ORANGE and MASMOVIL to combine Spanish operations in 50-50 joint venture

Cinven, KKR and Providence Complete Acquisition of MASMOVIL

November 17, 2020

Telecommunications

A consortium led by funds managed or advised by Cinven, KKR and Providence Equity (through Lorca Telecom Bidco SAU) has completed the acquisition of MASMOVIL IBERCOM, S.A., acquiring approximately 99.3% of the group's outstanding shares at a valuation of about €5.3 billion. The consortium said the deal will enable MASMOVIL to accelerate its investment strategy and pursue growth and projects to strengthen its position in the Spanish telecommunications market.

Macquarie, Aberdeen Standard and Daiwa-backed Onivia Acquires MasMovil Rural FTTH Network

May 4, 2021

Telecommunications

Macquarie Capital, Aberdeen Standard Investments and Daiwa Energy & Infrastructure (investors behind Onivia) have acquired a majority stake in a large rural FTTH network from MasMovil, doubling Onivia's coverage to more than 2.1 million homes. MasMovil retains a minority stake and remains the network's technological partner while Orange is an anchor customer; the transaction gives Onivia national reach across urban and rural Spain.

Liberty Latin America and América Móvil Form 50:50 JV ClaroVTR in Chile

October 6, 2022

Telecommunications

Liberty Latin America and América Móvil have combined their Chilean operations, VTR and Claro Chile, to form a 50:50 joint venture named ClaroVTR following approval from the Chilean National Economic Prosecutor's Office (FNE). The new company, led by CEO Alfredo Parot, aims to expand connectivity and accelerate digital development across Chile for both consumer and business customers.

Orange Business Services Consolidates Basefarm, Login Consultants and *um Under One Brand

September 12, 2022

Cloud & SaaS

Orange Business Services has combined its recently acquired affiliates Basefarm, Login Consultants, and The unbelievable Machine Company (*um) into the Orange family to reinforce its cloud-first strategy and broaden its cloud, data and infrastructure capabilities. The move unifies cloud, data-science, hosting and virtual desktop capabilities under the Orange brand and highlights the division's expanded cloud workforce and market positioning.

Orange Acquires SecureLink from Investcorp for €515M

May 8, 2019

Cybersecurity

Orange has acquired SecureLink Group, a pan-European cybersecurity infrastructure and managed services provider, from Investcorp for an enterprise value of €515 million. Investcorp originally acquired SecureLink in 2015 and grew it via a buy-and-build strategy across Europe and China; Orange says the acquisition reinforces its cybersecurity operations in Europe and expands its managed security capabilities.

Apax Partners and Warburg Pincus Acquire T-Mobile Netherlands for €5.1bn

September 7, 2021

Telecommunications

Funds advised by Apax Partners and Warburg Pincus have agreed to acquire T-Mobile Netherlands Holding B.V. from Deutsche Telekom AG and Tele2 AB in a deal valuing the company at an enterprise value of €5.1 billion. Under the new ownership, T-Mobile Netherlands will become an independent Dutch company and the buyers plan to support management in accelerating network and fibre-to-the-home growth while continuing to expand its consumer and fixed-broadband customer base.