Mobile Minute:
Flush with cash after selling its stake in Verizon Wireless, Vodafone is investing in broadband in Southern Europe. The carrier will spend $96.5 million to boost its stake in Hellas Online to 91%, and plans to eventually buy the rest of the Greek company.
This purchase gives Vodafone an additional 72.7% of Hellas Online; the British carrier already had an 18.5% stake.
Other top stories for today:
Following moves from Sprint and AT&T Mobility, T-Mobile is offering more data for less money, for the second time in a week. …Â Read More
During the first half of the year, more than half of Sprint’s subscriber losses on the consumer side were offset by gains on the wholesale side. …Â Read More
Even as some companies combine through mergers and acquisitions, others are becoming pure-play wireless-focused test companies. …Â Read More
European carriers seem to be emphasizing the “Long” in Long Term Evolution. …Â Read More
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