Bain

Private equity heavyweights Apax and CVC are finalising rival bids for Deutsche Telekom’s T-Mobile Netherlands unit, according to Reuters.

French firm Altice entered 90 days of exclusive negotiations with Brazilian integrated operator Oi, as it seeks to buy the assets of Portugal Telecom. Its bid places an enterprise value on the Portuguese incumbent of €7.

Apax and Bain Capital are both weighing bids for Portugal Telecom, potentially upping the ante for French firm Altice which earlier this month made an offer for the Portuguese incumbent, according to Financial Times.

Belgian cable operator Telenet is reportedly eyeing mobile operator Base, following an announcement by current owner KPN that it is conducting a “comprehensive review of the strategic options” for this unit.

A consortium comprising Norway's Telenor and private equity firm Bain have withdrawn their bid for Polish operator Polkomtel, local newspaper Rzeczpospolita reports Tuesday citing an unnamed person familiar with the matter.