Mergers & acquisitions

Euronews: Sept. 20

Vodafone Group plc (NYSE: VOD), Verizon Communications Inc. (NYSE: VZ), and the European Commission take center stage in today's roundup of regional telecom news nuggets.

  • AFP reports that the European Commission wants member states to address the problem of broadband "not-spots" by freeing up their analog frequencies -- currently used for TV and radio output -- for mobile broadband from 2013. It is also suggesting that public authorities could create jobs by lending a hand with the trench-digging for expanding fixed-line networks.

  • Vittorio Colao, the boss of UK-based Vodafone, which holds a 45 percent stake in Verizon Wireless , has been having "secret" (obviously not that secret) talks with his opposite number at Verizon, Ivan Seidenberg, reports The Guardian. Apparently, the cosy chat could result in a dividend windfall for Vodafone shareholders of more than £3 billion (US$4.7 billion).

  • Balkans.com Business News reports that -- count 'em -- six firms have now submitted binding bids to buy Greek's troubled mobile operator Wind Hellas Telecommunications S.A. , citing "an official close to the sale." (See Euronews: Sept. 17 and Euronews: August 24.)

    In other European news:

    — Paul Rainford, freelance editor, special to Light Reading

  • t.bogataj 12/5/2012 | 4:23:05 PM
    re: Euronews: Sept. 20

    Paul, the main today's news is missing.

    Neelie Kroes did a good job again -- the EU introduced guidelines on access to broadband networks. Read about it on European Commision's site: EU to boost access to high-speed networks.


    pfloyd33 12/5/2012 | 4:23:04 PM
    re: Euronews: Sept. 20

    Hi T

    We got there in the end - see today's (Sep 21) Euronews


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