Midweek Mergers: July 22

22 July 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

 Orange has entered into an agreement with Bharti Airtel to purchase its four subsidiaries in Africa. [read more

Midweek Mergers

 German cable network operator Tele Columbus is to acquire PrimaCom for €711 million ($778 million), in a move which will combine the country’s third and fourth largest cable companies. [read more
 Russia’s Mobile TeleSystems (MTS) is to purchase billing software provider NVision Group from its majority shareholder AFK Sistema in a deal valued at as much as $263 million (15 billion rubles). [read more
 Telefonica Deutschland has agreed to transfer 7,700 mobile tower sites to Deutsche Telekom. [read more
 Tiscali is to merge with broadband operator Aria, following approval from its board of directors. [read more
 The government of Zimbabwe is in negotiations to acquire Vimpelcom’s 60% stake in Telecel through its unit Zarnet. [read more

International Investments

 Telekom Austria Group has announced its financial results for the first half of FY15, with revenues remaining stable at €1,938.8 million compared to the previous year. [read more
 Verizon Communications has released its results for Q2 of 2015, revealing strong profit growth in its mobile business. [read more
 Huawei has announced its first half results for 2015, experiencing a 30% rise in revenues. [read more
 Lebanese telecoms minister Boutros Harb has told local reporters that the government has received two formal applications in its public tender for management of its state-owned mobile networks, and is expecting a third. [read more
 Slovenia is unlikely to reach a decision on the sale of state-owned Telekom Slovenia before the summer holidays. [read more