Everything Everywhere, the U.K. mobile-phone venture of France Telecom SA and Deutsche Telekom AG, may get a takeover bid from former chief Tom Alexander, who is trying to arrange financing for the effort, people familiar with the matter said.
With Cable & Wireless Worldwide Plc languishing as the world’s cheapest telecommunications carrier, Vodafone Group Plc and private equity firms may not be able to resist making offers for the British fiber-network operator.
Vodafone Group Plc is left as the only potential bidder for Cable & Wireless Worldwide Plc after Tata Communications Ltd. failed to agree on a price and decided against making an offer for the U.K. network operator.
Hutchison Whampoa Ltd., billionaire Li Ka-shing’s biggest company, is nearing a deal to acquire Orange Austria, the mobile-phone operator owned by France Telecom SA and buyout firm Mid-Europa Partners, according to people with knowledge of the matter.
Ziggo NV, the Dutch cable company owned by Warburg Pincus LLC and Cinven Ltd., gained as much as 19 percent on the first day of trading after its initial public offering raised 804 million euros ($1.1 billion) with shares sold at the top end of its price range.
Deutsche Telekom AG, Germany’s largest telephone company, is evaluating options for an exit from the U.K. as it seeks to raise cash after failing to sell its T-Mobile USA unit, people with knowledge of the matter said.