RSS feedtelecoms
’Euro *non*-redenomination risk
Amazing what you find in analyst reports on German telecom credit these days (via Societe Generale’s Juliano H Torii):
…we think investors might be waking up to the possibility of the mirror image of redenomination risk – what we will call “no-redenomination” risk (NORED) – a risk that may be severely underestimated for the German companies in our space.
The healthcare party is over – now comes the (accounting) hangover
It was a long fight but on Tuesday President Obama signed the historic healthcare reform legislation into law promising coverage for 32m more Americans at the modest price of $950bn over 10 years, the FT’s US Business Correspondent Jeremy Lemer writes.
Is MetroPCS the real Deutsche Telekom target?
The whiff of M&A in the US mobile market returned on Monday.
In fact it was more than a whiff: usually knowledgeable sources are convinced that Deutsche Telekom is in full-throated discussions to combine its T-Mobile business in America with its smaller,
Sprint forms $5bn Ericsson network deal
Sprint Nextel, the struggling US mobile network operator, is to outsource the management and day-to-day running of its two nationwide networks to Sweden’s Ericsson in a seven-year deal worth between $4.5bn and $5bn,
Steep fall in number of new mobile subscribers
The number of net new mobile phone subscribers in the world fell sharply in the fourth quarter of 2008 and the growth of mobile data revenues stalled for the first time, providing further evidence of the impact of the global economic downturn on the mobile telecoms sector,