When it comes to Facebook's Telecom Infra Project (TIP) that the social networking giant launched at Mobile World Congress in Barcelona this year, it appears that the biggest U.S. wireless carriers are just not that into it.
Telefónica-owned O2 UK appointed Mark Evans as its new CEO, replacing Ronan Dunne who is stepping down from the role.
Telefónica sold a 1.51 per cent stake in China Unicom (Hong Kong) for a total amount of about €322 million ($355 million), the company revealed in a regulatory filing to the Spanish stock exchange.
Deutsche Telekom could become the next European operator to sell off mobile masts in its domestic market, following a trend that has seen thousands of masts transferred into the ownership of independent tower companies.
Telefónica confirmed that it has ditched plans to sell its O2 UK business in a move apparently connected to market turmoil that has resulted from UK citizens' decision to leave the European Union (EU).
Operators are still digesting the potential impact of the UK's decision to leave the European Union (EU), with most attempting to present a calm front in the face of plunging markets and share prices.
Jefferies analysts weighed up the risks for investors in UK-based telecoms operators following the country's decision to leave the European Union (EU), as economists, politicians and civilians started to consider the potential impact on the country's industry and economy.
Masmovil agreed to buy 100 per cent of Yoigo in a deal it said valued the Spanish mobile operator at €612 million ($689 million), and outlined its plan to create a new fixed and mobile player on what is already a highly converged market.
Telefónica agreed to deploy PTC's ThingWorx Internet of Things platform as part of efforts to advance the development of products and services at its IoT business unit.
Telefónica could now decide to keep O2 UK rather than seek a new buyer or list the unit on the stock market according to Bloomberg.