Hungarian telecoms operator 4iG has announced plans to acquire mobile virtual network operator (MVNO) Netfone Telecom, in a move to strengthen its market position and expand its customer reach in Hungary.
A consortium led by Xavier Niel-owned investment company NJJ Holding completed the acquisition of Ukrainian operator Lifecell from Turkcell for US$524.3 million, with aims to merge it with fixed telecom and pay TV provider Datagroup-Voila.
Telefónica has reportedly appointed investment bank Citi to advise on the sale of its Chilean unit, as the group continues to scale back its presence in Latin America.