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M&A

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Orange and MasMovil found a potential resolution to their merger issues in Digi, a telecom company based in Romania. M&A

In a bold amalgamation move, Orange and MasMovil are set to combine their Spanish telecom operations in a €19 billion deal. European regulators, however, have expressed concerns, fearing a spike in consumer costs due to a potential market monopoly. To address these apprehensions, Orange and MasMovil are shedding some assets, with Romanian telecom Digi earmarked to acquire parts of the business, paving the way for a more competitive landscape. Californian tech enthusiasts, early adopters and IT professionals are keenly observing this development, which is seen as a yardstick for regulator sentiment towards large-scale telecom consolidation in Europe.

Ooma, Inc., a leading smart communications platform for businesses and consumers, has successfully acquired 2600Hz, Inc. M&A

Ooma, Inc., a leading smart communications platform for businesses and consumers, has successfully acquired 2600Hz, Inc. The acquisition, valued at approximately $33 million in cash, closed on October 20, 2023. This strategic move is set to enhance Ooma’s business solutions and expand its market reach.

The merger between Vodafone and Three has become a topic of contention as predictions suggest it might lead to creation of 12,000 jobs. M&A

The looming merger of Vodafone and Three in the UK sparks heated debate. Anticipated job creation sits around 12,000, yet union estimates portend a job cut of around 1,000 to 1,600. Amidst global job-shedding by Vodafone and Three’s concerning job loss record, an £11 billion pledge to enhance network coverage brings a glimmer of hope. However, hazy figures on staffing levels and possible challenges accessing skilled labor add to the uncertainty.

Ericsson navigates uncertain market conditions as shares nosedive due to less-than-stellar sales and the aftermath of Vonage acquisition. M&A

Swedish telecom giant, Ericsson, navigates uncertain market conditions as shares nosedive due to less-than-stellar sales and the aftermath of Vonage acquisition. CEO Börje Ekholm’s outlook paints a cautious but proactive stance into 2024, with reiteration that long-term EBITA margin targets remain unaltered. Despite this, debates swirl around the company’s decision to acquire Vonage and its impact on the downturn. Could potential partnerships and strategic moves towards Open RAN and Cloud RAN be the missing puzzle pieces to Ericsson’s comeback?

A significant move was recently made in the telecom sector, as Phoenix Tower International secured a deal to acquire NOVEC’s German unit. M&A

Phoenix Tower International’s acquisition of NOVEC’s German unit offers a lucrative entry point into a high-potential European market, despite a downturn in mergers and acquisitions within the tower sector. This pivotal move solidifies Phoenix Tower’s expansion strategy, leveraging Germany’s stature as Europe’s largest economy and a global wireless build-out hub. Intriguingly, Phoenix’s bold move contrasts with rivals like Cellnex, who have curbed spending due to financial pressures. This daring feat underscores the fluidity and continuous evolution in the telecommunications infrastructure sector.

Sweden and Denmark is on the brink of a substantial transformation, with Stonepeak's impending acquisition of a 49% stake in Cellnex Nordics. M&A

The telecommunications realm of Sweden and Denmark is on the brink of a substantial transformation, with Stonepeak’s impending acquisition of a 49% stake in Cellnex Nordics. Despite alterations in ownership, operational management remains with Cellnex. However, the agreement awaits regulatory approval, with full expectancy of completion by Q1 2024. The funding injection is anticipated to bolster Cellnex’s debt reduction strategy, aiming for a coveted S&P investment grade credit rating. Both parties share a positive outlook, viewing this step as critical in Cellnex’s broader shift towards consolidation.

In a significant development in the telecommunications sphere, Voneus will merge with Broadway Partners, Cadence Networks, and SWS Broadband. M&A

In a game-changing move, Voneus aligns with Broadway Partners, Cadence Networks, and SWS Broadband, facilitated by Macquarie Capital, IIF, and Tiger Infrastructure Partners, alongside a hefty £250 million investment. Known for boosting superfast broadband in underserved UK rural areas, Voneus’ ambitious scope partnered with Project Gigabit has proven an investment magnet. Phantom impacts of this colossal merger are yet to unfold, but Voneus sets its sights on servicing 350,000 premises across the UK in a dynamic shift in the telecommunications sector.