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Tag: eur
United Group buys Tele2 Croatia for EUR 220 million
2019-06-03 08:44:00| Telecompaper Headlines
(Telecompaper) Tele2 has agreed to sell its Croatian unit for EUR 220 million to United Group, a cable and mobile operator in Southeast Europe. This is United's first acquisition in the Croatian telecoms market and marks Tele2's exit from the region and withdrawal to the Nordic and Baltic markets.
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united
eur
million
Canal Plus to acquire European pay-TV operator M7 for EUR 1 billion
2019-05-28 09:50:00| Telecompaper Headlines
(Telecompaper) Vivendi's subsidiary Canal Plus has announced the acquisition of Luxembourg-based pay-TV operator M7 Group from private equity firm Astorg Partners, in a deal worth slightly over EUR 1 billion. Subject to approval from the European Commission, the acquisition would enable the broadcaster to expand its presence in seven new European markets.
Tags: eur
european
operator
billion
Orange to acquire cyber security provider SecureLink for EUR 515 mln
2019-05-08 09:39:00| Telecompaper Headlines
(Telecompaper) Orange has announced an agreement to acquire European cyber security specialist SecureLink from Investcorp, in a deal that values the company at EUR 515 million. The move follows the acquisition of UK-based cyber security company SecureData earlier this year, to support growth at the Orange Cyberdefense division in Anglophone countries. Subject to customary closing conditions, this latest deal is expected to be finalised in the third quarter, or at the end of the second quarter.
Tags: security
eur
orange
provider
Telefonica to sell 11 data centres to Asterion for EUR 550 mln
2019-05-08 09:09:00| Telecompaper Headlines
(Telecompaper) Telefonica has reached an agreement to sell 11 of its data centres to investment fund Asterion for a total of EUR 550 million, confirming recent reports. The transaction covers 11 data centres with an installed service capacity of 29 MW located in Argentina (2), Brazil (2), Chile (1), Spain (2), Mexico (1), Peru (2) and the US (1) and also includes the signing of a long-term housing services agreement to the Telefonica Group, allowing the company to maintain its commercial offer. The operation does not include the sale of servers owned by Telefonica, or the management and access to customers hosted on them.
Iliad in talks to sell mobile towers in Spain and Italy to Cellnex for EUR 2 bln
2019-05-07 09:55:00| Telecompaper Headlines
(Telecompaper) France's Iliad has announced exclusive negotiations with Spanish infrastructure operator Cellnex Telecom for the sale of 70 percent of the company managing its mobile telecom infrastructure in France and 100 percent of the company managing its passive mobile towers infrastructure in Italy. The agreement encompasses 5,700 sites in France plus 2,200 sites in Italy and is worth an initial EUR 2 billion, said Iliad, adding that the transaction would help to strengthen its balance sheet and general financial position as well accelerate 4G and 5G mobile rollouts in France and Italy.
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