Midweek Mergers: October 29
News

Midweek Mergers: October 29

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

Level 3 has received approval from the Federal Communications Commission (FCC) for the acquisition of tw telecom. [read more]

Midweek Mergers

Zebra Technologies has completed its acquisition of Motorola Solutions' Enterprise Business for $3.45 billion. [read more]

Telecom Italia has moved closer to the sale of its mobile phone towers in Brazil and a deal could be finalised in the coming weeks. [read more]

Telenor’s CEO, Jon Frederik Baksaas, has said that although the company is looking at options for its stake in VimpelCom, now is not the right time to sell. [read more]

International Investments

Vietnam’s Viettel has revealed plans to invest $1 billion in a 3G mobile network in Tanzania. [read more]

The government of India has released a policy document outlining plans to create a $15 billion market for Internet of Things (IoT) products by 2020. [read more]

Egypt needs billions of dollars of investment to upgrade its telecoms infrastructure, according to the country’s telecoms minister. [read more]

Japanese operator SoftBank and technology investor Sequoia Capital have agreed to acquire a $100 million stake in Indonesian online startup Tokopedia. [read more]

Gift this article