Orange & T-mobile get approvals to merge. UK’s largest Mobile Operator is now in the making.

On 11.12.09, In Mobile, By Editor

The proposed merger between Orange and T-Mobile gets all the nods from competition authorities and government bodies in UK and Europe. This signals the creation of UKs largest mobile operator with 30 million users and a market share of around 37 percent.

Timotheus Höttges, the CFO of Deutsche Telekom said- “The negotiations were conducted in a fair way and I am certain that this spirit of professionalism and partnership will shape the future of our joint venture. It will set new standards as number one in UK mobile market.”

Of late, T-mobile has faired well but Orange has been fairing below expectations with its fixed broadband customer base dwindling to below the 1 million mark.

Most analysts believe that the merger will allow the companies to better leverage their synergies and develop competitive synergies in high growth sectors such as mobile broadband and roll out innovative services.

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US Mobile Market consolidation not necessary- Deutsche Telekom CFO

On 10.14.09, In Mobile, By Editor

Deutsche Telekom CFO, Timotheus Hoettges told Bloomberg News that he sees no need for further consolidation of the U.S. mobile-phone market.

He mentioned that there are four national players in the U.S. market for 300 million households, whereas in Europe, there are 350 million households with close to 70 operators.

Deutsche Telekom’s current focus in the U.S. is on expanding its 3G network.  It is investing $3.5 billion euros in the network in 2009. He said that the mobile data market in the US is booming and they must participate in that now.

On the Issue of 4G networks, there is a possibility that T-mobile could provide funding in exchange for access to ClearWire’s 4G network. Verizon and AT&T are already buliding independent 4G networks.

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David Moffatt is leaving Telstra

On 10.02.09, In Mobile, By admin
Telstra’s Group MD-Consumer Marketing, David Moffatt is to leave the company. Telstra claims he will remain in his position for six months or until a successor is found.
Moffatt started at Telstra as CFO and Group MD for Finance and Admin in 2001 and later became Group MD – Consumer Mktg in 2003.
He moved to his current position in October 2003, taking responsibility for Telstra’s mobile and fixed-line communications, broadband and entertainment services, and managing the Telstra Shop chain.
Moffatt was responsible for bringing GE Capital, into Australia and New Zealand as CEO. He later became CEO of GE’s Australian and New Zealand business.

Telstra’s Group MD-Consumer Marketing, David Moffatt is to leave the company. Telstra claims he will remain in his position for six months or until a successor is found.

Moffatt started at Telstra as CFO and Group MD for Finance and Admin in 2001 and later became Group MD – Consumer Mktg in 2003.

He moved to his current position in October 2003, taking responsibility for Telstra’s mobile and fixed-line communications, broadband and entertainment services, and managing the Telstra Shop chain.

Moffatt was responsible for bringing GE Capital, into Australia and New Zealand as CEO. He later became CEO of GE’s Australian and New Zealand business.

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Belgacom launches bid for Vox Mobile

On 04.12.07, In Mobile, By Editor

Telegeography writes…Belgacom has launched a binding offer for mobile network operator Vox Mobile, financial daily De Tijd reports, citing an unnamed source. According to the newspaper, two other companies have also expressed an interest in acquiring the cellco. Vox Mobile, the smallest of the Duchy’s three operators, is currently owned by private equity groups Audiolux and BIP Investment, which each have a 37.5% stake.

   

 

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