Deal of the week
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| European cable group Altice has won its battle with Bouygues Telecom to acquire France’s second-largest operator, SFR, for €17 billion. [read more] |
Midweek Mergers
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| Cincinnati Bell is set to quit the mobile phone market after Verizon Wireless struck a deal to acquire its spectrum for $210 million. [read more] |
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| The French telecoms market could be set for further consolidation after it emerged that Iliad and Bouygues Telecom are reportedly looking into a merger. [read more] |
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| Kenyan operator Safaricom has dropped its bid to acquire assets in the country’s third-largest player, Yu. [read more] | |
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| The EU has halted its investigation into Hutchison Whampoa's $1 billion bid for O2 Ireland, as it waits for the company to revise the concessions the company made to win approval for the acquisition. [read more] |
International Investments
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| Filipino carrier Globe Telecom has earmarked capex of approximately $650 million for data-related investments for this year. [read more] |
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| Chinese messaging service Weibo has filed for an IPO on the Nasdaq market. [read more] |
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| The Vietnamese government has announced plans to privatise state-owned mobile unit MobiFone by 2016. [read more] |
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| Japanese operator NTT DoCoMo is planning to spend approximately $4 billion in capex to expand its LTE network to all regions of the country. [read more] |
