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Stock Market & Financial Investment News

News Breaks
June 4, 2014
06:33 EDTTEFTelefonica negotiating with small mobile firms on E-Plus, Bloomberg says
Telefonica is in discussions with smaller German mobile providers including Freenet, Drillisch and Liberty Global's Unitymedia KabelBW as it aims to gain E.U. approval for its takeover of Royal KPN's E-Plus division, according to Bloomberg, citing people familiar with the talks. Reference Link
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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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