Nordic group Telenor Group (Nasdaq: TELN) is claiming its best-ever quarter in terms of EBITDA (earnings before interest, tax, depreciation and amortization) and operating cash flow, with third-quarter revenues of 27.7 billion Norwegian kroner ($4.1 billion) and EBITDA of NOK10.3 billion ($1.5 billion). Customer uptake in such far-flung outposts of the Telenor empire as India, Bangladesh and Myanmar helped drive earnings.
Deutsche Telekom AG (NYSE: DT) has formed a partnership with US-based cybersecurity specialist FireEye Inc. to help defend DT's corporate customers in Europe from attacks that traditional defense systems such as firewall and anti-virus programs can't deal with.
UK triple-play provider Sky has invested $7 million in Whistle Sports, a US-based sports network that targets "young millennials," whatever they are, with content featuring non-mainstream, saggy-trousered pursuits such as ultimate frisbee and skateboarding. Like, totally rad, dude. Or something.