The former British telecom monopoly agreed on Thursday to buy EE, Britain’s largest cellphone network, from Orange of France and Deutsche Telekom of Germany.
The deal, if completed, would be the second AT&T acquisition in Mexico since November, when the company bought the big wireless service provider Iusacell for $2.5 billion.
If completed, the $15 billion deal between Three, Hutchison Whampoa’s British cellphone business, and O2 would be the latest in a transformation of Europe’s telecom sector.
A new round of financing raised $1.1 billion for the company, which has become one of the world’s biggest smartphone makers by offering cheap, high-quality phones through clever online marketing campaigns.
FireChat, which allows users to text each other regardless of whether they have a cellular or Wi-Fi connection, disclosed that it has raised more than $10 million and is seeking more.
Comcast is locked into its deal with Time Warner Cable unless it gets a timely assist from the Federal Communications Commission.
Even before Sprint abandoned its pursuit of T-Mobile, analysts said the embattled wireless carrier needed a huge shot in the arm — like that attempted merger — to reverse its fortunes.
The French telecommunications company ended its pursuit, despite having increased the size of the stake it was willing to acquire and the price it was willing to pay.
Lookout, a seven-year-old mobile security company with 50 million users, has attracted $150 million from investors led by T. Rowe Price Associates.
When Sprint officially announced on Wednesday that it had abandoned its plans to buy T-Mobile, John J. Legere, chief executive of T-Mobile, had plenty to say.
Sprint and its corporate parent, the Japanese telecommunications giant, conceded that antitrust regulators would block a deal.
The move by Iliad, the fourth largest cellphone operator in France, would be a huge test of its financial capabilities and comes as T-Mobile and Sprint have been in merger talks.