Light Reading

Eurobites: Deutsche Telekom Names Its Price for T-Mobile US

Paul Rainford
8/29/2014
50%
50%

In today's EMEA regional roundup: Telefónica prevails in Brazilian battle; NFV project issues specs document; Nokia navigates with Samsung.

  • Deutsche Telekom AG (NYSE: DT) has named its price for the sale of its T-Mobile US Inc. unit, according to a Bloomberg report. An unnamed source said that the German giant is only willing to negotiate the sale of the US arm if an offer of at least $35 a share is forthcoming. T-Mobile rejected a surprise bid of $33 a share from French operator Iliad (Euronext: ILD) earlier this month, so now the pressure is on the European firm to increase its bid, possibly with the help of partners. (See Iliad's Bid for T-Mobile: This Ain't No Joke and Eurobites: Iliad Needs to Up Its T-Mobile Bid .)

  • As expected, Telefónica SA (NYSE: TEF) has the upper hand in its battle with Telecom Italia SpA (NYSE: TI) over the sale of Vivendi 's Brazilian broadband unit, Global Village Telecom (GVT). Reuters reports that Vivendi has chosen to hold exclusive talks with the Spanish operator following Telefónica's decision to increase its bid to $9.8 billion and boost the cash component of its offer. Separately, Vivendi reported first-half revenues down 3.5% year-on-year at €5.54 billion (US$7.3 billion), while adjusted net income was down 1.1% to €355 million ($468 million). (See Telefónica, Telecom Italia in $9B Battle to Buy Brazil's GVT.)

  • T-NOVA, an EC-funded collaborative effort developing systems that will support NFV-as-a-service, has issued a specifications document that proposes "an integrated top-down NFV system architecture for the provision of Virtual Network Functions as-a-Service." For more details, see this announcement.

  • Nokia Corp. (NYSE: NOK)'s navigation business, HERE, has formed an agreement with Samsung that will see the Finnish vendor's products appearing on Samsung Corp. 's Tizen-powered devices. HERE is currently undergoing a change in leadership, with former CEO Michael Halbherr departing, it is said, as a result of disagreement over the unit's future direction.

  • Swisscom AG (NYSE: SCM) has completed the acquisition of advertising directories specialist PubliGroupe, reports Reuters, for a price of around 475 million Swiss francs ($519 million).

  • Fiscal full-year revenues at Ireland's eircom declined 6% year-on-year to €1.28 billion ($1.68 billion), though CEO Herb Hribar tried to put an optimistic spin on the results, pointing out that the revenue decline has slowed over the past 12 months. Earlier this month there was talk of AT&T Inc. (NYSE: T) pursuing a potential acquisition of eircom, which is owned by a consortium of lenders. (See Eircom Reports Revenues Dip for Fiscal Year and Eurobites: AT&T Linked to Irish Acquisition.)

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (6)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    Kruz
    50%
    50%
    Kruz,
    User Rank: Light Sabre
    8/31/2014 | 6:08:53 PM
    Re: Dish
    Dish can sit and wait to see what Iliad has to offer.
    Joe Stanganelli
    50%
    50%
    Joe Stanganelli,
    User Rank: Light Sabre
    8/29/2014 | 11:14:57 PM
    Re: Dish
    Keyword: "rumored"

    As I observed yesterday on Twitter here...
    Joe Stanganelli
    50%
    50%
    Joe Stanganelli,
    User Rank: Light Sabre
    8/29/2014 | 11:13:47 PM
    Snowden relation?
    Given the German government's relatively recent announcement that it will only do business with German carriers in the wake of the NSA scandal, I wonder if a significant part of the reason Deutsche Telekom wants to sell T-Mobile US is a matter of attracting/maintaining more profitable local/European business.
    MikeP688
    50%
    50%
    MikeP688,
    User Rank: Light Sabre
    8/29/2014 | 4:02:17 PM
    Re: Dish
    I trust you agree that it is a matter of leadership & vision.   Dish has to do something--just like T-Mobile has to figure out a way to hook up with a more sterngthened operator as AT&T & Verizon continue to dominate the ever saturated market.   I could not help but wonder what Judge Sircia--who broke up AT&T--would say today.

    Hope all enjoy the labor day Week-End. 
    mendyk
    50%
    50%
    mendyk,
    User Rank: Light Sabre
    8/29/2014 | 10:32:08 AM
    Re: Dish
    Given Dish's less-than-stellar market performance, T-Mobile isn't likely to thrive under its ownership.
    KBode
    50%
    50%
    KBode,
    User Rank: Light Sabre
    8/29/2014 | 9:29:54 AM
    Dish
    Dish seems awful quiet on a T-Mobile bid for a company that has been rumored to be a possible suitor for much of the last year...
    Educational Resources
    sponsor supplied content
    Educational Resources Archive
    From The Founder
    Against the odds, Huawei is growing its telecoms networking equipment business in the US -- that should be ringing some alarm bells for domestic vendors.
    Flash Poll
    Live Streaming Video
    CLOUD / MANAGED SERVICES: Prepping Ethernet for the Cloud
    Moderator: Ray LeMaistre Panelists: Jeremy Bye, Leonard Sheahan
    LRTV Huawei Video Resource Center
    Vodafone: Mobile Money Is About Customer Trust

    8|27|15   |   06.36   |   (0) comments


    Light Reading spoke with Vodafone's Ian Ravenscroft about the unique responsibilities and opportunities facing operators handling customers' financial transactions over the network.
    Telecom Innovators Video Showcase
    Palo Alto Networks on Expanding in the Carrier/Service Provider Market

    8|26|15   |   07:54   |   (0) comments


    Alfred Lee from Palo Alto Networks tells Steve Saunders about their new chassis-based system, the PA-7080, and how it can benefit service providers compared to legacy firewalls.
    LRTV Custom TV
    Global Services Forum Preview

    8|25|15   |   02:36   |   (0) comments


    Light Reading's CEO and Founder Steve Saunders talks about Huawei's upcoming Global Services Forum with the help of Heavy Reading's Patrick Donegan and Teresa Mastrangelo.
    Telecom Innovators Video Showcase
    Infoblox on DNS Threat Index

    8|19|15   |   04:39   |   (0) comments


    Dilip Pillaipakam from Infoblox talks to Steve Saunders about his company's core network services.
    Between the CEOs
    CEO Chat With Ihab Tarazi, Equinix

    8|14|15   |   20:18   |   (1) comment


    Equinix CTO Ihab Tarazi talks to Light Reading founder and CEO Steve Saunders about the dramatic changes in the data center, cloud and interconnect markets and discusses the impact of SDN and NFV in the coming years.
    Telecom Innovators Video Showcase
    The Netformx Ecosystem

    8|14|15   |   09:39   |   (1) comment


    Ittai Bareket, CEO of Netformx, talks with Steve Saunders about the Netformx Ecosystem, which employs cutting-edge prescriptive analytics to help solution providers maximize profits.
    Telecom Innovators Video Showcase
    Versa Networks on Leveraging VNFs

    8|12|15   |   07:37   |   (0) comments


    Kumar Mehta, founder and CEO of stealth mode startup Versa Networks, talks with Steve Saunders about how providers can best leverage virtualized network functions (VNFs).
    LRTV Custom TV
    Transforming the Network Through OPNFV

    8|5|15   |   7:09   |   (0) comments


    Sandra Rivera, VP Data Center Group; GM Network Platforms Group, Intel Corporation, on OPNFV Arno and how the industry is coming together to accelerate the deployment of NFV and transform the network.
    LRTV Huawei Video Resource Center
    Huawei ONS Product Demo

    8|3|15   |   6:01   |   (0) comments


    Huawei shows at Open Networking Summit 2015 in Santa Clara how its SDN and NFV solutions embrace openness.
    LRTV Custom TV
    End-User or Enterprise Benefits to the New IP

    7|30|15   |   04:27   |   (1) comment


    Andrew Coward discusses what the New IP means to end users or enterprise customers. He explains compelling reasons, including how every customer can get their own network, from the transformation to the New IP.
    LRTV Custom TV
    Network Visibility & the New IP

    7|30|15   |   02:23   |   (0) comments


    Mukund Srigopal provides an explanation of what network visibility is and how it is essential as service providers transition to the New IP. In addition, the importance of the network packet broker is discussed.
    Between the CEOs
    CEO Chat With Basil Alwan, Alcatel-Lucent

    7|24|15   |   26:44   |   (5) comments


    Basil Alwan, President of IP Routing & Transport at Alcatel-Lucent, discusses virtualization, cultural challenges, the capex crunch and more with Light Reading founder and CEO Steve Saunders.
    Upcoming Live Events
    September 16-17, 2015, The Westin Galleria Dallas, Dallas, TX
    September 16, 2015, The Westin Galleria Dallas, Dallas, TX
    September 16, 2015, The Westin Galleria Dallas, Dallas, TX
    September 29-30, 2015, The Westin Grand Müchen, Munich, Germany
    October 14-15, 2015, New Orleans Ernest N. Morial Convention Center, New Orleans, LA
    November 5, 2015, Hilton Santa Clara, Santa Clara, CA
    November 17, 2015, Santa Clara, California
    December 1, 2015, The Westin Times Square, New York City
    December 2, 2015, The Westin Times Square, New York City
    All Upcoming Live Events
    Infographics
    Cisco's cloud and virtualization portfolio can increase business agility and innovation by building a more flexible network architecture.
    Hot Topics
    Verizon Hums a Driving Tune
    Sarah Thomas, Editorial Operations Director, 8/26/2015
    Gogo Approved to Speed Up In-Flight WiFi
    Sarah Thomas, Editorial Operations Director, 8/24/2015
    Could Market Volatility Hurt Tech IPOs?
    Dan Jones, Mobile Editor, 8/24/2015
    Fact-Checking the Future of 'Silence Like Diamonds'
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 8/21/2015
    Like Us on Facebook
    Twitter Feed
    September 22, 2015
    Media Begins With “Me”
    Webinar Archive
    BETWEEN THE CEOs - Executive Interviews
    Equinix CTO Ihab Tarazi talks to Light Reading founder and CEO Steve Saunders about data center, cloud and the impact of virtualization in the coming years.
    They say there's no such thing as a stupid question, but I probably sail pretty close to the wind in some of my interviews for LR. But then that's one of the things I ...
    Cats with Phones
    Cats & Boxes: A Love Affair Click Here