ONE (EX VODAFONE HUNGARY) acquired by 4IG

Koesio has acquired 100% of Alcatraz IT, marking the full exit of Siparex Entrepreneurs (via its Capital Entrepreneurs 5 fund) and the founder, Xavier Lafaure. Siparex had been a minority shareholder since 2021, during which time it supported the company's expansion into the Lille market and the development of proprietary fiber infrastructure. The transaction allows Alcatraz IT to integrate into a larger industrial group to accelerate its next growth phase. For Koesio, this acquisition strengthens its telecommunications pillar by incorporating Alcatraz IT’s proprietary network assets and high-loyalty premium customer portfolio

Zegona Communications, an investment platform founded by former Virgin Media executives specializing in European telecommunications, has finalized a definitive agreement to acquire 100% of Vodafone Spain from the British Vodafone Group. The divestment thesis marks Vodafone Group’s complete strategic exit from the Iberian market, following a string of asset rationalizations including its recent corporate consolidation with Three UK and the €1.8 billion sale of its Hungarian business. Driven by structural underperformance and an intense domestic price war, Vodafone Group prioritized capital reallocation away from low-yield regions

Ardian agreed to acquire a majority stake in Aire Networks from Magnum Industrial Partners. As part of the transaction, the core management team re-invested significantly alongside Ardian to maintain a meaningful equity stake. The strategic objective of the partnership is to support Aire Networks in its next phase of growth, focusing on the expansion of its national fiber footprint and the enhancement of its specialized cloud and data center service offerings. This deal allows Ardian to consolidate its position in the Iberian telecommunications sector, leveraging synergies in expertise within the digital infrastructure landscape

Capza acquired a majority stake in Wifirst following a competitive process led by Hottinguer CF. The historical investors from the 2019 spin-off (Amundi PEF, Bpifrance, Socadif) sold part of their shares but reinvested to keep a minority stake alongside the CEO. The transaction is supported by a unitranche financing facility provided by Ares Management. The deal aims to fuel external growth in Europe.

A tier-one private equity consortium composed of Apax Partners LLP and Warburg Pincus LLC has entered into a definitive agreement to acquire 100% of T-Mobile Netherlands Holding B.V. from Deutsche Telekom AG and Tele2 AB. The transaction perimeter encompasses T-Mobile's highly successful multi-brand portfolio, which includes the T-Mobile, Tele2, Ben, and Simpel commercial brands. Facilitated by elite financial advice from Credit Suisse and Liontree, alongside premium legal counsel from Freshfields Bruckhaus Deringer and Simpson Thacher & Bartlett, the transaction remains subject to customary closing conditions, regulatory approvals, and mandatory employee representative consultations

The iliad Group, acting through its subsidiary Play, entered into an agreement to acquire 100% of the share capital of UPC Poland. This strategic move represents a major step in iliad's expansion within the Polish market following its initial entry through the acquisition of Play. The transaction combines the strengths of a leading mobile operator with a premier fixed-line provider to create a strong convergent operator. The integration is designed to support product innovation and accelerate long-term investments in next-generation fiber networks for consumers and businesses

Siparex Entrepreneurs has acquired a minority stake in Alcatraz IT, marking the first time the company has opened its capital to a private equity firm. The founder, Xavier Lafaure, remains the majority shareholder and continues to lead the company. The partnership is designed to support the operator’s ambitious growth trajectory in the competitive B2B telecom market. By leveraging Siparex’s network and financial backing, Alcatraz IT aims to expand its nationwide backbone and enhance its service offering in cybersecurity and unified communications

MasMovil has launched a tender offer to acquire 100% of Euskaltel for €11.17 per share in cash. This acquisition is part of MasMovil's growth strategy, which aims to expand its telecommunications services offer in Spain. The acquisition of Euskaltel will allow MasMovil to strengthen its position in the Spanish market and benefit from significant synergies. Euskaltel's shareholders have welcomed the offer, which represents a 27% premium to the 30-day weighted average price. The transaction is expected to be completed in the coming months, subject to the necessary regulatory approvals

Cable One has entered into a definitive agreement to acquire the remaining 85% equity interests in Hargray Communications, a leading facilities-based regional communications provider. Prior to this transaction, Cable One held a 15% minority stake in the company following a system contribution in late 2020. This transaction is structured on a debt-free and cash-free basis, financed through a combination of existing cash resources, revolving credit facility capacity, and definitive bridge loan commitments

Orange SA has announced a definitive agreement to acquire a 54% controlling equity stake in Telekom Romania Communications, executing a major cross-border corporate buyout within the Central and Eastern European digital infrastructure sector. The transaction was structured with the assistance of specialized financial, legal, and regulatory advisors, resulting in a net purchase price of €268 million paid by Orange, net of debt and cash components. The transaction remains subject to customary closing conditions and regulatory approvals, with finalization scheduled for the second half of 2021