Reuters reports that private equity firm CVC, which is currently looking to sell Orange Switzerland, is in talks with one of the bidders about a potential merger with rival operator Sunrise Communications AG , should the sale go through. Previous owner Orange (NYSE: FTE) had attempted a merger with sunrise in 2010, but it was quashed by the country's regulator. (See FT Looks to Sell Swiss Biz and FT, TDC Terminate Swiss Merger.)
Dutch incumbent KPN Telecom NV (NYSE: KPN) will soon have to decide whether to strengthen or dispose of its MVNO operation in France, according to a report on Bloomberg. KPN operates the Simyo mobile brand in France, using the networks of Bouygues Telecom and Orange France .
There could be a U.K. "connected home" market worth £3 billion ($4.7 billion) per year within five years, according to report produced by Intellect, a trade body representing British technology firms. The report warns, however, that this will only come about if standardization in the sector is better implemented and average broadband speeds improved. (See Verizon Builds a Connected Home.)
The European Commission has proposed giving the European Institute of Innovation and Technology (EIT) €2.8 billion ($3.7 billion) to create new innovation hubs. "Knowledge triangles" are also involved, apparently...
— Paul Rainford, Assistant Editor, Europe, Light Reading