Ericsson AB (Nasdaq: ERIC) has teamed up with Germany's Giesecke & Devrient to offer remote SIM management services for the Internet of Things market. The services will be delivered through Device Connection Platform (DCP), Ericsson's IoT/M2M platform, and G&D's subscription management platform, SmartTrust AirOn.
Orange Polska will pay 3.2 billion zlotys ($859.11 million) for 4G spectrum in Poland's latest auction, according to a Reuters report. The regulator also revealed that T-Mobile will pay PLN2.1 billion ($561 million) for its slice, while Polkomtel SA must stump up PLN156 million ($41.7 million).
Germany's third-largest cable operator, Tele Columbus AG , has launched a share issue which it hopes will raise around €382.7 million ($435.21 million). Could it be that more acquisitions are on the horizon? Back in July Tele Columbus bought rival PrimaCom for €711 million (US$775 million). (See Tele Columbus Bulks Up With $775M Acquisition.)
The CEO of Bharti Airtel Ltd. (Mumbai: BHARTIARTL) has criticized Safaricom Ltd. for allegedly abusing its dominant position in the Kenyan market, reports the Financial Times (subscription required). Adil El Youssefi highlighted in particular the lack of access offered to Safaricom's competitors in the mobile money sphere -- Safaricom holds 67% of that market, says the report.