Telefonica SA


  • T-Mobile deal helps Rhapsody hit 2M paying subs Tuesday, 29 Jul 2014 | 12:02 AM ET

    SEATTLE— Rhapsody International Inc. said Tuesday its partnership with T-Mobile US Inc. has helped boost its number of paying subscribers to more than 2 million, up from 1.7 million in April. Rhapsody also said Tuesday it is expanding the service to Europe through its Napster division in a tie-up with France's second-largest carrier, SFR.

  • Controlling around 70 percent of Mexico's mobile market and more than 60 percent of landlines, Slim's America Movil has been blamed for overcharging consumers for patchy service since he bought a former state-run phone monopoly in the early 1990 s.

  • Slim's Mexico telecoms sale opens doors to competitors Wednesday, 9 Jul 2014 | 5:11 PM ET

    MEXICO CITY, July 9- Mexican tycoon Carlos Slim's plan to divest a chunk of his most valuable asset, phone company America Movil, could open Mexico's telecoms market as never before to rivals.

  • UPDATE 3-Carlos Slim bows to Mexico telecoms reform Tuesday, 8 Jul 2014 | 11:13 PM ET

    MEXICO CITY, July 8- Billionaire Carlos Slim's America Movil said on Tuesday it is ready to divest assets in an unprecedented step to cut its market share in Mexican telecoms below 50 percent and escape the burden of tougher regulations.

  • *Peers seek exit from Spain's alternative market. MADRID, July 7- The collapse on Sunday of wireless provider Gowex could rattle investors' confidence in Spain and its companies just as the country emerges from the worst of a five-year slump and foreign money starts to flow back into it.

  • *Peers seek exit from Spain's alternative market. The supervision of Spain's alternative stock exchange Mercado Alternativo Bursatil, which was thrown into the spotlight by the case, falls under the responsibility of both the market operator Bolsas y Mercados Espanoles and the bourse watchdog Comision Nacional del Mercado de Valores.

  • European shares edge lower after German data miss Monday, 7 Jul 2014 | 4:08 AM ET

    *FTSEurofirst 300 down 0.1 pct, Euro STOXX 50 down 0.2 pct. *Total, Sanofi fall after cautioning over results. EDINBURGH, July 7- European shares fell on Monday after weak data out of Germany took the wind out of a rally that saw a top index post its best week in over three months.

  • UPDATE 3-Orange drops out of French mobile deal talks Wednesday, 2 Jul 2014 | 12:32 PM ET

    Third-place mobile carrier Bouygues has become a target after losing out in a bidding war in April to buy bigger rival SFR to cable group Numericable. A purchase of Bouygues by Orange would likely have required a parallel deal with Iliad, which would buy Bouygues' network and mobile frequencies, to overcome competitive concerns.

  • BRUSSELS/ FRANKFURT, July 2- European regulators have cleared Telefonica's bid to consolidate the German mobile market by buying smaller rival KPN's E-Plus for 8.6 billion euros, raising prospects of more deals to come across Europe's telecoms markets.

  • *Telefonica must sell spectrum, rent out network capacity. BRUSSELS, July 2- Spain's Telefonica won EU antitrust clearance for its 8.6- billion-euro takeover of KPN's German mobile arm E-Plus, giving it a stronger position in Europe's largest phone market.

  • BRUSSELS, July 2- Spain's Telefonica won EU antitrust clearance for its 8.6- billion-euro takeover of KPN's German mobile arm, giving it a stronger position in Europe's largest phone market and marking a milestone in telecoms consolidation.

  • *Move to make Telefonica biggest Telecom Italia investor. MILAN, June 16- Italian banks Intesa Sanpaolo and Mediobanca moved on Monday to leave the shareholder pact that controls Telecom Italia, following insurer Generali and making way for new investors in the phone company.

  • EU to team up with South Korea in global 5G race Monday, 16 Jun 2014 | 11:34 AM ET

    BRUSSELS, June 16- The European Union is teaming up with South Korea to jointly research the next generation of mobile broadband technology, hoping the Asian country's expertise will help it catch up in a field crucial for economic growth and jobs.

  • LONDON, June 13- For decades many of Italy's top companies have been in the grip of shareholder pacts, often stifling reform, but its largest telecoms operator, Telecom Italia, could soon break free, letting in activist investors who sense an opportunity for profitable change.

  • Mexican iFone to seek damages after iPhone ruling Friday, 6 Jun 2014 | 3:09 PM ET

    MEXICO CITY, June 6- Mexican telecommunications company iFone said on Friday, after winning a trademark ruling, it aims to seek damages from three local cellphone providers for using the Apple brand iPhone to sell services.

  • Apple Inc, maker of iPhone smartphones, was not affected by the ruling by the Mexican Institute for Industrial Property against America Movil, Telefonica and Iusacell for advertising mobile phone subscriber plans with the name "iPhone" in the title. "Apple doesn't have a problem because they just sell telephones," another official at the IMPI said.

  • *Euro STOXX 50 up 0.2 pct; DAX flat. PARIS/ LONDON, June 5- Main euro zone equity indexes treaded water on Thursday ahead of a European Central Bank meeting which is expected to yield fresh measures to spur growth.

  • LONDON/ PARIS, June 4- French telecoms firm Orange has hired investment banks Lazard and Credit Suisse to assess a potential purchase of rival Bouygues Telecom, a deal that could top 6 billion euros, two people close to the situation said.

  • LONDON, June 3- Hutchison Whampoa has resumed talks with Russian telecoms group Vimpelcom over merging their Italian mobile firms, encouraged by Hutchison's 3 getting the go-ahead last week for an acquisition in Ireland, according to several people familiar with the situation.

  • MEXICO CITY, June 3- The Mexican unit of Spain's Telefonica said on Tuesday it will focus on expanding its mobile business rather than adding new services as it tries to capitalize on a regulatory overhaul and steal market share from telecoms tycoon Carlos Slim.