Deal of the week
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| Ciena has completed its acquisition of next-gen software provider Cyan. [read more] |
Midweek Mergers
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| Telekom Austria’s Bulgarian subsidiary Mobitel has agreed to acquire cable operator blizoo Bulgaria from EQT V. [read more] |
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| Vivendi has sold its remaining 4% stake in Telefonica’s Brazilian unit for $877 million. [read more] |
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| Nokia Networks has sold its mapping business unit HERE to a consortium of premium German carmakers for €2.8 billion. [read more] |
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| Hutchison Whampoa and VimpelCom are reportedly close to finalising a merger of their Italian mobile units. [read more] |
International Investments
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| Myanmar has formally invited proposals from local public companies to become its fourth mobile operator in partnership with a foreign company. [read more] |
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| KPN has reported its Q2 results for 2015, in which adjusted revenues decreased 3.8% to €1.75 billion compared to the same period last year. [read more] |
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| Level 3 Communications announced its Q2 2015 results yesterday, reporting a net loss of $13 million. [read more] |
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| T-Mobile US has posted a 14% increase in quarterly revenue to $8.18 billion while raising its 2015 subscriber forecast for the second time this year. [read more] |
