YOU ARE AT:TagsMergers and acquisitions

BROWSING: mergers and acquisitions

Qualcomm acquires Arriver to bolster its ‘digital chassis’ concept 

The “digital chassis” redefines the vehicle base framework to include digital components based on Qualcomm Snapdragon processors Qualcomm has completed its acquisition of Arriver from SSW Partners, giving the chipmaker access to the software company’s Driver Assistance assets. Automotive has been a huge growth story...

Deutsche Telekom, Tele2 finalize sale of Dutch unit

The unit has been purchased by a consortium of private equity funds for €5.1 billion Deutsche Telekom (DT) and Tele2 Group have finalized the sale of T-Mobile Netherlands, officially closing the book on DT’s presence in the Dutch market. The unit has been purchased by...

Hispasat to acquire Axess Networks to enhance IoT, satellite 5G solutions

The acquisition is part of a larger strategic plan for Hispasat to become a satellite solutions and services provider Spanish satellite operator Hispasat has announced the acquisition of Axess Networks, a teleport operator and satellite services provider with a presence in Latin America, Europe, the...

Orange, Masmovil start negotiations to merger their operations in Spain

Orange noted that the transaction is expected to be completed in the second quarter of 2023 Spanish operators Orange and Masmovil have announced the start of exclusive negotiations to merger their operations in the country. In a release, Orange said that each carrier will own 50%...

Thailand’s True, dtac merger moves forward despite market competition worries

The merged entity would control more than half of the total market at about 95.3 million subscribers A merger between Thailand’s True and Telenor-owned dtac, first proposed in November 2021, has officially been approved by the boards of both companies. The merged entity would control...

IBM acquires Sentaca, hopes to help CSPs unlock new revenue streams

IBM has acquired more than 20 companies since 2020, all with the intention of bolstering its hybrid cloud and AI capabilities IBM has acquired telco consulting services and solutions provider Sentaca to bolster its hybrid cloud consulting business, so that it can better support communications...

New Zealand’s 2degrees and Orcon to merge, offering integrated services

The NZ $1.7 billion deal between 2degrees and Orcon would make them New Zealand’s third-largest integrated telecommunications company New Zealand’s telecom provider 2degrees and internet provider Orcon have revealed plans to merge in a NZ $1.7 billion deal, positioning them as the country’s third-largest integrated...

Taiwan Mobile announces merger agreement with Taiwan Star

Taiwan Mobile announced that it has officially completed the signing of a merger agreement with rival operator Taiwan Star Telecom, the former said in a release. Taiwan Mobile, which ended 2021 with 7.3 million subscribers, noted it plans to issue 282 million new shares for...

Broadcom to acquire AppNeta, hopes to create ‘a single source of truth’ as enterprises migrate to the cloud

AppNeta CEO on being acquired by Broadcom: 'This combination could indeed be that rare 1 + 1 = 5 level of partnership' Broadcom revealed plans to acquire privately held AppNeta, a software company headquartered in Boston, MA that provides an enterprise SaaS-based network performance monitoring...

Cox completes acquisition of Segra’s enterprise and carrier business

The deal represents one of the largest in Cox Communications history Cox Communications acquired the commercial services segment of Segra, a privately held fiber infrastructure provider based in Charlotte, North Carolina. The deal represents one of the largest in Cox Communications history and supports the company’s focus on strategic infrastructure...

United Group to acquire Greek operator Wind Hellas

The purchase of Wind Hellas is expected to strengthen Nova Broadcasting Group, which United Group acquired last year Earlier this week, United Group announced an agreement with Crystal Almond Holdings to acquire one of Greece’s three mobile operators, Wind Hellas. The purchase, if approved by...

Lumen sells CenturyLink ILEC assets to Apollo in $7.5 billion deal

Lumen will sell CenturyLink-branded assets to Apollo across 20 states and retain those in 16 states Lumen Technologies has agreed to sell a portion of its incumbent local exchange carrier (ILEC) operations to Apollo Global Management for $7.5 billion. Lumen will retain the CenturyLink-branded assets in 16...

EXFO’s chairman spurns yet another offer from Viavi

Viavi Solutions really, really wants to buy rival test company EXFO, and it has made a fourth and higher purchase offer -- which was promptly quashed, again, by EXFO founder, chairman and majority shareholder Germaine Lamonde. Viavi had upped its most recent offer from...

Ufinet expands footprint in Brazil with NB Telecom acquisition

Ufinet first entered Brazil in 2019 with the purchase of São Paulo-based Netell Wholesale telecommunications company Ufinet has entered into an agreement to acquire a majority stake in NB Telecom, a Rio de Janeiro-based carrier. According to Stefano Lorenzi, executive chairman at Ufinet, the company will expand NB Telecom’s network...

Ookla acquires testing company Solutelia

Crowd-sourced network testing and analysis company Ookla has acquired testing company Solutelia and its Wireless Intelligence on-Demand (WINd) solutions, declaring that together the two companies will "disrupt and forever change the wireless network test and measurement industry." Financial terms of the deal were not disclosed....

Digital Colony wraps up Boingo Wireless buy

Digital Colony has completed its acquisition of DAS and Wi-Fi provider Boingo Wireless for a total of $854 million. The transaction also includes the assumption of $199 million of the latter’s net debt obligations. Under the terms of the merger agreement, Boingo stockholders will receive $14.00...

American Tower completes acquisition of Telxius Towers in Latin America

American Tower Corporation (ATC) has closed the Latin American tranche of its Telxius Towers acquisition, comprised of over 7,000 communications sites in Brazil, Peru, Chile and Argentina, the company said in a release. ATC said that the total value of the transaction amounted to approximately...

American Tower completes first tranche of Telxius acquisition

American Tower Corporation announced that it has closed the first tranche of the acquisition of Telxius Towers, comprised of nearly 20,000 communications sites in Germany and Spain, for total consideration of approximately 6.2 billion euros ($7.6 billion). In a release, ATC said that the closing...

UK regulator clears Virgin Media/O2 JV

The U.K.’s Competition and Markets Authority (CMA) has decided to allow the proposed merger between mobile operator O2, owned by Spanish telco Telefonica, and fixed operator Virgin Media. The regulator had issued a provisional approval of this merger last month. Both Virgin and O2 sell wholesale...

Verizon pushes FCC to make a call on its TracFone merger

Verizon has requested that the Federal Communications Commission "move expeditiously" to approve its acquisition of TracFone, arguing that the deal will benefit both TracFone and its customers. In a filing with the FCC, Verizon noted that it has been six months since the deal...

Infovista acquires Empirix, bolstering its 5G network management offering

Infovista has completed the acquisition of network performance monitoring and testing company Empirix, allowing the software vendor to offer a carrier-grade, cloud-native network lifecycle automation platform for 5G to communications service providers (CSPs) and enterprises customers. Empirix’ cloud-native monitoring, assurance and analytics solution for 5G...

UK regulator provisionally clears Virgin Media/O2 JV

The U.K.’s competition authority dismissed concerns that a merger of mobile operator O2 and fixed operator Virgin Media would have negative implications on wholesale services, provisionally clearing the proposed deal without conditions. In a statement, the Competition and Markets Authority (CMA) said its investigation concluded...

Rogers and Shaw to merge, shaking up Canada’s telecom industry

Rogers will purchase Shaw for $16 billion Rogers Communications has announced that it will purchase Shaw Communications Inc. in a C$20 billion ($16 billion) deal. If the agreement is approved by regulators, the deal will shake up Canada’s wireless industry as two of the country’s...

Altice USA buys Morris Broadband in $310 million deal

Altice USA has agreed to acquire North Carolina-based Morris Broadband, which serves about 36,500 customers in the western part of the state. The transaction values Morris at $310 million. Altice already operates its Suddenlink business in North Carolina and this will expand the company's...