Altice is reportedly stepping up its plans to buy the country's third-largest operator in a move that would further consolidate France's telecoms market.
BT this week made further progress in its bid to buy mobile operator EE for £12.5 billion (€16.8 billion/$19 billion), raising £1 billion in a share placing on Thursday to help fund the deal.
If BT succeeds in its bid to acquire EE, one thing it won't be doing is bringing the Orange and T-Mobile brands back to life in the UK: according to the Financial Times, BT has no interest in rekindling the two former brands as it intends to focus on driving 4G data services, for which EE is of course famous.
T-Mobile US CEO John Legere pushed back against media interpretations of recent comments made by Timotheus Hoettges, CEO of T-Mobile parent Deutsche Telekom, which many outlets interpreted as Hoettges saying T-Mobile's torrid growth trajectory is unsustainable long term from a financial perspective.
T-Mobile US was thwarted in its efforts to merge last year with Sprint, but the carrier still needs greater scale in the long term despite all of its recent growth, according to Timotheus Hoettges, CEO of T-Mobile parent Deutsche Telekom. Hoettges also said in the long term T-Mobile's blistering growth is unsustainable from a financial perspective.
Deutsche Telekom plans to spend €23.5 billion ($27 billion) on its networks in Germany over the next five years in order to boost its position in the face of stronger competition from rivals.
EE, currently the target of former UK incumbent BT, said it now has 7.7 million subscribers on its LTE (or 4G) network, representing an increase of 5.7 million users in the past 12 months.
EE, currently the subject of a £12.5 billion (€15.7 billion/$19.6 billion) bid by BT, has made an acquisition of its own by snapping up shares it did not already own in communications distributor Mainline Communications.
BT's announcement this week that it has entered into exclusive negotiations with Deutsche Telekom and Orange over a potential acquisition of EE was generally given the thumbs up by analysts and industry players, although one question now being asked is what a successful deal might mean for rival mobile operator O2 UK and its parent company Telefónica.
With a Dutch CEO, and French and German parents, EE today has a more European than British flavour. That could all change if BT acquires the UK operator: the former UK incumbent entered into exclusive negotiations with EE shareholders Orange and Deutsche Telekom on Monday.