Midweek Mergers: August 6

06 August 2014 |


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

Sprint has dropped its bid to acquire T-Mobile US, following unwavering resistance from US regulators. [read more]

Midweek Mergers

French operator Iliad has emerged as a surprise bidder for T-Mobile US. [read more]

Spain’s Telefónica has offered €6.7 billion ($8.99 billion) to acquire French operator Vivendi’s Brazilian unit, GVT. [read more]

Shaw Communications is to acquire US co-location services provider ViaWest for approximately $1.2 billion. [read more]

Finnish vendor Nokia Networks is set to acquire the mobile network business of Japanese technology and solution provider Panasonic System Networks. [read more]

Colombia’s Tigo Millicom has received final approval from regulators for the merger of its mobile business with the fixed-line arm of UNE EPM (Empresas Publicas de Medellin). [read more]

Cable firm Numericable’s proposed acquisition of SFR from Vivendi is in doubt after the French competition authority said it will carry out an in-depth review of the acquisition. [read more]

Brazilian telecoms regulator Anatel has conditionally approved a proposal from Mexican billionaire Carlos Slim to combine three companies owned by América Móvil. [read more]

Russian operators Rostelecom and Tele2 Russia have finalised negotiations for the creation of a mobile joint venture in the country. [read more]

Zain Bahrain is looking to sell off a 15% stake in an IPO of the company and is seeking to raise approximately €18 million. [read more]

French vendor Alcatel-Lucent is reportedly planning to sell off part of its submarine cable unit in an IPO, in the company’s latest bid to turn around its fortunes. [read more]

International Investments

Investment in Nigeria’s telecoms sector has topped $32 billion, according to the vice chairman of the Nigerian Communications Commission (NCC). [read more]

BT Group has posted strong first quarter results, with revenue up 0.5% and core earnings flat at £1.4 billion. [read more]

Intelsat said its Q2 results were in line with expectations, despite experiencing a drop in revenues. [read more]

Tata Communications has posted its Q1 results for FY15, recording a 14% year-on-year increase in revenues. [read more]