Midweek Mergers: March 26

26 March 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


 

Network equipment vendor Cisco will invest $1 billion into the build-out of data centres to support a new cloud computing service over the next two years. [read more]

 

Midweek Mergers


 

Telecom Italia is reportedly mulling over the potential acquisition of a stake in Italian fibre network provider Metroweb, in an effort to boost its broadband service. [read more]

 

Finnish vendor Nokia does not expect to close the sale of its mobile phone business to Microsoft until at least April, as talks with regulators continue. [read more]

Bouygues Telecom has increased its bid for SFR by €1.85 billion to €14.5 billion after its initial offer was outbid by cable operator Numericable. [read more]

Hutchison Whampoa’s subsidiary Three Ireland has submitted concessions to address the European Commission’s concerns regarding its $1 billion bid for O2 Ireland. [read more]

 

International Investments


 

Fibre-optic network provider FirstLight Fiber is expanding its Vermont data centre in a bid to keep up with demand for broadband connectivity. [read more]

 

Russia’s prime minister, Dmitry Medvedev, has this week called on state-owned operator Rostelecom to launch telecoms services in Crimea, Ukraine. [read more]

 

HKNet, a subsidiary of NTT Communications, has announced the launch of a new IaaS cloud service aimed at enabling businesses of all sizes to benefit from cloud services. [read more]

European cloud provider Interoute today revealed an increase of €91 million on its EBITDA for 2013, compared with 2012. [read more]