Telecom.com: M&A – The Local Way
Group operators are still looking to global acquisitions as they attempt to address concerns over growth and stalling margins. This has ensured a salvo of recent M&A activity, which has seen Spanish operator Telefónica agree to buy German mobile operator E-Plus from Netherlands-based KPN for €5 billion (£4.3 billion) plus shares. Japanese operator Softbank has secured a 78 per cent stake in U.S. player Sprint for $21.6 billion (£14.2 billion).