Midweek Mergers: June 11
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Midweek Mergers: June 11

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

China Mobile is to acquire an 18% stake in Thailand's True Corp, valued at approximately $581 million. [read more]

Midweek Mergers

Google is set to acquire satellite company Skybox Imaging for approximately $500 million in cash. [read more]

UK-based private equity firm Cinven Partners has agreed to acquire the fibre network of Spanish utility company Gas Natural Fenosa for €510 million. [read more]

French operator Iliad has reportedly made a bid of up to €5 billion to acquire Bouygues Telecom, but failed to meet the company's asking price. [read more]

Finnish equipment vendor Nokia has acquired Mesaplexx, an Australian company with expertise in developing radio frequency filter technology. [read more]

UK-based XConnect has acquired German number portability service provider sms eSolutions. [read more]

International Investments

Qatar-based Ooredoo could face a potential boycott of its services in Myanmar before it has even launched operations after nationalists raised concerns over its ties to a Muslim state. [read more]

The Slovenian government has invited investors to bid for the country's largest operator, Telkom, according to state investment fund SOD. [read more]

MTN Group is reportedly planning a $250 million investment in the upgrade of its network in Côte d'Ivoire, West Africa. [read more]

UK mobile operator Vodafone has reported that government agencies in some countries where it operates have direct access to its network. [read more]

Russian telecoms operator MegaFon has acquired equipment and maintenance services from Chinese vendor Huawei in a multi-million dollar deal. [read more]

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