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By Clare Kane MADRID, June 18 (Reuters) - Mobile telecoms companies Vodafone and Orange have cut mobile tariffs in Spain as data revealed all four of the country's operators lost thousands of clients in April in an increasingly cut-throat environment. Orange said it had overhauled its
Read moreShares in Kabel Deutschland rise 3.9 percent after the German cable operator says Liberty Global made a takeover offer for the group, raising the possibility of a bidding contest with Vodafone, which last week said it had made a bid for the company. "Due to the financial power of the potent
Read more* SoftBank, Dish seek to buy Sprint * Sprint, Dish seek control of Clearwire * Lawsuit filed in Delaware Chancery Court By Jonathan Stempel and Sruthi Ramakrishnan June 17 (Reuters) - Sprint Nextel Corp on Monday said it has sued Dish Network Corp to block its tender offer
Read moreJune 17 (Reuters) - Kabel Deutschland - Germany's biggest cable operator - confirmed on Monday that they have received a preliminary approach from U.S. media group Liberty Global Plc after a British newspaper reported that the company had put forward a 7.5-billion-euro bid for the company.
Read moreJune 17 (Reuters) - U.S. media group Liberty Global has put forward a 7.5 billion euro ($10.01 billion) bid for Germany's biggest cable operator Kabel Deutschland , setting the stage for a potential bidding war with Britain's Vodafone Group Plc, the Financial Times reported on Monday, citing peo
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Markets started the new week on a positive note, though gains were trimmed by the close on Monday as traders refrained from taking too much risk ahead of the all-important policy decision from the Federal Reserve later this week. Global markets have been extremely choppy over the last month since F
Read moreStrong gains for Vodafone were lifting the mobile telecommunications category higher on Monday afternoon as news of M&A activity across the sector boosted share prices. Shares in the Eurozone's largest telecoms group, Telefonica, rose in Madrid today after it was rumoured that US titan AT&T made an
Read moreGuernsey-incorporated investment vehicle Resolution topped the FTSE 100 Monday after JP Morgan increased its target price from 273p to 302p and maintained a 'neutral' rating. Vodafone Group was dragged higher by a bounce in the wider Telecommunications sector despite reports in The Sunday Times acc
Read moreJune 17 (Reuters) - Verizon Communications Inc is looking to enter Canada's cellular telephone business, potentially fulfilling the government's hopes of having a fourth major wireless company, the Globe and Mail reported on Monday. Verizon could look at taking over a smaller player in Can
Read moreThe FTSE 100 was performing strongly on Monday morning as bargain hunters moved in to pick up stocks following the index's recent slump. Global markets have been extremely choppy over the last month since Federal Reserve Chairman Ben Bernanke suggested that the bank could begin 'taper' its quantita
Read moreTelecoms are the best-performing European equity sector on Monday, as traders latch onto signs of bid interest in Spain's Telefonica to snap up other telecom stocks which could benefit from any sector consolidation. Telefonica says it has not received any indication of interest from AT&T a
Read moreSTOCKHOLM, June 16 (Reuters) - Nordic telecom operator TeliaSonera has picked Johan Dennelind, the current chief executive of Vodacom International, as its new CEO, a source with knowledge of the recruitment process said on Sunday. "Johan Dennelind will be the new CEO," the source said.
Read moreForeign-owned bank branches - as opposed to subsidiaries - in Britain made the country's financial crisis worse, as they moved to shrink their loan books by almost half at the height of the credit crunch, according to Bank of England research, The FT Weekend reports. The other factors which explain
Read moreBy Tosin Sulaiman JOHANNESBURG, June 14 (Reuters) - Shares of South Africa's Telkom SA rose on Friday as investors bet the fixed-line operator may be on the path toward recovery after a 73 percent drop in full-year profit. Telkom has written down the value of its network by 12 billion
Read more* Offer could come as early as next week - source * Indicative offer was 81 euros/shr - sources * Kabel Deutschland rise to record 83.91 euros * Vodafone declines to comment FRANKFURT, June 14 (Reuters) - British mobile firm Vodafone is considering raising its offer for K
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