United Internet in pole position to buy Host Europe Group after Deutsche Telekom bows out
German incumbent Deutsche Telekom (ETR:DTE) has reportedly pulled out of the bidding process for local web-hosting company Host Europe Group (HEG)...
Strategy and Markets
DNA targets up to €518m from IPO designed to position it for further growth
Finland’s third largest mobile operator DNA aims to raise about €464m-€518m (US$494m-US$556m) in an IPO valuing the company at €1.3bn-€1.47bn...
Zain expects to agree US$500m-plus tower sale by end of H1 2017
Kuwaiti telco Zain has shortlisted two bidders to buy its mobile towers in Saudi Arabia and expects to seal a US$500m-plus...
Oi hires Laplace as financial adviser, Sawiris and bondholders consider bid
Struggling Brazilian telco Oi has reportedly hired restructuring specialist Laplace Finanças to replace PJT Partners as its financial adviser on its debt restructuring. Meanwhile, a...
GTT boosts dark fibre, cloud assets with US$590m Hibernia Networks buy
US-based cloud networking provider GTT Communications has agreed to acquire Hibernia Networks, a global network operator with terrestrial and subsea fibre...
United Internet to sell stake in business applications division to Warburg Pincus, puts IPO plans on ice
German ISP United Internet has agreed to sell a 33.33% stake in its business applications division to private equity firm Warburg...
VimpelCom and CK Hutchison close Italian merger, creating new number one mobile player
Russia-focused VimpelCom and Hong Kong-based CK Hutchison have completed the US$20bn combination of their Italian units, creating the country’s largest mobile operator with...
Windstream and EarthLink discuss merger as pressure to build scale intensifies
US rural telco and ISP Windstream is reportedly in advanced talks to merge with managed network, cloud and internet services provider...
Deutsche Telekom mulls BT exit, potentially paving way for T-Mobile US deal
Deutsche Telekom is looking at divesting its stake in BT, enabling it to exit the post-Brexit UK market and focus on...
Iliad considers using Enel broadband network as it prepares for Italian market debut
French billionaire Xavier Niel’s Iliad has been in contact with Italian energy firm Enel about using its planned nationwide fibre optic network,...
