Telecoms
Poste Italiane/TIM deal unlikely to face major regulatory hurdles, Italian antitrust sources say
Poste Italiane’s €10.8bn (US$12.6bn) proposed takeover offer for Telecom Italia (TIM) is not expected to face major competition concerns, according to three Italian antitrust sources with knowledge of the case. On 10 April, Poste said […]
TIM board will not start fully assessing Poste Italiane offer before end of April
The board of Telecom Italia (TIM) has not yet mandated advisers to assess the €10.8bn (US$12.5bn) takeover offer it received by Italy’s postal services provider Poste Italiane on 22 March, according to a person close […]
EU regulatory sources sceptical about potential Telefónica/Vodafone Spain tie-up over antitrust hurdles
Major antitrust hurdles stand in the way of a merger between Spanish telecoms giant Telefónica and Vodafone Spain, which it is expected to have a major domino effect across the European telecoms sector if it […]
Telecom Egypt building blaze could impact privatisation process, say local sources
Last week, on Monday 7 July, life in Egypt virtually came to a halt. Phone calls were unable to be made, and internet access was largely unavailable. Aviation services, credit card payments, ATMs, and online […]
Review of BT’s remaining international operations “still in progress” as company announces sales agreement for Italian business; joint venture with industry peer thought to be most likely “interim step”
A strategic review for UK former telecoms incumbent BT’s remaining international operations, which are part of its business division, is “still in progress”, a BT spokesperson said, declining to provide timing guidance for the process. […]
CVC still monitoring TIM developments despite no active engagement; TIM/Iliad tie-up “one of the options” on the table, source close to Poste says
British investment fund CVC is no longer actively pursuing a deal involving former Italian telecom incumbent TIM, although it is still “closely” monitoring the developments at the operator, following Poste Italiane’s acquisition of Vivendi’s stake […]
CVC in “wait-and-see” mode after Poste Italiane acquires TIM stake; Vivendi keen to divest full interest “at an adequate price”
Investment fund CVC is in a “wait-and-see” mode after an agreement for the purchase of Vivendi’s 24% stake in Italy’s former incumbent TIM has failed to receive initial support from the Italian government, a person […]
China expected to “closely” scrutinise Keysight Technologies/Spirent Communications merger; update on status of UK antitrust process
Keysight Technologies’ planned acquisition of British automated testing and assurance solutions provider Spirent Communications is expected to go through a lengthy antitrust review with China’s State Administration for Market Regulation (SAMR), accor… To read the […]
Bharti’s acquisition of 24.5% in BT likely to face lengthy regulatory approval process
The planned sale of a 24.5% stake in UK former incumbent BT to Indian conglomerate Bharti is expected to face in-depth scrutiny under UK national security regulations, although the deal, which will require approval in […]
KKR’s written reassurances to FiberCop clients pave way for EU unconditional antitrust approval of TIM’s network sale, source involved in the process says
KKR has sent a “unilateral” declaration to FiberCop’s clients committing to maintaining the terms of their existing contracts with the company following the acquisition of TIM’s NetCo, paving the way for the unconditional approval of […]
