Bertrand Badre, managing director and chief financial officer of the World Bank, and Representative Carolyn Maloney, New York Democrat, dined last night at the French-American Cultural Foundation’s 15th anniversary gala.
Vodafone Group Plc, the second- largest wireless company, will plow billions into improving its network speed and coverage as it works to reverse service-sales declines that trailed analysts’ estimates.
Sullivan & Cromwell LLP and Bryan Cave LLP advised AT&T Inc. in an agreement to sell or lease 9,700 wireless towers to Crown Castle International Corp. for $4.85 billion, giving it extra cash as it considers a European expansion.
AT&T Inc. sees new wireless technology in Europe stimulating a slumping industry with billions of dollars in network upgrades and blazing-fast mobile service, with a caveat: Some rules need to be changed.
John Malone and Carlos Slim’s plans to expand their empires on the cheap in Europe’s beleaguered telecommunications market have been thwarted so far as companies in the region begin commanding higher prices.
Carriers in Europe are mad. Executives from the region's biggest companies, such as Orange, Deutsche Telekom and Vodafone, spent yesterday in Brussels railing against new rules that would eliminate roaming charges between the continent's countries.
AT&T Inc., which is considering an expansion across the Atlantic, faces the same realities that undermined European deals a decade ago: Doing business in the region is costly, complicated and highly regulated.