Monday, 24 September 2018

Money, money, money: M&A action and MWC advice

By Mary Lennighan, Total Telecom
Friday 21 February 14

This week's telecoms takeovers and Total Telecom's top tips for surviving a week in Barcelona.

Vodafone completes the $130 billion sale of its 45% stake in Verizon Wireless today. The closure of that mega-deal comes at the end of a week in telecoms which brought with it a couple of interesting M&A announcements, albeit on a smaller scale. Facebook's US$19 billion acquisition of OTT messaging provider WhatsApp pales into insignificance compared with the Vodafone deal, but it is a sizeable sum of money to pay for a company that charges its users just $1 per year. That said, there are 450 million of them and Facebook CEO Mark Zuckerberg insists the firm is on track to reach 1 billion…

Vodafone completes the $130 billion sale of its 45% stake in Verizon Wireless today. The closure of that mega-deal comes at the end of a week in telecoms which brought with it a couple of interesting M&A announcements, albeit on a smaller scale. Facebook's US$19 billion acquisition of OTT messaging provider WhatsApp pales into insignificance compared with the Vodafone deal, but it is a sizeable sum of money to pay for a company that charges its users just $1 per year. That said, there are 450 million of them and Facebook CEO Mark Zuckerberg insists the firm is on track to reach 1 billion…

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