Telecom M&A Tracker
48
July 2026
GTM
Mobile network operator mergers, tower company acquisitions, fixed-line carrier consolidations, and spectrum licence purchases confirmed each month. Each record includes the acquirer and target, deal type (acquisition, merger, spectrum purchase), deal value, location, date and deal summary. The dataset applies a $100M threshold, filtering for commercially significant transactions.
Mobile network operator, tower company, or fixed-line carrier completed or announced an acquisition, merger, or spectrum licence purchase valued above $100 million
Telecoms equity analysts and sector investors use it to track deal activity and consolidation trends across operator tiers. Investment banks advising on telecom transactions use it to benchmark deal multiples and identify potential mandates. Tower infrastructure investors use it to monitor which MNOs are acquiring or divesting tower assets. Corporate strategy teams at telecoms companies use it to track competitor transactions before they become widely reported.
3819
<table class="catchall-table"><thead><tr><th style="min-width:40px">#</th><th style="min-width:280px">Event</th><th style="min-width:160px">Acquirer Sector</th><th style="min-width:160px">Location</th><th style="min-width:160px">Deal Type</th><th style="min-width:160px">Acquired Company</th><th style="min-width:160px">Deal Currency</th><th style="min-width:160px">Acquirer Company</th><th style="min-width:160px">Deal Amount</th><th style="min-width:160px">Deal Status</th><th style="min-width:160px">Event Date</th></tr></thead><tbody><tr><td style="min-width:40px">1</td><td style="min-width:280px">IQSTEL Announces Anticipated ULTRANET Acquisition and New Holding Company Structure</td><td style="min-width:160px">mobile_network_operator</td><td style="min-width:160px">Africa</td><td style="min-width:160px">acquisition</td><td style="min-width:160px">ULTRANET Telecom Group</td><td style="min-width:160px">USD</td><td style="min-width:160px">IQSTEL Inc.</td><td style="min-width:160px">2,500,000,000</td><td style="min-width:160px">announced</td><td style="min-width:160px">2026-07-13</td></tr><tr><td style="min-width:40px">2</td><td style="min-width:280px">BH Telecom to decide on Telemach acquisition</td><td style="min-width:160px">mobile_network_operator</td><td style="min-width:160px">Bosnia and Herzegovina</td><td style="min-width:160px">acquisition</td><td style="min-width:160px">Telemach</td><td style="min-width:160px">BAM</td><td style="min-width:160px">BH Telecom</td><td style="min-width:160px">750,000,000</td><td style="min-width:160px">announced</td><td style="min-width:160px">2026-07-20</td></tr><tr><td style="min-width:40px">3</td><td style="min-width:280px">French Regulator to Review SFR Acquisition by Orange, Iliad, and Bouygues</td><td style="min-width:160px">mobile_network_operator</td><td style="min-width:160px">France</td><td style="min-width:160px">acquisition</td><td style="min-width:160px">SFR</td><td style="min-width:160px">EUR</td><td style="min-width:160px">Bouygues Telecom</td><td style="min-width:160px">20,350,000,000</td><td style="min-width:160px">announced</td><td style="min-width:160px">2026-07-15</td></tr><tr><td style="min-width:40px">4</td><td style="min-width:280px">Strategic Fiber Networks acquires Northern Fiber Holding</td><td style="min-width:160px">fixed_line_carrier</td><td style="min-width:160px">Germany</td><td style="min-width:160px">acquisition</td><td style="min-width:160px">Northern Fiber Holding</td><td style="min-width:160px">EUR</td><td style="min-width:160px">Strategic Fiber Networks</td><td style="min-width:160px">400,000,000</td><td style="min-width:160px">announced</td><td style="min-width:160px">2026-07-08</td></tr><tr><td style="min-width:40px">5</td><td style="min-width:280px">Tawal in talks to acquire Mobily's telecom towers</td><td style="min-width:160px">tower_company</td><td style="min-width:160px">Saudi Arabia</td><td style="min-width:160px">acquisition</td><td style="min-width:160px">Mobily</td><td style="min-width:160px">USD</td><td style="min-width:160px">Tawal</td><td style="min-width:160px">2,500,000,000</td><td style="min-width:160px">announced</td><td style="min-width:160px">2026-07-20</td></tr><tr class="catchall-blurred"><td>████████████</td><td>████████████</td><td>████████████</td><td>████████████</td><td>████████████</td><td>████████████</td><td>████████████</td><td>████████████</td><td>████████████</td><td>████████████</td><td>████████████</td></tr><tr class="catchall-blurred"><td>████████████</td><td>████████████</td><td>████████████</td><td>████████████</td><td>████████████</td><td>████████████</td><td>████████████</td><td>████████████</td><td>████████████</td><td>████████████</td><td>████████████</td></tr><tr class="catchall-blurred"><td>████████████</td><td>████████████</td><td>████████████</td><td>████████████</td><td>████████████</td><td>████████████</td><td>████████████</td><td>████████████</td><td>████████████</td><td>████████████</td><td>████████████</td></tr></tbody></table>
<h3>Are spectrum licence purchases included alongside operator M&A?</h3><p>Yes. Spectrum licence acquisitions, spectrum sharing agreements with commercial value, and direct spectrum trades between operators are all included where the transaction value exceeds $100M or where the spectrum deal has material competitive significance.</p><h3>Are tower company transactions included?</h3><p>Yes. Tower REIT and independent tower company acquisitions (American Tower, Crown Castle, SBA, Cellnex, and others) are included alongside MNO transactions.</p><h3>Does this cover emerging market telecom M&A?</h3><p>Yes. Africa, Southeast Asia, Latin America, and Middle East telecom consolidation is included where deals are publicly announced and meet the value threshold.</p><h3>What is the refresh rate of this dataset?</h3><p>This dataset is refreshed monthly using <a href="https://www.newscatcherapi.com/web-search-api">CatchAll</a>, NewsCatcher's recall-first web search API. You can run your own version of this dataset and update it as frequently as every one hour.</p>