Advania joins forces with Denmark's Cortex Consult
DENMARK 12:27

Advania joins forces with Denmark's Cortex Consult

Advania has announced that it is joining forces with Danish company Cortex Consult, a company founded in 1998. Cortex's managed services business will be integrated into Advania's existing operations and operate under the Advania brand. The Danish company primarily serves mid-sized businesses, as well as selected larger customers in the private and public sectors.

Gamma confirms takeover talks with Providence Equity Partners
UNITED KINGDOM 09:05

Gamma confirms takeover talks with Providence Equity Partners

Gamma Communications confirmed that Providence Equity Partners is one of the parties involved in potential takeover talks with the company. In a statement to the London Stock Exchange, Gamma said that talks are at a preliminary stage, with no guarantee that an offer will be made. In line with the City Code on Takeovers and Mergers, Providence now has 28 days (until 10 June) to confirm whether or not it plans to make a takeover offer for Gamma. 

Spain's Ezentis increases EDA stake to 65%
SPAIN 08:21

Spain's Ezentis increases EDA stake to 65%

Spanish telecommunications infrastructure specialist Ezentis has acquired a further 5 percent stake in the share capital of EDA Instalaciones y Energia, increasing its holding to 65 percent. Ezentis said it paid EUR 1.2 million for the new stake, 50 percent in cash and 50 percent in Ezentis shares, which will be issued through a capital increase to be approved at the next AGM.

Infosys opens security operations centre in Australia following acquisition
AUSTRALIA 05:41

Infosys opens security operations centre in Australia following acquisition

Infosys has launched a dedicated Global Security Operations Center (GSOC) in Australia as part of an expansion of its cybersecurity capabilities across Australia and New Zealand. The facility, located at the company's North Sydney office, is Infosys's first dedicated GSOC in Australia and follows its acquisition of Australian cybersecurity services provider The Missing Link.

Millicom Q1 revenues up to USD 2 bln after acquisitions
LATIN AMERICA AND THE CARIBBEAN 12 MEI

Millicom Q1 revenues up to USD 2 bln after acquisitions

Millicom, owner of Tigo-branded operations across Latin America, said its revenues climbed to just under USD 2 billion (USD 1.985 billion) in the first quarter of 2026, up 45.1 percent on a reported basis and 4.2 percent organically, following major acquisitions in Ecuador, Uruguay, Chile and Colombia. Service revenues were up 4.9 percent on an organic basis to USD 1.86 billion. Adjusted EBITDA rose 9.6 percent to USD 857 million, with operating profit dipping 1.2 percent to EUR 416 million and net profit c

Harmonic achieves organic sales growth in Q1 ahead of video divestment
GLOBAL 12 MEI

Harmonic achieves organic sales growth in Q1 ahead of video divestment

Harmonic has reported a 43.3 percent increase in net revenues from continuing operations in its first fiscal quarter to 03 April. The Q1 statements portray a favourable landscape for Harmonic's broadband equipment and software line-up, as the US vendor prepares to tie up the USD 145 million sale of its video business announced in December. Net turnover from Harmonic's remaining broadband assets reached USD 121.7 million, up from USD 84.9 million last year, while operating profits almost tripled to USD 20.4

Former Rostelecom manager lead candidate to acquire Svyaznoy chain
RUSSIAN FEDERATION 12 MEI

Former Rostelecom manager lead candidate to acquire Svyaznoy chain

Sergey Frolov, a former top manager of Russian national operator Rostelecom, is expected to acquire a majority stake in the mobile and electronics retail chain Svyaznoy, reports Cnews.ru. Frolov was the only participant in negotiations on the takeover under bankruptcy proceedings. Shares of the Cyprus-based company DTS Retail, owning 69.2 percent in the company Svyazvoy Chain, as well as a 5.6 percent stake in Svyaznoy Chain owned by the company Svyazoy are to be sold under the deal.

Telenor spins off Connexion as 50-50 joint venture with investment firm Verdane to exploit IoT market growth
GLOBAL 12 MEI

Telenor spins off Connexion as 50-50 joint venture with investment firm Verdane to exploit IoT market growth

Telenor has announced that it will spin off Telenor Connexion as a 50-50 joint venture worth SEK 7.5 billion with Verdane, a buyout firm that invests in businesses fostering digitisation and decarbonisation. The deal will realise value from Telenor Connexion's "strong" market position and provide it with access to long-term growth capital. The parties expect to complete the transaction during 2026, subject to the necessary regulatory approvals.

Iren acquires Spain's Nostrum Group to expand AI infrastructure in Europe
SPAIN 12 MEI

Iren acquires Spain's Nostrum Group to expand AI infrastructure in Europe

Australian neocloud provider Iren has agreed to acquire Spanish data centre developer Ingenostrum, known as Nostrum Group, in a move that expands the company's AI cloud infrastructure platform into Europe. The transaction adds around 490 MW of secured, grid-connected power capacity in Spain, alongside an additional development pipeline, increasing Iren's total power portfolio to 5 GW. The company said the acquisition would strengthen its ability to meet customer demand for AI infrastructure in Europe.

Onestream buys Cuckoo broadband customer base from AFPN
UNITED KINGDOM 11 MEI

Onestream buys Cuckoo broadband customer base from AFPN

UK fibre broadband provider Onestream has signed an agreement to acquire the Cuckoo broadband customer base of AllPoints Fibre Networks (AFPN). This doubles the Onestream customer base to 150,000 broadband connections. Under the long-term agreement, all Cuckoo customer contracts, domain and brand will transfer to Onestream; with the customer connections remaining on AFPN's Aquila wholesale platform.

Malone ends Liberty LatAm talks, to buy back 6% GCI Liberty stake
LATIN AMERICA AND THE CARIBBEAN 11 MEI

Malone ends Liberty LatAm talks, to buy back 6% GCI Liberty stake

GCI Liberty (GCIL) said its chairman John Malone has ended discussions on expanding his holdings in Liberty Latin America (LLA) after encountering "unexpected obstacles" that prevented a broader strategic deal, and will instead buy back the company's recently acquired 6 percent stake in LLA. The board approved Malone's offer to purchase the shares at the same price paid last month.

Portugal's telecom operators call for consolidation, clarity on license renewals
PORTUGAL 11 MEI

Portugal's telecom operators call for consolidation, clarity on license renewals

CEOs from Portugal's major telecom companies – Nos, Meo, and Vodafone – are adamant that the market needs consolidation, arguing that four operators is unsustainable given falling consumer revenues in 2025. Speaking at the APDC congress in Lisbon, Miguel Almeida from Nos openly criticised the regulator Anacom for promoting the entry of a fourth operator (Digi). He stated that "consolidation will happen" as it's impossible to compete on price in a market of Portugal's size with so many players. Ana Figueired

UNITED STATES 8 MEI

TDS proposes full takeover of Array Digital Infrastructure

Telephone & Data Systems (TDS) has announced a proposal to acquire all the outstanding public shares it does not already own in Array Digital Infrastructure, by way of a merger. The all-stock deal proposes exchanging each Array common share not owned by TDS for 0.86 of TDS common share. The proposed transaction is designed to streamline corporate structure and boost capital flexibility to support long-term growth for TDS.

SPAIN 8 MEI

Amper buys critical comms firm Teltronic for up to EUR 225 mln

Spain's Grupo Amper said it has signed a binding agreement with private equity fund manager Nazca to acquire Zaragoza-based critical communications specialist Teltronic for up to EUR 225 million. The purchase price consists of a fixed amount of EUR 155 million and a maximum earn-out of EUR 45 million, subject to the achievement of a series of targets. Amper has also agreed to assume EUR 25 million of Teltronic's debt.

SLOVAKIA 8 MEI

UPC Slovakia stops selling 4ka mobile services

UPC Slovakia has terminated sales of mobile services from the operator 4ka, reports Zive. This follows UPC's recent takeover by O2 Slovakia, a direct competitor of 4ka. UPC Slovakia started sales of mobile services from 4ka in 2023.

DOMINICAN REPUBLIC 8 MEI

Liberty Networks cleared to acquire Gold Data Dominicana

Liberty Networks, owned by Liberty Latin America, has received approval from the Dominican Republic's telecommunications regulator Indotel to acquire Gold Data Dominicana, the local unit of Latin American network provider Gold Data. Indotel said the deal reflects international investors' confidence in the country's regulatory stability and growth prospects.

GLOBAL 8 MEI

Rocket Lab secures largest launch contract as backlog reaches USD 2.2 bln

Rocket Lab has signed its largest launch agreement to date, securing a multi-launch contract for five Neutron missions and three Electron missions between 2026 and 2029, as the company reported record quarterly revenue and backlog growth. The contract, signed with an undisclosed customer, will use launch facilities in New Zealand and Virginia. Rocket Lab said the deal increases its overall launch manifest to more than 70 missions and brings its total backlog value to more than USD 2.2 billion.

BRAZIL 7 MEI

TIM Brasil acquires full ownership of I-Systems from IHS Towers

IHS Towers has finalised the sale of its 51 percent share in Brazilian fibre network provider I-Systems to TIM Brasil. TIM Brasil, which previously owned 49 percent of I-Systems, now has full ownership after acquiring the remaining stake for BRL 947 million. The transaction was initially announced in February.

GLOBAL 7 MEI

CSG net profits lift 48% in Q1

BSS vendor CSG Systems reported a 48 percent rise in first-quarter net profits to USD 23.9 million, driven by higher sales and resilient underlying profit metrics. Pre-tax operating profits lifted 19.4 percent year-on-year to USD 35.1 million on a higher margin of 11.2 percent. A USD 2.8 million gain on other income along with lower debt charges year-on-year contributed to the sharper growth in CSG's net income figure, offset partially by a higher income tax provision.

BRAZIL 7 MEI

TIM Brasil expresses interest in Oi Solucoes acquisition

TIM Brasil announced its intention to qualify for the upcoming auction of Oi Solucoes, Oi's corporate customer unit which is up for sale as part of its judicial debt reorganisation. The auction is slated for 17 June, with a minimum cash bid of BRL 1.42 billion. Andrea Viegas, TIM Brasil's financial director, stated that qualifying will grant TIM access to Oi Solucoes' contract data, enabling the operator to thoroughly assess the value and viability of actively participating in the bidding process, reported

GLOBAL 7 MEI

Kontron shareholder Ennoconn considers full takeover

Kontron announced that its anchor shareholder Ennoconn is considering a takeover bid for the Austrian company. Due to Kontron's ongoing share buyback, Ennoconn's stake in the company is nearing the 30 percent threshold when it would be legally required to make an offer for the rest of the shares. If a formal bid if launched, the price would be EUR 23.50 per share. 

NETHERLANDS 7 MEI

Dutch court rejects lawsuit against Solvinity contract renewal

The Dutch government may extend its contract with Solvinity, despite concerns from three citizens about their personal data, according to a ruling from a court in The Hague. Its full decision will be published within two weeks. The claimants wanted the contract with Solvinity to run the national DigiD system ended if its takeover by US-based Kyndryl goes ahead. 

LATIN AMERICA AND THE CARIBBEAN 7 MEI

GCI Liberty acquires 6% stake in Liberty LatAm

GCI Liberty said it has acquired 61,000 shares of Liberty Latin America (LLA) Class A common stock and 12.3 million shares of LLA Class C common stock from investment funds managed by Searchlight Capital Partners for around USD 107 million in cash. The shares represent around 6 percent of Liberty Latin America.

GLOBAL 6 MEI

Cisco acquires Astrix Security to bolster identity access and management for AI agents

Cisco announced a deal to acquire the non-human identity (NHI) safety platform Astrix Security to expand coverage of enterprise agentic AI workloads in its security suite. While the wider transaction terms were undisclosed, Israeli media reported Cisco would pay about USD 400 million to buy Astrix. Based in Tel Aviv, Astrix Security has created software that helps teams orchestrate access privileges granted to autonomous AI agents to ensure they operate safely. For example, the platform is able to withdraw

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Background

11 MEI 00:53

The week in telecom: Lumen, NTT turn to data centre market to revive growth, Hutchison exits UK

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The week in telecoms: big tech faces costs of AI boom and Wi-Fi market consolidates

27 APR 14:33

Virgin Media O2: from coax to fibre and 80% coverage in 2028

26 APR 23:04

The week in telecoms: sovereign hopes take hold in Europe and Apple confirms new CEO