MuniWireless

Last week, three European incumbents - Orange, British Telecom and Telefonica - released their mid-year results, delivering some news to reassure investors already reeling from the economic downturn.  The numbers show that the telecom market is moving at its usual steady pace, as if nothing adverse were happening in the financial markets. In addition to releasing quarterly results, the carriers made interesting remarks on the dynamic of the European telecom market. Europe is a market which started its transition from…

The European Commission has imposed a fine of 151 million Euros on Spanish incumbent telco, Telefonica, for abuse of its dominant position in the Spanish broadband market. The fine is the second highest ever levied by the Commission (the highest is 497 million EUR against Microsoft). The European Commission has imposed a fine of 151 million Euros on Spanish incumbent telco, Telefonica, for abuse of its dominant position in the Spanish broadband market. The fine is the second highest ever…