YOU ARE AT:TagsMergers and acquisitions

BROWSING: mergers and acquisitions

Keysight to divest some assets as part of Spirent acquisition

Spirent acquisition by Keysight still on track to close by April 2025 Keysight Technologies is working on divesting some of Spirent Communications' business segments, in order to satisfy regulatory requirements so that it can close on its purchase of the U.K.-based network testing company. In...

Customer losses, 5G costs: UScellular makes its case for the merger with T-Mobile US

As the Federal Communications Commission considers T-Mobile US' proposed $4.4 billion acquisition of UScellular, the latter company's executives recently sat down with FCC representatives to make the case in favor of the merger. The picture they painted was of the largest remaining regional mobile...

Qualcomm wants to buy Intel, according to reports

Reuters reported that Qualcomm CEO Cristiano Amon is "personally involved" in the Intel takeover negotiations The story of Intel’s struggles around design/build approach to semiconductors facing headwinds is continuing to unfold, and on Friday, took an expected turn when it was reported that Qualcomm approached...

TIM to sell remaining stake in tower company Inwit

TIM holds an indirect stake of only 3% in Inwit through its 10% stake in holding company Daphne 3 Telecom Italia (TIM) signed an agreement with Impulse I, a consortium led by private equity group Ardian, to sell its remaining stake in mobile tower company...

Sale of ATC India gets approval, ending company’s 17-year presence

Brookfield Asset Management will acquire 100% of ATC India for $2.5 billion The Competition Commission of India has cleared the takeover of American Tower Corp (ATC) Indian operations (known as ATC India) by Brookfield Asset Management for $2.5 billion. The acquisition, announced in January, will see the...

Digi nabs Portugal’s Nowo after failed Vodafone deal

Digi is planning a 5G rollout in Portugal using licenses won licenses in 2021 Romania-based Digi Communications’ Portugal subsidiary has agreed to purchase Nowo Communications from MasMovil for $164.8 million. It’s a notable development as just a month ago, the country’s competition authority Autoridade...

Millicom’s board recommends rejection of Atlas buyout bid

Atlas already has a 29% stake in Millicom, and two weeks ago, offered to purchase the remaining shares for $24 each An independent committee representing Millicom’s board urged shareholders to turn down the offer from Xavier Niel’s Atlas Investissement to buyout the Latin America-focused operator group. Atlas...

#TBT: Shifting tides for Motorola; Global mergers raise security concerns; Telecom in an IP world … this week in 2000

Editor’s Note: RCR Wireless News goes all in for “Throwback Thursdays,” tapping into our archives to resuscitate the top headlines from the past. Fire up the time machine, put on those sepia-tinted shades, set the date for #TBT and enjoy the memories! Shifting tides for...

Vodafone Portugal’s attempts to buy Nowo is a no-go

The purchase would have led to 'significant impediments to competition and consumer harm,' said Portugal’s competition authority Following a draft decision thwarting Vodafone Portugal’s proposed acquisition of Cabonitel, including Nowo Communications, the country’s competition authority Autoridade da Concorrencia (AdC) this week officially prohibited the deal...

Nokia prepares for AI boom with Infinera acquisition

Nokia said the purchase of Infinera, along with the sale of the Alcatel Submarine Networks business, will 'reshape' its Network Infrastructure unit Nokia said it is buying optical networking vendor Infinera for $6.65 per share, equating to a value of $2.3 billion, in a deal...

T-Mobile US to buy UScellular’s wireless operations, some spectrum for $4.4 billion

UScellular will become a wireless infrastructure company, retainings its tower assets and about 70% of its spectrum T-Mobile US plans to buy UScellular's wireless operations and about 30% of the smaller operator's spectrum assets across multiple bands. This move takes the last of the large,...

Spain secures 10% stake in local carrier Telefonica

SEPI said it spent nearly $2.5 billlion to acquire more than 567 million shares in Telefonica The Spanish government said it has acquired a 10% stake in domestic telecom operator Telefonica through a state holding company. Spanish state-run company Sociedad Estatal de Participaciones Industriales (SEPI) had...

Spain clears Vodafone acquisition by Zegona

The acquisition of Vodafone Spain is valued at EUR5 billion The Spanish government has approved the acquisition of 100% of the Vodafone Spain Group by U.K.-based investment firm Zegona Bidco, a fully owned subsidiary of Zegona Communications, the Council of Ministers said in a statement. The...

Siemens to acquire ebm-papst’s industrial drive tech business

Siemens said the acquisition is a 'strategic addition' to its Xcelerator portfolio Siemens announced its intent to acquire ebm-papst’s industrial drive technology (IDT) business, which includes intelligent, integrated, network-connected mechatronic systems, as well as motion control systems used in free-range driverless transport systems. In a press...

Broadcom expects to close VMware acquisition tomorrow

China has given regulatory approval to Broadcom's acquisition of VMware, which is now expected to close tomorrow. China was the final global regulator that needed to approve the merger in order for it to go forward, and Broadcom is moving quickly now that all...

Ceragon targets private networks, mmWave with Siklu acquisition

Ceragon Networks is looking to buy Siklu for $13 million to $15 million Israeli 5G wireless transport provider Ceragon Networks is looking to acquire connectivity solutions provider Siklu for an enterprise value of $13 million to $15 million. In a press statement, Ceragon CEO Doron Arazi...

Softbank considers purchase of remaining 25% stake in Arm

SoftBank already owns 75% of the chip company SoftBank Group is reportedly in talks to purchase the remaining 25% of Arm it doesn’t already control directly from Vision Fund 1, a $100 billion investment fund that the chip company established in 2017. Reuters, which first...

Italian Treasury, KKR sign preliminary deal for up to 20% of TIM’s grid

The deal has faced several reservations from Vivendi, the French media group that owns a near 24% stake in TIM The Italian Treasury has signed a Memorandum of Understanding (MoU) this past Thursday, marking a preliminary agreement with U.S. private equity fund KKR that would...

Cisco to acquire Working Group Two from Telenor

Cisco helped Telenor launch Working Group Two, which offers mobile operators a cloud-based core network Cisco has revealed plans to acquire Working Group Two (WG2) from Telenor Group — which currently holds a 44.6% share in the company — for $150 million. WG2 offers mobile operators a...

Broadcom provisionally cleared to buy VMware by UK

Broadcom announced plans to acquire VMware for $61 billion in May 2022 Following a previous delay while regulators in both Europe and the U.S. asked for more time for consideration, Broadcom’s plan to acquire VMware for $61 billion, first announced in May 2022, has received provisional approval...

UK regulator extends review of Microsoft-Activision gaming deal

In January 2022, Microsoft announced plans to acquire Activision for $68.7 billion This week saw movement around Microsoft’s ambitions to purchase game publishing giant Activision Blizzard for nearly $70 billion. The U.K.’s Competition and Markets Authority (CMA) extended the deadline for a review of the...

Vodafone warns of cut in 5G investment if Three merger blocked

The Vodafone-Three merger is subject to approval from the Competition and Markets Authority U.K. operators Vodafone and Three could potentially reduce investments in the 5G field if local regulators block the proposed merger between the two telcos, local newspaper The Times reported Vodafone CEO Ahmed...

European Commission says Orange-MásMóvil JV may hurt competition

The European Commission believes that the proposed merger of Spanish operatorsOrange and MásMóvil may reduce competition in the mobile and fixed internetmarkets. On April 3, 2023, the European Commission opened an in-depth investigation toassess if the proposed merger would potentially restrict competition in several marketsegments...

Vodafone, Three to merge UK businesses, create largest UK MNO

Vodafone will own 51% of the new entity while Hutchison Group will own 49% Vodafone Group and CK Hutchison Group Telecom Holdings have entered into binding agreements in relation to a combination of their telecommunication businesses in the U.K., respectively Vodafone UK and Three UK,...