Thanks to a handy chart was created by Stacey Horne for FierceCable, we have a depiction of the major acquisitions and mergers consummated by today's top five cable operators during the past 10 years. Special report
FairPoint and Lumos are in the process of transforming themselves from small-town telcos to become larger fiber-based broadband providers for consumers and business customers. Similar to their larger ILEC counterparts CenturyLink and Windstream, FairPoint and Lumos also trace their company roots as rural telcos and realize mergers and acquisitions are needed to grow.
Facing increased competition in Mexico from new competitor AT&T and a potential recession in Brazil, America Movil is considering possible wireline acquisitions in Europe to grow the company's revenues.
Sprint wholesale partner Shenandoah Telecommunications, better known as Shentel, is buying fellow Sprint wholesale partner nTelos Wireless in a deal valued at around $640 million, including net debt. There had been speculation since May that such a deal would come to pass, and nTelos had been reviewing strategic alternatives.
CK Hutchison Holdings and VimpelCom agreed to form a 50:50 joint venture that will own and operate their respective mobile businesses in Italy, hailing the transaction as the largest M&A deal in Italy since 2007 with a total value of €21.8 billion ($23.8 billion).
T-Mobile US exceeded Wall Street's expectation in terms of its revenue and earnings in the second quarter, and analysts think it has enough momentum to carry it through the end of 2015. However, the same analysts also have questions about whether T-Mobile needs to diversify its business in the next few years and if it will merge with another company.
Alcatel-Lucent CEO Michel Combes will step down from his role on Sept. 1 as the vendor moves toward completing its deal with rival Nokia; the combined company is going to be led by Nokia CEO Rajeev Suri.
Alcatel-Lucent is moving ahead with its merger with Nokia, announcing that CEO Michel Combes will be leaving the company on Sept. 1.
Alcatel-Lucent CEO Michel Combes said that there is strong pressure in the industry to have "5G" network products ready as soon as possible.
Dish Network's stock slipped following a report that said its deal talks with T-Mobile US had stalled and a separate report indicating that the FCC is planning to reject $3.3 billion in spectrum bidding credits for two companies affiliated with the satellite TV provider. Dish's shares were down more than 3 percent in late-afternoon trading.