The move by Tele2,the Swedish-based, pan-European telecoms provider, on
Versatel of the Netherlands, the country’s largest alternative network
provider, comes at the same time as France Telecom is understood to be
considering a last-minute bid for Amena, the mobile arm of Spain’s Auna. [The Financial Times]
It was expected to happen in Europe and it looks like it’s starting to happen in earnest now. There’s the C&W merger with Energis and now these two. I expect these to kick off a few more as other business realise they have to acquire to expand and compete or loose ground to their competitors.