6/1/2009 11:27:00 AM
Weekend papers: Orange’s offer for T-mobile re-buffed
Orange’s offer for T-mobile re-buffed
Orange is understood to have made an offer for T-mobile’s UK business which was rejected by the operator’s parent company, Deutsch Telecom.
The Observer also alleged that Vodafone has suggested swapping its Turkish business for T-mobile UK – strengthening Deutsche Telecom’s eastern Mediterranean position, where it already runs Greek operator OTE.
Speculation that Deutsche Telecom planned to offload its ailing UK business began as the company valued its business at just £3.3bn.
The news comes as T-mobile gains new boss Richard Moat, who is expected to radically restructure the company in order to turn around the ailing business.
Vodafone rewards beleaguered staff following salary freeze
Vodafone is set to make a one-off bonus payment to staff after morale plummeted following the announcement that bonuses would be scrapped and salaries frozen.
Staff were sent an email last Thursday (28 May) that said they would be paid a bonus equating to 2% of their annual salary.
Vodafone’s chief executive, Guy Laurence, riled staff in March when he announced that salaries would be frozen and bonuses scrapped irrespective of performance.
Staff will receive payment of the bonus in June.
Networks to debate spectrum with Lord Carter this week.
UK networks will meet Lord Carter tomorrow (2 June) to hammer out a plan on Digital Britain.
The meeting follows Kip Meek’s recommendation on 13 May that Vodafone and O2 need not give up their 900MHz spectrum but they would be banned from buying any of the 800MHz band, which will be available in 2010 when analogue TV is switched off, unless they relinquish some of their current spectrum.
Orange, T-Mobile and 3 have indicated unhappiness with the proposal that Vodafone and O2 needn’t give up any of the 900MHz spectrum.