Finland’s Nokia is acquiring California-based Infinera for $2.3 billion to bolster its optical networks business, a late news release said Thursday.
America Movil (AMX) will acquire a controlling interest in ClaroVTR, its joint venture with Liberty Latin America, subject to approval from the Chilean National Economic Prosecutor’s Office. The two providers combined their Chilean operations into a JV in 2022, but going forward AMX will control approximately 91% of equity, LLA 9%. David Hajj, CEO of AMX, expects to close the deal in Q3, establishing “a converged connectivity provider” in Chile.
Hikvision representatives met with FCC Office of Engineering and Technology staff seeking guidance on the commission’s information disclosure rules, said a filing last week in docket 21-232. Representatives explained that ownership of the China-based company is complicated. “OET acknowledged the challenges of gathering the information and Hikvision advised that it would update its disclosure as it obtains additional information,” the filing said.
Dahua Technology fired back at IPVM as the two continue fighting about Dahua USA’s request for confidentially on its compliance plan with FCC supply chain security rules (see 2405310033). “IPVM’s latest filings continue the organization’s pattern of presenting misrepresentations, baseless speculation, and outright falsehoods about Dahua USA to the Commission as fact,” a filing posted Wednesday in docket 21-232 said: The FCC should “disregard IPVM’s irrelevant and inaccurate claims.”
Vodafone Group completed Zegona Communications' acquisition of Vodafone Spain for $5.4 billion, Vodafone said Friday. The U.K.-based company announced the sale in October. Spanish regulators recently approved the deal (see 2405150022).
USDA's Rural Utilities Service added countries to its list of those eligible for purchases by telecom and electric program award recipients, said a notice for Thursday's Federal Register. The announcement comes after the Office of the U.S. Trade Representative published a list in September determining which countries' products receive "the same treatment as manufactured and unmanufactured products" made in the U.S.
Mexico's 5G auction, set for 2025, “faces hurdles as high spectrum fees deter operator interest,” GlobalData told investors Thursday. The auction will offer licenses in the 600 and 1427-1518 MHz bands, including some covering small geographic areas, and unused licenses in the 800 MHz, 1.7/2.1 GHz, 1.9 GHz and 2.5 GHz bands, the firm said. “Concerns linger as past spectrum license returns highlight the financial strain on operators, potentially impacting the auction's outcome,” GlobalData said.
Spanish authorities approved Zegona Communications’ buy of Vodafone’s Spanish operations, Vodafone said Tuesday. The deal was valued at $5.41 billion. A combination of debt and equity will finance the transaction. The U.K.-based company announced the sale in October.
China-based Hikvision USA answered FCC questions on its proposed plan for compliance with agency rules (see 2308070047) and requested confidential treatment on information filed. The filing notes that Hikvision equipment is sold in the U.S. through distributors and original equipment manufacturers and provides data on its marketing. The data was redacted from the filing, posted Tuesday in docket 21-352.
The U.K.’s Office of Communications laid out its plan for making parts of the 26 and 40 GHz bands available for 5G through auctions. Ofcom said it will make a total of 6.25 GHz available “for mobile services globally, and for 5G in Europe.” Ofcom said it's adopting assignment stage rules it proposed a year ago. “Having considered stakeholders’ comments, we have decided not to include a negotiation period in the assignment stage of the auction,” Ofcom said: “However, to facilitate post auction spectrum trading, we will enable bidders to start negotiating in the period immediately after notifying the assignment stage results to bidders and before the auction licenses have been granted.”