Deal of the week
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| Etisalat is set to sell its operations in six West African countries to Maroc Telecom as it combines assets before completing its acquisition of the Moroccan operator. [read more] |
Midweek Mergers
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| Nigerian operator Globacom is reportedly investing $100 million in upgrading its network across the country over the next six months. [read more] |
| Talks over Nokia’s potential acquisition of Alcatel-Lucent have reportedly been renewed, following the Finnish vendor’s sale of its mobile devices division. [read more] | |
| Africa’s MTN Group has sold all of its mobile network towers in Rwanda and Zambia to independent infrastructure firm IHS Holding. [read more] | |
| Millicom-owned Tigo Honduras will invest approximately $100 million in network upgrades this year. [read more] |
International Investments
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| US smartphone chipmaker Qualcomm has announced plans to spin off location-based services subsidiary Retail Solutions as an independent company. [read more] |
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| China Telecom, China Mobile and China Unicom are in talks to form a joint network-sharing venture. [read more] |
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| Virgin Media could be set to sell off its non-cable broadband business in the UK and focus its strategy solely on providing high-speed internet. [read more] |
| The GSMA will collaborate with nine operators to launch interoperable mobile money services across Africa and the Middle East. [read more] |