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  • MEXICO CITY, Aug 12- America Movil is still sniffing out deals in Europe, which could become twice as important for the Mexican telecom company's revenue base within five years, its chief financial officer said on Wednesday. Shares of America Movil, which is controlled by the family of billionaire Carlos Slim, are down more than 5 percent this year as it grapples...

  • ATHENS, Aug 6- OTE, Greece's biggest telecoms operator, posted a second-quarter loss on Thursday, hit by the one-off costs of a voluntary redundancy scheme, but said its domestic business was holding up relatively well despite the economic crisis. Shares in the company, which is 40 percent owned by Germany's Deutsche Telekom, closed up 9.28 percent at 7.77 euros...

  • UPDATE 2-Revenues hold up at Greek telecoms group OTE Thursday, 6 Aug 2015 | 8:45 AM ET

    ATHENS, Aug 6- OTE, Greece's biggest telecoms operator, posted a second-quarter loss on Thursday, hit by the one-off costs of a voluntary redundancy scheme, but said its domestic business was holding up relatively well despite the economic crisis. Shares in the company, which is 40 percent owned by Germany's Deutsche Telekom, were up 6.6 percent at 7.58 euros after...

  • FRANKFURT/ PARIS, Aug 4- Apple Inc, the world's most profitable mobile phone maker, has denied working on a plan to market communications services directly to consumers and bypass the telecom companies on which it has long relied to sell its products. Business Insider had on Monday reported that the iPhone maker was testing a so-called mobile virtual network...

  • FRANKFURT/ PARIS, Aug 4- Apple Inc, the world's most profitable mobile phone maker, has denied a report that it is working on a plan to market communications services directly to consumers that would bypass telecom operators on which it now relies to deliver services. Since it first launched the iPhone in 2007, carriers ranging from AT&T Inc and Deutsche Telekom...

  • *IPO could value firm at 3.5 to 4 bln euros incl debt- source. FRANKFURT, July 31- Germany's biggest digital classifieds group Scout24 has revived last year's listing plans and aims to debut on the stock market in autumn, according to two sources familiar with the matter. Private equity firms Hellman& Friedman and Blackstone own 70 percent of Scout24, which they...

  • PARIS, July 28- France's largest telecom operator Orange inched closer in the second quarter to a long-awaited recovery as customers shifted to premium high-speed mobile and broadband services, allowing it to confirm annual profit, debt and dividend targets. Analysts welcomed what they said was a slight beat on revenue and core profit as strong commercial...

  • LONDON, July 24- Vodafone reported an acceleration in its main quarterly sales growth on Friday as a cable TV acquisition in its biggest market Germany helped to lift sales and consolidate an overall return to growth for the British firm. Vodafone said organic sales in Germany, where Vodafone is battling against the incumbent Deutsche Telekom, were down 1.2...

  • The FCC on Friday said it found that better safeguards in T-Mobile's 911 network architecture would have prevented the outages, which together lasted for about three hours on Aug. 8 and affected almost all of the wireless carrier's 50 million customers nationwide. The regulator also said it found T-Mobile, a unit of Deutsche Telekom AG, did not notify affected...

  • July 16- The U.S. Federal Communications Commission is set to reject $3.3 billion worth of discounts requested by partners of Dish Network Corp, SNR Wireless and NorthStar Wireless, in the government's $45 billion airwave auction earlier this year, the Wall Street Journal reported, citing sources. The FCC officials reviewed $13.3 billion of winning bids by the...

  • *Unveils service in Mexico, Canada. July 9- T-Mobile US Inc said on Thursday that aggressive pricing helped boost its net customer additions in the second quarter by 41 percent over a year ago to 2.1 million, and also offered free calls to and from Mexico and Canada. The No. 4 U.S. wireless carrier unveiled its "Mobile without Borders" plan, which includes calling,...

  • *Unveils new plan for Mexico, Canada. July 9- No. 4 U.S. wireless carrier T-Mobile US Inc added a net 2.1 million customers in the second quarter, up from 1.5 million a year earlier, helped by aggressive offers, and the company said it was adding services in Mexico and Canada. The company unveiled its "Mobile without Borders" plan, which extends calling, texting and 4 G LTE...

  • Greece accounts for less than half a percent of German exports. FRANKFURT, July 1- German industry is beginning to call for Greece to quit the euro zone, having already pared back what business it had there, and now fearing that a continuation of the crisis could spoil a nascent recovery in the rest of Europe. The glimmer of a divergent view by a group that generally...

  • LONDON, June 19- Vodafone has recruited Hannes Ametsreiter, the outgoing chief executive of Telekom Austria, to run its German business, the firm's biggest market where it is struggling in the face of fierce competition. Vodafone is in fierce competition with Deutsche Telekom in Germany where the former state monopoly is regaining market share thanks to...

  • NEW YORK/ FRANKFURT, June 17- U.S. cable company Comcast Corp is not interested in buying wireless carrier T-Mobile US, a person familiar with the situation said on Wednesday. Manager Magazin of Germany, citing sources, had said earlier that the largest U.S. cable operator was in talks with T-Mobile US parent Deutsche Telekom AG about buying the No. 4 U.S. wireless...

  • *Vodafone, Liberty in early talks on asset swap. COLOGNE, Germany, June 12- Liberty Global and Vodafone believe European regulators have become more relaxed about possible consolidation in the cable industry, the heads of their German cable businesses told Reuters, as the groups discuss an asset swap. We see that politicians support this trend in order to...

  • FRANKFURT, June 8- German regional wireless operator Airdata has challenged the EU's approval of Telefonica Deutschland's 8.6 billion euro acquisition of E-Plus, saying concessions offered to allay competition concerns did not go far enough. The takeover completed last year reduced the number of national mobile carriers in Germany to three from four,...

  • UPDATE 1-German regulator expects "lively" mobile auction Wednesday, 27 May 2015 | 8:34 AM ET

    FRANKFURT/ MAINZ, Germany, May 27- Germany started an auction of radio frequencies for mobile phone network operators, hoping to raise billions of euros to help improve a national broadband network that has fallen behind those of poorer countries such as Hungary, Portugal and Spain. "The auction will point the way for the development of mobile services in Germany,"...

  • Germany opens the bidding for mobile phone airwaves Tuesday, 26 May 2015 | 7:01 PM ET

    FRANKFURT, May 27- Germany starts an auction of radio frequencies for mobile phone network operators on Wednesday, hoping to fill state coffers with billions of euros which it plans to use to help improve the country's fast broadband network. Fifteen years later and the number of network operators competing for the mix of 4 G frequencies has been reduced from...

  • *London and Wall St closed for holiday on Monday. LONDON, May 22- European shares slipped off three-week highs on Friday, with luxury goods group Richemont falling on weak sales, while a rebound in the euro also pegged back the region's stock markets. European equities have rallied this year on the back of a government bond buying programme and record low interest...