Deal of the week
Zayo Group has completed the $675 million acquisition of data centre and cloud services company Latisys. [read more]
Midweek Mergers
Vivendi has received a binding offer from Altice to acquire a 20% stake in Numericable-SFR worth around €3.9 billion. [read more]
Orange has agreed to increase its stake in Egypt’s Mobinil for approximately €210 million. [read more]
Spanish cable firm Euskaltel has allegedly hired Rothschild as advisor for a potential listing on the country’s stock exchange. [read more]
KDDI Corporation has sold its entire 4.85% stake in Inmarsat, raising approximately £183 million in the offering. [read more]
International Investments
Telecom Italia is to invest €14.5 billion in faster broadband in Italy and Brazil. [read more]
Apple will spend €1.7 billion on two data centres in Europe, each powered by 100% renewable energy. [read more]
Astelit, MTS and Kyivstar have each acquired 15-year 3G mobile licences in Ukraine. [read more]