Orange CEO says expects BT to decide on mobile deal by Christmas

Sources say EU antitrust regulators likely to expand their scrutiny

Reuters

PARIS (Reuters) - Orange Chief Executive Stephane Richard said on Thursday he expected BT Group to decide before Christmas on whether to bid for the UK's largest mobile network operator, EE, or its smaller rival, Telefonica's 02.

"BT has its own calendar," Richard said, speaking at a conference on France's economy and business climate. "You should know more a few days before Christmas."

Denmark's TDC weighs bid for Swedish cable firm Com Hem: sources

Almost 40 percent of Swedish households are connected to Com Hem's network

Reuters

LONDON (Reuters) - TDC, Denmark's biggest telecoms network operator, is weighing a bid for Swedish cable firm Com Hem, as it seeks to expand across the Nordic region, sources familiar with the situation told Reuters.

TDC is sounding out banks to fund a deal that could value the cable operator at more than 11.7 billion Swedish crowns ($1.56 billion) based on its current market price, the sources said.

IBM signs $1.25 billion WPP cloud deal and says more coming

Building hybrid clouds, which mix together private and public-facing Internet

Reuters

LONDON (Reuters) - IBM is enjoying a wave of major technology outsourcing deals from European customers in the fourth quarter and the new contract signings are not over yet, an executive for the computer services giant said in an interview.

Late on Tuesday, IBM announced the third in a string of billion dollar plus contracts, saying it had won a seven-year, $1.25 billion deal with WPP, the world's top advertising firm, to run WPP operations in the cloud.

U.S. House subcommittee postpones hearing on net neutrality

FCC's Wheeler had hoped to set the new rules before the end of the year

Reuters

WASHINGTON (Reuters) - A key House panel has delayed a hearing on the Federal Communications Commission's efforts to write new Internet traffic rules aimed at assuring "net neutrality."

The U.S. House of Representatives Communications and Technology subcommittee had been expected on Dec. 10 to quiz all five FCC commissioners about so-called net neutrality rules that would regulate the how Internet service providers (ISPs) manage web traffic that travels through their networks.

Zain Saudi says rejects Mobily's $586 million claim

Dispute has arisen between the two companies over the application of a 2008 contract

Reuters

DUBAI (Reuters) - Saudi Arabia’s second-biggest telecom operator Mobily said on Tuesday it was seeking arbitration to obtain 2.2 billion riyals ($586.28 million) owed it by Zain Saudi, a claim its smaller rival subsequently said was unfounded.

A dispute has arisen between the two companies over the application of a 2008 contract under which Mobily would provide services including domestic roaming and site sharing to Zain Saudi, which began commercial operations that year.

Canada's Wind Mobile signs roaming deal, Telus likely partner

Deal follows July ruling by CRTC that Rogers unfairly discriminated against new entrants

Reuters

TORONTO (Reuters) - Wind Mobile, a small wireless company that claims fourth spot in an industry dominated by three major players, said on Tuesday that it now reaches 97 percent of Canada's population after adding an unnamed domestic roaming partner.

Wind said the addition would most noticeably increase its coverage in British Columbia, suggesting Vancouver-based Telus Corp as a likely partner.

Samsung Electronics exits fibre optics amid sharper focus on reviving smartphones

Second exit from a business line this quarter, expecting lowest annual profit in three years

Reuters

SEOUL (Reuters) - Samsung Electronics Co Ltd agreed to sell its fibre optics operations to U.S. specialty glass maker Corning Inc, exiting another non-core business to focus on shoring up underperforming key areas like smartphones.

Terms of the sale, including plants in China and South Korea, weren't disclosed. Announced by both parties on Tuesday, the South Korean firm's second exit from a business line this quarter comes as it braces for its lowest annual profit in three years, squeezed by stiff competition.

Internet-connected device sector deals accelerating, report finds

Early consolidation led by Google, includes Cisco, Samsung, Vodafone and Verizon

Reuters

FRANKFURT (Reuters) - Investment in the fast-growing market for Internet-connected devices gathered pace this year and is set to attract more top U.S. technology and telecoms buyers of firms active in the market, a report from a merger advisory firm said on Thursday.

Corporate finance adviser Hampleton Partners' report said that $9.4 billion has been spent in the past three years to acquire so-called "Internet of Things" suppliers, with $5 billion, or more than half of the total, in the first nine months of 2014.

IBM signs 10-year multi-billion cloud deal with ABN Amro

Will provide managed services for mainframes, servers, storage

Reuters

AMSTERDAM (Reuters) - IBM has signed a 10-year, multi-billion dollar deal to provide computer infrastructure services to Dutch bank ABN Amro running on its cloud systems, the U.S. information technology firm said on Monday.

The deal comes as the U.S. company is trying to gain momentum in the market for Internet-delivered services, known as cloud computing. IBM will provide fully managed services for mainframe computers, servers, storage and end-user computing as well as a help desk and other technical support. IBM did not disclose financial details of the deal.

Telecoms group Altice set to buy Oi's Portugal operations

Divestment following ill-fated merger with Portugal Telecom

Reuters

PARIS/SAO PAULO (Reuters) - Telecoms group Altice SA has agreed to buy the Portuguese operations of Brazil's Grupo Oi for about 7.4 billion euros ($9.2 billion), in what will be its third large acquisition this year.

Franco-Israeli billionaire entrepreneur Patrick Drahi, who founded Altice, has been on an expansion drive with deals worth some $30 billion this year alone, and is on track to add Portugal to his portfolio of cable and mobile companies in France, Israel, and the Dominican Republic.

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