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  • Vodafone posts better than expected Q3 sales Thursday, 5 Feb 2015 | 2:26 AM ET
    A pedestrian walks past a Vodafone store in London.

    A steady recovery in Europe helped Vodafone to stem the rate of sales decline in its third quarter.

  • LONDON, Feb 5- BT said on Thursday it would raise 1 billion pounds through a placing of new shares to fund its 12.5 billion pounds acquisition of mobile operator EE. The group, the country's biggest fixed-line telecoms provider, had spent the last few weeks in exclusive talks with the owners of EE, Orange and Deutsche Telekom, about a deal. "The UK's leading 4 G network...

  • Vodafone posts better than expected Q3 sales Thursday, 5 Feb 2015 | 2:12 AM ET

    LONDON, Feb 5- A steady recovery in Europe helped Vodafone to stem the rate of sales decline in its third quarter, putting the world's second biggest mobile operator in touching distance of overall revenue growth once again. The British company said on Thursday its main organic service revenue measurement, which strips out items like handset sales and currency...

  • BT to raise 1 bln stg via a placing to fund EE deal Thursday, 5 Feb 2015 | 2:07 AM ET

    LONDON, Feb 5- BT said on Thursday it had agreed to buy mobile operator EE for 12.5 billion pounds, and would raise 1 billion pounds through a placing of new shares to fund the deal. The group, the country's biggest fixed-line telecoms provider, had spent the last few weeks in exclusive talks with the owners of EE, Orange and Deutsche Telekom, about a deal.

  • BT agrees EE deal, to raise $1.5B via a placing Thursday, 5 Feb 2015 | 4:18 AM ET

    BT said it would raise $1.5 billion through a placing of new shares to fund its 12.5 billion pounds ($19 billion) acquisition of EE.

  • UPDATE 1-BT finalizes deal to buy EE -source Wednesday, 4 Feb 2015 | 2:43 PM ET

    LONDON, Feb 4- BT has reached agreement with Orange and Deutsche Telekom to buy their UK mobile network operator EE and a deal could be announced as early as Thursday morning, a person familiar with the situation said. In December BT said that if the deal went through it expected to pay for EE with a roughly 50:50 split of cash and shares for a combined value of 12.5...

  • AT&T to sell data centers worth $2 bln - sources Monday, 2 Feb 2015 | 6:06 PM ET

    NEW YORK/ SAN FRANCISCO, Feb 2- AT&T Inc is selling some data centers worth about $2 billion as it continues its streak of asset sales, people familiar with the matter said on Monday. AT&T and its rival Verizon have been selling non-core assets in recent months. Verizon is close to announcing divestitures of wireless towers and wireline markets worth $10 billion,...

  • Verizon close to selling $10B in assets: Report Monday, 2 Feb 2015 | 2:25 PM ET

    Verizon could soon close on deals to sell $10 billion in assets, according to a report.

  • WASHINGTON/ SAN FRANCISCO, Jan 30- AT&T Inc spent close to half the total in the record-setting U.S. sale of airwaves for mobile data, with Verizon Communications Inc and bidding partners of Dish Network Corp also spending heavily, results showed on Friday. AT&T bid a total of $18.2 billion to win licenses of so-called AWS-3 spectrum; Verizon bid $10.4 billion and...

  • AT&T led bidding in FCC wireless spectrum auction Friday, 30 Jan 2015 | 12:57 PM ET
    AT&T retail location in Times Square, New York.

    AT&T cast the largest bid in the biggest-ever FCC auction of so-called AWS-3 airwaves that took place on Thursday.

  • US wireless spectrum auction raises record $44.9B Friday, 30 Jan 2015 | 2:40 AM ET

    The U.S. Federal Communications Commission raised a record $44.9 billion in the auction of so-called AWS-3 airwaves.

  • WASHINGTON, Jan 29- The U.S. Federal Communications Commission raised a record-breaking $44.9 billion in the auction of so-called AWS-3 airwaves that closed on Thursday, far surpassing the expectations of experts and industry analysts. Major bidders included wireless carriers Verizon Communications Inc, AT&T Inc and T-Mobile US Inc as well as satellite TV...

  • The new releases are the latest gambits in Chief Executive Officer Satya Nadella's attempt to wrest back the initiative in the battle for mobile users, where Microsoft has fallen behind Apple and Google Inc.. By giving away its industry-standard Office apps on Apple's popular iOS and Google's Android operating systems, Microsoft is looking to build up a base...

  • SAN FRANCISCO, Jan 27- AT&T Inc on Tuesday posted a quarterly net loss that was slightly slimmer than Wall Street expected, as its mobile device deals attracted more customers, but its users switched to other networks at a higher rate. The second-largest U.S. wireless carrier posted a net loss of $4 billion, or 77 cents per share, in the fourth quarter, compared with...

  • UPDATE 1-AT&T posts slight beat in 4th-qtr earnings Tuesday, 27 Jan 2015 | 5:02 PM ET

    SAN FRANCISCO, Jan 27- AT&T Inc on Tuesday reported earnings and quarterly revenue that slightly beat Wall Street expectations as its mobile device deals attracted more customers. The second-largest U.S. wireless carrier posted a net loss of $4 billion, or 77 cents per share, in the fourth quarter, compared with net income $6.9 billion, or $1.31 per share, a year ago.

  • AT&T slightly beats on earnings Tuesday, 27 Jan 2015 | 4:37 PM ET
    A pedestrian looks at a mobile phone while walking past an AT&T Inc. store in Washington, D.C.

    The telecom giant posted fourth-quarter earnings of 55 cents per share, up from 53 cents a share in the year-earlier period.

  • Ericsson earnings hit by North America slowdown Tuesday, 27 Jan 2015 | 3:45 AM ET

    Sweden's Ericsson reported weaker-than-expected fourth-quarter earnings due to a drop in investment by telecoms operators in North America.

  • Big tech predictions by 2020  Friday, 23 Jan 2015 | 4:40 AM ET

    Hans Vestberg, CEO of Ericsson says the next five years will see the "revolution of technology" with 85 percent of world population with 3G or 4G coverage and 90 percent of people above the age of six having a mobile phone.

  • Why is Li Ka-shing going on a buying spree in Europe?  Thursday, 22 Jan 2015 | 10:36 PM ET

    Asia's richest man Li Ka-shing set his sights on Europe likely because asset prices could inflate after the ECB's stimulus package, says Alex Wong, Director, Asset Management at Ample Capital.

  • Telecommunications are 'scale games': Analyst  Thursday, 22 Jan 2015 | 7:50 PM ET

    Chris Lane , Senior Research Analyst at Sanford C. Bernstein, discusses news that Telefónica may sell its British mobile business to Li Ka-shing's Hutchison Whampoa..

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