Europe has become stifling for expansion and investment in the telecommunications industry, and new regulations cutting roaming charges will only make things worse, according to executives from the region’s giants such as Orange SA, Vodafone Group Plc and Deutsche Telekom AG.
Vodafone Group Plc is merging its northern and southern Europe units -- reversing a split of the continental business a year ago -- to make the mobile-phone company’s focus on cable and Internet services more efficient.
Vodafone Group Plc agreed to buy Kabel Deutschland Holding AG after increasing its bid for Germany’s largest cable company to 7.7 billion euros ($10.1 billion) in the second-biggest takeover of a telecommunications network in Europe this year.
T-Mobile USA Inc., the fourth- largest U.S. wireless carrier, named John Legere as chief executive officer, turning to a phone-industry veteran to reinvigorate growth and challenge Verizon Wireless and AT&T Inc.
T-Mobile USA has suffered a continuing exodus of subscribers in the past year as it slashed handset subsidies to boost profitability. Now, moves by Verizon Wireless and AT&T Ltd. to do the same are giving the Deutsche Telekom AG unit reprieve.