Mobile Minute:
Flush with cash after selling its stake in Verizon Wireless, Vodafone is investing in broadband in Southern Europe. The carrier will spend $96.5 million to boost its stake in Hellas Online to 91%, and plans to eventually buy the rest of the Greek company.
This purchase gives Vodafone an additional 72.7% of Hellas Online; the British carrier already had an 18.5% stake.
Other top stories for today:
Following moves from Sprint and AT&T Mobility, T-Mobile is offering more data for less money, for the second time in a week. … Read More
During the first half of the year, more than half of Sprint’s subscriber losses on the consumer side were offset by gains on the wholesale side. … Read More
Even as some companies combine through mergers and acquisitions, others are becoming pure-play wireless-focused test companies. … Read More
European carriers seem to be emphasizing the “Long” in Long Term Evolution. … Read More
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