German internet service provider United Internet this week signed an agreement with private equity firm Kohlberg Kravis Roberts to acquire all outstanding shares of network operator Versatel for €586m in cash.
The process of consolidation following the acquisition of E-Plus by Telefónica has begun with the announcement of a non-binding “Letter of Intent” between Telefónica Germany and German MVNO Drillisch for the latter to buy yourphone, which is currently a sub-brand of E-Plus.
The European Commission (EC) has asked the German telecoms regulator Bundesnetzagentur (BNetza) to amend or withdraw its proposal on mobile termination rates (MTRs), saying it is the fifth time it has had to intervene in the regulator’s pricing model. This comes as BNetza proposed MTRs for Sipgate Wireless 80% higher than in most EU countries. [...]
European carrier Telefónica has cleared the final regulatory hurdle ahead of its acquisition of E-Plus from Dutch operator group KPN. The European Commission has confirmed that the previously announced agreement with Drillisch complies with the agreed upfront conditions.
UK-based media empire BSkyB created a multinational pay TV business on Friday with the £4.9bn acquisition of Sky Italia and a 57.4 per cent stake in Sky Deutschland. The move puts Sky in a leading position in the pay TV market in the UK, Italy and Germany.
The European Commission has announced the conditional approval of Telefónica’s bid to acquire German operator E-Plus, almost a year after the deal was first announced, which will result in the merger of Germany’s third and fourth-largest operators and reduce the total number of operators in the country to three.
The German government has decided to cancel a contract with Verizon Wireless prompted, at least in part, by the revelations of US spying unveiled by NSA contractor Edward Snowden last year. The apparent assumption on the part of the German government is that, as a US company, Verizon will be obliged to allow US security agencies access to German government communications over the Verizon network.
In a bid to stave off antitrust concerns over its acquisition of E-Plus, Telefonica’s German operation on Wednesday announced plans to open its network up to a local MVNO and IT services firm.
German operator group Deutsche Telekom has launched a mobile wallet service in its domestic market. The operator also plans to extend the offering to further markets; to Slovakia in mid-May and in Hungary later this year.
German telecoms regulator the Bundesnetzagentur has warned Spanish operator group Telefónica that its acquisition of KPN’s German subsidiary E-Plus could see the firms relinquish some spectrum.
Nokia Solutions and Networks has revealed plans to open a Mobile Broadband Security Center in the German capital of Berlin. The firm said it wanted to drive awareness of and collaboration on network security between industry, public sector and end users. The new facility will begin operations in the second half of this year.
UK Prime Minister David Cameron has pledged to work with Germany on research and development on the Internet of Things (IoT), 5G technology and the EU as a single digital market. Cameron made the pledge as he joined German Chancellor Angela Merkel in opening the CeBIT 2014 trade fair in Hanover, Germany.
This weekend German Chancellor Angela Merkel called for the creation of a secure European communications network that would avoid US-based networks and servers. But after questions about the compatibility of Neelie Kroes’ proposals to create a well-governed ‘Open Internet’ with Merkel’s calls for an “EU only” infrastructure, the European Commission reiterated support for the German Chancellor’s calls for better security and data protection but declined to comment on how the two proposals would feasibly coexist.
Operator group Deutsche Telekom has increased the security for voice transmissions in its German network in a bid to better protect its subscribers from wiretapping. The operator has deployed the A5/3 encryption standard for voice transmission, which is currently being rolled out nationwide. The full implementation of the technology is expected to be completed by the end of the year.
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.
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.
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.