HPE closes acquisition of Juniper Networks to expand its cloud-native and AI-driven portfolio (India)
Hewlett Packard Enterprise (HPE) has announced the successful acquisition of Juniper Networks, Inc. This development will help HPE capture the growing artificial intelligence (AI) and hybrid cloud market opportunity by creating a cloud-native and AI-driven IT portfolio, including a full, modern networking stack. The transaction has doubled the size of HPE’s networking business and will provide customers with a comprehensive portfolio of networking solutions. It will also accelerate the shift in the company’s portfolio mix to higher-margin, higher-growth areas, and position it for long-term revenue growth. The acquisition process started on January 9, 2024, and was approved by Juniper shareholders on April 2, 2024.
Bharti Enterprises to invest Rs 3.13 billion as part of Eutelsat’s Euro 1.35 billion capital raise
Bharti Enterprises is investing Euro 31.4 million (approximately Rs 3.13 billion) in French satellite firm Eutelsat’s Euro 1.35 billion (around Rs 112.5 billion) capital-raising initiative. The fresh capital will help Eutelsat reduce debt and fund investments in its satellite constellations. As part of the capital infusion, the French government will contribute Euro 526.4 million, becoming Eutelsat’s largest shareholder with a 29.99 per cent stake, surpassing Bharti Space, which will now hold an 18.7 per cent stake. Other key investors are CMA CGM (Euro 100.4 million) and sovereign fund FSP (Euro 57.8 million). The development comes amid the increasing activity in India’s satellite internet market. Eutelsat OneWeb, formed through a 2023 merger with UK-based OneWeb, has received all regulatory clearances except spectrum, and is preparing to launch commercial low earth orbit (LEO) broadband services in India. The company currently operates a fleet of over 600 LEO satellites.
GO Telecom acquires 51 per cent stake in Ejad Tech for SAR 86.7 million (Saudi Arabia)
The Etihad Atheeb Telecommunication Company (GO Telecom), listed in Saudi Arabia, has acquired a 51 per cent stake in Ejad Tech Company for Information Technology, a provider of IT services and digital transformation consulting, for SAR 86.7 million (approximately $23.12 million). The deal aligns with GO Telecom’s strategic push to diversify beyond core telecom operations into IT services and digital transformation consulting. The acquisition was finalised on June 22, 2025, with SAR 40 million already paid upfront. The remaining amount will be disbursed in two instalments, SAR 23.7 million by the end of 2025 and SAR 23 million by the end of 2026. Further, all regulatory procedures and ownership transfers have been completed.
Vietnam approves merger of Vinaphone and VNPT-Media into VNPT (Vietnam)
The Government of Vietnam has approved the merger of Vinaphone and VNPT-Media with their parent company, VNPT, in a move aimed at streamlining operations and improving efficiency. The proposal, submitted by the Ministry of Finance, received formal approval on June 25, 2025. Further, the consolidation is expected to combine Vinaphone’s telecom capabilities with VNPT-Media’s digital content and multimedia strengths. As per VNPT, this integration will accelerate its digital transformation efforts, enhance service delivery, and create a more efficient organisational structure. Additionally, the merger is intended to optimise the company’s capital usage, especially in the context of state investment.
Admaius Capital invests in TRES to expand Rwanda’s telecom tower network (Rwanda)
Admaius Capital Partners, an Africa-focused private equity investor operating across several growth markets, has made a majority equity investment in TRES Infrastructure Limited, Rwanda’s sole locally licensed tower owner and operator. TRES provides shared telecom infrastructure for key mobile network operators – MTN and Airtel – as well as other service providers such as KT Rwanda Networks Limited. The investment will support TRES in expanding its tower footprint to help Rwanda achieve over 95 per cent geographical coverage, in line with national connectivity goals. The roll-out will also support the deployment of 4G and 5G networks, aiming to enhance network accessibility and affordability across both urban as well as rural regions.
Axian Telecom explores full takeover of Jumia after acquiring initial 8 per cent stake (Nigeria)
Mauritius-based Axian Telecom is reportedly pursuing a full acquisition of Jumia, Africa’s largest e-commerce platform, after recently acquiring an 8 per cent stake. The telecom group has secured around $600 million in funding, intended both for refinancing and potentially supporting the takeover, against Jumia’s current market valuation of approximately $500 million. The move signals Axian’s deepening commitment to Africa’s digital economy. The firm has already expressed interest in Jumia’s logistics capabilities, fintech arm (JumiaPay), and inclusion-focused approach. Further, a potential merger could create a powerful synergy between Axian’s telecom and fintech assets and Jumia’s e-commerce and distribution infrastructure, potentially reshaping digital retail and payments across the continent. s
