Telefónica has sold a 40 percent stake in its Telxius arm to private equity firm KKR for €1.275 billion.
Liberty Global boss Mike Fries hailed the performance of the company’s European opcos as they sold just shy of one million new services last year.
Nokia is set to acquire Comptel for €347 million as it bids to boost its software offering.
Swisscom met its 2016 financial targets as the performance of its Fastweb business shone.
Three UK has acquired UK Broadband Ltd for £250 million as it adds a home broadband service and new spectrum to its mobile-only offering.
Denmark’s TDC has divested its hosting business as it seeks to reduce its debt in the wake of a decline in 2016 revenues and earnings.
Telecom Italia (TIM) will invest €11 billion over the next three years on premium digital services and improving its networks as part of a new three-year plan.
BT’s ‘Italian Scandal’ has it all – high-profile sackings, a worse than expected writedown, a share price at a four-year low, a plethora of lawsuits and a criminal investigation.
Telenor made a profit in the fourth quarter of 2016 as the Norway-based operator looked to put a troubled year behind it.
The reason for Vodafone’s decision to enter into merger talks in India were laid bare as the UK-based operator unveiled its latest financials.
Nokia’s Chief Executive said he was “disappointed” in his company’s sales performance last year as he revealed the latest financial report.
Telia has merged its Lithuanian operations into a single company and increased its presence in the smart city space with the acquisition of Fält Communications (Fältcom).
KPN saw revenues slip 2.9 percent year-on-year in 2016 to €6.8 billion last year as its enterprise arm continued its inexorable decline.
TalkTalk CEO Dido Harding is to step down later this year as the company reported a drop in revenue in its latest trading update.
Telekom Austria Group CEO Alejandro Plater described 2016 as a “very tough year” as the operator reported falling sales and earnings.
Vodafone has put a planned IPO of its business in India on hold after confirming that it is in talks with the Aditya Birla Group about a possible merger of the two companies’ operations.
Telia CEO Johan Dennelind has revealed he is looking for M&A opportunities in the Nordics & Baltics and that he expects to sell off the operator’s assets in Eurasia during 2017.
BT Chief Executive Gavin Patterson lamented the scandal at its opco in Italy for overshadowing the performance of the rest of the group, as he unveiled its latest financial figures.
Tele2 recorded a big loss for the 2016 financial year, but its CEO said the future looked promising with sales and customer numbers on an upward curve.
eir reported rising customer numbers in its latest financial results as it continues a cost-cutting programme and prepares to invest in new technologies.
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