Midweek Mergers: August 5

Midweek Mergers: August 5

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


Ciena has completed its acquisition of next-gen software provider Cyan. [read more


Midweek Mergers


Telekom Austria’s Bulgarian subsidiary Mobitel has agreed to acquire cable operator blizoo Bulgaria from EQT V. [read more


Vivendi has sold its remaining 4% stake in Telefonica’s Brazilian unit for $877 million. [read more


Nokia Networks has sold its mapping business unit HERE to a consortium of premium German carmakers for €2.8 billion. [read more


Hutchison Whampoa and VimpelCom are reportedly close to finalising a merger of their Italian mobile units. [read more


International Investments


Myanmar has formally invited proposals from local public companies to become its fourth mobile operator in partnership with a foreign company. [read more


KPN has reported its Q2 results for 2015, in which adjusted revenues decreased 3.8% to €1.75 billion compared to the same period last year. [read more


Level 3 Communications announced its Q2 2015 results yesterday, reporting a net loss of $13 million. [read more


T-Mobile US has posted a 14% increase in quarterly revenue to $8.18 billion while raising its 2015 subscriber forecast for the second time this year. [read more