Vodafone Group Plc has agreed to buy Spain's largest cable operator Ono for 7.2 billion euros ($10 billion).
Debate has surrounded tech sector valuations with some analysts unconvinced that Netflix's stunning rally is here to stay.
Deutsche Telekom's new Chief Executive Tim Hoettges takes office on Wednesday.
The battle between telecoms firms to attract and retain customers is heating up with more firms offering the 4G service for free.
U.S. stock index futures signaled a sharply lower open Wednesday, amid worries over financial conditions in China and as investors digested a mixed bag of corporate earnings.
Francois Mallet, senior managing director at Kepler Cheuvreux, tells CNBC that the French telecoms sector has underperformed to say the least.
Norway's Telenor and Qatar's Ooredoo won licences on Thursday to enter the Myanmar market, bringing foreign companies across one of the world's last telecoms frontiers.
French police questioned flamboyant tycoon Bernard Tapie on Monday in a fraud investigation that threatens to damage ex-president Nicolas Sarkozy's hopes of a political comeback.
Vodafone has agreed to buy Germany's largest cable operator Kabel Deutschland for 7.7 billion euros ($10 billion), betting on TV and fixed-line services in its biggest deal since 2007.
European shares pared losses to close marginally lower on Thursday, after upbeat economic reports from the U.S.
Orange CEO Stephane Richard was held for questioning on Monday over his role in a 2008 arbitration process that resulted in a large pay-out to businessman Bernard Tapie.
Earnings season is well and truly underway, but weakness from Europe has spoilt the party on both sides of the Atlantic.
European shares rose on Thursday, resuming the two-week rally that has propelled indexes to multi-year highs.
South Korean telecom executives have a message for European cousins who have long looked on in envy at the highly connected Asian market: Be careful what you wish for.
Stephane Richard, CEO of France Telecom-Orange, tells CNBC that the European telecoms industry is weak, pays too much tax and needs a digital strategy.
European telecom stocks have declined more than 10 percent over the past year. That sell-off has pushed yields on many large-cap names to between 6 and 10 percent. Yet dividend fund managers who would normally snap up such high yielding stocks are steering clear, worried about the sector's health and the prospect of dividend cuts.
U.S. telecoms group AT&T is looking at an acquisition in Europe, possibly of Dutch peer KPN or the UK's Everything Everywhere, the Wall Street Journal reported.
Rallying telecom stocks and a bullish start to the new earnings season propelled Europe's top shares to fresh 22-month closing highs.
LONDON, Nov 2- European stocks flirted with two-week highs on Friday, supported by hopes a U.S. job report will reassure about the health of the world's biggest economy, opening the door to more gains.
VIENNA, Oct 31- T-Mobile Austria could slash investment or even withdraw from the country if it is not allowed to compete with rivals that get frequencies needed for fourth-generation LTE mobile products, CEO Andreas Bierwirth told a newspaper. The Deutsche Telekom unit is Austria's second-biggest mobile provider after Telekom Austria.