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Bharti Airtel to acquire Millicom's operations in Rwanda

2017-12-19 09:02:00| Telecompaper Headlines

(Telecompaper) Bharti Airtel has agreed to acquire Tigo Rwanda from Millicom. The acquisition will consolidate the Rwandan telecom market and position Airtel as a strong number two, after market leader MTN. The consideration for the transaction values Tigo Rwanda at 6x adjusted EBITDA for 2017, payable over two years.

Tags: operations acquire rwanda airtel

Equinix to acquire Australia's Metronode for AUD 1 bln

2017-12-19 06:40:00| Telecompaper Headlines

(Telecompaper) Data centre operator Equinix has agreed to acquire Ontario Teachers' Pension Plan's equity interest in the Metronode group of companies. The all-cash transaction is worth AUD 1.035 billion (USD 792 million). The acquisition is scheduled for completion in the first half of 2018.

Tags: acquire aud bln australias

Thales outbids Atos to acquire Gemalto

2017-12-18 08:50:00| Telecompaper Headlines

(Telecompaper) The offer price represents a premium of 57 percent over the closing price of Gemalto stock on 8 December, before Atos made its bid. Thales said it will combine its digital assets with Gemalto within a new Global Business Unit, to be led by Gemalto CEO Philipps Vallee. Gemalto will continue under its own brand as one of the seven Thales global business units. Altogether, the new business unit will represent about 20 percent of pro forma group revenues and rank among the top three players worldwide, with EUR 3.5 billion revenues in the fast growing digital security market.

Tags: acquire atos thales gemalto

T-Mobile Netherlands to acquire Tele2 NL

2017-12-15 15:00:32| Digital TV News

Deutsche Telekom and Tele2 have announced that they have reached an agreement under which T-Mobile will acquire Tele2s Dutch business. The enlarged company will continue to operate as T-Mobile Netherlands and will also use the Tele2 brand in the market.

Tags: netherlands acquire tele2 tmobile