Business-services-related M&A tracker 2025

Analysys Mason’s Business-services-related M&A tracker provides details of mergers and acquisitions completed by telecoms operators to boost the capabilities of their business services operations.

Data coverage

Deal details include:

• the type of deal (acquisition or divestment)
• the target company’s area of expertise, annual revenue and number of employees (if stated)
• the price paid by the operator for the deal (if stated).

All data is collected from publicly available sources. Only completed deals announced after the beginning of 2017 are included in this tracker. Data is updated annually.