How Inmarsat is ready for the global broadband revolution | Q&A
British MSS operator Inmarsat has just placed the final piece of its next-generation Global Xpress network into orbit, promising seamless,...
Strategy and Markets
Cellnex’s credit profile weakens after tie-up with Swiss Towers
Concerns about Cellnex Telecom’s rising leverage have spurred Fitch Ratings to turn downbeat about the Spanish telco’s creditworthiness. Fitch said it has revised its...
Merger of Benestra and Swan to form largest Slovak alternative telecoms operator
Slovak investment fund Sandberg Capital and local telecoms operator DanubiaTel have agreed to merge their telcos Benestra and Swan as broadband coverage in the country improves. While DanubiaTel will...
European towerco M&A continues to snowball with Cellnex’s US$512m Sunrise deal
A consortium led by towerco Cellnex Telecom has agreed to acquire 100% of Swiss mobile network operator Sunrise-controlled Swiss Towers for SFr500m (US$512m). In Cellnex CFO José Manuel Mancho’s recent disclosure...
Softbank Vision Fund fuels M&A rumours with US$93bn capital close
London-based Softbank Vision Fund (SVF) has completed its first major close with more than US$93bn of committed capital fuelling speculation about increased M&A...
Axiata sells 10% stake in Cambodian mobile operator to cut debt
Malaysian telco Axiata Group’s Cambodian subsidiary Axiata Investments has sold a 10% stake in Cambodia’s largest mobile operator Smart Axiata for US$66m. Japanese general trading company Mitsui & Co and its...
CGWIC signs satellite contract with joint venture in Indonesia
China Great Wall Industry Corp has signed a contract understood to be worth US$220m with PT Palapa Satelit Nusa Sejahtera,...
CWC’s Flow bolts on broadband with Dominican cableco Marpin 2K4 buy
Cable & Wireless Communications-owned Flow has reportedly acquired Dominican cableco Marpin 2K4 from Dominica Social Security for an undisclosed sum to provide quad-play services. The operator will...
Euskatel consolidates Basque telecoms market with €700m Telecable acquisition
UK TMT investment fund Zegona has sold its Spain-based cableco Telecable to Basque MVNO Euskaltel for €701m (US$771m) including debt. Zegona CEO Eamonn O’Hare said that the transaction...
Deutsche Telekom posts record 18-month stock gain as Sprint and T-Mobile talk merger
SoftBank-owned US telco Sprint Corp has reportedly initiated merger talks with Deutsche Telekom’s T-Mobile US to create a stronger and more competitive three-player market. Financial and legal...
