Telenor to Acquire GlobalConnect's Norwegian Fibre Business for $540M
Telenor has secured approval from the Norwegian Competition Authority to acquire GlobalConnect's Norwegian fibre business serving residential customers. The acquisition, valued at approximately $540 million, will add 125,000 customers to Telenor's broadband portfolio, with completion expected in the autumn.
French Carriers to Buy Patrick Drahi’s SFR for €20.4 Billion
A consortium of French telecom operators Orange SA, Bouygues Telecom and Free‑iliad Group signed an agreement to acquire SFR from Altice France for €20.4 billion ($23.5 billion). The deal, announced on June 6 2026, awaits regulatory approval and is expected to close in the...
PLDT to Acquire Radius Telecoms for P2.94 Billion
Philippine telco PLDT Inc. signed a share purchase agreement to buy Paragon Vertical Corp.’s 65.1% stake in Radius Telecoms Inc. for P2.94 billion, pending regulatory approval. The deal will give PLDT full ownership of the broadband unit.
Verizon Completes $1bn Acquisition of Spectrum Assets From Array Digital Infrastructure
Verizon has completed its $1 billion acquisition of spectrum assets from Array Digital Infrastructure, receiving FCC approval in May 2026. The deal, first announced in October 2024, will boost Verizon’s network capacity and coverage, especially in rural areas. The acquisition strengthens...
Noble Mobile Acquires Helium Mobile to Expand Affordable Connectivity
Noble Mobile, led by Andrew Yang, announced the acquisition of Helium Mobile, a decentralized wireless network provider. The deal combines Noble Mobile’s consumer-focused MVNO model with Helium Mobile’s technology and subscriber base, aiming to broaden affordable wireless services across the...
SpaceX Announces $50B-$75B IPO, Set to Trade on Nasdaq June 12
SpaceX filed a 250‑page S‑1 prospectus and announced an initial public offering expected to raise between $50 billion and $75 billion, with trading slated for June 12, 2026 on the Nasdaq. The IPO would be the largest ever, reflecting the company’s growing role in...
Afrihost’s Echo Acquisition Gets Green Light
The Competition Commission approved Afrihost’s acquisition of Echo Service Provider, an independent network and cloud aggregator. The deal expands Afrihost’s enterprise connectivity portfolio, adding SD‑WAN, MPLS VPN and multi‑cloud solutions for larger corporate clients. The transaction value was not disclosed.
MTN Group to Acquire IHS Towers in $2.2B Take‑private Deal
MTN Group, via its subsidiaries Mobile Telephone Networks (Netherlands) B.V. and Sub‑Merger Co, has agreed to acquire IHS Holding Limited for $2.2 billion, offering $8.50 per share in cash. The IHS board has approved the transaction and a shareholder vote is...
Armstrong Cable to Acquire MCTV
Armstrong Cable announced it will acquire regional cable operator MCTV, which serves over 57,000 residential and business customers in Ohio and West Virginia. The deal, value undisclosed, will expand Armstrong's fiber footprint as MCTV transitions to FTTP. The acquisition was...
Vumatel Receives ICASA Approval to Acquire Herotel
South Africa's telecom regulator ICASA approved Vumatel's acquisition of Herotel, the country's third‑largest fibre network operator. The deal, whose financial terms were not disclosed, moves Vumatel closer to expanding its fibre footprint. The acquisition now proceeds toward closing.
JT Group and CVC DIF Finalize $669M Acquisition of Manx Telecom
JT Group (Jersey Telecom) and CVC Capital's infrastructure arm CVC DIF have completed the acquisition of Manx Telecom Group, creating the largest telecom provider across the Crown dependencies. The deal, valued at around £500 million ($669 million), was finalized on May 15, 2026, with...
SpaceX to Acquire EchoStar Spectrum in $17 Billion Deal
On May 12, 2026, the FCC approved SpaceX’s $17 billion acquisition of roughly 65 MHz of mid‑band spectrum from EchoStar, enabling its Direct‑to‑Device network. The deal, part of a broader spectrum‑sharing overhaul, is slated to close by November 30, 2027 and is expected to boost satellite...
Onestream to Acquire Cuckoo Customer Base From AllPoints Fibre (APFN)
AllPoints Fibre (APFN) has agreed to sell its Cuckoo customer base, brand and domain to Onestream, enabling APFN to focus on its wholesale network and Aquila platform. The transaction transfers the customers to Onestream while connections remain on the APFN...
Reliance Industries to Spin Off Jio Platforms in $130bn-$150bn IPO
Reliance Industries announced it will spin off its telecom arm Jio Platforms via an initial public offering in the coming months. The IPO is expected to value Jio at $130 bn‑$150 bn and raise about $3.5 bn, making it the largest offering in...
Freedom Fibre and Truespeed Complete Merger, Forming Freedom Truespeed Group
Truespeed and Freedom Fibre have completed their merger after regulatory approval, creating Freedom Truespeed Group with 412,000 premises and 70,000 customers. Freedom Fibre will continue as the wholesale network, while Truespeed and LilaConnect will serve consumer customers.