributed to its earnings. [read more]
Network and cloud platform provider Orixcom has secured private funding as it aims to grow its business in the Middle East and Africa. [read more]
Mobile operators MTN Syria and SyriaTel have secured long-term licences from the Syrian Telecommunications Establishment (STE). [read more]
The Federal Institute of Telecommunications (IFT) in Mexico has fined satellite TV provider Dish Mexico and Carlos Slim’s fixed-line unit Telmex for failing to divulge, in full, a series of agreements between the two companies. [read more]
