Deutsche Telekom AG will pay more than $95 million to settle U.S. criminal and civil charges that a Hungarian unit and three former executives schemed to bribe government officials in Macedonia and Montenegro. Regulators said the charges arose from the company's Magyar Telekom unit having in 2005 and 2006 arranged payments of $15.8 million to intermediaries, expecting some or all of the money to be funneled to the officials in exchange for business benefits.
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The Dutch telecoms regulator has put KPN, the country's telecoms market leader, under close supervision, saying it may have broken the law to the detriment of consumers and competitors. KPN and other mobile phone operators in the Netherlands are already under investigation by the country's competition authority, known as NMA, for possible price-fixing.
Motor insurers seeking to get around a European ban on charging male drivers more than women are turning to black box technology that could trigger an upheaval in the way car insurance is sold.
BT (London), Britain's dominant fixed-line telecoms group, said in a statement on Monday that it had filed a claim with the U.S. District Court of Delaware for patent infringement.
ADTRAN, Inc, a provider of networking equipment, announced on Monday that it plans to acquire the fixed line Broadband Access Business (BBA) of Nokia Siemens Networks, as well as the associated professional services and network management.
Telecoms operator Telefonica trimmed its planned 2012 dividend on Wednesday in a move to keep its debt under control as the telecoms group battles sluggish economic growth in its home market and uncertainty in Europe.
France's telecoms regulator has received bids from all of the country's major operators for a second batch of higher-quality fourth-generation (4G) mobile licenses and will choose winners in the coming weeks.