France's broadband specialist Iliad launched its long-awaited mobile service on Tuesday with aggressive offers that sharply undercut rival operators' prices in a bid to carve out a profitable chunk of Europe's second-largest telecom market.
Recently, there has been talk that a merger between Vodafone and Verizon Communications could be the most logical option for both telecom operators. A recent report by analysts from Goldman Sachs Group stated that if Verizon Communications were to get rid of their fixed-line unit, it would allow for its wireless and enterprise units to merge with that of Vodafone’s. The report saw this as the most “attractive option” for Vodafone.
Deutsche Telekom is overhauling its strategy for its U.S. wireless unit after AT&T last month dropped its planned $39 billion takeover of the unit, a person familiar with the strategy planning said on Monday.
"Telekom is planning to work out a new strategy for T-Mobile USA in the coming weeks," the person told Reuters, adding that no date had been set to unveil the plan but it would certainly not be before 2011 results are published on February 23.
China Telecom plans to launch a mobile service in Britain targeting Chinese residents, businesses and visitors early this year, becoming the first Chinese carrier to launch such a service outside China, it said on Wednesday. The service will use rented space on the network of Everything Everywhere, the joint venture of France Telecom and Deutsche Telekom that is Britain's biggest operator.
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.