Mergers and Acquisitions

Adtran and Adva have entered into a business combination agreement to merge the two companies.

Large-scale asset management firm UBS Asset Management (UBS-AM) has acquired a 100 per cent equity stake in North German infrastructure operator, Lünecom.

London altnet, Community Fibre has acquired a majority stake in Box Broadband, a Surrey-based full fibre network operator.

STL has acquired UK network integration firm, Clearcomm Group.

Investment firm KKR has entered into an agreement with Telefónica to create an open access wholesale company in Colombia.

Global operator Altice has acquired a 12 per cent stake in UK incumbent BT Group, which will be held by the newly established Altice UK arm of the business.

Tokyo-based fibre connectivity product vendor, Sanwa has acquired network solutions provider, Fiberon Technologies.

UK independent network provider, Glide Group has acquired 100 per cent shares of network design, installation and maintenance specialist Concept Solutions People (CSP).

UK competition regulator, the Competition and Markets Authority (CMA) has provisionally cleared the proposed merger between Virgin Media and O2.

II-VI Incorporated is to acquire Coherent for approximately $7.01bn.