Telecom Italia SpA, the country’s largest phone company, is teaming with Rupert Murdoch’s Sky Italia SpA for an Internet-television service to attract broadband subscriptions, giving consumers an alternative to satellite TV.
Cable billionaire John Malone, mounting a challenge against Vodafone Group Plc, would consider acquiring wireless customers and stores in Germany that may be put up for sale pending a review of a merger of the country’s third- and fourth-biggest network operators.
Vodafone Group Plc, the world’s second-largest wireless carrier, agreed to buy Spanish cable operator Grupo Corporativo Ono SA in a 7.2 billion-euro ($10 billion) transaction to boost TV and broadband offerings.
Vodafone Group Plc plans to use Kabel Deutschland Holding AG, the cable company it bought last year for more than $10 billion, as the “core” of its fixed- line business in Germany and potentially other countries, Chief Executive Officer Vittorio Colao said.
SoftBank Corp. President Masayoshi Son is reframing his argument for consolidation in the U.S. mobile-phone market, heading to Washington this week to advocate for wireless broadband as an alternative to cable.
The dark horse in a three- billionaire race to win France’s second-biggest phone company amassed his fortune largely away from the public eye, his photo appearing in a newspaper for the first time only in 2009. Patrick Drahi will have to get used to a lot more attention.