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Xavier Niel sets eyes on Ukraine with Datagroup-Volia acquisition
French billionaire and owner of European telco group iliad, Xavier Niel, has announced today that he will acquire Datagroup-Volia, Ukraine’s leading fixed telecom and pay TV provider, through his investment firm NJJ.
Swisscom lines up purchase of Vodafone Italy for €8bn
Today, Vodafone has confirmed that it has agreed to sell its Italian unit to Switzerland’s Swisscom for €8 billion.
CK Hutchison and EQT scrap Wind Tre network infra deal
In May last year, CK Hutchison announced it was carving out the fixed and mobile assets of its Italian operator WindTre, aiming to sell 60% of the newly formed company to Swedish infrastructure fund EQT.
Now, however, the sale has been cancelled, with EQT issuing only a brief statement by way of explanation.
Investors lining up to bid for Altice France’s fibre biz
According to a report from Bloomberg, numerous major players are lining up to bid for Altice Group’s 50.1% stake in XpFibre, France’s largest alterative fibre-to-the-home (FTTH) wholesaler.
Xavier Niel’s NJJ to buy Turkcell’s Ukraine unit
NJJ Capital, the investment company owned by French billionaire Xavier Niel, has agreed to buy Turkcell’s Ukrainian operations, including mobile operator Lifecell, for at least $500 million.
Xavier Niel pledges €200m AI investment
News The investment aims to push France to forefront of the AI advancement race Xavier Niel, the founder and CEO of telecoms group Iliad, is set to invest €200 million in AI projects in an effort to ensure that Europe remains competitive against US and China in the...
Cellnex considers selling minority stake in Nordic operations
News According to reports, the sale process could begin later this year Spanish tower infrastructure giant Cellnex is considering the sale of the minority stake in its Nordic operations (Sweden and Denmark), anonymous sources told Reuters earlier this week. ...
Ooredoo, Zain and TASC set to create MENA tower giant
News Upon completion, the new company is set to become the largest tower company in the Middle East and North Africa (MENA) region Qatar’s largest telecom company Ooredoo, Dubai’s TASC Towers and Kuwait-based Zain Group have begun talks to potentially combine their...
Telefónica sells majority share of Peruvian fibre network to KKR
News Telefónica has sold a 54% stake in its Peruvian network to US-based investment firm KKR and 10% to Entel Peru, retaining a 36% share In an effort to reduce debt and fund investment to build 5G mobile networks, Telefónica, one of Spanish America’s largest...
Italy prepares €1.5bn telecoms relief measures
News A proposed decree would see Italian telcos receive a tax break until 2025 According to a report seen by Reuters, Italy’s Ministry of Enterprise and Made in Italy (Mimit) is reportedly drafting a new piece of legislation that incorporates measures worth almost...
Wind Tre carves out network assets, sells majority stake to EQT
News Swedish infrastructure fund EQT will own 60% of the newly formed company, with the remaining 40% held by Wind Tre’s owner, CK Hutchison Today, private equity firm EQT have announced a new deal that will see them acquire a 60% stake in a newly formed company, set...
Unions say Vodafone planning to shed 1,000 jobs in Italy
News The latest move to help reduce the Group’s cost could see Vodafone Italy’s workforce shrunk by around a fifth In November last year, following a resoundingly poor set of financial results, then-CEO Nick Read announced that Vodafone Group would implement various...
Liberty Global swipes ‘opportunistic’ £1.2bn stake in Vodafone
News The joint owner of Virgin Media O2 has purchased a 5% stake in its UK rival, arguing the company’s current share price does not represent its long term value This week, the ongoing turmoil at Vodafone continues to open doors for investors, with US firm Liberty...
Apollo and Claure in talks for $10bn Millicom takeover bid
News Private equity firm Apollo Global Management, alongside, former SoftBank CEO Marcelo Claure, have reportedly entered into discussions with Latin American operator group Millicom International Cellular This week, Millicom has confirmed that it is engaged in...
e& buys $4.4bn stake in Vodafone
The operator group formerly known as Etisalat has acquired a 9.8% stake in the business, but say they have no intentions of attemtping a takeover
What’s the score? Total Telecom’s quarterly financial Score Board
With so many companies releasing their financial results at the same time, it can be difficult to keep track…Introducing the Total Telecom Score Board
What’s in a name? Telecom industry’s leading brands in 2022
Brand Finance’s Telecoms 150 2022 report lists the top performing 150 telecoms brands across numerous categories
Greece and Egypt strengthen relationship through subsea cooperation
Telecom Egypt and Grid Telecom have signed a Memorandum of Understanding (MoU) to explore potential submarine cable projects
M&A rumours abound in Spain as Orange and MasMovil talks revealed
As one of the most competitive telecoms markets in Europe, many claim that Spain is long overdue telecoms consolidation – but who will merge with who?
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