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Vodafone rises to the top of Britain's benchmark FTSE 100 equity index, boosted by a media report that it has suspended plans to approach Kabel Deutschland Holding AG about a takeover bid. The stock is up 1.7 percent at 164.60 pence by 1010 GMT, outperforming a 0.3 percent gain on the FTSE
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Vodafone Group is said to have halted plans to approach German cable operator Kabel Deutschland about a takeover bid, according to Bloomberg. Vodafone was understood to be planning to put forth an offer after Kabel released its earnings results last week. However, talks were put on hold as leaks
Read moreFRANKFURT, Feb 27 (Reuters) - Vodafone Group Plc has suspended plans to approach Kabel Deutschland Holding AG about a takeover bid, Bloomberg cited three people familiar with the matter as saying. Vodafone had initially planned to contact Kabel Deutschland after the German cable company'
Read moreBARCELONA, Feb 28 (Reuters) - Telefonica Deutschland said fourth-quarter revenue growth from its wireless business slowed further due to lower income from text messages. Wireless revenues rose 3.6 percent, continuing their slowdown from growth of 5.6 percent in the third quarter and 8.6 pe
Read more* Europe falling behind U.S., Asia in fixed, mobile * Spectrum, broadband rules need more harmony-Kroes * Debate over a single telco regulator begins * CEOs intrigued by idea, fear political barriers By Leila Abboud and Kate Holton BARCELONA, Feb 26 (Reuters) - Europ
Read more* Europe falling behind U.S., Asia in fixed, mobile * Spectrum, broadband rules need more harmony-Kroes * Debate over a single telco regulator begins * CEOs intrigued by idea, fear political barriers By Leila Abboud and Kate Holton BARCELONA, Feb 26 (Reuters) - Europ
Read more* No bidders emerge for GSM spectrum * Single bidder emerges for CDMA auction * Prices may be cut "significantly"-analyst (Adds analyst comments, details) Feb 26 (Reuters) - Shares in Indian mobile network operators rallied on Tuesday with Bharti Airtel Ltd rising as much as 9
Read moreBARCELONA, Feb 25 (Reuters) - Verizon Wireless expects to sign its first international roaming agreement later this year for customers of its fastest wireless service who travel overseas, according to a top executive for the No. 1 U.S. mobile provider. While Verizon Wireless has 200 partner
Read moreBy Kate Holton BARCELONA, Feb 25 (Reuters) - British mobile operator Vodafone said it did not need to sell part of its stake in its highly profitable Verizon Wireless joint venture in the United States to bolster its business in Europe. Chief executive Vittorio Colao told reporters on
Read moreBARCELONA, Feb 25 (Reuters) - Vodafone says that it does not need to sell part of its stake in the highly profitable Verizon Wireless joint venture in the United States to bolster its position in Europe. Speaking to reporters at the Mobile World Congress in Barcelona, Vodafone Chief Executi
Read moreNEW YORK, Feb 25 (Reuters) - General Motors Co has chosen AT&T Inc to provide high-speed wireless service for its 2015 car models, dropping its long-term provider Verizon Wireless. OnStar - best known for connecting drivers to live operators who provide directions or summon emergency help a
Read moreThe US government and Gulf Coast states are reportedly considering offering BP a deal under which the company will pay 16bn dollars to settle civil suits stemming from the 2010 Deepwater Horizon disaster. The deal would cover the company's potential penalties under the Clean Water Act and payments u
Read moreFTSE 100-listed telecommunications giant Vodafone has been selected by ThyssenKrupp to provide mobile communications services in Germany and 29 other countries across Europe, Latin America and the Asia-Pacific region. Under the terms of the agreement, Vodafone will provide the steel maker with 60,0
Read more* Michel Combes to become CEO on April 1 * Previously head of Vodafone Europe, CFO France Tel * Canada's Jean Monty named vice-chairman of board * Alcatel unable to deliver profit, cash since 2006 merger * Shares up 2.9 percent By Leila Abboud PARIS, Feb 22 (Re
Read morePARIS, Feb 22 (Reuters) - Telecom equipment maker Alcatel-Lucent said on Friday it had appointed former Vodafone executive Michel Combes as its new chief executive, effective April 1. Combes, 51, replaces Alcatel CEO Ben Verwaayen, who announced earlier this month that he was leaving after
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