Midweek Mergers: March 25

25 March 2015 |


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

Hutchison Whampoa has agreed definitive terms to acquire O2 UK from Telefonica for £10.3 billion. [read more]

 

MIDWEEK MERGERS

Orange is to acquire all remaining shares of Cloudwatt; the cloud computing joint venture it set up with the French government. [read more]

Telecom Italia has approved the takeover of Telecom Italia Media, its media division, which has been a publicly traded unit for over a decade. [read more]

Telefonica has formally waived its voting rights in Telecom Italia, in order to comply with rulings made by Brazil’s telecoms regulator for its acquisition of Vivendi’s GVT. [read more]

 

INTERNATIONAL INVESTMENTS

Qatar’s Ooredoo has forecast a revenue drop of 3% for this year, with core earnings expected to fall by a similar margin. [read more]

Maroc Telecom, Medi Telecom and Wana Corporate have been awarded 4G licences in Morocco’s auction. [read more]