Search results for: +tag:Mergers/Acquisitions

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US giant Verizon Wireless has lined up a pair of takeover deals for regional mobile operators, Fierce Wireless reports. The two-pronged acquisition will see Verizon first acquire spectrum, network assets... more
The public offer of shares in Oman Telecommunications Company (Omantel) to local citizens was oversubscribed 1.05 times, with a demand for nearly 75 million shares against 71.25 million shares on... more
Financially stricken Canadian cellco Mobilicity has announced that larger national rival Telus has agreed terms to acquire the company for CAD350 million (USD317.56 million) in a transaction to be implemented... more
Comcast and Time Warner Cable (TWC) have reportedly entered into talks to determine how to sell off up to five million subscribers to Charter Communications, Fierce Cable reports. The divestment,... more
The Algerian government has acquired a 51% stake in domestic mobile giant Orascom Telecom Algeria (OTA), which operates under the Djezzy GSM brand, for a total consideration of USD2.643 billion.... more
The Department of Telecommunications (DoT) may impose a fine of up to INR3.5 billion (USD57.94 million) on Uninor for failing to secure the watchdog’s approval when it combined seven separate... more
Bruno Lasserre, the president of France’s competition watchdog, the Autorite de la Concurrence, has reportedly disclosed to local media that the antitrust regulator is planning to conduct a comprehensive study... more
Luxembourg-based Millicom International Cellular (MIC) has revealed that the planned merger between its Tigo-branded Colombian unit and state-backed telco Une-EPM is being considered by the regulatory bodies for TV –... more
Deutsche Telekom (DT) yesterday secured official approval ‘without conditions’ from the European Commission (EC) for its acquisition of GTS Central Europe, first announced in November 2013. The transaction is expected... more
Bahraini enterprise-focused alternative telco Kalaam Telecom has announced the successful acquisition of rival altnet Lightspeed Communications, a subsidiary of Jordan Telecom (part of the Orange Group), following regulatory approval. Gulf... more