Midweek Mergers: April 23

23 April 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


 

AT&T has announced plans to invest $500 million into a new venture that will aim to launch over-the-top video services. [read more]

 

Midweek Mergers


 

Colt has stirred up speculation that it could be up for sale after it announced a profit warning for this year. [read more]

 

PCCW Global has signed an agreement with urban complex developer Shanghai Zendai to provide technology and telecoms services to a smart city being developed in South Africa. [read more]

Kuwaiti operator Zain has reportedly been sued for $4.5 billion by an undisclosed company over its purchase of Iraqi operator Iraqna in 2007. [read more]

 

International Investments


 

Israeli mobile operator Cellcom has selected Nokia Solutions and Networks (NSN) for the build-out of its 4G network. [read more]

 

Nokia Solutions and Networks (NSN) has announced the opening of two offices in Yangon, Myanmar. [read more]

 

Reliance Jio Infocomm has signed an agreement with independent telecoms tower firm ATC India, to share its infrastructure in the country. [read more]

Zain Jordan has acquired LTE frequencies for 142 million dinars ($199.8 million) and will launch the service in the country at the end of this year. [read more]

Pakistan’s failure to generate a good response to its next-generation mobile spectrum licence could mean the country will miss out on its budget targets for the year. [read more]