Equity companies enter Portugal Telecom race; EU competition chief maintains Google scrutiny

> Private equity companies Apax Partners and Bain Capital Partners are challenging Altice with a €7.07 billion ($8.8 billion) counter-offer for Brazilian operator Oi's Portuguese assets. Report

> VimpelCom's share price dropped after the company revealed EBITDA dropped 11 per cent year-on-year to $2.21 billion (€1.7 billion) in the third quarter. Article

> The EU's new competition commissioner, Margrethe Vestager, said she will take time to consider the next steps in a probe of Google's business practices in Europe. Report

> Monetise, a mobile money specialist, designed iOS and Android apps for a mobile service being launched by Ziraat Bank, one of the largest banks in Turkey. Release

> UK ISP TalkTalk said it had signed up 348,000 subscribers to its mobile service by end-September, as part of a quad-play push. Release

And finally…Your smartphone can help you get around and organise your life. Now, NEC says it can also be used to spot fake luxury goods. Article