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Stock Market & Financial Investment News

News Breaks
June 25, 2014
06:32 EDTTEF, KKPNYTelefonica, Drillisch in network deal, WSJ reports
If its planned takeover of E-Plus from Royal KPN (KKPNY) receives approval, Telefonica Deutschland (TEF) says it will grant network access to Drillisch, a German mobile service provider, the Wall Street Journal reports. Drillisch will acquire 20% capacity on all the mobile networks that come under the control of Telefonica, in addition to capacity to provide services to its existing customers hosted on Telefonica Deutschland's or E-Plus' networks. Reference Link
News For TEF;KKPNY From The Last 14 Days
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October 17, 2014
07:26 EDTTEFTelefonica axes 1.6K German jobs after E-Plus deal, WSJ says
As Telefonica gains E-Plus, the company's German division will reduce over 1.6K staff members in the country, according to The Wall Street Journal, citing a person familiar with the matter. Telefonica's German division employs 9.1K workers total at the moment. Reference Link

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