Midweek Mergers: October 23

23 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


AT&T has agreed to lease 9,100 wireless network towers, and sell a further 600, to network tower operator Crown Castle International. [read more]


Midweek Mergers


Norway's Telenor has announced that it will acquire Tele2's fibre and cable television business in Sweden for $122 million. [read more]


Japanese operator SoftBank has agreed to purchase a majority stake in private US cellphone company Brightstar.[read more]


América Móvil has withdrawn its €7.2 billion bid to take over KPN, after both parties failed to agree on an offer price. [read more]

Bharti Airtel has acquired Qualcomm's stake in a 4G broadband venture in India, to take full control of the company. [read more]

Russian bank VTB has sold 50% of mobile operator Tele2 Russia to billionaire Yuri Kovalchuk and partners. [read more]

An agreement has been reached for telecoms equipment vendor Tellabs to be acquired by private equity firm Marlin Equity Partners for $891 million. [read more]


International Investments


Dutch cable provider Ziggo has recorded a decline in third-quarter core profits, despite winning a significant number of customers during the period. [read more]


Austria's spectrum auction raised €2 billion and saw Telekom Austria, Hutchison Whampoa and Deutsche Telekom tighten their grip on the mobile market.[read more]


Seaborn Networks has received a credit facility for its subsea cable project linking Brazil to the US, subject to certain closing conditions. [read more]

Qatari operator Ooredoo is said to be considering listing on the London Stock Exchange, or another major bourse, as it looks to heighten its international profile. [read more]

Reliance Jio Infocomm has been awarded a unified 4G licence in India, according to local reports. [read more]