Midweek Mergers: August 7

07 August 2013 |


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

 

 

Telefónica’s Czech unit is nearing conclusion of a deal which would see it share infrastructure with rival operator Vodafone, according to local reports. [read more]


 

Midweek Mergers

 

   

Greek operator OTE confirmed that it has completed the sale of its Bulgarian operations, Globul, to Norway’s Telenor. [read more]

 

French satellite operator, Eutelsat Communications, has acquired Mexican company Satélites Mexicanos (Satmex) for $1.142 billion. [read more]

 

Japan’s SoftBank has increased its stake in US operator Sprint, to 79.07%, according to reports. [read more

 

Sweden’s Ericsson and STMicroelectronics have completed the separation of ST-Ericsson. [read more]

 

International Investments

 

   

US cable provider Comcast has reported a profit jump of 28.6% in the second quarter. [read more]

   

US provider Leap Wireless has reported a Q2 2013 net loss of $163 million, a significant increase from $41.6 million for the same period in 2012. [read more]

   

Ooredoo, one of two operators selected to roll out a mobile play in Myanmar, has hired corporate law firm Norton Rose Fulbright to advise it on future projects in the country. [read more]

   

US wireless tower operator Global Tower Partners has reportedly been put up for sale and is expected to generate over $4 billion, according to sources. [read more]

   

Brazilian telco On Telecom will invest a minimum of $218 million in its activities over the next three years. [read more]

   

Kabel Deutschland’s supervisory and management boards have officially recommended Vodafone’s €7.7 billion takeover bid. [read more]