AT&T is scouring Europe for potential deals, according to multiple reports, adding steam to the rumors that the company is looking abroad for strategic opportunities after having been thwarted in its attempt to buy T-Mobile USA.
France Telecom Orange's strategy to open new business opportunities outside its main footprint was given a boost this week after its Orange Horizons unit signed a partnership agreement with Nashua Mobile to extend its retail footprint, products and services to South Africa, according to local press reports.
The board of France Telecom Orange will reach a decision on the future of CEO Stephane Richard as soon as Monday, according to latest statements from French President Francois Hollande.
France Telecom Orange CEO Stephane Richard has been placed under investigation for his role in an arbitration case in 2008 that resulted in a €285 million ($380 million) payout to businessman Bernard Tapie, Reuters reported.
EE may be feeling lonely as the only LTE operator in the UK so far, but it looks set to get some company soon as Vodafone gives more details on its investments and rollout plans. Over in France, Bouygues Telecom has also outlined plans for its launch later this year. This all adds up to some much-needed momentum for LTE in Europe.
Bouygues Telecom said it will launch LTE services across France on Oct. 1, claiming it will be able to provide the high-speed mobile services in 100 cities by that date.
France Telecom wants to develop relationships with fixed providers such as cable operators across Europe in a bid to offer quad-play bundles of fixed, mobile and TV services in more of its markets, according to strategy chief Elie Girard.
France Telecom said it will adopt Orange as its company name starting July 1, in a move that will finally align the group's corporate and services branding. The move comes as Free Mobile launches its third assault on the French market.
The latest figures from French telecoms regulator Arcep provide a stark reminder of the pressures being faced by France's operators, which spent €2 billion more in 2012 than in 2011 but recorded a 3.3 per cent drop in revenue to €50.9 billion.
Vivendi has appointed its head of telecommunications, Jean-Yves Charlier, as the CEO of SFR in a move that strengthens the leadership of the French operator ahead of a possible initial public offering.