Midweek Mergers: February 5

05 February 2014 | Sophie Donoghue


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


 

Indian multinational Tata Group may exit the telecommunications industry entirely with the sale of both Tata Communications and Tata Teleservices, according to local reports. [read more]

 

Midweek Mergers


 

Hutchison Whampoa’s subsidiary Three Ireland has announced that it will put forward a strong case addressing the European Commission’s concerns regarding its $1 billion bid for O2 Ireland. [read more]

 

Tom Wheeler, chairman of US telecoms regulator the Federal Communications Commission (FCC), has reportedly expressed doubts over a possible merger between Sprint and T-Mobile US. [read more]

 

Latin American mogul Carlos Slim is likely to bid for a majority stake in Telekom Austria. [read more]

Network optimisation firm JDSU has announced its acquisition of Trendium, a real-time intelligence software provider. [read more]

NTT Corporation’s South African unit, Dimension Data, has acquired French IT firm NextiraOne for an undisclosed fee. [read more]

The European Commission has rejected a request from Germany to lead the investigation into the $12 billion acquisition of E-Plus by Telefónica Deutschland. [read more]

 

International Investments


 

Equipment vendor Ericsson has identified China and Europe as two of its main growth target markets, after large-scale projects in the US had an effect on its Q4 earnings. [read more]

 

Deutsche Telekom plans to inject €1.2 billion into its Greek subsidiary OTE over the next four years, following an investment of €2 billion over the past five years in the Greek market, a company statement has revealed. [read more]

 

Ooredoo and Telenor have signed official agreements with the government of Myanmar for telecommunications licences in the country. [read more]

UK’s BT has announced strong quarterly results driven by high demand for fibre broadband and its new sports television service. [read more]

KPN is to cut up to 2,000 jobs after it reported a 13% year-on-year drop in its Q4 mobile revenues. [read more]