Midweek Mergers: September 24

Midweek Mergers: September 24

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

Shareholders at Kenya’s Safaricom have officially approved the company’s joint acquisition of YuMobile, with Bharti Airtel. [read more]

Midweek Mergers

French media group Vivendi has signed a final agreement with Spain’s Telefónica for the sale of Brazilian broadband firm GVT. [read more]

Swedish vendor Ericsson has acquired a majority stake in enterprise IT cloud company, Apcera. [read more]

Brazilian mobile operator Oi has announced plans to sell its assets in Africa in a bid to bolster its position in its domestic market. [read more]

Pan-European service provider Comtek has acquired the intellectual property rights (IPR) of telecoms network manufacturer Sorrento Networks. [read more]

The Department of Telecommunications (DoT) in India has blocked Bharti Airtel’s acquisition of Loop Mobile. [read more]

International Investments

AT&T is reportedly open to making an acquisition in Mexico as América Móvil chief Carlos Slim prepares to divest some of his assets in the country. [read more]

Verizon Communications has said that it would consider divesting a number of network assets, including its cell towers. [read more]

Vodafone UK's chief executive has said that he expects to deliver a return to growth for the company within the next two years. [read more]