Deutsche Telekom is paying the price for T-Mobile US's success. U.S. expenditures were blamed for the decline in Deutsche Telekom's earnings this quarter. The Bonn, Germany-based carrier posted a 3.9% decline in core profit, falling to $5.62 billion, even as net revenues rose 8%....
Deutsche Telekom has begun a quest to convince its cash-loving countrymen to accept mobile payment. The carrier this week launched MyWallet in Germany, allowing its customers to make purchases with their smartphones―and the offer included a sweetner, an introductory bonus of up to €40...
In reaching a relatively stable first quarter, France's leading carrier, Orange, believes that the French telecom price war is finally coming to close.
“This quarter is satisfying for us especially as the margin stabilizes,” Orange finance chief Gervais Pellissier told Businessweek. “Orange’s profitability has been under pressure since 2009, with prices slashed and...
TeliaSonera, the dominant carrier in Sweden and Finland, saw its profits slip as mobile sales continued to slow. Sales for the carrier's main mobile unit decreased by 3.5% to $3.64 billion. Net income fell 4% to $600 million in line with analyst estimates.
“Our markets continue...
With the help of investment firm Blackstone, Telefónica is launching Axonix, a mobile advertising exchange platform, which it claims is the first owned by a telecom company. The Axonix venture is set to resurrect the technology of the ad exchange MobClix, which went bankrupt last...
After losing its bid to buy SFR, Bouygues Telecom might just be bought itself. According to the French newspaper Le Parisien, the number three carrier in France is in talks over a potential sale to Iliad, the owner of Free, the fourth largest operator....
In an overwhelming vote, the European Parliament passed a package of telecom reforms that includes ending roaming charges in the region by Dec. 2015 and adopting strong — and controversial — net neutrality rules.
“Today is an excellent day for Europeans,” said Natalie Kroes, the...
Spanish telecom giant Telefónica will provide wireless Internet connections for the high-end electric car the Tesla S in Europe ― and reportedly its getting paid millions to do it. While the carrier showed off the car at the Mobile World Congress event in February,...
Norwegian telecom giant Telenor had a busy day today. The company announced the sale of its subsidiary Conax to the Swiss company Kudelski for 1.5 billion crowns ($248 million), and on the same day the European Free Trade Association (EFTA) Surveillance Authority opened formal antitrust...
The European Union's quest to create a single telecom market has cleared a key hurdle. The Industry Research and Energy Committee approved the “Telecoms Single Market Regulation,” a package of new policies that include ending roaming and enacting a form of net neutrality. It...
Speaking at the CeBIT conference in Hanover, Germany this week, British Prime Minister David Cameron announced a collaboration with Germany to drive research on so-called "5G" technology and the "Internet of things." Cameron also called on improving the European telecommunications single market.
Cameron told the...
A battle of billionaires is underway in France as media company Vivendi has reportedly given bidders until March 5 to submit final offers for its telecom unit, SFR, the second largest operator in France. The two contenders are the French cable company Numericable, whose...
Orange, France's largest carrier, is looking to take over the triple play provider Jazztel, sources told Bloomberg News. The mobile operator Yoigo, currently owned by Stokholm-based TeliaSonera is also a potential target. The moves by Orange follow earlier reports that U.K.-based Vodafone had bid for...
Vodafone appears ready to go shopping as its nears the closing of its $130 billion deal to sell Verizon Communications at the end of this month. CEO Vittorio Colao said that the carrier has an acquisition capacity of $30 billion to $40 billion.
The U.K.-based carrier...
The 27,136-square-mile country of Ireland is probably best known for its rolling hills and vibrant culture, but with a population of around 4.4 million and a highly skilled work force, it is also a nation that has seen considerable success in high-tech exports and...
The New York Times | July 12, 2011 | Kevin O'Brien
When the chief executives of Europe’s biggest telecom companies meet on Wednesday in Brussels with Neelie Kroes, the European Union commissioner who oversees their industry, they plan to present her with a...
CNET | July 12, 2011 | Jessica Dolcourt
It's said you have to spend money to make money. If this latest rumor is true, Nokia will be betting on a $127 million dollar marketing budget to help sell Nokia-made Windows Phones, according to Marketing Magazine.
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