Vodafone
on its €16.2bn strategic partnership with GIP and KKR for Vantage Towers, the £18bn spin-off of its pan-European mast business to form Vantage Towers and subsequent €2.3bn Vantage Towers IPO, the creation of Vantage Towers Greece, and the €7bn fibre joint venture with Altice Group in Germany and associated €4.6bn financing.
CK Hutchison
on the merger of Three UK and Vodafone UK, the €10bn sale of its pan-European portfolio of mobile towers to Cellnex, the carve-out of Wind Tre’s mobile and fixed telecoms network into €3.4bn joint venture with EQT, the proposed acquisition by Three UK of O2 and the acquisition of UK Broadband.
True Corporation
on its US$22.6bn merger with Telenor’s subsidiary DTAC to create a new telecom-tech company.
Orange
on the €1.8bn acquisition by Orange Belgium of 75% of the share capital of VOO and on the public takeover offer by its mother company Orange S.A., and on the €605m fibre joint venture of Orange Polska with APG and associated PLN 3.15bn financing.
Proximus
on the €1.2bn acquisition of a majority stake in Route Mobile, the aborted ‘de-SPAC’ transaction of TeleSign and the buy-out of BICS minority stakes.
Zain
on the c.US$1bn sale and leaseback of its entire portfolio of telecoms towers in Saudi Arabia to a consortium led by a Saudi sovereign wealth fund.
MTN
on various pan African propositions, such as its joint venture with Facebook and a number of other telecoms operators in the context of the roll-out of the 2Africa subsea fibre network and its roll-out of Android devices to its African markets.
Arqiva
on the £2bn sale of its telecoms division to Cellnex, associated infrastructure sharing, development and services agreements, on all of its ongoing financing advice including in relation to its whole business securitisation and “holdco” level funding, ratings and consents.
Sumitomo
on its joint venture with Vodafone, Safaricom, Vodacom and CDC to own and operate Safaricom Ethiopia (a new greenfield telecom company) and associated financing, and its collaboration with KDDI to develop a new mobile network in Myanmar.
Helios Towers
on the financing and listing rules aspects of its US$575m acquisition of passive tower infrastructure assets from Omantel and on its LSE initial public offering and various financings.
