The European Commission (EC) has decided to expand on its assessment of the proposed acquisition bid by Orange for Jazztel. The EC announced the in-depth investigation is to determine whether the proposed acquisition is in line with EU merger regulation.
Following reports last week, UK regulator Ofcom has confirmed the appointment of Sharon White as its new Chief Executive. Joining from the HM Treasury, where she is Second Permanent Secretary, White will officially take the reins in March next year.
The Chief Executive of Orange, Stephane Richard, has dropped a hint about the ongoing discussions with BT over a possible acquisition of EE, allegedly stating that he’s expecting a decision from the British telco in the next few weeks.
Vodafone Greece has moved closer to becoming a multiplay service provider by acquiring 72.7% of Hellas Online (HOL), the country’s second largest broadband and fixed-line services provider. The mobile operator acquired Hellas Online for a total cash sum of €72.7m (£57.56m).
Following the news earlier this week about BT’s preliminary acquisition talks with EE and O2, it has been reported Hutchison Whampoa is preparing to make an offer of its own for one of the mobile operators.
Deutsche Telekom and Orange, the joint shareholders of EE, have confirmed initial discussions with BT over a possible sale of the UK mobile operator. In a statement the German and French giants said they are exploring the possibility as part of their regular market assessment to evaluate different strategic options.
The CEO of Altice, Dexter Goei has indicated the French cable group could acquire Bouygues Telecom. According to a report, Goei said the firm, owned by billionare Patrick Darhi, would make a perfect candidate to buy the Telecom arm of Bouygues Group, a fellow French firm.
Ericsson has announced its Wallet Platform has been deployed by Millicom-owned Tigo Senegal to offer financial services to customers across West Africa. Tigo Cash mobile services allow subscribers to make payments, store, transfer and withdraw money using a mobile device, even if the user doesn’t have access to traditional banking services.
The four leading Swiss service providers, as well as the country’s cable operator association Swisscable, have joined forces to formulate an official code of conduct on net neutrality. Swisscom, Sunrise, UPC Cablecom and Orange, as well as Swisscable, are working to keep the internet open in Switzerland, according to an official statement from Swisscom.
Under threat from companies not traditionally viewed as competitors, telcos are racing to both offer cloud services to end-user customers and tap into the cloud to run core network functions in a bid to make their value propositions more competitive and infrastructure more dynamic. But cloud experts from Orange, Swisscom and AT&T have each voiced concerns around just how capable the sector may be at managing such a bold transformation with existing tools.
Orange has reported a year-on-year drop in its 3rd quarter revenues but claimed it achieved excellent commercial performance, particularly in France, and in stabilising its EBITDA margin. It also claimed it is on course to reach its 2014 objectives.
Orange has announced a host of new products and services at its third annual hello show in Paris. The company seemed determined to address almost every aspect of modern life as it showcased some 20-odd products and product enhancements for “connected home, connected business and on-the-go.”
Alcatel-Lucent has announced the work for a new 20,000km-long 100Gbps submarine cable connecting Europe to South East Asia via Middle East is under way. and is expected to complete by 2016.
Orange will launch a new, ultra-cheap smartphone in select emerging markets week, starting with Madagascar. The Alcatel OneTouch Pixi 2 Maxi smartphone, which features a dual-SIM port, will be on sale for about $50.
Operator group Orange said Tuesday it has made a cash offer for 100 per cent of Spanish carrier Jazztel, to the tune of €3.4bn.
French multi-play operator Bouygues has announced plans to cut more than 1,500 jobs, after CEO Olivier Roussat told a press briefing that consolidation-focused discussions being held with incumbent Orange and fast-growing newcomer Iliad had stalled.
The French and Italian mobile markets could both be on the verge of significant consolidation, according to reports from news agency Reuters. In France incumbent telco Orange has set two investment banks to investigate the potential takeover of rival Bouygues, while talks have resumed between Hutchison and Vimpelcom, which own 3 Italia and Wind respectively, about a potential merger. In both instances Reuteurs cited unnamed sources close to the situation.
French incumbent telco Orange has announced that it is to sell its 53 per cent stake in Orange Uganda to Africell, an aspiring pan-regional operator that currently provides services in the DRC, Gambia and Sierra Leone. The deal awaits approval from the relevant authorities, Orange said.
French incumbent Orange has launched a partnership programme through which it intends to offer scale benefits and wholesale services to smaller operators. The first operators to sign up to the Orange Alliance programme are French-Polynesian firm Vini and third-placed Portuguese player Zon Optimus.
Operator group Orange’s enterprise-focused unit has teamed up with management consultancy and technology services provider Accenture to help large enterprises devise their cloud strategies. The two firms will also set out to support enterprises moving their infrastructure and applications to the cloud.