Telecom
Orange, Bouygues Telecom and Free submit joint offer for SFR
French telecom operators Orange, Bouygues Telecom, and Free have submitted a joint non-binding offer to acquire a large part of Altice France's telecom activities, SFR's parent company, for 17 billion euros. This move represents a first step in the long-awaited consolidation of France's telecom sector. The decision now rests with Patrick Drahi, Altice's leader.
AT&T sues ad watchdog over T-Mobile campaign rulings
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AT&T has filed a lawsuit against the National Advertising Division, the advertising industry's self-regulatory body, after it demanded the carrier stop using NAD rulings in promotional materials against T-Mobile. The suit challenges the watchdog's cease-and-desist order, claiming it violates free speech and misapplies its own rules. This dispute arises amid a history of misleading ads from both telecom giants.
FCC to rescind telecom security ruling amid industry pushback
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The Federal Communications Commission plans to vote in November to repeal a January 2025 ruling that required internet service providers to secure their networks against unlawful access. Chairman Brendan Carr argues the measure exceeded the agency's authority and favors voluntary commitments from carriers instead. The decision follows lobbying from major telecom groups responding to cybersecurity threats like the Salt Typhoon attacks.
Digital banks test telecom moves to boost customer loyalty
Neobanks are venturing into telecommunications by considering their own mobile networks. This strategy aims to keep restless customers engaged within merged financial and mobile ecosystems. The trend could define the industry by 2026.