Rumours that AT&T has its eye set on Vodafone refuse to go away, with a new report indicating AT&T could make a move on the UK-based giant next year.
Vodafone filed for regulatory approval to fully acquire its Indian unit in a deal worth 101.41 billion rupees ($1.66 billion or €1.21 billion), as the company seeks to take advantage of new direct foreign investment rules in the country.
It is vital that the European development community--from silicon design to software applications--work to benefit from making, using, optimizing and commercializing 4G LTE here at home. Thankfully, and most importantly, market growth potential for mobile and wirelessly connected devices and services is substantial and certain. However, we can't be effective in developing 5G or becoming leaders in providing it to the world if we are not even on the pace in 4G.
EE has upped the pressure on rivals in the UK LTE market by introducing a raft of measures including cheaper LTE tariffs, new pay-as-you-go LTE tariffs and plans to offer a "converged" bundle of LTE and home broadband services.
"Good luck, Randy!" That's exactly what four of Europe's Big 5 operators (e.g., Vodafone, Deutsche Telekom, Orange, Telefónica, and Telecom Italia) told me when I asked the question: What do you think of AT&T CEO Randall Stephenson's statement that he sees room to move the European market in the direction of the U.S. by investing in networks, shifting pricing strategies to encourage mobile data use and collecting more revenue as use increases?
Kabel Deutschland said this week Vodafone's pending takeover of the company would have an impact on its full-year net income, and said it has reduced its revenue forecast for the current fiscal year. Meanwhile, Vodafone continues to face a standoff with Kabel Deutschland's biggest shareholder, Elliott Management Corp.
UK mobile network operators Vodafone, Telefónica's O2, EE and Hutchison Whampoa's 3 UK face a possible fivefold hike in the fees they pay to use 900 MHz and 1800 MHz spectrum for 2G, 3G and now LTE services, if proposals by regulator Ofcom are implemented next year.
Vodafone intends to take advantage of new foreign direct investment rules in India by investing as much as $2 billion (€1.48 billion) to buy out minority shareholders in its Indian unit, reports said this week.
The resignation of Teleco Italia CEO Franco Bernabe has created the distinct possibility that Standard & Poor's will likely cut the carrier's debt rating to junk, according to a Bloomberg story.
Vodafone said on Thursday that CFO Andy Halford,has handed in his resignation notice after nine years with the company and intends to leave in March after the conclusion of Vodafone's transaction to sell its 45 per cent stake in Verizon Wireless to Verizon Communications.