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Proximus to buy MVNO Mobile Vikings for EUR 130 million

2020-12-14 08:48:00| Telecompaper Headlines

(Telecompaper) Belgian operator Proximus has agreed to buy the MVNOs Mobile Vikings and Jim Mobile from DPG Media for EUR 130 million. Vikings is the country's largest MVNO and will continue to operate under its own brand, with the same services. Together, the two MVNOs count around 335,000 customers. 

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Best Buy Is Closing All 250 Mobile Stores on May 31

2018-03-01 18:16:41| PC Magazine Cell Phones Product Guide

Thinning margins and a higher cost of operations are being blamed for the decision.

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Telia agrees to buy NextGenTel mobile B2C customers for up to NOK 95 mln

2017-12-04 13:00:00| Telecompaper Headlines

(Telecompaper) Telia Company said it has reached an agreement with NextGenTel to acquire slightly more than 34,000 B2C mobile customers and roughly 4,000 B2C mobile broadband customers. Telia said the deal is expected to close in early 2018 whereas NextGenTel said it was likely to be during June. NextGentel said the purchase price is a minimum of NOK 75 million and a maximum of NOK 95 million, depending on the number of customers actually migrated

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Medialaan to buy Mobile Vikings

2015-11-20 09:12:00| Telecompaper Headlines

(Telecompaper) The broadcaster Medialaan has agreed to buy Belgian MVNO Mobile Vikings. The sale is part of cable operator Telenet's concessions to the European Commission aimed at securing approval for its takeover of mobile operator Base from KPN. In addition to buying Base's 50 percent stake in Vikings, it will take over the customers of JIM Mobile, a MVNO tied to Medialaan's channel JIM. JIM Mobile was set up in 2010 under a branded partnership with Base. Following Telenet's acquisition of Base, the 'branded partner' agreement would still continue, but Base would transfer, within a period of maximum two years, the JIM Mobile customers to Medialaan, who would then become a full MVNO on the Base network. Mobile Vikings also confirmed plans to become a full MVNO after the takeover by Medialaan. In addition to Base's stake, Medialaan will also buy out the founders of Mobile Vikings to hold 100 percent of VikingCo. The takeovers depend on the European Commission's approval of the Base takeover and approval by the Belgian Competition Authority of Medialaan's acquisition of VikingCo and the JIM Mobile customer base.

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Hutchison to buy UK mobile network O2 for $US15.3 billion

2015-03-25 09:50:20| Telecom - Topix.net

Hutchison's finance director, has said the deal's approval will probably rest with European authorities in Brussels, rather than UK officials. Billionaire Li Ka-shing's Hutchison Whampoa Ltd agreed to buy Telefonica SA's O2 unit in the UK for more than $US15 billion creating the nation's biggest wireless provider by customers, increasing a bet on telecommunications amid an overhaul of his business empire.

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