mergers and acquisitions

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, …

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. …

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 …

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 …

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 …

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 …

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 …

U.S. distributed antenna system (DAS) and Wi-Fi provider Boingo Wireless says it has agreed to be acquired by an affiliate of Digital Colony Management in a deal worth $854 million. The transaction will take Boingo from being a public company …

Liberty Global CEO Mike Fries said that a merger of its Virgin Media UK brand with Telefonica’s local mobile operator O2 was on track to be completed this year, citing positive progress being made with regulators. The executive noted the …

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 the sepia-tinted shades, set the date for #TBT and enjoy …

The acquisition gives Extreme Networks an edge in cloud management and Wi-Fi 6 In some ways, software-driven networking company Extreme Networks’ path to acquiring Aerohive Networks, a cloud-management networking company, began four years ago. That was when Extreme began assessing where its …

Merger and acquisition activity in the U.S. technology, media and telecommunications (TMT) sector will be robust at least well into 2019, driven by several factors, indicating higher M&A valuation for companies in this sector. Merger and acquisition activity in the …

  Vodafone and TPG also created a new joint venture focused on 3.6 GHz spectrum acquisition United Kingdom-based Vodafone Group confirmed that Vodafone Hutchison Australia (VHA) has agreed to merge with local telco TPG Telecom to create a new integrated …

T-Mobile CEO says combination will prompt increased 5G investment by AT&T, Verizon As company executives work Washington D.C. circles to develop support for the proposed merger, T-Mobile US and Sprint are making their case for regulatory approval with a joint …

Judge Richard Leon called government’s case against the merger “weak” “If there ever were an antitrust case where the parties had a dramatically different assessment of the state of the relevant market and a fundamentally different vision of its future …

AT&T plans to close the merger on or before June 20 to avoid break-up fee A federal judge has approved AT&T’s $85 billion acquisition of Time Warner, with no concessions or restrictions on the vertical merger — and advice to …

ExteNet Systems added to its fiber optic holdings today with the completion of its acquisition of Axiom Fiber Networks; terms of the deal were not disclosed. Axiom owns a 20-mile, 864 strand count core network the company describes as “purpose …

Digital transformation specialist Happiest Minds Technologies acquired IoT firm Cupola Technology Indian IT company Happiest Minds Technologies has announced the acquisition of IoT specialist Cupola Technology. Happiest Minds Technology focuses on next generation digital transformation, infrastructure, security and product engineering …

Webpass CEO said Google Fiber acquisition to ‘accelerate deployment’ of fiber network San Francisco-based internet service provider Webpass, according to company President Charles Barr, will be acquired by Alphabet subsidiary Google Fiber, which is the technology giant’s residential fiber internet …

The transaction is expected to be completed in Q1 2016 Shareholders of Finnish telecom equipment manufacturer Nokia approved the proposed $16.5 billion acquisition of French-based supplier Alcatel-Lucent. Nokia has obtained all the regulatory approvals required to proceed with the proposed transaction. …

Nokia’s offer to buy France’s Alcatel-Lucent for $17.5 billion represented further consolidation of the telecom infrastructure market. The joining of these two European network giants appears to have left only three global players: Ericsson, Huawei and the new Nokia to be created by …

The rumors about these two companies coming together have been heard around industry conferences and water coolers for years now. It seems there’s a good reason for that. As shared in this morning’s press conference, they aren’t rumors any longer, …

While a flurry of telecom deals are underway in Europe, the new European Union competition commissioner, Margrete Vestager, is starting to stake out a position against too much consolidation on the continent. Speaking in a video interview with The Deal, …

VimpelCom selling Djezzy for $2.6B While other carriers look for mergers and acquisitions in Europe, two major Dutch telecoms are shrinking their asset portfolios. VimpelCom recently announced it is selling its 51% stake in Algeria’s Djezzy for $2.6 billion. The Amsterdam-based telco …