Deal of the week
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| Vodafone’s €7.7 billion proposal to acquire Kabel Deutschland has won approval, after it passed the crucial 75% shareholder support mark. [read more] |
Midweek Mergers
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| South Korean operator KT is said to be in the early stages of discussions to acquire a 35% stake in state-owned Tunisie Telecom. [read more] |
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| The Omani government is planning to sell a 19% stake in the country’s largest fixed-line operator, Omantel. [read more] |
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| KPN has told reporters that it is discussing América Movil’s €7.2 billion takeover offer and a deal could be close. [read more] |
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| Shareholders in the consortium that controls Telecom Italia have reportedly rejected a $1 billion offer from Telefónica to purchase part of their shares earlier this month. [read more] |
| SingTel and Optus Business announced a A$530 million (US$493 million) contract with the Australia and New Zealand Banking Group (ANZ), to provide telecommunications and managed services for another five years. [read more] |
International Investments
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| Dutch operator KPN has reached an agreement to book a tax loss of €3.7 billion with tax authorities in the country. [read more] |
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| Chinese vendor Huawei expects to rake in over $2 billion in revenue this year from the sale of 4G infrastructure equipment. [read more] |
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| Libya is to launch a tender for the country’s first private mobile licence in 2014. [read more] |