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Stock Market & Financial Investment News

News Breaks
March 7, 2014
07:35 EDTORAN, TEF, DTEGY, VOD, HUWHY, TIEU telecoms ask EC to ease competition rules, FT reports
In a letter to the European Commission signed by the CEOs of Vodafone (VOD), Telefonica (TEF), Telecom Italia (TI), Deutsche Telekom (DTEGY), Orange (ORAN), and Hutchison Whampoa (HUWHY) the telecom companies have asked for competition rules to be eased in order to allow consolidation and boost industry profits, reported Financial Times. Reference Link
News For VOD;TEF;TI;DTEGY;ORAN;HUWHY From The Last 14 Days
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March 26, 2015
12:53 EDTVODVodafone India acquires spectrum in 12 telecom circles for INR 258.1B
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March 24, 2015
13:50 EDTTEF, HUWHYTelefonica to sell O2 U.K. to Hutchison Whampoa for GBP10.25B
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13:02 EDTHUWHY, TEFTelefonica agrees to sell O2 unit to Hutchison for GBP10.25B, Bloomberg reports
05:58 EDTTEF, HUWHYHutchison Whampoa to finalize deal to buy O2, Financial Times reports
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March 23, 2015
07:27 EDTORAN, DTEGYCityFibre 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 EDTTEF, VODBT 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 19, 2015
12:44 EDTVODVodafone signs letter of intent for stake in Metroweb, Bloomberg says
Vodafone has signed a letter of intent to buy a stake in Metroweb from F2i Sgr, reports Bloomberg, citing three people with knowledge of the matter. The letter of intent does not state financial terms but two of the sources say Vodafone may fund a capital increase for as much as $532M in Metroweb's Sviluppo unit. The sources add that Vodafone stipulated that no single phone-service company gains majority control of Metroweb. 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.
March 17, 2015
06:10 EDTORANOrange SA sees 2018 revenues higher than 2014 revenues
On the financial side, the objectives for the Group are as follows: 2018 revenues will be higher than 2014 revenues. Restated EBITDA in 2018 will be higher than restated EBITDA in 2014, with a low point in 2015 of between 11.9 and 12.1 billion euros, in line with the Groupís previously stated objective. The Group will maintain a healthy financial balance sheet, with a restated net debt to EBITDA ratio of 2x over the medium term. Concerning the dividend, the Group will maintain a minimum of 60 euro-cents per year over the period 2015-2018, without excluding the possibility of an increase depending on restated EBITDA performance.
06:10 EDTORANOrange SA to invest over EUR15B in networks from 2015-2018
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March 16, 2015
11:11 EDTDTEGYMavenir session border controller selected by T-Mobile Austria
Mavenir Systems (MVNR) announced that its session border controller was selected by Deutsche Telekom's (DTEGY) T-Mobile Austria GmbH for its IP Interconnect and Access SBC Project, which T-Mobile Austria plans to commercially launch in 2015.
07:37 EDTVODVodafone outlook still positive, says JPMorgan
JPMorgan says that euro weakness and uncertainties relating to the Indian spectrum auction have caused Vodafone's stock to underperform. But the firm believes that, in April, attention should shift to Vodafone's full-year results and its improving outlook in Europe while the company should resume growing in 2H15. The firm keeps an Overweight rating on the shares.
March 15, 2015
14:59 EDTDTEGYDeutsche Telekom launches platform for connected industry
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March 13, 2015
11:03 EDTORANOrange to enter negotiations with PCCW to sell Dailymotion, WSJ says
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