E-Plus

Telefónica to sell yourfone to Drillisch

The process of consolidation following the acquisition of E-Plus by Telefónica has begun with the announcement of a non-binding “Letter of Intent” between Telefónica Germany and German MVNO Drillisch for the latter to buy yourphone, which is currently a sub-brand of E-Plus.

Telefonica gets green light for E-Plus buy

European carrier Telefónica has cleared the final regulatory hurdle ahead of its acquisition of E-Plus from Dutch operator group KPN. The European Commission has confirmed that the previously announced agreement with Drillisch complies with the agreed upfront conditions.

Telefónica acquisition of E-Plus gets conditional all-clear

The European Commission has announced the conditional approval of Telefónica’s bid to acquire German operator E-Plus, almost a year after the deal was first announced, which will result in the merger of Germany’s third and fourth-largest operators and reduce the total number of operators in the country to three.

Telefonica Germany opens network up to competition

In a bid to stave off antitrust concerns over its acquisition of E-Plus, Telefonica’s German operation on Wednesday announced plans to open its network up to a local MVNO and IT services firm.

E-Plus hands over network management to ZTE

German operator E-Plus, which is in the process of being acquired by Telefónica, has completed the transition of its network management to Chinese firm ZTE.

E-Plus calls on NSN for security

German mobile operator E-Plus, in the process of being acquired by operator group Telefónica, has implemented a 3GPP-compliant security solution to deliver a safer mobile broadband experience for its subscribers.

Telefónica confirms talks to offload Czech operation

Spain’s Telefónica has confirmed that it is in discussions with Czech investment group PPF surrounding the sale of its Czech operation O2. In a stock market announcement following speculation in the financial press, Telefónica said that it is “exploring strategic options in relation to its stake in Telefónica Czech Republic, including conversations with investor group PPF, with nothing certain whether an agreement will be reached, or final terms and conditions.”

KPN shareholders approve E-Plus sale

Shareholders in Dutch operator group KPN have approved the sale of German subsidiary E-Plus to Telefónica Deutschland at an extraordinary general meeting.

KPN to incur €3.7bn loss as a result of E-Plus sale

Dutch operator group KPN has announced it is expecting to make a loss of €3.7bn that it can deduct against taxes as a result of the sale of its German subsidiary E-Plus to Telefonica Deutschland.

KPN shareholders to decide E-Plus fate

Dutch operator group KPN is holding an extraordinary general meeting for its shareholders to decide the fate of its German business unit E-Plus. In July, Telefónica Deutschland made a bid to acquire the unit for €5bn; a bid that was approved by KPN’s board.

America Movil eyes full control of KPN

Latin American operator group America Movil has made an offer to acquire the outstanding shares in Dutch operator group KPN. The Mexico-based firm already owns a 29.8 per cent stake in the operator but is looking to own it outright, or at least secure a majority share, as it steps up its efforts to expand further into Europe.

América Móvil free to raise stake in KPN

Mexico based operator group América Móvil could increase its stake in European operator group KPN after ending a truce to cap its stake in the Dutch based firm.

Telefónica to pay €5bn for KPN’s E-Plus in Germany

Dutch incumbent KPN has confirmed that it is to sell its German mobile operation, E-Plus, to Spain’s Telefónica, which operates as O2 in the German market. Telefónica will pay €5bn in cash to KPN, which will also hold a 17.6 per cent stake in Telefónica Deutschland once the deal, subject to regulatory approval, has been completed.

E-Plus, China Mobile in German TD-LTE trial

German mobile operator E-Plus is to undertake a trial of TD-LTE technology, supported by the world’s largest mobile operator, China Mobile. Chinese vendor ZTE will supply the infrastructure for the trial, which will use 2.6GHz spectrum acquired by E-Plus in spectrum auctions that concluded in May 2010.

Vistream upgrades German network

German mobile virtual network operator (MVNO) Vistream said Friday it has tapped Chinese kit vendor ZTE to build it a GSM and UMTS core network to resell services over.

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