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  • Hungary to impose world's first internet tax Thursday, 23 Oct 2014 | 6:17 AM ET
    Budapest

    Hungary is preparing to impose the world's first tax on internet usage, the FT reports.

  • *Magyar Telekom could lose 10 bln forints a year- analyst. BUDAPEST, Oct 22- Hungary plans to impose a new tax on Internet data transfers, a draft 2015 tax bill submitted to parliament late on Tuesday showed, in a move that could hit Internet and telecoms providers and their customers hard. Thousands said they would rally against the tax, which they said was excessive,...

  • Hungary plans to impose new tax on Internet traffic Wednesday, 22 Oct 2014 | 4:16 AM ET

    BUDAPEST, Oct 22- Hungary's government plans to levy a new tax on Internet data transfers, according to the draft 2015 tax bill submitted to parliament late on Tuesday, which could hit Internet providers and the country's telecommunications companies. The Economy Ministry said it expects the Internet tax to generate an annual revenue of 20 billion forints.

  • UPDATE 2-Iliad shares jump after T-Mobile bid scrapped Tuesday, 14 Oct 2014 | 1:41 PM ET

    *Bouygues up 4.6 pct, Orange up 3 pct. Backed by billionaire founder Xavier Niel, Iliad made an initial bid worth $15 billion and then raised it but was rebuffed by T-Mobile US's majority owner Deutsche Telekom. Bouygues' shares closed up 4.6 percent at 25.64 euros on Tuesday while shares in mobile market leader Orange closed up 3 percent at 11 euros on hopes that it...

  • *Deutsche Telekom shares down 0.7 percent. FRANKFURT, Oct 14- Deutsche Telekom had already given up on trying to sell its near 67 percent stake in T-Mobile US before upstart French telecoms firm Iliad dropped its bid on Monday and is now looking to avoid having to stump up more funds for the U.S. mobile network operator, analysts and investors said.

  • *Vodafone's New Zealand move is model for cable strategy. LONDON, Oct 14- For those investors questioning the potential of Vodafone's 12 billion pound move into the European cable business, the company's experience in New Zealand shows what can be achieved. The conditions Vodafone had faced in New Zealand were not unlike those confronting it today in its big...

  • *Bouygues up 3.8 pct, Orange up 1.4 pct. The aborted U.S. foray is seen favourably by Iliad investors because many would prefer Niel focus on organic growth at home and pursue mobile consolidation by reviving talks with struggling number three mobile player Bouygues. Bouygues shares rallied 3.9 percent at 0859 GMT.

  • European shares resume slide, Iliad surges Tuesday, 14 Oct 2014 | 4:34 AM ET

    PARIS, Oct 14- European stocks fell early on Tuesday, losing ground for the seventh time in 10 sessions and tracking steep losses on Wall Street as investors fret about the strength of the global economy. British luxury brand Burberry was among the top losers in Europe, down 4.4 percent after warning that market conditions were becoming more difficult, partly...

  • Iliad shares leap after failure to win US mobile prize Tuesday, 14 Oct 2014 | 3:28 AM ET

    Backed by billionaire founder Xavier Niel, Iliad made an initial bid worth $15 billion and then raised it further, but was rebuffed by T-Mobile US parent company, Deutsche Telekom. The aborted U.S. foray is seen favourably by Iliad investors because many would prefer Niel focus on organic growth at home and pursue mobile consolidation by reviving talks with...

  • France's Iliad drops T-Mobile US bid Monday, 13 Oct 2014 | 3:02 PM ET

    NEW YORK— French telecom company Iliad SA says it has dropped its bid to buy a majority stake in wireless carrier T-Mobile US. At the time, Sprint Corp. was also interested in buying T-Mobile, but Sprint later dropped its pursuit after concluding it would have been too difficult to convince regulators to approve the deal. It was offering about $36 per share for 67...

  • PARIS, Oct 13- French low-cost telecoms operator Iliad abandoned its attempt to buy T-Mobile US on Monday because of resistance from majority owner Deutsche Telekom, becoming the third bidder to walk away in three years. "The Iliad group announces that it puts an end to its project of acquiring T-Mobile US, following exchanges with Deutsche Telekom and selected...

  • Hong Kong shares edge up, led by China Mobile Monday, 13 Oct 2014 | 4:10 AM ET

    SHANGHAI, Oct 13- Hong Kong shares erased morning losses on Monday due to strength in blue-chip stocks led by China Mobile, which rose after signing a business deal with Deutche Telekom. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong fell 0.2 percent. China Mobile gained 1.8 percent, following a agreement it signed with...

  • *Consumers increasingly use mobile, Skype to make voice calls. BRUSSELS, Oct 9- European regulators can remove limits on the prices that leading telecoms firms such as Orange and Telecom Italia can charge smaller operators for accessing their telephone networks for voice calls, the European Commission said on Thursday. The move was hailed by the Commission as...

  • BRUSSELS, Oct 3- Facebook, the world's most popular social network, gained European Union clearance on Friday for its proposed $19 billion takeover of mobile messaging startup WhatsApp in a deal setting it against the telecoms industry. WhatsApp is poised to become a potentially powerful rival to companies such as Deutsche Telekom, Orange and Telecom Italia...

  • Iliad, which had initially proposed buying a 56.6 percent stake in Deutsche Telekom AG's U.S. unit, is still prepared to offer about $33 for each T-Mobile share, the Bloomberg report said on Thursday. Sprint Corp, which in August dropped its bid to acquire T-Mobile, had agreed to pay $40 per share under the broad terms of an agreement worked out with Deutsche Telekom.

  • What to expect from CTIA's big wireless show Monday, 8 Sep 2014 | 11:25 AM ET
    Various mobile devices sit on display at the Qualcomm Inc. booth at the International CTIA Wireless conference.

    Between Apple's big product unveiling, carrier pricing battles, and potential M&A in the works, the stakes are high for the wireless industry.

  • No more work emails on vacation? This firm thinks so Thursday, 14 Aug 2014 | 5:44 AM ET

    Well-known work-related hazards could soon be a thing of the past, if one German company's idea catches on.

  • European stocks closed lower, after fluctuating for much of the day, as investors reacted to rate decisions by the BoE and the ECB.

  • Cramer to T-Mobile's Legere: You're on fire     Thursday, 7 Aug 2014 | 9:45 AM ET

    CNBC's Jim Cramer tells T-Mobile CEO John Legere to not let the comments from Deutsche Telekom get to him.

  • Europe closes lower; Ukraine tensions weigh Wednesday, 6 Aug 2014 | 12:00 PM ET

    European shares closed lower on Wednesday, with investors reacting to disappointing data and escalating tensions between Russia and Ukraine.