European Communications

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Telecom Italia scraps dividend as it reports loss of €674 million in 2013

Telecom Italia made a loss of €674 million last year as the operator scrapped a dividend for ordinary shares for the first time in its history.

Operators in Europe to see a “wave of M&A”

The European telecoms industry is on track to witness a wave of merger and acquisitions, according to a new report.
 

Ukraine and Canada writedowns see VimpelCom make €1 billion loss

VimpelCom has announced it made a net loss of €1 billion in 2013 after significant writedowns on its operations in Ukraine and Canada.

Bouygues takes on Altice with €10.5 billion offer for SFR

Bouygues has offered €10.5 billion in cash for rival French mobile operator SFR.

Finland's DNA announces Deezer partnership

Finland-based DNA is the latest operator to strike a partnership deal with OTT music streaming service Deezer.

Deutsche Telekom boosts revenues after witnessing growth in US

Deutsche Telekom saw revenues grow 3.4 percent year-on-year in 2013 to €60.1 billion thanks to impressive growth in the US.

Orange hails its “outstanding ability” to cut costs as revenues continue to fall

Orange congratulated itself for the cost-cutting measures it implemented last year as it revealed full-year 2013 revenues fell by 4.5 percent.

JT launches managed M2M service for usage-based motor insurance

Channel Islands operator JT has launched an M2M device aimed at the motor insurance market that monitors vehicle data and records driver behaviour.

Tele2 Norway on the block as Tele2 Sweden signs up NSN for customer experience

Tele2 has revealed it is mulling a sale of its Norwegian division, while its Swedish subsidiary has signed up NSN to improve customer experience.

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