Deutsche Telekom has teamed up with Wirecard, a financial services provider, to help push forward the implementation of its mobile payment strategy. The German incumbent plans to launch its Mobile Wallet in 2013. (See Mobile Money: What's the End Game? )
Kabel Deutschland saw its fiscal first-quarter earnings before interest, tax, depreciation and amortisation (EBITDA) rise 8 percent year-on-year to €209 million (US$258.2 million), on revenues that increased 7.7 percent to €444 million ($549 million). In May, Kabel Deutschland announced it was planning to acquire rival cable operator Tele Columbus AG .
The European Commission has been laying down the telecom law on two fronts: First, it has ruled that the Czech regulator must withdraw its plans to include wholesale broadband services based on cable and Wi-Fi platforms in its definition of the wholesale broadband access product market; and, second, the Commission has expressed "serious doubts" about a proposal from the Latvian regulator to apply fixed termination rates that are much higher than those in other member states.