News

The strongest-ever quarterly earnings from the UK’s largest mobile phone group, Everything Everywhere, today boosted the chances of its £10 billion flotation on the London stock market taking place by the end of this year.

European telecoms firms raided in antitrust investigation

EU watchdog launches inquiry after complaint from US-based competitor

Christine Lagarde accused over Bernard Tapie ‘fraud’

France Telecom’s CEO has said the IMF chief, Christine Lagarde, was fully briefed before approving a “fraudulent” arbitration process that saw the tycoon Bernard Tapie awarded a huge payout in 2008.

EE snaps up 500,000 customers as it ups the pressure on its 4G rivals

The mobile giant EE has signed up 500,000 customers for its super-fast 4G service in seven months, raising the pressure on rivals including Vodafone, which has pushed back its 4G launch until late summer.

EE says it is on track for a million 4G customers this year

"4G is going to replace bad broadband," declared Olaf Swantee, the chief executive of the mobile giant EE, as he claimed that the signal from his new super-fast 4G phone network is so strong that customers are not bothering with wi-fi – even in the home.

EE failing to cash in on 4G head start, says City

Britain’s biggest mobile phone company today disappointed the City after it reported a slowdown in revenue growth — despite being the first UK carrier to launch a super-fast 4G mobile internet service last October.

Vodafone pays its chief executive an eye-watering £14m for hitting targets

Vodafone's chief executive, Vittorio Colao, will pull in a pay package totalling £14m for 2012, inevitably risking fresh criticisms over executive pay.

Moat departs from Everything

Richard Moat, the telecoms executive who won praise for turning around T-Mobile UK before its merger with Orange UK, has quit the Everything Everywhere venture that was formed by the combination of the two businesses.

Orange offers free films in Apple tie-up

Orange, the mobile phone operator which has offered deals on cinema tickets for the past eight years, has secured a partnership with Apple to offer customers the chance to rent movies online for free.

Tom Alexander quits mobile phone giant

Tom Alexander, the head of the largest mobile phone group in the UK, shocked the market yesterday as he resigned without warning to spend more time with his family.

Everything Everywhere to launch 30 stores

Everything Everywhere, the parent company of Orange and T-Mobile, is set to expand its presence on the UK high street with plans to launch 30 new stores this year.

Fingerprint lock for mobile phones

A smartphone that requires the owner's fingerprint to be scanned before it will allow anyone to access the web, play games or even make a call is launched today.

France Telecom worker sets himself on fire

Some 300 people gathered in Bordeaux yesterday to mark the suicide of a 57-year-old employee of France Telecom-Orange. The man, named only as Rémi L, set himself on fire early on Tuesday morning in the car park of the company's Bordeaux office, becoming the latest company employee to kill himself.

Orange to bring mobile phone 'wave and pay' system to UK

Orange is set to become the first operator in the UK to allow customers to pay for goods with a swipe of their mobile phone, after signing a strategic deal with Barclays.

Market Report: AstraZeneca hit on talk of R&D policy risks

AstraZeneca took a tumble yesterday after analysts forecast black clouds ahead for Britain's second-largest drug maker after it posted disappointing third-quarter numbers.

T-Mobile and Orange cut jobs

Everything Everywhere (EE) is to axe 1,200 jobs, in the first major restructuring since the venture was created through the merger of Orange and T-Mobile's UK units. The company is to cut 7.5 per cent of its 16,000-strong workforce to remove duplication following the deal, completed in July.

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