Welcome again to a different version of M&A Month-to-month, the place TeleGeography’s GlobalComms group tracks the offers that preserve the world related. Here is your important round-up of September’s prime telecoms takeovers and big-money buyouts.
(Learn final month’s M&A Month-to-month right here.)
Europe
Starting in Europe, Poste Italiane now controls 85.82% of the shares of Telecom Italia (TIM) following the closing of the second section of its buyout supply. This meant that the state-backed postal providers operator fell wanting the 90% possession threshold which might have triggered a squeeze-out of remaining shareholders and allowed Poste to delist TIM’s shares. Poste launched its €13 billion ($14.8 billion) bid for TIM again in March this 12 months and by the top of the primary section of its share supply had garnered a 66.6% stake within the mounted and cell operator, with acceptance from shareholders equating to 46.52% of TIM’s shares and including to the 20.10% stake Poste already owned. The nationwide postal operator will now must discover a new strategy to take TIM non-public.
Within the Netherlands, non-public fairness agency Apax Companions is closing in on a deal to purchase Warburg Pincus out of their joint funding in Dutch telecoms participant Odido, in a deal which might worth Odido at round €6.5 billion. Since pausing plans for an IPO of Odido, the asset is claimed to have piqued the curiosity of state-backed telecoms group Saudi Telecom Firm (stc).
British mounted broadband supplier TalkTalk is now not in unique talks with Octopus Investments relating to the potential sale of the previous’s wholesale unit, PlatformX Communications (PXC). A potential deal for TalkTalk’s client arm additionally floundered, with an exclusivity interval granted to Opus Broadband expiring a matter of days earlier. Opus, nevertheless, returned to the negotiating desk later within the month with a brand new, lower-priced bid for the embattled ISP’s B2C arm. The supply of £100 million ($132 million) was simply half the unique worth the enterprise had been anticipated to fetch and is anticipated to be rejected.
In the meantime, Maltese mounted and cell operator Melita is set to amass 100% of the shares of rival operator Epic Communications in a deal which, if authorised, would cut back the variety of gamers within the nation’s cell market from three down to 2. Epic is at the moment owned by Monaco Telecom, whereas Melita is managed by Goldman Sachs Options.
Latin America
Over in Latin America, Digicel Group has entered right into a definitive settlement to promote its El Salvador operations to Common Worldwide Telecom El Salvador (GITES), as a part of a method to deal with its core Caribbean markets and strengthen its monetary place. No buy worth or monetary particulars had been disclosed for the transaction, which is anticipated to shut within the first half of 2027, pending regulatory approvals and customary closing situations. GITES, a subsidiary of UK-based Common Worldwide Telecom Restricted, entered the Salvadoran market in October 2021 via the $144 million buy of Telefonica’s native enterprise Movistar, backed by associates of Atlantida Group.
Buenos Aires-based B2B operator Metrotel is anticipated to make use of the Tuenti model identify for the cell and fiber belongings that it’s planning to amass from Telecom Argentina (Private). Private is obliged to divest six million cell subscriptions, greater than 200,000 mounted broadband prospects and a amount of extra spectrum to finalize its controversial 2025 takeover of Telefonica Argentina (Movistar). The proposed transaction was authorised by the Nationwide Competitors Company (Agencia Nacional de Competencia, ANC) earlier in September.
Sticking with South America, Telefonica is contemplating a sale of its Movistar Venezuela unit, with a view to exiting the nation inside the subsequent 12 months. The Madrid-based group has already acquired an unsolicited strategy for the enterprise, after preliminary discussions had been initiated by Latin America Actual Property Alternatives (LARA), a Miami-based non-public fairness agency co-founded by Mauricio Claver-Carone, who beforehand labored as a particular envoy to Latin America for the Trump administration. Trump, if you happen to recall, ordered the Particular Forces-led extraction of President Nicolas Maduro from Caracas in January this 12 months.
Asia
Lastly, turning our attentions to Asia, a doable deal for Singaporean telco M1 is being mentioned by the operator’s majority proprietor Keppel Group and rival StarHub. Either side had been compelled to verify the talks through separate inventory trade statements, after press hypothesis. Again in Could 2026 Australia’s Tuas introduced {that a} S$1.43 billion ($1.1 billion) deal to amass M1 and merge it with its SIMBA Telecom unit—struck again in August 2025—had formally been terminated.
That wraps up this month’s M&A round-up. Extra subsequent time.
Can AI assist me keep up-to-date with M&A exercise?
We’re glad you requested. If you happen to’re searching for a fast overview and background data on a market, AI is a helpful strategy to get an concept of what’s occurring there. Nevertheless it’s a good suggestion to double test these findings, as AI typically cites sources that aren’t authoritative and are out-of-date, incomplete, or simply plain incorrect.
AI instruments are nice at skimming the web and sourcing information at lightning velocity, however in the case of telecom information, we frequently discover that the articles cited by AI and fed into its solutions are a number of years old-fashioned—which implies the info, figures, and context to that data can also be outdated.
And as individuals who’ve devoted our careers to sourcing, collating, and analyzing telecom information, we’d be remiss if we didn’t point out AI’s tendency to hallucinate and make up incorrect solutions (after which backtrack once you name it out).
Check out how this performs out in market analysis.
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