Midweek Mergers: October 30

30 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


Japanese telecoms company NTT Communications is to acquire Virtela Technology Services and one other US-based cloud-computing firm. [read more]


Midweek Mergers


Mexican billionaire Carlos Slim has increased his indirect stake in América Móvil to 15.8%. [read more]


Vodafone and Orange could still enter Myanmar's telecoms market despite missing out on lucrative licences in the country, after the government invited leading telcos to team up with state-owned Myanmar Post and Telecommunications (MPT). [read more]


US private equity company KKR & Co is to invest $100 million in three wireless infrastructure companies managed by Associated Partners LP. [read more]


International Investments


Competition in the French mobile market has affected the earnings of Orange as the company's customers continue to generate lower average revenues for the group. [read more]


Telecoms group Belgacom has reported a 7.7% fall in core profits for Q3 2013, as mobile phone revenues continue to decline. [read more]


Cloud services provider Akamai has announced it has made significant investment in launching a new EMEA headquarters in the UK as part of its expansion plans in the region. [read more]

Vodafone has confirmed its intention to invest $1.6 billion to buy out minority investors in its Indian operation, following changes to Indian foreign ownership rules. [read more]

Taiwan's National Communications Commission (NCC) said today that six companies are set to pay more than triple the original offer price for 12 4G mobile spectrum licences in the country. [read more]

Vodafone, Telecom NZ and 2degrees have been awarded 4G mobile spectrum in the 700MHz band in New Zealand's auction. [read more]