M&A Deal Summary |
|
|---|---|
| Date | 2020-09-14 |
| Target | TracFone Wireless |
| Sector | Communications |
| Buyer(s) | Verizon Communications |
| Sellers(s) | America Movil |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1983 |
| Sector | Communications |
| Employees | 99,600 |
| Revenue | 134.8B USD (2024) |
Verizon Communications is a provider of communications, information, and entertainment products and services to consumers, businesses and governmental agencies. Verizon offers voice, data and video services and solutions on wireless and wireline networks that are designed to meet customers’ demand for mobility, network connectivity, security and control. Verizon Communications was founded in 1983 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 32 of 36 |
| Sector: Communications M&A | 12 of 15 |
| Type: Divestiture M&A Deals | 5 of 5 |
| State: Florida M&A | 2 of 2 |
| Country: United States M&A | 31 of 34 |
| Year: 2020 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-04-16 |
Blue Jeans Network
Mountain View, California, United States Blue Jeans Network’s mission is to make video communications as easy and pervasive as audio communications, enabling more effective collaboration at work, at home, and on the road. Its cloud-based conferencing service makes this possible by enabling customers to connect with each other seamlessly anytime, anywhere, and from practically any device. The Blue Jeans Network extends high quality video communications beyond the traditional boundaries of specialized conference rooms and into the mainstream, allowing individuals and employees throughout an enterprise to interact more effectively with each other, and with their customers, partners, suppliers, family, and friends. |
Buy | $400M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-10-19 |
Bluegrass Cellular
Elizabethtown, Kentucky, United States Bluegrass Cellular provides wireless service to 210,000 customers in 34 counties in rural service areas 3, 4 and 5 in central Kentucky. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 2000 |
| Sector | Communications |
| Employees | 179,942 |
| Revenue | 869.2B MXN (2024) |
America Movil is an integrated telecommunications services company that offers customers a portfolio of value-added services and enhanced communications solutions in 22 countries in Latin America, Central, and Eastern Europe. América Movil was founded in 2000 and is headquartered in Mexico City, Mexico.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Communications M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Florida M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2020 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-08-02 |
Telefonos de Mexico
Mexico City, Mexico Telefonos de Mexico is a telecommunications company. TELMEX and its subsidiaries provide a wide range of telecommunications services, data and video transmission and Internet access, as well as integrated telecommunications solutions to its corporate customers. Telefonos de Mexico is based in Mexico City, Mexico. |
Buy | - |
