Dutch operator KPN predicted its financial performance will stablise towards the end of 2014, after its second quarter earnings exceeded analyst estimates thanks to customer gains and cost cuts.
Nokia Networks claimed a world first in the ongoing development of LTE Broadcast technology, after conducting a field trial of wide-area TV broadcasting using a single LTE frequency within UHF spectrum in Munich.
KPN appointed the former Dutch Minister of Finance, Jan Kees de Jager, as its new CFO starting Nov. 1, replacing Steven van Schilfgaarde who has been interim CFO since last September.
Irish pay TV broadcaster Setanta could become the third company to set up a mobile virtual network operator (MVNO) on the "new" 3 Ireland network after reports emerged this week that the company is in talks with the Hutchison Whampoa-owned operator.
Sprint MVNO FreedomPop is expanding its business internationally, and has inked a deal to ride on the network of KPN's Belgian subsidiary BASE as part of a wider strategy to move into Europe and other markets. FreedomPop plans to expand to the UK, Germany, France, Spain and the Pacific Rim by brokering deals with additional carrier partners in the future.
Telefónica Deutschland's plan to buy E-Plus from KPN is set to benefit mobile virtual network operators throughout Europe, analysts say.
Telefónica Deutschland succeeded in convincing European Commission (EC) regulators that a planned €8.6 billion ($11.7 billion) acquisition of KPN's German mobile business E-Plus will not harm competition in the country.
Telefónica Deutschland said it has agreed to provide network capacity to German mobile virtual network operator (MVNO) Drillisch to help smooth the regulatory path of Telefónica's proposed € 8.6 billion ($11.7 billion) merger with KPN-owned E-Plus.
Europe's national regulatory watchdogs are up in arms over the proposed merger of Telefónica Deutschland and KPN's E-Plus in Germany, according to a report by the Financial Times. At a recent meeting to review the merger, only two of 12 national authorities that were present voted in favour of the European Commission's planned competition remedies, according to the FT, which cited two officials involved.
Telefónica could pay more than €1 billion ($1.35 billion) for Spanish pay-TV operator Distribuidora de Television Digital (DTS) if deals with two existing shareholders go ahead, as the Spanish incumbent seeks to shore up its domestic business.