Dutch operator group KPN has announced it is expecting to make a loss of €3.7bn that it can deduct against taxes as a result of the sale of its German subsidiary E-Plus to Telefonica Deutschland.
Spain’s Telefónica has confirmed that it is in discussions with Czech investment group PPF surrounding the sale of its Czech operation O2. In a stock market announcement following speculation in the financial press, Telefónica said that it is “exploring strategic options in relation to its stake in Telefónica Czech Republic, including conversations with investor group PPF, with nothing certain whether an agreement will be reached, or final terms and conditions.”
Shareholders in Dutch operator group KPN have approved the sale of German subsidiary E-Plus to Telefónica Deutschland at an extraordinary general meeting.
Operator group Vodafone’s €7.7bn bid for German cable company Kabel Deutschland has been accepted by shareholders owning 75 per cent of the firm, the required minimum acceptance condition. The bid had already been approved by the cable firm’s board in June this year.
Operator group Vodafone has admitted that it has been the victim of a hacking attack in Germany. The operator said it had been subject to a “highly sophisticated and illegal intrusion” into one of its servers in Germany. This has resulted in the theft of approximately two million German customers’ data.
Operator group Telefónica will deploy femtocells in Germany to extend its network coverage in areas where buildings’ walls can degrade the quality of a mobile signal or in areas far from a macro cell tower.
It looks like America Movil has given its approval to the takeover of KPN’s German unit E-Plus after Telefónica Deutschland sweetened its original deal.
Dutch operator group KPN is holding an extraordinary general meeting for its shareholders to decide the fate of its German business unit E-Plus. In July, Telefónica Deutschland made a bid to acquire the unit for €5bn; a bid that was approved by KPN’s board.
Latin American operator group America Movil has made an offer to acquire the outstanding shares in Dutch operator group KPN. The Mexico-based firm already owns a 29.8 per cent stake in the operator but is looking to own it outright, or at least secure a majority share, as it steps up its efforts to expand further into Europe.
Operator group Vodafone has signed a five year global managed services deal with OSS/BSS provider Amdocs. Under the terms of the deal, Vodafone’s customer care and billing will be based on Amdocs software applications and the vendor will deliver application development, operations and maintenance services for the operator.
Watchever is a subscription video on demand service that was launched in Germany in early 2013. For €8.99, consumers in Germany can now stream movies and TV Series seamlessly on a wide variety of devices, ranging from the Apple TV to smart TVs, games consoles, tablets, computers and smartphones.
The Informer was once told that if you owe the bank £1,000 it’s your problem, but if you owe the bank £100,000 then it’s the bank’s problem. If this is true then Telefónica, which owes in excess of €48bn, surely can’t have a care in the world. Certainly the firm is not about to let the level of debt it’s carrying stop it spending.
Dutch incumbent KPN has confirmed that it is to sell its German mobile operation, E-Plus, to Spain’s Telefónica, which operates as O2 in the German market. Telefónica will pay €5bn in cash to KPN, which will also hold a 17.6 per cent stake in Telefónica Deutschland once the deal, subject to regulatory approval, has been completed.
Vodafone’s determination to buy Kabel Deutschland represents both an offensive and defensive strategy as it looks to strengthen its position in its leading European market.
The European Commission has asked Germany’s telecoms regulator, the Bundesnetzagentur (BNetzA), to amend or withdraw its plans to make mobile termination rates (MTR) for operators in the country more than 80 per cent higher than most other EU member states.
Operator group Vodafone has had a €7.7bn bid for Kabel Deutschland approved by the German cable group’s board. The board will now recommend the firm’s shareholders accept the offer.
Calls for consolidation in the European mobile market grow louder by the week and four-operator markets look increasingly challenged. Now, those mobile operators that have already built scale seem to be suggesting that there is no option but to expand yet further through diversification.
Vodafone Germany on Thursday announced a deal with local fixed line operator Deutsche Telekom that will see Vodafone offering high speed fixed line broadband and IPTV nationwide.
Online powerhouse Amazon is stepping up its European cloud presence with the creation of a development centre in Germany. The new entity, based in Berlin and Dresden, will create 70 new engineering jobs and will focus on developing technologies to support the Amazon Web Services (AWS) cloud computing business, including hypervisors, operating systems, management tools and other applications as well as the development of machine learning technologies for use across all of Amazon’s platforms.
Operator group Deutsche Telekom has become the latest firm to offer the GSMA’s Joyn messaging platform to its users. The operator has rolled out the service to customers in its native Germany.