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This M&A tracker documents M&A by the telecom operators that occurred during 2016–19. Pending, completed, and aborted M&A are also tracked.


  • Ovum's M&A in Europe Tracker: 2016–19 highlights that out of 139 deals in the last three years, around 40% were centered on FMC activitity.
  • Operators are offloading their network assets and are entering adjacent markets.

Features and Benefits

  • Quantifies the volume of telecom M&A over the past three years in terms of deal volume and deal value.
  • Identifies the reason behind the deals, asking what drives deals, and how will M&A evolve going forward?

Key questions answered

  • How many M&A have there been in the European telecom market over the past three years?
  • How many deals are in the process or pending with the regulator?

Table of contents


  • Introduction
  • Download 1: M&A in Europe Tracker: 2016–19

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