AYO acquires 30% of British Telecom South Africa
Acquisition is designed to assist AYO engage with a greater number of South African multi-nationals
Telecom Egypt subsidiary EISCC buys MENA submarine cable for $90 million
The transaction should be completed by mid-July, if all customary conditions are met
Vodafone to spend €18 billion to acquire Liberty Global operations in Europe
Vodaphone will purchase operations in Germany, The Czech Republic, Hungary and Romania
American Tower expands further in Africa with acquisition of 723 towers
Telkom Kenya has reached an agreement to sell the towers to American Tower to ease cash flow
UAE's Yahsat signs deal to acquire satellite operator Thuraya
Yahsat to purchase a majority stake in Thuraya to create a global powerhouse in fixed and mobile satellite services
LogMeIn acquires Jive Communications
The acquisition accelerates LogMeIn’s overall UCC strategy by bringing together LogMeIn’s offerings like GoToMeeting, GoToWebinar, and with Jive’s UC products.
Teleology Holdings buys 9mobile, formerly Etisalat Nigeria
Led by former MTN CEO, Adrian Wood, Teleology won the bid earlier in the year, by offering more than $500 million while one of the other top bidders, Smile offered $300 million.