Spain's Telefonica in talks to exit Telecom Italia: report

Move could ease regulatory pressure in Brazil's wireless market

Reuters

(Reuters) - Spain's Telefonica SA is in talks to sell its stake in Telecom Italia in a move that could ease regulatory pressure in Brazil's wireless market, Brazilian newspaper Folha de S.Paulo reported on Friday.

Telefonica is negotiating a deal with investment funds to sell its stake in Telecom Italia, the paper reported, without saying how it obtained the information. Telefonica is left with a nearly 15 percent direct stake in the Italian company after fellow investors voted to dismantle their controlling bloc.

EU clears Telefonica Deutschland's takeover of E-Plus

Raises prospects of more deals to come across Europe's telecoms markets

Reuters

BRUSSELS/FRANKFURT (Reuters) - European regulators have cleared Telefonica's bid to consolidate the German mobile market by buying smaller rival KPN's E-Plus for 8.6 billion euros ($11.7 billion), raising prospects of more deals to come across Europe's telecoms markets.

The European Union's powerful antitrust chief Joaquin Almunia said on Wednesday that Telefonica agreed to concessions - including selling some radio spectrum and renting out capacity on its network to smaller rivals - to ensure that the deal does not lead to higher prices for customers.

Brazilian board members of Portugal Telecom quit over debt buy: paper

Shares of Oi and Portugal Telecom tumble as analysts warn of potential credit risk

Reuters

SAO PAULO (Reuters) - Two Brazilian board members of Portugal Telecom resigned after learning of 897 million euros ($1.22 billion) of short-term investments the company made without consulting them, newspaper Valor Economico reported on Wednesday.

The Portuguese company invested in debt issued by Rioforte, a firm controlled by the owners of Espirito Santo Group, which is a major shareholder in Portugal Telecom.

EU to team up with South Korea in global 5G race

South Korea has one of the fastest mobile broadband networks, and is home to Samsung

Reuters

BRUSSELS (Reuters) - The European Union is teaming up with South Korea to jointly research the next generation of mobile broadband technology, hoping the Asian country's expertise will help it catch up in a field crucial for economic growth and jobs.
 
South Korea has one of the fastest mobile broadband networks and is home to Samsung, the world's biggest smartphone maker.

Vodafone targets "connected cars" with Italian deal

To connect more products to the Internet, offset slowing growth in mobile phones

Reuters

LONDON (Reuters) - Vodafone is buying an Italian car electronics maker for 145 million euros ($197 million), seeking to get ahead in the race to connect more products to the internet and offset slowing growth in its core mobile phone business.

u-blox bolsters short-range IoT strategy with connectBlue buy

Swiss M2M module maker u-blox has announced a $28 million takeover of Wi-Fi specialist connectBlue in a move aimed at bolstering its short-range Internet of Things (IoT) strategy.

u-blox said the acquisition would enhance its portfolio of positioning and cellular technologies, allowing it to better support connectivity over the “last hundreds of meters” between equipment and the internet.

EU wants to know if Dixons, Carphone deal will push up tablet prices

Reuters

European Union antitrust regulators are asking British retailers whether the 3.8-billion-pound ($6.40 billion) merger of mobile phone retailer Carphone Warehouse and Dixons Retail will push up the prices of mobile phones and tablets.

Carphone (London, UK), Europe's largest independent mobile phone retailer, and Europe's No. 2 electrical products group, hope the merger will help them capitalize on the growing popularity of smartphones connected to consumer electronics such as ovens and fridges.

Vodacom to acquire Neotel from Tata for $676 million

South Africa’s Vodacom has announced plans to acquire Neotel from India’s Tata Communications for a cash fee of ZAR7 billion ($676 million).

The takeover will put the operator, owned by Vodafone (Newbury, UK), in control of South Africa’s second-biggest fixed-line network, allowing it to better compete in the market for unified communications products that combine fixed and mobile capabilities.

It says it plans to offer an expanded and enhanced range of converged services – such as hosted PBX – to enterprise customers.

America Movil launches $1.9 billion bid for Telekom Austria

Latin American telecoms giant America Movil has launched a €1.4 billion ($1.9 billion) offer for the 73% stake in Telekom Austria it does not already own.

The offer values Telekom Austria at €7.15 a share and is set to remain open for a period of eight weeks, said America Movil (Mexico City, Mexico) in a statement.

For the deal to go ahead, the offer must be accepted by shareholders currently in control of at least 50% of the outstanding shares.

ITU Telecom World

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Start Date: 
Sunday, December 7, 2014
End Date: 
Wednesday, December 10, 2014

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ITU Telecom World is the global platform for high-level debate, networking, innovation-showcasing and knowledge-sharing across the ICT community. It brings together public and private sectors, emerging markets and industry investors to explore the current massive disruption of the ICT sector and its implications for the future. 

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