News

Midweek Mergers: June 17

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




 

Vodafone New Zealand (NZ) has acquired Auckland-based communications company Worldxchange (WXC) for an undisclosed sum. [read more







Midweek Mergers




 

Comverse is to acquire UK mobile messaging provider Acision in a deal worth $135 million. [read more

 

Reliance Communications (RCom) and Russian industrial group Sistema have entered talks on a potential merger of their telecoms units in India. [read more

 

The Independent Communications Authority of South Africa (ICASA) has approved Vodacom’s 7 billion rand offer to purchase internet provider Neotel, subject to conditions. [read more

 

Slovenian state firm SDH has rejected investment firm Cinven’s bid for Telekom Slovenije. [read more

 

The UK’s Virgin Group is said to be considering the acquisition of TeliaSonera-owned Spanish mobile operator Yoigo. [read more]







International Investments




 

Huawei is claiming to have contributed £956 million to the UK GDP over the last three years. [read more

 

Philippine Long Distance Telephone Company (PLDT) is planning to invest up to $100 million on the construction of its second submarine cable to the US. [read more