Midweek Mergers: April 9

09 April 2014 | Sophie Donoghue

Capacity brings you the latest mergers and acquisitions in the wholesale arena. If you have any deals you'd like us to share, please tweet us @capacitymag or email editorial@capacitymedia.com.

Deal of the week


 

European cable group Altice has won its battle with Bouygues Telecom to acquire France’s second-largest operator, SFR, for €17 billion. [read more]

 

Midweek Mergers


 

Cincinnati Bell is set to quit the mobile phone market after Verizon Wireless struck a deal to acquire its spectrum for $210 million. [read more]

 

The French telecoms market could be set for further consolidation after it emerged that Iliad and Bouygues Telecom are reportedly looking into a merger. [read more]

Kenyan operator Safaricom has dropped its bid to acquire assets in the country’s third-largest player, Yu. [read more]

The EU has halted its investigation into Hutchison Whampoa's $1 billion bid for O2 Ireland, as it waits for the company to revise the concessions the company made to win approval for the acquisition. [read more]

 

International Investments


 

Filipino carrier Globe Telecom has earmarked capex of approximately $650 million for data-related investments for this year. [read more]

 

Chinese messaging service Weibo has filed for an IPO on the Nasdaq market. [read more]

 

The Vietnamese government has announced plans to privatise state-owned mobile unit MobiFone by 2016. [read more]

Japanese operator NTT DoCoMo is planning to spend approximately $4 billion in capex to expand its LTE network to all regions of the country. [read more]

Topics: Altice, Numericable, SFR, Bouygues Telecom, France, acquisition, Cincinnati Bell, Verizon, US