Jibe Mobile announced the expansion of its global interconnection showcase for next week's Mobile World Congress event being held in Barcelona, Spain. Although this announcement is focused on a demonstration, the functionality behind the demonstration is the more interesting part.
Deutsche Telekom, Sprint, Vodafone and KPN...
VimpelCom selling Djezzy for $2.6B
While other carriers look for mergers and acquisitions in Europe, two major Dutch telecoms are shrinking their asset portfolios.
VimpelCom recently announced it is selling its 51% stake in Algeria's Djezzy for $2.6 billion. The Amsterdam-based telco and its subsidiary Global Telecom Holding...
French telecom operator Orange showed more signs of stabilizing when it released results for the first half of 2014 . To keep its momentum, the telecom upped its cost cutting goal to about $402 million from its previous goal of $334 million.
Orange posted revenues...
The U.K.-based Vodafone Group released its interim management report on July 25, showing that its service revenue declined 4.2% in the quarter ending June 30, the first quarter of the company's fiscal year. While Europe continued to drag down that figure ― the region declined 7.9%...
Ahead of a key regulatory decision over its plan to acquire E-Plus, Telefónica signed a network sharing agreement on June 25 with Drillisch, which operates as a mobile virtual network operator in Germany.
Under the deal, the smaller rival will get access to 20% of...
Following América Móvil's failed bid to takeover KPN last year, the Dutch government is now floating a proposal that would allow it to intervene in any telecom acquisition that had “implications for national security.”
In a June 10 letter to parliament, the Dutch minister of economic...
Despite suffering from slow sales and tough competition in Europe, Vodafone Group said it was still looking to invest in its mobile network.
When the London-based carrier reported earnings for its fiscal year ending March 31, it noted $11.1 billion in “impairments” from its operations...
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%....
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...
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...
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,...
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...
América Móvil has backed away from its $10 billion offer to acquire a controlling interest in Dutch wireless operator KPN even though the deal had gained approval from Dutch regulators. That deal had originally been announced in August and called for América Móvil intention...
The battle for KPN's German business is the latest wave in a flood of mergers and acquisitions in the European telecom sector. According to Dealogic, telecom was the most active sector for European M&A during the first half of the year, representing 18% of...
As expected, América Móvil announced its intention to make a voluntary cash tender offer for the outstanding ordinary shares of KPN at a price of $3.20 per share, which implies a premium of approximately 35.4% over the average closing price of KPN's ordinary shares...
América Móvil (AMX) has terminated its relationship agreement with KPN, which opens the way for América Móvil to increase its stake in the Dutch telecom group. The agreement kept América Móvil from holding more than 30% of KPN: América Móvil currently owns 29.8% of KPN. Now Carlos Slim’s...
Dutch-based KPN is selling 2,000 of its mobile phone towers in Germany to American Tower for approximately $501 million. The Nov. 15 sales agreement is subject to approval by the German government. KPN's German mobile subsidiary, E-Plus, will lease back the sites from American Tower.
The...
Carlos Slim did it. In its third move within a month, telecom group América Móvil, which is controlled by billionaire Slim, reached its goal of increasing its stake in Dutch-based KPN NV from 4.8% to 27.7%. KPN shareholders representing nearly 40% of all shares...
Mexican billionaire Carlos Slim is continuing his quest to increase América Móvil’s (AMX) share of the European market, intensifying its rivalry with Telefónica. In the latest chapter of AMX's effort to achieve a 28% stake in the Netherlands-based telecom company KPN NV, AMX announced...
Latin America telecom giant América Móvil has moved forward on its plans to increase its stake in Dutch-based telecom company KPN, saying it now holds 8.46% of KPN's stock.
According to its statement, América Móvil has entered into three separate transactions pursuant to which it purchased...
Dutch telecom operator KPN has had a busy month attempting to counter a move by Mexico-based operator América Móvil, which is looking to increase its presence in the European market.
About a month ago, América Móvil – the wireless carrier group controlled by...
America Movil (AMX), the wireless carrier group controlled by Mexican Carlos Slim, May 8 offered about 8 euros per share to increase its stake in the Netherlands-based telecom company KPN NV - a price that is about 23.5% above KPN's Monday closing price.
The partial...
iBasis | January 10, 2011 | Press Release
IP-Interconnect Enables Panama’s Second-Largest Carrier to Bring High Quality, Low Cost International Calling to Customers
BURLINGTON, Mass.--(BUSINESS WIRE)--iBasis, a KPN company, today announced that...
KPN and Telefonica will support the delivery of global services within each other markets to their respective multinational customers
The agreement underpins the strategic importance of the MNC segment to both organisations
KPN and Telefonica further enhance their managed mobility solutions for multinational customers
Madrid, The Hague – November 25,...