Dec 17- French telecom group Orange SA confirmed on Wednesday that it has been sued in California by San Francisco- based startup Telesocial in an intellectual property case, but said that the startup's claims were unfounded. Orange said Telesocial has already taken the company to two French courts including the Paris Court of Appeal based on the same...
LONDON— BT Group PLC says it is in exclusive talks to buy mobile phone operator EE from Germany's Deutsche Telekom and France's Orange for 12.5 billion pounds in cash and shares. BT, Britain's biggest home telephone and Internet provider, announced last month that it was planning to re-enter the mobile market, which it left in 2001.. It foresees a deal that would...
LONDON/ PARIS/ FRANKFURT, Oct 23- EE, Britain's largest mobile network operator, is braced for the increasing convergence of mobile and fixed-line services in the UK market next year and the pace of consolidation is likely to pick up, Gervais Pellissier, a lead director of EE, said on Thursday. EE, formerly known as Everything Everywhere, is a joint venture of Deutsche...
FRANKFURT, Oct 2- To its detractors, Rocket Internet, which on Thursday completed Europe's largest e-commerce flotation in a decade, is either a shameless copycat of others' business ideas or, more harshly, an apocalyptic harbinger of the next tech bubble. Over the years, the Samwers have built and sold German versions of eBay, Facebook, Groupon and others.
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.