Ofcom'sfirst research into mobile broadband performance since the 4G auction in 2013shows 4G delivers much higher speeds than 3G– but there areconsiderable differencesin performance between operators.
Telefónica's net income and revenues have fallen in the first nine months as the Spanish operator continues its strategy of acquisition and sell-offs to focus on key European and Latin American markets.
Deutsche Telekom announced Nov. 11 the setting up of what it claims is one of the Europe's largest investments funds, with an eye on investing in German start-ups. But the operator's launch of a new VC arm coincides with questions over its own shareholding structure. The German government, which holds a 31.7 per cent stake in Deutsche Telekom--14.3 per cent of which is held direct and 17.4 per cent of which is held indirectly via the state bank KfW-- is weighing up a sell off of its Deutsche Telekom shares, according to Reuters.
Isabel dos Santos, the daughter of Angola's president, has launched a takeover bid for Portugal Telecom SGPS.The move follows a 7 billion euros offer made on November2ndby French cable and telecoms group, Altice, to purchase thePortuguese assets of Oi, Brazil's largest landline carrier which also controls PT's operations in Portugal.
Market consolidation is a popular concept with European mobile network operators (MNOs), but recent experience in countries that are members of the Operation for Economic Cooperation and Development (OECD) suggests it may not serve consumers' best interests--even when there remains a choice of three network providers.