Midweek Mergers: July 16

Midweek Mergers: July 16

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

America Móvil is set to take control of over half of Telekom Austria for approximately $1 billion. [read more]

Midweek Mergers

The Brazilian government has thrown weight behind a planned merger between Portugal Telecom and Oi, claiming the deal is not at risk. [read more]

Japanese operator NTT DoCoMo is planning to sell its 26.5% stake in Tata Teleservices and exit its joint venture in India. [read more]

Bharti Airtel has announced a deal to sell 3,100 telecoms towers in four countries across Africa to Helios Towers. [read more]

US satellite provider Dish Network has urged the Federal Communications Commission (FCC) to block Comcast’s bid to acquire Time Warner Cable (TWC) on competition grounds. [read more]

China’s three state-owned mobile operators have signed an agreement to form a joint telecoms tower company. [read more]

International Investments

India’s new recently elected government is predicting it will raise approximately Rs 454.71 billion ($7.59 billion) from telecoms proceeds in the present fiscal year. [read more]

Swedish cable operator Com Hem today posted a 3.5% rise in its second quarter core profit and it is predicting further sales growth for the remainder of 2014. [read more]

The Federation of Small Businesses (FSB) has said that the UK’s broadband is not fit for purpose, and that its target needs to be increased to compete better with other nations. [read more]

Three operators are set to enter Kenya’s thriving mobile money market as part of a shake-up in the industry. [read more]