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.
On Tuesday, the Prime Minister of the United Kingdom announced that telecare and telehealth systems will be rolled out to three million people over the next five years as part of a plan to help patients and reduce costs.
Prime Minister David Cameron launched “3 Million Lives”, a campaign that aims to enhance the lives of people living with chronic conditions, such as diabetes and heart disease, by accelerating the rollout of services across England.
Britain's biggest mobile operator Everything Everywhere (London) announced plans on Thursday to invest over $2.3 billion in the next three years to improve its coverage and prepare for the launch of a fourth generation (4G) network.
AMSTERDAMThe Dutch competition authority raided the offices of telecom operators KPN (The Hague, Netherlands), Vodafone (London, England) and Deutsche Telekom's (Bonn, Germany) T-mobile on Tuesday in a price-fixing investigation.
Last week, Trilliant (Redwood City, Calif., U.S.A.), a smart grid equipment provider, announced it has launched an Interoperability Group that unifies multiple home energy management devices within a single eco-system. The formation of the group aims to help consumers cut their energy bills by up to 10% by installing smart meters.
The German government, telecom company Deutsche Telekom AG's (Bonn, Germany) biggest shareholder, is growing increasingly worried the company's disposal of its T-Mobile USA subsidiary may run aground over antitrust concerns, the Financial Times reported on Thursday.
Ericsson (Stockholm, Sweden), the world's top supplier of telecom network infrastructure, is seen enhancing its competitive advantage over rivals, but the global downturn and pressure on the gross margin will leave the share vulnerable to setbacks.
Of 36 analysts tracked by Reuters, two had an underperform or sell recommendation for Ericsson stocks, while nine had a hold on the stock.
Poland's four cellphone operators, including units of Deutsche Telekom (Bonn, Germany) and France Telecom (Paris, France), have been fined a total of $34 million for anti-competitive conduct in the mobile TV market.
"All members of the cartel were told to stop their practices and received fines," Poland's competition watchdog UOKiK said last week. The regulator accused the four operators of obstructing the development of the nascent mobile television market.