In a strategic move aimed at bolstering Norway’s space capabilities, Telenor Norway has successfully concluded the sale of its satellite business to Space Norway for a staggering NOK 2.36 billion ($228 million). The transaction, which received approval from the Norwegian Parliament just before Christmas, marks a significant shift in ownership of Telenor Satellite, a leading European provider of satellite TV broadcast and VSAT data communications services for maritime and land-based sectors.
Brookfield Asset Management’s proposed $2.5 billion acquisition of American Tower Corporation’s Indian operations could redefine the country’s telecom landscape. This strategic move, merging around 75,000 of ATC’s sites with Brookfield’s digital infrastructure, would create the world’s second-largest independent tower company. However, government approval remains a necessary stepping stone.
In a strategic move to bolster its cybersecurity offerings, SonicWall, a prominent player in the global cybersecurity arena, has officially acquired Banyan Security. Banyan Security is recognized as a leading provider of Security Service Edge (SSE) solutions tailored for the contemporary workforce, and this acquisition is poised to fortify SonicWall’s portfolio.
In a significant move aimed at creating a formidable force in the telecommunications industry, Dish Network and EchoStar have officially concluded their merger. The strategic integration combines Dish Network’s satellite, streaming, and mobile operations with EchoStar’s robust satellite business, realizing the vision of establishing a ‘global leader’ in both terrestrial and non-terrestrial wireless connectivity.
In a strategic move to enhance their presence in the North West of England and the Midlands, Freedom Fibre and VX UK have announced a merger, forming a new entity named Freedom Fibre Limited. The combined operation will cover a substantial footprint of 285,000 premises, with Neil McArthur, founder and CEO of Freedom Fibre, leading the helm along with the current senior leadership team from Freedom Fibre.
In a groundbreaking move, Iliad and Vodafone are set to join forces in a strategic merger that has gained unanimous support from Iliad’s board of directors and its primary shareholder, Xavier Niel. The proposal aims to amalgamate Iliad’s ‘innovative approach to connectivity, affordability, and digital inclusivity’ with Vodafone’s expertise in the business-to-business (B2B) sector.
In a strategic move towards advancing its commitment to a circular economy, TXO, a prominent provider of end-to-end circular telecom network solutions, has officially acquired Lynx UK Ltd. The acquisition positions TXO as a key player in sustainable telecom networks, supporting operators worldwide in their pursuit of environmentally conscious network expansion and transformation.
In a long-anticipated move, telecommunications giants Digi, Orange, and MasMovil have finalized agreements as part of their ongoing merger negotiations. The trio is seeking the European Commission’s approval to resume the halted approval process, which stalled in July.
In a landmark move, Zain Group, Ooredoo, and TASC Towers Holding have officially inked a definitive agreement to merge their tower assets, forming a colossal entity valued at $2.2 billion. This strategic collaboration, originating from talks initiated in July, consolidates a combined total of 30,000 towers spanning Qatar, Kuwait, Algeria, Tunisia, Iraq, and Jordan, establishing the largest tower company in the Middle East and North Africa.
Last Friday experienced a network issue affecting many Three customers, drawing nearly 18,000 complaints. Meanwhile, Three is discussing a merger with Vodafone, a move subject to scrutiny by the Competition and Markets Authority which is currently conducting a formal Phase 1 investigation.
