Euronews: T-Mobile Sale 'Unlikely'
In today's EMEA roundup: DT's CEO tells it like it is; Freeview boss sees 4G trouble ahead; C&WC results not so hot in Caribbean
Deutsche Telekom AG (NYSE: DT), T-Mobile US Inc. and Cable & Wireless Communications loom large in today's trawl through the EMEA headlines.
Deutsche Telekom CEO Rene Obermann has told shareholders that a complete sale of its T-Mobile USA subsidiary is now "unlikely," reports Bloomberg. The German giant failed to sell T-Mobile USA to AT&T Inc. (NYSE: T) last year following intervention from the Federal Communications Commission (FCC) . (See Euronews: Failed Merger Hits DT's Numbers and T-Mobile Breakup Causes $6.7B Q4 Loss for AT&T .)
The head of Freeview, the U.K. platform that provides free-to-air digital TV channels, radio stations and interactive services through an aerial, has warned that the (eventual) arrival of 4G in the U.K. could result in up to 2 million TV viewers experiencing interference and/or loss of channels. Ilse Howling has told the BBC -- one of the backers of Freeview -- that the government needs to ensure that there are sufficient funds available to deal with the potential problem.
Cable & Wireless Communications, the U.K.-based operator that has major interests in the Caribbean, reported full-year net profits down 3 percent year-on-year at US$326 million in the face of that old foe, "global economic uncertainty." (See C&WC Reports $326M Annual Profit and C&W Does the Splits.)
Telia Carrier has expanded its Frankfurt data center, allowing it to deliver high-density Tier 3 services. TIC now reckons 500 million end users in 27 countries are less than 30 milliseconds away from its central European hub.
— Paul Rainford, Assistant Editor, Europe, Light Reading
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