x
FTTx

Euronews: DT Fights to Keep AT&T Merger Alive

Deutsche Telekom AG (NYSE: DT), Telekom Austria AG (NYSE: TKA; Vienna: TKA) and Telefónica SA (NYSE: TEF) are under the spotlight in today's canter through the EMEA headlines.

  • Deutsche Telekom is looking to resuscitate the T-Mobile US Inc. /AT&T Inc. (NYSE: T) merger, reports Bloomberg, and the German incumbent has promised to help defend the deal alongside AT&T in the U.S. courts. (See DoJ Blocks AT&T/T-Mobile Merger, AT&T: What It Loses Without T-Mobile and Euronews: DT Slumps Following AT&T Bombshell.)

  • It's all kickin' off in Austria, reports Reuters, with the former chancellor resigning his seat in parliament amid corruption claims that continue to swirl around the country's main telco, Telekom Austria. There have been a number of Austrian media reports about alleged "slush fund" payments made by the carrier to politicians and lobbyists, though the chancellor in question, Wolfgang Schuessel, still denies any wrongdoing. The news comes as Telecompaper, citing Austrian news agency APA, reports that the country's ruling OVP party wants to sell the remaining 28 percent stake in the national operator that is still owned by the state.

  • Spanish giant Telefónica is giving itself some major corporate surgery, which sees the integration of its ailing domestic business into its pan-European division, and the creation of one new unit charged with finding new data-services opportunities and another that will look to exploit global economies of scale. (See Telefonica Restructures, Creates New Units and Telefonica Takes $3.8B Hit .)

  • Still in Spain, Vodafone Group plc (NYSE: VOD) is launching LTE services in Madrid, Barcelona and Malaga, according to Spanish newspaper Cinco Dias. The services will initially be available only to Vodafone's main customers in the enterprise and public sectors. (See Euronews: Giants Grab Spanish Spectrum and Euronews: Vodafone Feels Pain in Spain.)

  • A consortium made up of German service provider Quality Service Communications AG (QSC) , Ericsson AB (Nasdaq: ERIC), construction company Degewo and energy firm Vattenfall is building an open-access fiber-to-the-home network that will connect 4,000 new homes in the Gropiusstadt district of Berlin. You can read the German press release on this development here.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

  • Be the first to post a comment regarding this story.
    HOME
    Sign In
    SEARCH
    CLOSE
    MORE
    CLOSE