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  • Resurgent BT comes back to haunt old rival Vodafone Tuesday, 16 Dec 2014 | 10:30 AM ET

    LONDON, Dec 16- BT's move to buy mobile operator EE is expected to put the former state-owned telecoms giant back in pole position as fixed line and mobile services converge, forcing rivals such as Vodafone to make costly moves of their own to keep up. The EE move also revives BT's rivalry with Vodafone which dates back to when they were the two biggest names in...

  • LONDON, Dec 15- BT has entered exclusive talks with the owners of EE for a potential 12.5 billion pound deal to give the former UK state telecoms firm the top position in mobile as well as fixed line broadband services. BT had been in competing talks with both the Spanish group Telefonica's rival mobile firm O2 and EE's owners, Orange and Deutsche Telekom, putting...

  • LONDON, Dec 15- Britain's BT has entered into exclusive talks with Orange and Deutsche Telekom to buy EE for 12.5 billion pounds, opting for the country's biggest mobile operator over rival suitor, Telefonica's O2. BT had been in talks with Telefonica and EE's owners since late November about a deal to buy one of the providers, giving the fixed-line firm an...

  • BT chooses EE over O2 in 12.5 bln stg mobile deal Monday, 15 Dec 2014 | 12:11 PM ET

    LONDON, Dec 15- Britain's BT has entered into exclusive talks with Orange and Deutsche Telekom to buy EE for 12.5 billion pounds, opting for the country's biggest mobile operator over rival suitor, Telefonica's O2. BT had been in talks with Telefonica and EE's owners since late November about a deal to buy one of the operators, putting the British telecom firm in an...

  • BT to enter exclusive talks with EE owners-sources Monday, 15 Dec 2014 | 12:03 PM ET

    LONDON, Dec 15- BT is expected to enter exclusive talks with the owners of EE, Orange and Deutsche Telekom, about buying Britain's biggest mobile network operator, three sources familiar with the situation said on Monday. BT has been in talks with both EE's owners and O2-owner Telefonica since late November about a deal to buy one of the operators, putting the...

  • With WebRTC, the Skype's no longer the limit Thursday, 11 Dec 2014 | 4:00 PM ET

    SINGAPORE, Dec 12- WebRTC, a free browser-based technology, looks set to change the way we communicate and collaborate, up-ending telecoms firms, online chat services like Skype and WhatsApp and remote conferencing on WebEx. Further ahead, WebRTC could add video and audio into all kinds of products and services, from GoPro cameras and educational software to...

  • LONDON/ MADRID, Dec 11- The battle to become the mobile partner of BT intensified on Thursday as the chairman of O2-owner Telefonica flew to London and the owners of EE indicated they were willing to offer more attractive terms to seal a rival deal. BT has been in talks with Telefonica and EE's owners, Orange and Deutsche Telekom since November about a deal to buy one...

  • LONDON, Dec 9- The board of BT met on Tuesday to discuss the possible acquisition of British mobile operators O2 or EE, and agreed to continue talks with both sides, a person familiar with the situation said. The telecoms group has been in talks with O2's owner Telefonica and with the parent firms of Britain's largest mobile carrier EE, France's Orange and Germany's...

  • BT has been in talks with O2's owner Telefonica and with the parent firms of Britain's largest mobile carrier EE, France's Orange and Germany's Deutsche Telekom. Telefonica is also eager to sell because it needs to cut debt. BT, Telefonica, Orange and Deutsche Telekom declined to comment.

  • Vodafone plays down chance of Liberty deal Wednesday, 3 Dec 2014 | 1:31 PM ET

    LONDON, Dec 3- Vodafone has met with analysts and investors this week to calm fears it could make a multi-billion dollar takeover bid for Europe's biggest cable company Liberty Global, according to people present. Shares in Vodafone fell on Monday after people familiar with the situation said the world's second-biggest mobile operator was considering its...

  • UPDATE 1-Altice set to buy Oi's Portugal operations Sunday, 30 Nov 2014 | 4:39 PM ET

    "Altice announces that it has entered into an exclusivity agreement with Oi to agree the purchase of the Portuguese assets of Portugal Telecom," said the statement. Altice already owns two small cable companies in Portugal and buying the former state-owned monopoly Portugal Telecom would vault it into prime position to compete with Vodafone and Optimus.

  • Altice set to buy Oi's Portugal operations - sources Sunday, 30 Nov 2014 | 4:02 PM ET

    The deal with Oi marks the effective unwinding of Oi's ill-fated merger with Portugal Telecom, which hit the rocks earlier this year when the Portuguese side lost hundreds of millions of euros in the country's Espirito Santo banking scandal. Altice already owns two small cable companies in Portugal and buying the former state-owned monopoly Portugal...

  • LONDON, Nov 28- European shares posted their second consecutive weekly gain after a late recovery on Friday, as heavy falls in energy stocks, hit by a slump in oil prices, were offset by gains in airlines and consumer companies. Oil companies such as Statoil and Galp Energia and explorer Premier Oil fell by between 5.8 percent and 13.4 percent, after Brent slipped...

  • LONDON, Nov 28- Private equity funds KKR and Apax are looking to revive plans to snap up EE if Britain's largest mobile operator misses out on a deal with BT Group, sources familiar with the situation said. Other investors such as CVC Capital Partners, which was also in talks to buy EE in 2013, no longer wants to enter the race for the mobile firm, one of the sources said.

  • LONDON, Nov 27- Hutchison Whampoa, the owner of Britain's fourth largest mobile operator 3 Group, is preparing a bid for EE or O2, the mobile groups already in talks on a deal with BT Group, several sources familiar with the matter said. The Chinese company could put forward a bid for either EE or Telefonica's O2 by the end of the year as BT is expected to decide on a deal in...

  • UPDATE 1-EE owners confirm takeover talks with BT Wednesday, 26 Nov 2014 | 3:23 AM ET

    A source familiar with the situation had said EE, owned by Deutsche Telekom and Orange, was the other party. "Deutsche Telekom and Orange, the joint shareholders of EE, regularly analyse the development of the market in which EE operates, evaluating various strategic options which have the potential to create value for EE's shareholders and strengthen the...

  • Europe shares end higher; banks rally on stimulus hopes Tuesday, 25 Nov 2014 | 12:48 PM ET

    PARIS, Nov 25- European stocks ended slightly higher on Tuesday as euro zone banking shares climbed on mounting expectation of more stimulus from the European Central Bank. Crude prices fell again on Tuesday, down by more than $1 a barrel to near four-year lows, after a meeting between Saudi Arabia, Venezuela and major non- OPEC oil exporters ended with no deal on...

  • European shares hit nine-week high, led by banks Tuesday, 25 Nov 2014 | 7:46 AM ET

    PARIS, Nov 25- European stocks rose on Tuesday, with a key benchmark index hitting a nine-week high as euro zone banking shares gained on mounting expectation of more stimulus from the European Central Bank. Shares in Deutsche Bank, Banco Santander and BNP Paribas were up 1.7-2.8 percent. The benchmark index has risen nearly 15 percent from a low hit in...

  • *Euro STOXX 50 up 0.6 pct, posts biggest 2- day rise in 17 months. After European Central Bank chief Mario Draghi promised on Friday to use whatever means necessary to raise inflation, investors were betting the ECB would soon unveil new measures, possibly including government bond purchases. The euro zone Euro STOXX 50 index rose 0.6 percent to 3,211.70 points,...

  • *Euro STOXX 50 up 0.8 pct, eyes biggest 2- day rise in 19 months. After European Central Bank chief Mario Draghi promised on Friday to use whatever means necessary to raise inflation, investors were betting the ECB would soon unveil new measures, possibly including government bond purchases. The euro zone Euro STOXX 50 index was up 0.8 percent at 3,220.50 points at...