Midweek Mergers: October 9

09 October 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


 

Vodafone has confirmed plans to invest up to $2 billion in a bid to buy out some minority shareholders in its Indian subsidiary. [read more]

 

Midweek Mergers


 

China Mobile Pakistan, operating under the brand Zong, opted out of the battle to acquire Warid Telecom on the last day of bidding. [read more]

 

A potential sale of Canadian company Allstream to Accelero Capital Holdings has been rejected by the Canadian government. [read more]

 

Russian operator Rostelecom may acquire a unit of Bank Rossiya as part of its latest strategy to develop a banking services business. [read more]

The government of Nepal has agreed to allow state-owned Nepal Telecom (NT) to bring in a strategic partner. [read more]

AT&T looks set to move forward with plans to acquire Europe’s Vodafone. [read more]

 

International Investments


 

No newcomers will enter the Belgian telecoms market this year after the country’s regulator confirmed its three main mobile operators will bid for spectrum in its auction in November. [read more]

 

French equipment vendor Alcatel-Lucent has said it will cut an estimated 10,000 jobs across the globe in a bid reduce its debt. [read more]

 

Ooredoo is reportedly in talks with Telenor to share transmitter towers in Myanmar, to enable cost savings as the companies increase efforts to build mobile networks in the country. [read more]