What sprawling multinationals including Vodafone, Telefónica (including O2), Orange and T-Mobile need most is to bulk up in selected nations where they already have market leadership and exit where market shares are relatively small. It is far better to be No. 1 or 2 in a few places than No. 3 or worse in many places.
The recent rumours that AT&T is mulling a European acquisition are based on the idea that the company can escape growth constraints within its home market and build fresh revenues elsewhere. But is Europe the right place to look?
Vodafone's long-running Indian tax saga could finally be coming to an end after India signalled its willingness to hold talks with the operator on settling the disputed $2.2 billion (£1.36 billion) tax bill, according to a Bloomberg report, which cited an unnamed source.
As if it needed more bad news, ailing Finnish handset maker Nokia saw its shares decline further this week after Indian tax officials raided the Nokia factory in Chennai, India, apparently looking for unpaid taxes amounting to $545 million (€418 million).
Vodafone CEO Vittorio Colao confidently predicted UK consumers will embrace payment services based on near field communications (NFC) technology in mobile phones this year, although it is still not clear when services will become available on a wider basis.
Vodafone launched a new program in the UK called "Nearly New" that offers second-hand smartphones in good condition to its pay-as-you-go (PAYG) and pay monthly (PAYM) customers.
Telecoms regulator Ofcom named seven companies that have been named as bidders for the UK's LTE spectrum auction. The country's four mobile operators were joined by BT, Hong Kong's PCCW and managed networks firm MLL Telecom.
Hellas Online (HOL), a competitive unbundled local loop network service provider based in Greece, on Tuesday became the latest service provider in the country to offer VDSL broadband services.
The Netherlands' LTE spectrum auction raised an astonishing $5 billion (€ 3.8 billion), significantly more than the 480 million euros the Dutch government had expected to attract.
The Dutch government will receive a huge windfall following the auction of LTE spectrum, which raised €3.8 billion, significantly more than had been expected. KPN, Vodafone and Deutsche Telekom's T-Mobile all won licences, as did new entrant Tele2 of Sweden.