Midweek Mergers: July 2

Midweek Mergers: July 2

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

Mexican billionaire Carlos Slim has acquired AT&T’s stake in his own Latin American telecoms firm, América Móvil. [read more]

Midweek Mergers

Telefónica’s much-deliberated acquisition of KPN’s German unit, E-Plus, has received approval from EU anti-trust regulators. [read more]

The UK’s Vodafone Group has sold its entire 49% stake in Vodafone Fiji to the Fiji National Provident Fund (FNPF). [read more]

América Móvil’s $2 billion offer to acquire the remaining shares of Telekom Austria has received regulatory approval and is now unconditional. [read more]

Vodafone will reportedly gain unconditional EU approval for its €7.2 billion deal to acquire Spanish cable operator ONO. [read more]



 

Virgin Group and mobile phone retailer Carphone Warehouse have revealed plans to sell their jointly-owned mobile virtual network operator (MVNO), Virgin Mobile France, to cable company Numericable. [read more]

International Investments

France’s Orange has halted all plans to take part in a French telecoms market merger. [read more]

Telekom Austria Group has revealed that it will book a €400 million impairment for its Bulgarian subsidiary Mobiltel.[read more]

The German government has cancelled a contract with Verizon, as concerns about spy surveillance by the US continue to grow.[read more]

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