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)

Everything Everywhere to repay loans from parent companies (UK)

Editor Mobile

Everything Everywhere, the dominant mobile operator in the UK, is reportedly planning to repay the loan taken from its two parent companies, France Telecom and Deutsche Telekom, in an attempt to make itself an independent unit. As per sources, the operator has lined up seven banks consisting of HSBC Holdings PLC (HBC), Royal Bank of Scotland Group PLC (RBS), Morgan …

EditorEverything Everywhere to repay loans from parent companies (UK)

Vodafone eyes Wind Hellas for business opportunity (Greece, Saudi Arabia)

Editor Mobile, Mobile Operators

In a bid to expand its market share in Greece, Vodafone Group PLC is in talks with Greece’s third largest telecom company – Wind Hellas, for a possible business opportunity in combination with its Greek unit. The move comes in an effort for Vodafone to increase its presence in Greece which is currently dominated by rival company Cosmote Mobile Telecommunications …

EditorVodafone eyes Wind Hellas for business opportunity (Greece, Saudi Arabia)

Slovakia to sell Slovak Telekom stake in tender or IPO

Editor Mobile

Slovakia’s Finance Minister, Ivan Miklos has stated that the country will sell its minority stake in Slovak Telekom in an international tender or an initial public offering. According to him, a potential IPO could take place on the Prague, Warsaw and Bratislava stock exchanges. He added that the privatization of the country’s telecommunication services provider could be completed within 18 …

EditorSlovakia to sell Slovak Telekom stake in tender or IPO