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Germany Shuts Door on Patent Trolls
  + stars: | 2021-06-11 | by ( Ruth Bender | ) www.wsj.com + 0.00   time to read: +4 min
Until now, patent owners were able to almost instantly obtain temporary bans from courts on the sale of products accused of patent infringement. If a court upholds the patent claims while rejecting an injunction, it would still have to order the alleged infringer to pay reasonable compensation to the patent holder. Proponents of the reform say the new law will give judges more leeway to push back against companies seeking to abuse Germany’s patent law for profit. Critics have accused them of preying on big corporations in German courts. “We see a clear weakening of patent law and this can also bear risks in an innovation-driving country like Germany,” said Beat Weibel, head of intellectual property at industrial engineering company Siemens AG , one of the leading patent owners in Europe.
Persons: Christine Lambrecht, Tyler Blint, Critics, infringers, Ludwig von Reiche, , Weibel, Ruth Bender Organizations: Apple Inc, Samsung Electronics Co, Inc, SAP, Deutsche Telekom AG, Volkswagen AG, Google, Samsung, Nvidia Corp, News, Nvidia, Bayer AG, BASF, Siemens AG Locations: BERLIN, Germany, U.S, European, Europe
LONDON/PARIS (Reuters) -Billionaire Patrick Drahi’s Altice Group has bought a 12.1% stake worth about 2.2 billion pounds ($3.1 billion) in Britain’s BT Group, becoming its largest shareholder. “Altice holds the board and management team of BT in high regard and is supportive of their strategy,” Altice UK, a company formed for the purpose of holding the BT stake, said. The stake puts Altice ahead of Deutsche Telekom, which owned 12.06% of BT based on recent filings, Refinitiv data shows. “Altice UK has informed the BT board that it does not intend to make a takeover offer for BT,” it added. We are making good progress in delivering our strategy and plan,” BT said in a statement following Altice UK’s announcement.
Persons: Patrick Drahi’s, Altice, “ Altice, , , Drahi Organizations: Britain’s BT Group, SFR, BT, Deutsche Telekom, “ Altice, Britain’s, ” BT, Vivendi Locations: PARIS, France, Orange, Switzerland, United States, Israel, U.S
REUTERS/Rafael Marchante/File PhotoDrahi’s newly-created vehicle Altice UK announced the holding in a statement on Thursday which drove BT’s shares to a 17-month high. Altice UK is owned by Next Alt, dealmaker Drahi’s private holding, which also controls SFR, the second largest telecoms operator in France behind Orange. “Altice holds the board and management team of BT in high regard and is supportive of their strategy,” Altice UK, a company formed for the purpose of holding the BT stake, said. “Altice UK has informed the BT board that it does not intend to make a takeover offer for BT,” it added. Altice UK has ruled itself out of making a full takeover offer for six months by virtue of its statement.
Persons: Patrick Drahi, Rafael Marchante, “ Altice, , , Jefferies, Altice, Drahi, Morgan Stanley Organizations: BT Group, REUTERS, SFR, Orange, BT, “ Altice, Britain’s, Deutsche Telekom, Vivendi Locations: PARIS, Lisbon, Portugal, France, British, Spain, Switzerland, United States, Israel, Europe, Dominican Republic, U.S
Samsung bets on Europe 5G orders to grow network equipment business
  + stars: | 2021-06-08 | by ( Joyce Lee | ) www.reuters.com + 0.00   time to read: +2 min
SEOUL (Reuters) - Samsung Electronics is banking on Europe to maintain growth momentum in its network equipment business, a senior executive said, as 5G rollout widens and industry leader Huawei Technologies of China focuses on its domestic market. 1 in memory chips and smartphones, in 5G network equipment it ranks fifth behind Huawei, Ericsson, Nokia and ZTE, with a 10-15% market share in the first quarter of 2021, according to market research firm Dell’Oro Group. The network equipment business is small currently for Samsung, which had a revenue of 236.8 trillion won ($212.50 billion) for 2020. Samsung said since the 5G network rollouts began in 2019 in various countries, it has seen the number of new clients for its 5G equipments and systems rise by 35% a year on average. Samsung’s goal is to become top-three in the network equipment business from seventh now, Kim said, but did not give a timeframe, citing the industry’s long incubation time.
Persons: Kim Hong, Ji, Woojune Kim, Kim, , 1,114.3600 Organizations: Samsung Electronics, Huawei Technologies, REUTERS, South Korean, Huawei, Ericsson, Nokia, Dell’Oro, Samsung, U.S, Verizon, Japan’s NTT Docomo, Reuters, Deutsche Telekom, Play Communications, RAN, 5G RAN Locations: SEOUL, Europe, China, Seoul, South Korea, Czech Republic, Poland, India, Australia, Southeast Asia
Smaller AT&T is lighter for mobile battle
  + stars: | 2021-05-28 | by ( ) www.reuters.com + 0.00   time to read: +3 min
It sets AT&T up nicely for a better mobile fight. AT&T spent $15 billion on TV programming and films for the 12 months ending March. AT&T will get $43 billion in cash from its deal with Discovery, which it will use to reduce net debt, currently at $169 billion. Follow @jennifersaba on TwitterCONTEXT NEWS- AT&T and Discovery said on May 17 they would combine WarnerMedia’s programming assets with Discovery. - AT&T said it will use the $43 billion in proceeds from the deal to reduce its net debt of $169 billion.
Persons: John Stankey, Jessica Rinaldi, WarnerMedia, HBO Max, Walt Disney, Tim Hoettges Organizations: T, Global Technology, REUTERS, Discovery, HBO, Netflix, Verizon Communications, Mobile, Verizon, UBS, DirecTV, Deutsche Telekom Chief Locations: New York
Earnings, chip M&A keep European stocks buoyant
  + stars: | 2021-05-20 | by ( Sruthi Shankar | ) www.reuters.com sentiment -1.00   time to read: +2 min
(Reuters) -European stocks rose on Thursday after one of the worst selloffs this year as strong earnings and merger talks in the chip sector helped investors look past inflation worries. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, May 12, 2021. REUTERS/StaffThe pan-European STOXX 600 index rose 0.5% after suffering a 1.5% loss in the previous session. Oslo-listed chipmaker Nordic Semiconductor jumped 9% to the top of STOXX 600 after an Italian daily reported that Franco-Italian rival STMicroelectronics is mulling an offer to buy the company. Asian stocks and U.S. futures continued to struggle, after a hint of tapering talk from the U.S. Federal Reserve and a crash in cryptocurrencies on Wednesday.
Persons: Franco, STMicroelectronics, , Michele Morganti Organizations: Reuters, REUTERS, Staff, Tech, Nordic Semiconductor, U.S . Federal Reserve, Deutsche Telekom, EasyJet Locations: Frankfurt, Germany, Oslo, cryptocurrencies
(Reuters) -European stocks rose on Thursday after one of the worst selloffs this year as strong earnings and merger talks in the chip sector helped investors look past inflation worries. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, May 12, 2021. REUTERS/StaffThe pan-European STOXX 600 index rose 1.3% after suffering a 1.5% loss in the previous session. Oslo-listed chipmaker Nordic Semiconductor jumped 9.8% to the top of STOXX 600 after an Italian daily reported that Franco-Italian rival STMicroelectronics is mulling an offer to buy the company. Budget airline EasyJet fell 2.1% after it warned that late announcement of travel rules reduced visibility as it reported a wider half-year loss.
Persons: Franco, STMicroelectronics, , Michele Morganti, Wall, Jack Allen, Reynolds, Organizations: Reuters, REUTERS, Staff, Tech, Nordic Semiconductor, Capital Economics, Deutsche Telekom, EasyJet Locations: Frankfurt, Germany, Oslo, German, Europe
Earnings, chip M&A talks keep European stocks buoyant
  + stars: | 2021-05-20 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +1 min
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)May 20 (Reuters) - European stocks rose on Thursday after one of the worst selloffs this year as strong earnings and merger talks in the chip sector helped investors look past inflation worries. The pan-European STOXX 600 index rose 0.6% after suffering a 1.5% loss in the previous session. Asian stocks and U.S. futures, however, struggled after a hint of tapering talk from the U.S. Federal Reserve, while still reeling from a crash in cryptocurrencies. French conglomerate Bouygues gained 2.3% after it raised the full-year guidance for its telecoms division and reported a smaller than expected first-quarter core loss. Oslo-listed chipmaker Nordic Semiconductor jumped 8.8% after an Italian daily reported that Franco-Italian chipmaker STMicroelectronics is mulling an offer to buy the company.
Persons: Franco, Sruthi Shankar, Arun Koyyur Organizations: U.S . Federal Reserve, Bouygues, Deutsche Telekom, Nordic Semiconductor Locations: cryptocurrencies, Oslo, Bengaluru
Intel seeks 8 bln euros in subsidies for European chip plant - Politico
  + stars: | 2021-04-30 | by ( ) www.reuters.com sentiment -0.99   time to read: +2 min
An Intel Tiger Lake chip is displayed at an Intel news conference during the 2020 CES in Las Vegas, Nevada, U.S. January 6, 2020. REUTERS/Steve MarcusU.S. chipmaker Intel (INTC.O) is seeking 8 billion euros ($9.7 billion) in public subsidies towards building a semiconductor manufacturing site in Europe, Chief Executive Pat Gelsinger was quoted on Friday as saying. "What we’re asking from both the U.S. and the European governments is to make it competitive for us to do it here compared to in Asia," Gelsinger told Politico Europe in an interview. "Geopolitically, if you’re in Europe, you want to be in continental Europe," he told Politico. Sources said he also visited the headquarters of Volkswagen (VOWG_p.DE), although an Intel spokesman said he could not confirm that a meeting took place.
Persons: Steve Marcus U.S, Pat Gelsinger, Gelsinger, Thierry Breton, Peter Altmaier, , Herbert Diess Organizations: Intel, REUTERS, U.S, Politico Europe, German, Politico, carmaker BMW, Deutsche Telekom, Volkswagen, VW, Thomson Locations: Las Vegas , Nevada, U.S, Europe, Asia, Brussels, United States, Germany, Benelux
Deutsche Telekom invests in blockchain payments platform Celo
  + stars: | 2021-04-20 | by ( Tom Wilson | ) www.reuters.com sentiment -1.00   time to read: +2 min
LONDON, April 20 (Reuters) - Deutsche Telekom has invested in Celo, a blockchain payments platform that allows mobile phone access to “decentralised finance” projects that allow users to bypass traditional financial firms, the company said on Tuesday. Deutsche Telekom has also bought an unspecific amount of the Celo digital token used on the platform, it said, following major firms such as Tesla Inc to hold cryptocurrency in their coffers. San Francisco-based Celo, used in over 100 countries, allows users to send and receive money in the form of its tokens to mobile phones, co-founder Rene Reinsberg said. “We have no idea where Celo will be in five to 10 years, but I think we have a pretty good idea that this is not going away,” said Andreas Dittrich, head of the blockchain solutions centre at Deutsche Telekom unit T-Systems MMS. Any fluctuations in the value of its holdings of Celo tokens would have no discernible impact on its results, Deutsche Telekom said, given the size of the investment.
Persons: , Rene Reinsberg, Andreas Dittrich Organizations: Deutsche Telekom, Tesla Inc, Deutsche, Tesla, MicroStrategy Inc, bitcoin Locations: Celo, San Francisco
By 2024, Deutsche Telekom wants to equip ten million households with fiber-optic connections. This is an automated machine translation of an article published by Business Insider in a different language. Business Insider spoke with an expert in telecommunications economics, as well as with industry associations and a competitor. A spokesperson told Business Insider that they welcome "any initiative that advances the necessary fiber expansion in Germany." "Sporting goals"Wolfgang Heer, managing director of the Bundesverband Glasfaseranschluss (BUGLAS), called Telekom's goals "sporty" to Business Insider.
Persons: Tim Höttges, Höttges, Torsten J, Gerpott, Wolfgang Heer, Sven Knapp, BREKO, Knapp Organizations: Deutsche Telekom, Business, Telekom, Federal Ministry of Transport, Digital Infrastructure, Deutsche, Corporate, Technology, University of Duisburg, German Broadband Communications Association Locations: Germany, Essen
Deutsche Telekom confirms outlook at annual general meeting
  + stars: | 2021-04-01 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +1 min
BERLIN (Reuters) - Deutsche Telekom confirmed its outlook for 2020 on Thursday ahead of its annual general meeting where investors are expected to call for a review of its dividend policy in light of last year’s strong results. The Bonn-based telecoms group confirmed that it expected its adjusted core profit to rise to 37 billion euros ($43.4 billion)this year while cash flow would come in at 8 billion euros. Deutsche Telekom is putting an unchanged dividend of 0.60 euros to the vote at its AGM, which is being held online for the second time due to the coronavirus pandemic. Group adjusted earnings before interest, taxation, appreciation and amortisation after leases (EBITDA AL) - the company’s preferred measure of operational profitibility - rose by 42% last year to 35 billion euros. ($1 = 0.8520 euros)
Organizations: BERLIN, Deutsche Telekom, U.S, Mobile, Sprint Locations: Bonn
T-Mobile pulls the plug on its streaming video offering and offers YouTube TV instead. Phone giant T-Mobile is axing its three streaming video service bundles that operate under the brand name TVision, with the possible loss of hundreds of jobs. "YouTube TV is becoming T-Mobile's live TV solution, with Live, Live + and Live Zone services winding down on April 29," the company said in a release. T-Mobile, owned by Deutsche Telekom and Japan's SoftBank, had also offered users short form video service Quibi, which shut down last year. In his blog, Sievert added: "This shift may surprise some given last year's TVision streaming services launch.
Persons: Mike Sievert, Sievert, That's, Japan's SoftBank, Go90, MobiTV Organizations: Mobile, YouTube, Google, AMC, Sprint, Fox Business, Verizon, Deutsche Telekom, Japan's Locations: MobiTV
Deutsche Telekom, Slovak unit lose appeal against EU antitrust fine
  + stars: | 2021-03-25 | by ( Foo Yun Chee | ) www.reuters.com sentiment -1.00   time to read: +1 min
FILE PHOTO: Brochures with the logo of Deutsche Telekom AG are pictured at the shop in the headquarters of German telecommunications giant in Bonn, Germany, February 19, 2019. REUTERS/Wolfgang Rattay/File PhotoBRUSSELS (Reuters) - Deutsche Telekom and its Slovak unit on Thursday lost their fight against an antitrust fine levied nearly a decade ago by European Union enforcers after Europe’s top court endorsed the sanctions. The two companies were given a joint fine of 38.8 million euros ($45.8 million) and Deutsche Telekom an additional 31-million-euro penalty by the European Commission in 2014. Deutsche Telekom and Slovak Telekom subsequently challenged the decision at the General Court which in a 2018 ruling reduced Deutsche Telekom’s fine by about a third to 19 million euros and trimmed the joint fine to 38.06 million. The case is C-152/19 P Deutsche Telekom v Commision & C-165/19 P Slovak Telekom v Commission.
Persons: Wolfgang Rattay Organizations: Deutsche Telekom AG, REUTERS, Deutsche Telekom, Slovak, Union, European Commission, EU, Slovak Telekom, Deutsche, Justice, European Union, Commission Locations: Bonn, Germany, BRUSSELS, Slovakia, Luxembourg
European stocks rise ahead of ECB meeting, tech stocks jump
  + stars: | 2021-01-21 | by ( Reuters Staff | ) www.reuters.com sentiment -0.98   time to read: +2 min
(Reuters) - European stocks rose on Thursday on hopes of a large U.S. stimulus plan under new President Joe Biden, while investors looked to the European Central Bank for clues on the eurozone’s economic health. REUTERS/Ralph OrlowskiThe pan-European STOXX 600 index rose 0.4%, hitting new highs since February, with tech, travel & leisure and automakers gaining the most. The central bank will announce its own policy decisions at 1245 GMT, followed by President Christine Lagarde’s news conference at 1330 GMT. Tech stocks jumped 1.5%, continuing their rally for a second straight session, led by software maker Sage Group which jumped 4.7% after posting higher quarterly recurring revenue. The pair boosted European telecom sector, which climbed more than 1%.
Persons: Joe Biden, Ralph Orlowski, Biden, , Dhaval Joshi, Christine Lagarde’s, Electrolux Organizations: Reuters, European Central Bank, Deutsche, REUTERS, Street, Paris Agreement, Trump, Biden, BCA Research, ECB, Tech, Sage, Deutsche Telekom, Association of Home Appliance Manufacturers Locations: U.S, Frankfurt, Germany, Paris, Spanish, Netherlands
European shares extend gains on U.S. stimulus hope
  + stars: | 2021-01-21 | by ( Reuters Staff | ) www.reuters.com sentiment -0.67   time to read: +1 min
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)Jan 21 (Reuters) - European stocks extended gains on Thursday on hopes of a large U.S. stimulus plan under new President Joe Biden, while investors looked to the European Central Bank (ECB) for clues on the eurozone’s economic health. The pan-European STOXX 600 index rose 0.7% by 0807 GMT, hitting new highs since February, with automakers banks and industrial companies gaining the most. Asian and Wall Street peers hit record highs after Biden took office on Wednesday and signed half a dozen executive orders that included America’s return to the international Paris Agreement to fight climate change. Among individual shares, Sandvik gained 1.3% after the metal-cutting tools and mining gear maker reported quarterly earnings above analysts’ forecasts. Spanish cellphone mast operator Cellnex rose 3.2% and German telecoms group Deutsche Telekom rose 0.7% after the two companies announced to combine their tower business in the Netherlands.
Persons: Joe Biden, Biden, Sandvik Organizations: European Central Bank, Street, Paris Agreement, ECB, Deutsche Telekom Locations: U.S, Paris, Netherlands
Deutsche Telekom, Cellnex combine Dutch cell phone tower businesses
  + stars: | 2021-01-21 | by ( Reuters Staff | ) www.reuters.com sentiment -0.83   time to read: +1 min
FILE PHOTO: Brochures with the logo of Deutsche Telekom AG are pictured at the shop in the headquarters of German telecommunications giant in Bonn, Germany, February 19, 2019. Once the deal closes, Cellnex Netherlands will operate 4,314 sites, including 180 new ones which will be built over the next seven years. Cellnex will own 62% of the new entity, while Deutsche Telekom will hold 38% through the fund. Deutsche Telekom will receive a 250 million euro ($303 million) cash payment and a shareholding in DIV, they added in the statement. This translates into a capital commitment of Deutsche Telekom of around 400 million euros to the fund.
Persons: Wolfgang Rattay BERLIN, Cellnex Organizations: Deutsche Telekom AG, REUTERS, Deutsche Telekom, Infrastructure, Mobile Locations: Bonn, Germany, Spanish, Netherlands, DIV
Deutsche Telekom looking to sell Dutch unit -paper
  + stars: | 2021-01-11 | by ( Reuters Staff | ) www.reuters.com sentiment -0.98   time to read: +1 min
FILE PHOTO: Brochures with the logo of Deutsche Telekom AG are pictured at the shop in the headquarters of German telecommunications giant in Bonn, Germany, February 19, 2019. REUTERS/Wolfgang RattayAMSTERDAM (Reuters) - Deutsche Telekom is preparing a sale of its Dutch subsidiary T-Mobile Netherlands, Dutch financial daily Financieele Dagblad said on Monday. Citing sources close to the matter, the paper said Deutsche Telekom is looking to sell the mobile phone operator to private equity investors in a deal that could be worth 4 billion to 5 billion euros ($4.9 billion to $6.1 billion). Deutsche Telekom had no success in 2015 when it tried to sell T-Mobile Netherlands, but the Dutch operations have grown considerably since, following the 2018 acquisition of the Dutch part of Swedish provider Tele2. Deutsche Telekom could not immediately be reached for comment.
Persons: Wolfgang Rattay AMSTERDAM Organizations: Deutsche Telekom AG, REUTERS, Deutsche Telekom, Mobile, Financieele Dagblad, Vodafone, Liberty Global Locations: Bonn, Germany, Mobile Netherlands, Netherlands, Swedish
Huawei’s hardware makes up nearly half of the European 4G network that will form the foundation for super-fast 5G, alongside that of Nokia and Ericsson. But European operators are under pressure from the United States to shun the Chinese giant for 5G systems that could in future be supporting services ranging from telemedicine to factory automation. But he said Orange had tested both Samsung and Huawei equipment before opting for Nokia and Ericsson for its 5G systems in France. European operators have already spent billions of euros to roll out fibre optic networks in Europe, and 5G will drain their pockets even more. Altice Europe’s French telecoms business SFR also says it requires its new 5G equipment to fit the existing structure.
Persons: Hannibal Hanschke, , Enrique Blanco, Nicola Palmer, Michael Trabbia, Trabbia, Orange, Altice, Kimmo Stenvall, ” Samsung’s, Stenvall, Telefonica’s Blanco Organizations: Samsung Electronics, Huawei, Samsung, IFA, REUTERS, U.S, Verizon, Spain’s Telefonica, France’s, South, European 4G, Nokia, Ericsson, Washington, Telefonica Chief Technology, Reuters, IF, HUAWEI, WHO, Orange Chief Technology, Bell Canada, Deutsche Telekom, Telefonica, Markets, Networks Locations: MADRID, STOCKHOLM, PARIS, Berlin, Germany, United States, Beijing, Asia, Americas, U.S, Europe, Orange, Poland, Romania, France,
Salesforce Puts Money Into AppsFlyer
  + stars: | 2020-11-24 | by ( Sahil Patel | ) www.wsj.com sentiment -0.76   time to read: +2 min
Salesforce Ventures, the investing arm of the marketing software tech giant Salesforce.com Inc., is putting money into AppsFlyer Ltd., an analytics firm that helps marketers, app developers and others evaluate the performance of their advertising campaigns. Newsletter Sign-up CMO Today CMO Today delivers the most important news of the day for media and marketing professionals. They also allow app developers to integrate ad and marketing technology from more than 8,000 other providers including Facebook Inc., Alphabet Inc.’s Google, Adobe Inc. and Salesforce. AppsFlyer said its business has grown as marketers seek to understand how viewers go from seeing an ad to acting upon it—known as “attribution” in the industry. AppsFlyer has also developed tools for marketers to measure performance while navigating new privacy regulations and decisions by tech giants such as Apple Inc. to limit consumer tracking, he said.
Persons: AppsFlyer, , Oren Kaniel, , Mr, Kaniel, Goldman, Sahil Patel Organizations: Salesforce Ventures, Inc, AppsFlyer Ltd, Facebook Inc, Adobe Inc, Apple Inc, General Atlantic, Qumra, Capital Investing, Deutsche Telekom Capital Partners, Magma Venture Partners Locations: Israel, Goldman Sachs, sahil.patel
Vodafone hit by three-hour mobile network outage in Germany
  + stars: | 2020-11-23 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +1 min
FILE PHOTO: Different types of 4G, 5G and data radio relay antennas for mobile phone networks are pictured on a relay mast operated by Vodafone in Berlin, Germany April 8, 2019. REUTERS/Fabrizio BenschBERLIN (Reuters) - Vodafone said on Monday that operations on its German mobile network were returning to normal after the failure of control equipment caused a widespread outage lasting more than three hours. The German unit of British-based Vodafone, the telecoms group with the most users in Europe, said its network was hit by problems in several regions at 1:50 p.m. (1250 GMT), leaving more than 100,000 mobile phone users cut off. Vodafone said the network problem had been caused by the failure of control equipment in Munich, Frankfurt and Berlin. The network elements will be observed very closely in the coming night and tomorrow,” Vodafone said, apologising to its customers.
Persons: Fabrizio Bensch BERLIN Organizations: Vodafone, REUTERS, Deutsche Telekom, Telefonica Deutschland Locations: Berlin, Germany, Europe, Hamburg, Munich, Cologne, Frankfurt
Little chance of 4-to-3 merger in Swedish telecoms market: Telia
  + stars: | 2020-11-19 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +2 min
FILE PHOTO: Swedish telecommunications group Telia presents Allison Kirkby as new CEO in Stockholm, Sweden October 25, 2019. The Scottish restructuring specialist, who took charge at Telia this year and previously ran Tele2 TEL2b.ST, has acted swiftly to shed overseas assets and refocus Telia as a Nordic regional player. At Tele2, Kirkby pulled off the sale of its struggling Dutch subsidiary to Germany's Deutsche Telekom DTEGn.DE in a so-called four-to-three deal that passed muster with EU competition regulators. With many European telecoms operators reporting stagnant mobile service revenues, one of the few ways for the industry to lift margins is to seek consolidation. Kirkby said the wider telecoms space in Denmark, including new entrants into fibre-optic networks, was more dynamic.
Persons: Allison Kirkby, Henriksson, Telia's, Kirkby, Morgan Stanley, , ” Kirkby, Organizations: TT News Agency, REUTERS BERLIN, Nordic, Deutsche Telekom DTEGn.DE, Morgan, Morgan Stanley Technology, Media, Telecom Conference Locations: Swedish, Stockholm, Sweden, Netherlands, Scottish, Tele2, Denmark
Complementing human contact-tracers, the smartphone apps use Bluetooth signals to track when people are in close contact and anonymously alert users when a recent contact tests positive. SPEEDY NOTIFICATIONSMany governments in U.S. states and elsewhere spent millions of dollars and countless staff hours on development to launch apps before Express arrived. The United States has lagged, with about 6 million people having tried exposure notification apps since the first one debuted in August, according to data from the 18 states and two territories that made apps available. It was taking days for backlogged case investigators to send the codes, which has contributed to poor follow-through in many states, with fewer than half of positive users entering their code. “Time is of the essence,” said Dr. Katherine Feldman, Maryland’s head of contact tracing.
Persons: Timotheus Hoettges, Hannibal Hanschke, , Sarah Tuneberg, Colorado’s, nudges, Tuneberg, , Katherine Feldman, Maryland’s Organizations: OAKLAND, Apple Inc, Google, Deutsche Telekom AG, Apple, REUTERS, District of Columbia, University of California, Express, San, UC San Diego, Apps, United, Reuters Locations: Calif, U.S, Berlin, Germany, Colorado , Maryland, California, Washington, United States, San Diego, England, Singapore, Colorado
Breakingviews - Gatecrashers join Europe’s telecom tower M&A bash
  + stars: | 2020-11-17 | by ( Ed Cropley | ) www.reuters.com + 0.00   time to read: +2 min
LONDON (Reuters Breakingviews) - Cellnex Telecom’s freedom to roam across Europe may be coming to an end. Spurred by the telecommunication tower operator’s rise, Vodafone is preparing to float its mobile mast unit early next year. With half of Europe’s 700,000 mobile towers still potentially up for grabs, the 25 billion euro Spanish M&A machine faces serious competition. If valued at the same multiple, Vodafone’s Vantage Towers, which will have 68,000 masts when it lists in Frankfurt in the spring, would be worth over 14 billion euros. Smaller mobile operators across Europe are still sitting on 350,000 mobile masts, according to consultancy TowerXchange.
Persons: Kong’s CK Hutchison, Tobias Martinez, Sweden’s Telia, Vantage’s, Cellnex, Martinez’s Organizations: Vodafone, LONDON, Reuters, Kong’s, Telefonica, Deutsche Telekom, TowerXchange, Telekom Austria, Norway’s Telenor Locations: Berlin, Germany, Europe, Barcelona, Frankfurt, Spain
France's Orange to buy majority stake in Romanian telecom firm
  + stars: | 2020-11-09 | by ( Reuters Staff | ) www.reuters.com + 0.89   time to read: +1 min
FILE PHOTO: The logo of French telecoms operator Orange is pictured on a closed retail store in Paris, France, April 17, 2020. REUTERS/Charles PlatiauPARIS (Reuters) - France's Orange ORAN.PA has agreed to buy a 54% stake in Telekom Romania Communications from Deutsche Telekom's OTE DTEGn.DE, in a deal giving the Romanian unit an enterprise value of 497 million euros ($591.1 million), the companies said. Telekom Romania Communications reported 2019 revenues of 622 million euros. Romania is a key market for Orange and a great success story,” said Orange Deputy Chief Executive Mari-Noëlle Jégo-Laveissière. OTE has been looking to divest its stake in Telekom Romania to focus investment on next-generation 5G networks in Greece.
Persons: Charles Platiau PARIS, ORAN.PA, OTE, , Mari, Noëlle, Group’s, Michael Tsamaz Organizations: REUTERS, Telekom Romania Communications, Deutsche Telekom's, Deutsche Telekom, Telekom Romania’s, Orange, Telekom, Telekom Romania Locations: Paris, France, Romanian, Romania's, Europe, Romania, Orange, Telekom Romania, Greece
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