Deal of the week
Hutchison Whampoa has entered into exclusive talks with Telefónica to buy its UK unit O2 for £10.25 billion. [read more]
Midweek Mergers
Kuwaiti telco Zain has hired advisors for the potential sale of transmitter towers in eight markets across Africa and the Middle East. [read more]
AT&T will buy Nextel Mexico – the mobile assets of NII Holdings – for $1.875 billion, in a move to expand its Latin American presence. [read more]
Portugal Telecom’s shareholders have approved the €7.4 billion sale of Oi’s Portuguese assets to Altice. [read more]
Maroc Telecom has completed the acquisition of six African assets from Etisalat for a total price of €474 million ($537 million). [read more]
AT&T has officially acquired Mexican mobile operator Iusacell. [read more]
US-based CommScope has agreed to acquire TE Connectivity’s telecoms, enterprise and mobile business, Broadband Network Solutions (BNS) for $3 billion. [read more]
EU anti-trust regulators have denied a request from the Spanish competition authority to examine Orange’s $3.82 billion bid for Spain’s Jazztel. [read more]
International Investments
South African mobile player Cell C has allocated R 2.4 billion to the expansion of its network and preparation for the launch of 4G in 2015. [read more]
Ghana’s National Communications Authority (NCA) has invited applications for telecoms licences designed to increase competition in the industry. [read more]
