NEW YORK-Following similar moves a few weeks earlier by Spain's Telefonica Moviles and Telekom Austria, Telenor ASA of Norway had to discount its initial public offering in order to get the deal sold Dec. 4.In a transaction lead managed by Goldman Sachs & Co.,...
AMSTERDAM, The Netherlands-Versatel Telecom International N.V. said it ceased bidding in the Dutch Universal Mobile Telecommunications System auction, ending the award process of five licenses. The bids at the end of 305 rounds totaled about $2.5 billion, much less than original estimates.The U.K. government...
SWINDON, United Kingdom-Lucent Technologies Inc. completed network enhancements enabling German mobile operator T-Mobil to deploy a commercial mobile Internet service based on General Packet Radio Service.With the introduction of GPRS to its network, T-Mobile customers will be able to download Internet information and send...
BRUSSELS, Belgium-The mobile subsidiaries of Belgacom and Deutsche Telekom are partnering to jointly bid for a Universal Mobile Telecommunications System license in the Netherlands. The combined company, 3G Blue, will be held 50 percent plus one share by Ben, the Dutch mobile operator, and...
BIEL, Switzerland-Ten companies submitted applications to bid for four third-generation licenses in Switzerland in November. Switzerland's Federal Office of Communications will decide by the end of August which of the applicants can participate in the auction.The regulator said a candidate must prove that granting...
BONN, Germany-Deutsche Telekom announced it will bundle its cellular phone activities into a new holding company called T-Mobile International AG.Kai-Uwe Ricke, currently head of Deutsche Telekom's German wireless operator T-Mobil, will become chairman of the management board of the new company and act as...
