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Eurobites: Telefónica Faces Tax Fine in Peru

Paul Rainford
3/27/2015

Also in today's EMEA regional roundup: Vodafone teams up in Botswana; EE's complaints handing probe; Telekom Austria's Turkish MVNO.

  • Telefónica SA (NYSE: TEF) could face a hefty tax fine in Peru, according to a Reuters report. The potential fine, of up to €437 million (US$473 million), relates to errors in the operator's corporate tax payments in 2000 and 2001. Telefonica said it may still appeal the ruling.

  • Vodafone Group plc (NYSE: VOD) has signed a non-equity partnership agreement with Botswana Telecommunications Corp. , under the terms of which the African operator becomes Vodafone's preferred partner in Botswana and the two companies will jointly offer businesses and residential customers a range of services.

  • UK regulator Ofcom has opened an investigation into the complaints handling procedures of EE from July 2011 to April 2014.

  • Telekom Austria Group has signed up Fenercell Austria, a wholly owned subsidiary of Turkish soccer club Fenerbahce, as an MVNO on the network of A1, Telekom Austria's domestic unit. Around 40,000 Turkish-speaking Fenerbahce fans live in Austria.

  • Deutsche Telekom AG (NYSE: DT) has chosen Chinese giant ZTE Corp. (Shenzhen: 000063; Hong Kong: 0763) as one of its collaboration partners for its 5G:haus innovation lab announced earlier this week. (See Deutsche Telekom Opens 5G:haus.)

  • Belgacom SA (Euronext: BELG), which now trades under the Proximus brand name, is to recruit 162 employees for various positions within the company. It is seeking, among others, people with specific expertise in the Internet of Things, big data and security. Proximus has 14,000 employees in total, making it one of Belgium's largest employers.

  • Swisscom AG (NYSE: SCM) has been asked to build a cloud-based IT platform for national Swiss broadcaster SRG, with completion scheduled for 2019.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

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    csjoshi9756
    csjoshi9756
    8/29/2019 | 5:50:52 AM
    Eurobites Faces Tax Fine in Peru
    under the terms of which the African operator becomes Vodafone's preferred partner in Botswana and the two companies will jointly offer businesses and residential customers a range of services.
    nasimson
    nasimson
    3/28/2015 | 2:39:05 PM
    one of the ..
    Even with 14,000 employees Proximus is just one of Belgium's largest employers, and not the largest. I am just wondering who's the largest employer then?
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