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 federal broadband subsidies and satellite broadband services. The announcement comes as the FCC considers expanding satellite broadband in its High‑Cost programs.
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...
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...
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.
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...
Univity Raises $31.6M Series‑A to Fund 5G VLEO Satellite Demonstrators
Univity, a low Earth orbit satellite operator, closed a €27 million ($31.6 million) Series‑A funding round backed by Blast.Club, Expansion, Deeptech 2030 Fund (managed by Bpifrance) and two family offices. The capital will be used to develop its uniShape VLEO 5G demonstrator satellites,...
Crown Castle Closes $8.5B Sale of Fiber Solutions to Zayo and Small Cell Business to Arium Networks
Crown Castle Inc. announced the closing of its sale of the Fiber Solutions business to Zayo Group Holdings Inc. and its Small Cell business to Arium Networks, an EQT fund company, for a total consideration of $8.5 billion ($8.4 billion net). The...
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.
Vistance Networks to Sell Ruckus Networks to Belden for $1.85B
Vistance Networks announced it will sell its Ruckus Networks business to Belden for approximately $1.85 billion. The transaction, expected to close in the second half of 2026, will let Vistance focus on its Aurora Networks portfolio and the DOCSIS 4.0 upgrade cycle....
Render Networks Acquires mPower Innovations to Boost Utility Infrastructure Capabilities
Render Networks announced the acquisition of mPower Innovations, a GIS software provider for utility infrastructure management, as part of its growth strategy. The deal, announced last week, follows a $20 million AUD private‑equity funding round and will add 260 new customers...
Deutsche Glasfaser Raises $1.3bn in Capital Boost From EQT, OMERS and Lenders
Deutsche Glasfaser secured over $1.3bn in new funding, with equity from shareholders EQT and OMERS and debt from lenders, to support its fibre rollout in Germany. The recapitalisation is expected to close by the end of June 2026, strengthening its...