July 14, 2010
7:30 AM -- Telefónica SA (NYSE: TEF), Nokia Corp. (NYSE: NOK), AT&T Inc. (NYSE: T), and BT Group plc (NYSE: BT; London: BTA) are the big names in today's European telecom news roundup.
Spanish giant Telefónica is preparing a femtocell fiesta, according to local reports and industry sources. (See Telefónica Preps Femto Launch .)
Nokia's stock price edged down Wednesday morning following the rumor that Nokia Networks is in talks to buy part of Motorola Inc. (NYSE: MOT), reports Reuters. (See Rumor: NSN Wants a Piece of Motorola.)
AT&T has landed a five-year, global managed services deal with German retail goods conglomerate Henkel. Wunderbar! (See Henkel Turns to AT&T For Global IP.)
BT, meanwhile, has managed to extend its managed IT and communications services deal with Unilever. Hurrah! (See Unilever Extends BT Deal.)
On a less positive note for the UK incumbent, the trustees of BT's employee pension plan have been in court to figure out how much of the fund and its US$13.6 billion deficit would be assumed by the British government if the carrier went bankrupt, reports Bloomberg. Cripes!
UK startup Clear Mobitel is to begin LTE trials in Cornwall in September, using spectrum freed up by the switch-off of analog TV. (See Startup Preps UK LTE Trial.)
The UK’s Consumer Communications Panel (CCP) has concluded that British buyers of mobile phones are being given little or no information on how to cancel their contracts if, for whatever reason, they are unhappy with their shiny new purchase, according to a BBC report. Orange UK came in for particular criticism, as it doesn't allow users to cancel because of poor coverage.
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