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Eurobites: Deutsche Telekom Stalks Cable Prey

Paul Rainford
8/18/2014
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Also in today's EMEA regional roundup: mobile moves in Norway; Telecom Italia prepares Brazilian bid; paying homage to Simon.

  • Deutsche Telekom AG (NYSE: DT) is keeping a close eye on German cable operators, with a view to potential acquisitions, according to a report in Focus magazine (in German). In the report, DT board member and Telekom Deutschland GmbH managing director Niek Jan van Damme tells Focus that it is "conceivable" that Deutsche Telekom could buy smaller cable operators such as Tele Columbus AG or PrimaCom AG (Nasdaq: PCAG; Frankfurt: PRC) in the near future.

  • ICE, the mobile network provider owned by Ukrainian-American entrepreneur Len Blavatnik (net worth = US$21.3 billion), is close to announcing details of its expansion plans in Norway, reports Reuters. It is thought that ICE will in effect replace Sweden's Tele2 AB (Nasdaq: TLTO), which bailed out of Norway after not being able to secure the spectrum it said it needed at an auction held in December 2013.

  • Telecom Italia (TIM) is preparing to offer up to €7 billion ($9.4 billion) for GVT, Vivendi 's Brazilian broadband unit, reports Bloomberg. The bid, if it happens, would trump Telefónica SA (NYSE: TEF)'s offer of €6.7 billion ($8.97 billion), made on August 5.

  • The European Imaging and Sound Association (EISA) has announced that Huawei Technologies Co. Ltd. is the winner of its European Consumer Smartphone 2014-2015 Award for its Ascend P7. According to Huawei, the Ascend P7 has sold more than 2 million units in more than 70 countries. The EISA said it was the Ascend P7's users' ability to take "high resolution selfies" that swung it. Who would have thought?

  • Of course, the crew at Eurobites Towers still recalls the days when a smartphone had the heft of a house brick. And this week marks the 20th anniversary of the day the IBM Simon -- widely considered to be the forerunner of the modern smartphone -- went on sale to the public. To mark the occasion, London's Science Museum is putting the IBM Simon on display in its new Information Age gallery, which opens in October.

    1994: When men were men, and mobile phones could be used to tenderize a steak.
    1994: When men were men, and mobile phones could be used to tenderize a steak.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

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    alanbreznick
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    alanbreznick,
    User Rank: Light Sabre
    8/18/2014 | 9:43:18 AM
    german cable
    Good to see Deutsche Telekom join the German cable fray. Somebody has to keep Liberty Global honest. 
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