The telecom landscape in Eastern Europe has changed dramatically over the last decade, with sustained deal-making reshaping a number of markets across the region.
The latest player to jump aboard the M&A merry-go-round is 4iG, an ICT firm based in Budapest. Today, we take a look at the company’s key takeover deals to date.
Brazil’s long-awaited 5G spectrum auction drew to a close in November. It generated total commitments of BRL47.2 billion ($8.5 billion).
Alongside bids from major players Telefonica Brasil (Vivo), Claro Brasil, and TIM Brasil—and established regional players like Algar Telecom and Sercomtel—the auction featured a number of lesser-known participants.
Today we scrutinize the other companies that scooped up 5G frequencies and examine their plans.
Starlink—the satellite broadband venture established by Elon Musk’s SpaceX business—has attracted plenty of attention this year, especially as the outspoken entrepreneur continues to share his company’s ambitious plans on social media.
With fellow tycoon Jeff Bezos plotting an alternative satellite broadband launch via Project Kuiper, the two billionaires have become embroiled in an increasingly bitter public feud in recent months.
But these two heavyweights aren’t the only parties determined to enter the satellite broadband sector. From China, to Canada, to the UK, let’s break down the key international players targeting the low earth orbit (LEO) sector to see how their respective proposals stack up.
Following last month’s Progress Report in which we examined key wireless newcomers, today we scrutinize would-be major players who are finalizing their launch plans.
The last 18 months have seen commercial launches from three major wireless newcomers: Rakuten Mobile in Japan, DITO Telecommunity in the Philippines, and WOM in Colombia.
The markets in question are very different, but each is ultra-competitive in nature.
This week we examine the respective progress made by the three newcomers and evaluate whether they’re living up to the hype.
Earlier this month, Norway-based Telenor Group agreed to sell 100% of its mobile business in Myanmar to Lebanese investment firm M1 Group. The deal is valued at $105 million.
As recently as 2013, Myanmar was hailed as the last untapped market in Asia, with global telecom giants jockeying to gain a foothold in the market. But since the country suffered a military coup in February 2021, international operators have watched nervously as conditions have deteriorated.
Telecom tycoon Patrick Drahi was born in Casablanca, Morocco in 1963, before moving to France as a teenager.
His cosmopolitan reputation precedes him. He currently holds Israeli, French, and Portuguese citizenship. A renowned art lover, his 2019 takeover of British auction house Sotheby’s thrust him into the UK media spotlight.
Understandably, his recent £2.2 billion ($3.1 billion) acquisition of a 12.1% stake in British communications giant BT has only intensified scrutiny on the notoriously private Drahi.
Last month Luxembourg-based Millicom International Cellular sealed a pair of deals that will see it exit the African telecom sector once and for all.
Its stake in Ghanaian joint venture AirtelTigo was sold to the country’s government. Tigo Tanzania and Zanzibar Telecommunication (Zantel) were offloaded to a consortium led by Axian—the company that previously acquired Millicom’s Senegal-based business in 2018.
In September 2020, U.S. telecom giant Verizon announced the surprise takeover of prepaid MVNO TracFone Wireless. The deal is worth a whopping $6.25 billion.
Verizon hopes that the transaction will help it compete in the prepaid space, where T-Mobile U.S. and AT&T rule the roost with their Metro by T-Mobile and Cricket Wireless brands.
