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Stock Market & Financial Investment News

News Breaks
May 19, 2013
18:10 EDTDTEGY, TEF, FTEFalling prices in European telecom stocks give value to investors, Barron's says
France Telecom (FTE) could provide investors with short-term gains, however, Telefonica (TEF) and Deutsche Telekom (DTEGY) are a better long-term option, Barron's contends. Reference Link
News For FTE;TEF;DTEGY From The Last 14 Days
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March 24, 2015
13:50 EDTTEFTelefonica to sell O2 U.K. to Hutchison Whampoa for GBP10.25B
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13:02 EDTTEFTelefonica agrees to sell O2 unit to Hutchison for GBP10.25B, Bloomberg reports
05:58 EDTTEFHutchison Whampoa to finalize deal to buy O2, Financial Times reports
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March 23, 2015
07:27 EDTDTEGYCityFibre claims BT takeover of EE is anticompetitive, The Telegraph says
CityFibre has filed a claim with British antitrust authorities alleging BTís (BT) GBP12.5B takeover of EE is anticompetitive, reports The Telegraph, citing statements by CityFibre CEO Greg Mesch. BT has claimed that it will immediately cut costs if the takeover proposal succeeds, and CityFibre believes its earlier contract with EE to expand its fibre-optic network will be "effectively neutered." EE is a joint venture by Orange (ORAN) and Deutsche Telekom (DTEGY). Reference Link
06:10 EDTTEFBT Group plans to announce BT Mobile 4G network this week, Telegraph reports
BT Group (BT) is said to be planning to announce the launch of its own 4G network this week, The Telegraph reports. The service, BT Mobile, will initially be offered to the company's 7.6M broadband subscribers and will compete with offerings from O2 (TEF) and Vodafone (VOD). Reference Link
March 18, 2015
05:35 EDTDTEGYDeutsche Telekom and Cisco launch intercloud services on OpenStack
Deutsche Telekom (DTEGY) and Cisco (CSCO) are announcing a newly developed Intercloud-based services for small- and medium-sized businesses and enterprise customers. The two companies announced their Intercloud collaboration in September 2014. Deutsche Telekom and Cisco are currently setting up the necessary infrastructure for a redundant Intercloud node in Deutsche Telekom's high-performance data centers in Magdeburg and Biere near Berlin, Germany. Deutsche Telekom will deliver sovereign and highly secure services that meet Germany's strict data protection standards to business customers throughout the European region.

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