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  • The heavyweights of European telecoms have been flexing their muscles again – Telefonica is shoring up its investment in Latin America with the acquisition of Vivo, finally, from Portugal Telecom, while France Telecom Orange’s new CEO Stephane Richard has laid out his five-year plan “Conquests 2015”.
  • Spain’s Telefonica has won its bid for control of Brazil’s largest mobile network operator Vivo, buying out former partner Portugal Telecom’s (PT) 50% share in the business for $9.7 billion after an at-times bitter battle.
  • Tyco Electronics has acquired fellow vendor ADC Telecommunications in a deal worth approximately $1.25 billion, giving it a stake in the market for broadband connectivity.
  • South Korea has the highest number of broadband subscribers per capita of any nation, reveals a report from the Buddecomm consultancy.
  • German company Ancotel has acquired Long Island Data and Recovery Center (Lidarc), a co-location and interconnection facility.
  • Japanese operator NTT is to acquire South African IT services company Dimension Data for approximately $3.2 billion.
  • China Telecom Europe expects to open its fourth terrestrial cable route between Europe and Asia in Q4 2010 as it strengthens connections between the continents.
  • US vendor Qualcomm is to build and operate an LTE wireless broadband network in India in a three-way joint venture with two local players – infrastructure company Global Holdings Corporation and data services provider Tulip Telecom.
  • Network operator Colt has formed a new division to offer data centre capacity and services on a wholesale basis.
  • Telecom Italia Sparkle’s internet backbone Seabone has been extended to Catania in Sicily, with Cypriot carrier Cyta announced as its first customer.