America Movil threatened to abandon its bid for Dutch telecom KPN on Friday, saying it has no plans to raise the 7.2 billion euro ($9.5 billion) offer, after a foundation representing KPN told the Mexican firm to improve its proposal or face a veto.
The foundation, an independent group of former Dutch companies' executives tasked with protecting KPN (The Hague, Netherlands) stakeholders, bought almost 50 percent of KPN's voting stock late on Thursday, moving to block the deal.
Finnish operator DNA has announced that chief executive Riita Tiurnaniemi is to leave the company and says it hopes to find a replacement by the end of the year.
In a statement, DNA (Helsinki, Finland) said Tiurnaniemi’s successor would need to be a dynamic leader with a clear vision about future opportunities for the company, which operates Finland’s third-biggest mobile network and lies in joint third place in the country’s broadband market.
UK mobile operator Three has made the bold move of scrapping the additional fees that customers pay to use phone services when travelling in a number of foreign countries.
Through its new ‘Feel at Home’ service, customers will be able to use voice, messaging and data services at their normal monthly rates when travelling to seven countries, including the Republic of Ireland, Australia, Italy, Austria, Hong Kong, Sweden and Denmark.
Subscribers will only start to incur additional ‘roaming’ fees in those countries if they exceed their monthly usage limits.
This seminar focuses on next steps for the provision of broadband across the UK and the options to encourage greater use by customers and service providers of the 'superfast' network. The conference takes place in the context of the DCMS strategy document: Connectivity, Content and Consumers - Britain's Digital Platform for growth, as well as the NAO report, PAC and EFRAC select committee investigations into the challenges facing the rural broadband programme.
The continual growth of Renewable, or Green, energy in China, India and Japan will no doubt lead to plentiful opportunities for companies working in the energy saving, low power, renewable and alternative energy sectors. Join industry experts at this half day event to explore the opportunities available to Cambridge Wireless members in the expanding Green Energy and Power Management business sectors in all three major markets China, India, and Japan.
Telecoms equipment maker Alcatel-Lucent has announced that Jean Raby will become its new chief financial and legal officer on September 1.
Raby is set to take over from current chief financial officer Paul Tufano, who is departing amid further organizational changes at the company, aimed at reducing its activities to a smaller number of profitable areas.
Telecom Italia has reportedly hired Mario Di Loreto from Italian food company Barilla to head its personnel department.
Citing sources familiar with the matter, Bloomberg says Di Loreto will take up his new position at the beginning of September, replacing Antonio Migliardi, who is resigning after five years in the job.
According to the report, the appointment will be critical to the success of the Italian incumbent’s plan to spin off its fixed-line network, which is set to involve the transfer of some 20,000 employees.
Semiconductor designer ARM has announced a takeover of software company Sensinode in a move aimed at strengthening its position in the M2M market.
Financial details of the transaction were not disclosed, but ARM (Cambridge, UK) appears eager to include Sensinode’s (Oulu, Finland) NanoStack and NanoService products in its mbed project – whose purpose is to “deliver fundamental open source hardware and software building blocks for rapid development of intelligent connected devices”.
Mobile payments specialist HybridPayTech says it has chosen Vodafone’s M2M platform to provide connectivity for its service.
A subsidiary of Freeport Capital (Montreal, Canada), HybridPayTech claims to offer the world’s first completely secure, end-to-end mobile payment service that can process both credit and debit card transactions.
M2M module maker Telit has won a contract to provide receivers to data communications specialist Hirschmann Solutions, a unit of Germany’s Hirschmann Car Communication.
The deal will see Telit’s (London, UK) receivers included in GPS antennas developed by Hirschmann (Neckartenzlingen, Germany) and used to support telematics applications in the transport and logistics sector.
The receiver Telit is supplying is a so-called “ultra-compact” module designed for applications in the commercial, industrial and consumer segments, including wearable and handheld devices.