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Eurobites: Orange, Bouygues End M&A Talks

Also in today's EMEA regional roundup: Vodafone goes regional for business; free WiFi for soccer stadiums; Innowave's new UK boss.

  • Talks between Orange (NYSE: FTE) and Bouygues Telecom about a possible takeover of the latter by the former have broken down, resulting in a plunge in the share price of all the major French telecom companies in early Monday trading, Bloomberg reports. Orange slid more than 5% to €14.35 at one point. According to Bouygues, issues such as guarantees for its employees and the level of its stake in Orange were among the things getting in the way of a deal. (See Orange Ends M&A Talks With Bouygues, Orange & Hutch: A Tale of Two Takeovers and Orange CEO Sees 50:50 Chance of Bouygues Deal.)

  • Vodafone UK has decided to regionalize its business services, setting up dedicated teams of its business specialists in towns and cities across the country. A pilot program in the northern city of Leeds apparently persuaded Vodafone that this was the way to go.

  • Free WiFi, at least for a specific set of club-approved apps, is to be made available at soccer stadiums in England's Football League, which encompasses the second, third and fourth tiers of the sport, reports the BBC. WiFi provider Intechnology will run the service.

  • Portuguese BSS/OSS specialist InnoWave Technologies has appointed Adam Eld as managing director of its UK operations. Eld was previously head of the international contract division at ICP Search.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

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