Midweek Mergers: July 9

Midweek Mergers: July 9

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

 Swedish operator Tele2 is set to sell its Norwegian subsidiary to TeliaSonera for approximately $744 million. [read more]

Midweek Mergers

 América Móvil has revealed plans to reduce its market presence in Mexico to less than 50%. [read more

 The European Commission has given unconditional approval for Vodafone’s €7.2 billion acquisition of Spanish cable operator ONO.  [read more]

 Telefónica has agreed to spend €100 million ($136 million) on an 11.1% stake in Italian media group Mediaset’s pay-TV business. [read more]

 Telekom Austria has merged its Liechtenstein arm, mobilkom, with national incumbent Telecom Liechtenstein. [read more]

 US-based fibre provider Zayo is looking to raise $100 million in an initial public offering (IPO). [read more]

International Investments

 Australian operator Telstra has announced a strategic investment in mobile identity services company TeleSign. [read more]

 Orange is targeting growth in Spain and is looking at potential acquisitions in the country, according to the company's CEO. [read more

 Slovenian incumbent, Telekom Slovenije, has attracted eight bidders for the government’s 72.75% stake in, and ultimate control of, the company. [read more

 Alcatel-Lucent has been awarded a contract to build out a share of Vodafone’s Project Spring investment plan. [read more