Deal of the week
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| Orange has entered into an agreement with Bharti Airtel to purchase its four subsidiaries in Africa. [read more] |
Midweek Mergers
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| German cable network operator Tele Columbus is to acquire PrimaCom for €711 million ($778 million), in a move which will combine the country’s third and fourth largest cable companies. [read more] |
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| Russia’s Mobile TeleSystems (MTS) is to purchase billing software provider NVision Group from its majority shareholder AFK Sistema in a deal valued at as much as $263 million (15 billion rubles). [read more] |
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| Telefonica Deutschland has agreed to transfer 7,700 mobile tower sites to Deutsche Telekom. [read more] |
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| Tiscali is to merge with broadband operator Aria, following approval from its board of directors. [read more] |
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| The government of Zimbabwe is in negotiations to acquire Vimpelcom’s 60% stake in Telecel through its unit Zarnet. [read more] |
International Investments
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| Telekom Austria Group has announced its financial results for the first half of FY15, with revenues remaining stable at €1,938.8 million compared to the previous year. [read more] |
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| Verizon Communications has released its results for Q2 of 2015, revealing strong profit growth in its mobile business. [read more] |
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| Huawei has announced its first half results for 2015, experiencing a 30% rise in revenues. [read more] |
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| Lebanese telecoms minister Boutros Harb has told local reporters that the government has received two formal applications in its public tender for management of its state-owned mobile networks, and is expecting a third. [read more] |
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| Slovenia is unlikely to reach a decision on the sale of state-owned Telekom Slovenia before the summer holidays. [read more] |