BT said it was in preliminary talks for two companies and identified only Telefónica-owned O2 as a target. Photograph: Martin Divisek/Bloomberg
Companies named as BT targets

BT Group plc is in talks to buy Telefónica SA’s O2 unit or another mobile phone company to expand its wireless offering in the UK and complement its b(...)

Mario Draghi said that the ECB must move quickly to increase inflation in the euro zone. Photograph: AP Photo/Michael Probst

European markets were lifted by the developments in Europe and China as the Dax in Frankfurt and the Cac40 in Paris were both up by nearly 3 per cent(...)

Orange said the deal would add to earnings per share and operating free cash flow by 2017, and would help it save €1.3 billion mostly through network efficiencies

France’s Orange has reached a deal to buy Spanish fixed line telecoms operator Jazztel in an effort to bolster its mobile operation in the country and(...)

‘There is no more money in Europe’: Orange chief executive Stephane Richard has told a telecommunications conference in Brussels that Europe will have to be willing to pay for new technologies. Photograph: Kiyoshi Ota/Bloomberg

Europe has become stifling for expansion and investment in the telecommunications industry, and new regulations cutting roaming charges will only make(...)

Lloyd Blankfein, chairman and CEO of The Goldman Sachs Group Inc; Jim Rogers, chairman of Duke Energy Corporation; and Denis O’Brien, chairman of Digicel Group, during a taping of CNN’s Fareed Zakaria CNN-GPS show at the annual Clinton Global Initiative during the week in New York City. Photograph: Ramin Talaie/Getty Images

Digicel, the Caribbean mobile phone network controlled by Denis O’Brien, is understood to be preparing an estimated €1 billion bid for the Dominican R(...)

France’s former finance minister Christine Lagarde and her then head of cabinet Stephane Richard in 2008. Photograph: Charles Platiau/Reuters

The magistrates who are investigating the €403 million settlement awarded to a friend of the former president Nicolas Sarkozy have concluded that the (...)

The chairman and chief executive officer of French telecommunications operator France Telecom-Orange, Stephane Richard.

Stéphane Richard, chief executive of France Telecom, was taken into custody yesterday for questioning over his role in an arbitration process that led(...)