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Telefonica becomes Germany's biggest mobile operator as E-Plus deal closes

2014-10-01 02:00:00| Total Telecom industry news

Spanish incumbent holds 62.1% of new German mobile operator.

Tags: mobile deal biggest operator

 

Telefonica hires agency chief as head of advertising

2014-09-26 02:00:00| Total Telecom industry news

Daniel Rosen tasked with growing operator's ad business in Europe, Latin America.

Tags: head advertising chief agency

 
 

Telefonica Deutschland raises EUR 3.6 bln in share issue

2014-09-24 15:05:00| Telecompaper Headlines

(Telecompaper) Telefonica Deutschland has raised EUR 3.6 billion in its rights issue to help finance the takeover of rival E-Plus. Shareholders subscribed for 99.92 percent of the shares on offer, and majority shareholder Telefonica exercised all its rights to maintain its stake in the German subsidiary. Each share held entitled shareholders to one new share at the discounted price of EUR 3.24. The bookrunners were sell on the market the remaining shares not subscribed in the rights issue. The issue of 1.12 billion new shares doubles Telefonica Deutschland's outstanding capital, and another 740.7 million new shares will be issued to KPN as partial payment for E-Plus.

Tags: share issue eur deutschland

 

Telefonica eyes Televisa tie-up

2014-09-24 02:00:00| Total Telecom industry news

Spanish incumbent to reportedly decide whether to pursue Iusacell deal before starting talks with Televisa.

Tags: eyes telefonica televisa tieup

 

Telefonica, Huawei testing 1 Gbps fibre service - report

2014-09-22 09:12:00| Telecompaper Headlines

(Telecompaper) Telefonica and Huawei have carried out initial trials on the operator's Spanish network with a view to offering a 1 Gbps download and upload fibre service by 2015, reports business daily Expansion. When launched, the symmetric 1 Gbps service would be ten times faster than the 100 Mbps download service that Telefonica currently offers under its Movistar brand. Upload speeds, meanwhile, would be one hundred times the highest possible theoretical speed available under Movistar's best current offer. According to the report, Telefonica is employing Huawei's Next-Generation PON Evolution (NGPON) technology in the trials, which would allow the operator to offer even faster speeds in the future. In a bid to put pressure on its rivals, especially Vodafone and Orange, Telefonica has already confirmed plans to increase the speed of its FTTH service to 200 Mbps download and upload in the next few weeks. The symmetric 200 Mbps service will replace the current 100 Mbps download/10 Mbps upload service and will be rolled out progressively in urban areas. The only other Spanish operator currently offering a symmetric 200 Mbps service is Jazztel, which is the subject of a EUR 3.4 billion takeover bid by Orange.

Tags: service report testing fibre

 

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