Midweek Mergers: December 11

11 December 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


 

US telecoms conglomerate Verizon is reportedly in the process of acquiring CDN provider EdgeCast Networks. [read more]

 

Midweek Mergers


 

Brazilian antitrust watchdog, Cade, has said that Telefónica SA should exit its direct and indirect stake in TIM Participações, or find a new partner for its mobile unit Vivo. [read more]

 

Telecom NZ has announced the sale of the wholesale arm of its Australian unit, AAPT, to Sydney-based ISP TPG Telecom, for A$450 million. [read more]

 

CSG International has announced the purchase of key assets from charging and billing company Volubill. [read more]

 

International Investments


 

Egypt-based Orascom has denied recent media reports claiming that the company has frozen its investments in North Korea. [read more]

 

Norwegian mobile operator Tele2 has failed to secure any additional 3G or 4G spectrum in Norway's auction. [read more]

 

Russian operator Rostelecom may sell up to $1.4 billion worth of shares in 2014, as it works to reduce its debt. [read more]

Spanish cable operator ONO is reportedly considering an IPO for some of its shares for the first half of 2014, with the move expected to speed up consolidation in the Spanish telecoms market. [read more]