Midweek Mergers: November 19

19 November 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

KPN has agreed to pay €610 million to acquire the remaining 40% of Reggefiber that it does not already own. [read more]

Midweek Mergers

British incumbent BT is planning to abandon its wholesale unit and incorporate the division into its Openreach subsidiary, the Telegraph reports. [read more]

PT Telekomunikasi Indonesia (Telkom) has announced plans to monetise 4,000 of its 17,000 telecoms towers. [read more]

Thai telecoms group Jasmine International has announced plans to raise up to $1.98 billion through an infrastructure fund IPO. [read more]

International Investments

Cisco is to invest $1.7 billion in its India operations according to local reports. [read more]

India’s Reliance Jio Infocomm is looking to raise $1.5 billion to refinance several loans it acquired in 2010, according to local reports. [read more]

South African operator Telkom SA has reportedly laid off over 400 managers, after its first-half profits fell by 62% year-on-year. [read more]