Deutsche Telekom has teamed up with Wirecard, a financial services provider, to help push forward the implementation of its mobile payment strategy. The German incumbent plans to launch its Mobile Wallet in 2013. (See Mobile Money: What's the End Game? )
Kabel Deutschland saw its fiscal first-quarter earnings before interest, tax, depreciation and amortisation (EBITDA) rise 8 percent year-on-year to €209 million (US$258.2 million), on revenues that increased 7.7 percent to €444 million ($549 million). In May, Kabel Deutschland announced it was planning to acquire rival cable operator Tele Columbus Group.
The European Commission has been laying down the telecom law on two fronts: First, it has ruled that the Czech regulator must withdraw its plans to include wholesale broadband services based on cable and Wi-Fi platforms in its definition of the wholesale broadband access product market; and, second, the Commission has expressed "serious doubts" about a proposal from the Latvian regulator to apply fixed termination rates that are much higher than those in other member states.
— Paul Rainford, Assistant Editor, Europe, Light Reading
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