Consolidation doomsday has failed to arrive for UK altnets
Altnets are buoyant in the UK, Proactive International PR’s CEO says, despite predictions from some that a consolidation doomsday would arrive
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Tag: M&A
Orange offers €4.25bn to take full ownership of MasOrange
On Friday, Orange announced that it had reached a non-binding agreement to acquire full control of its joint venture with MasMovil, called MasOrange.
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WindTre and Iliad mull Italian merger
According to multiple sources cited by Reuters, the discussions could lead to a joint venture combining CK Hutchison’s subsidiary Wind Tre and Iliad’s Italian operations, which currently operate under the Free brand.
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VMO2 in talks with Netomnia for £2bn takeover
According to a report from the Financial Times, Virgin Media O2 (VMO2) has entered into negotiations to acquire fibre altnet rival Netomnia for £2 billion.
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Altice rebuffs French telcos’ €17bn joint offer for SFR
News The offer, announced last night, would have seen Bouygues Telecom, Iliad, and Orange divide...
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New CityFibre CEO talks growth and altnet consolidation at Connected Britain
Having onboarded Sky and raised a significant amount of capital this year, CityFibre’s new CEO Simon Holden told Total Telecom the company was primed for further growth through altnet consolidation.
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MTN and Telkom once again eye the negotiating table
This week, a report from Bloomberg suggests that MTN are once again considering making another takeover bid for rival telco Telkom.
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Speed Fibre Group completes €22m acquisition of BT Communications Ireland
Telecoms infrastructure provider Speed Fibre Group has officially completed its acquisition of BT Communications Ireland Limited (BTCIL), marking a significant consolidation in the Irish telecommunications market
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Kyivstar approved to merge with Cohen Circle, clearing path for IPO
This week, the shareholders of US-based special purpose acquisition company (SPAC) Cohen Circle Acquisition Corp have approved the merger with Ukrainian telco Kyivstar.
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Intel to spin off networking unit in latest streamlining effort
Intel is set to spin off its networking and communications business, Network and Edge Group (NEX), as a standalone entity.
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Orange Cyberdefense acquires Swiss cybersecurity specialist ensec
Orange Cyberdefense, the cybersecurity subsidiary of Orange, has acquired 100% of ensec, a Swiss cybersecurity company based in Zurich, known for its expertise in consulting, IT security integration, managed security services and tailored support for a wide-ranging portfolio of products from leading cybersecurity providers.
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VMO2 buys £343m of spectrum from Vodafone
Virgin Media O2 has today announced the details of its spectrum transfer agreement with Vodafone UK
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VodafoneThree sets big goals for 5G standalone and broadband services
The newly merged operator has rival BT (EE) firmly in its sights, dubbing itself ‘The Nation’s Network’
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AT&T agrees $5.75 billion deal for Lumen’s consumer fibre assets
AT&T has reportedly reached a $5.75 billion deal to acquire fiber assets from Lumen Mass Markets
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Charter and Cox reveal agreement to combine companies
Charter Communications and Cox Communications have entered into a “definitive agreement to combine their businesses.”
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Telefonica’s continues LatAm retreat, mulls double down on UK
Telefonica is taking the next step in its withdrawal from South American, appointing Citi to oversee the sale of its Chilean unit, according to a report from El Confidencial.
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VMO2 Business merges with Daisy Group to build IT and telecoms ‘powerhouse’
Today, Virgin Media O2 (VMO2) Business and Daisy Group have announced their intention to merge, creating a new B2B communications and IT giant.
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EU looks to revamp merger rules to remain globally competitive
This week, the European Commission has launched a public consultation on the bloc’s longstanding merger rules, which it is hoped will encourage investment and innovation.
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Zen launches The Fibre Hub altnet aggregation platform
This week, Rochdale-based ISP Zen Internet has celebrated the formal launch of The Fibre Hub, a platform that aggregates altnets and major network players.
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Community Fibre hits profitability as altnet market braces for M&A
This week, The Financial Times reports that London-based altnet Community Fibre has posted earnings before interest, tax, depreciation and amortisation (EBITDA) of £8 million in 2024, marking the first time the company has been profitable.
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