Everything Everywhere announces new bank financing facilities worth $ 1.35 billion (UK)

Editor Mobile

UK’s mobile operator, Everything Everywhere has reportedly announced new bank financing facilities worth $ 1.35 billion, in the next step towards becoming an independent entity. According to reports, the operator will use the facilities to refinance a part of the loan received by parent companies France Telecom and Deutsche Telekom worth $ 1.93 billion. As per sources, Neal Milsom, CFO, …

EditorEverything Everywhere announces new bank financing facilities worth $ 1.35 billion (UK)

AT&T to record a cost of US$ 4 billion in the 4Q if T-Mobile merger fails (USA)

Editor Mobile

US mobile operators AT&T and T-Mobile have reportedly withdrawn their petition from the Federal Communications Commission (FCC) in an attempt to first win approval for the clearance of the deal from the Justice Department. Further, according to reports AT&T will record a charge of US$ 4 billion in the fourth quarter as pretax accounting costs to be paid to Deutsche …

EditorAT&T to record a cost of US$ 4 billion in the 4Q if T-Mobile merger fails (USA)

Congstar launches new smartphones with internet flat rate bundles (Germany)

Editor Mobile

Congstar, a subsidiary of Deutsche Telekom has reportedly launched a number of smartphones bundled with an internet flat-rate, enabling users to save upto 25 percent in comparison to the price paid when the service is availed separately. As per sources, the operator offers users five plans to choose from in combination with their preferred Congstar plan. According to reports, the …

EditorCongstar launches new smartphones with internet flat rate bundles (Germany)

T-Mobile saves up US$ 64 million cash for top management in anticipation of AT&T merger (USA)

Editor Mobile

U.S. based mobile operator T-Mobile, a unit of Deutsche Telekom, has reportedly been setting aside cash in an effort to retain its top management if the deal with AT&T is permitted to go through by the US government. According to reports, the network operator has already accumulated $64 million in merger-related employee costs for the past two quarters. As per …

EditorT-Mobile saves up US$ 64 million cash for top management in anticipation of AT&T merger (USA)

KPN considers Telefonica’s O2 for in-country consolidation (Germany)

Editor Mobile

Dutch telecom company KPN has reportedly said that it makes sense to merge its E-Plus business with O2 in Germany, as both operators currently lag behind telecom giants Vodafone and Deutsche Telekom (T-Mobile). According to reports, Elco Blok, CEO, KPN has said there is value to be created in in-country consolidation in Germany and that merging O2 and E-Plus would …

EditorKPN considers Telefonica’s O2 for in-country consolidation (Germany)