As expected, a wave of M&A activity among European telecoms has begun. Last week, UK’s Vodafone bought Spain’s Ono for $10 billion. Vodafone most recently sold a 45% stake to Verizon Wireless valued at $130 billion. When Vodafone purchased Kabel Deutschland for $7.7 billion euros last July, Capstone predicted an increase in M&A activity in […]

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