Thursday, 23 November 2017

Yes, no and maybe: ongoing M&A mania in telecoms

By Mary Lennighan, Total Telecom
Friday 31 October 14

Lenovo buys Moto and Level 3 closes TW Telecom buy, but other industry takeovers are still up in the air.

Barely a day goes by in the telecoms space that doesn't bring with it a new or recycled rumour of some sort of merger or acquisition. That proved to be the case this week, but we also had some hard news on the M&A front. On Thursday once-powerful U.S. mobile phone maker Motorola became a Lenovo company. The Chinese vendor closed the US$2.91 billion acquisition of Moto it announced in January and made it clear that it has lofty ambitions in the smartphone space. Lenovo aims to sell 100 million mobile devices in the year to the end of March and…

Barely a day goes by in the telecoms space that doesn't bring with it a new or recycled rumour of some sort of merger or acquisition. That proved to be the case this week, but we also had some hard news on the M&A front. On Thursday once-powerful U.S. mobile phone maker Motorola became a Lenovo company. The Chinese vendor closed the US$2.91 billion acquisition of Moto it announced in January and made it clear that it has lofty ambitions in the smartphone space. Lenovo aims to sell 100 million mobile devices in the year to the end of March and…

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