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Friday, May 21, 2010

Financial Times

GERMAN RADIO SPECTRUM SALE RAISES EUR4.4 BILLION
In its most extensive auction of radio spectrum ever, Germany raised EUR4.4 billion. The three major winners in the auction—Deutsche Telekom, Vodafone and Telef√≥nica—grabbed the most attractive frequencies which will help the mobile giants reduce the cost of bringing high-speed networks to rural areas in Germany, writes FT.
 
VODAFONE IN TALKS TO SELL EGYPT MOBILE STAKE
FT reports that Vodafone has entered into discussions regarding a sale of its 55-percent stake in Vodafone Egypt, possibly to Telecom Egypt, the state-owned operator.
 
AT&T AND VERIZON AWAIT FCC DECISION
The FCC could decide to exclude AT&T and Verizon from its multi-billion dollar so-called “D Block” spectrum auction, which is being planned to be held in the next year. In a recent review of the state of the US wireless industry, the FCC failed for the first time since 2002 to conclude that the industry is “effectively competitive”. Some are interpreting the result of the government body’s review as a signal that the FCC might not allow Verizon and AT&T to bid in the upcoming auction, in an attempt to contain ownership concentration.

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