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 .)
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.