All entries in the Telecommunications sector, newest first. tag:eurotrack.ai,2026:en:en/sectors/telecommunications 2026-10-31T06:00:00Z Eurotrack tag:eurotrack.ai,2026:f0adfa06:en 2026-10-31T06:00:00Z

Single-source report: according to Sky News, as reported by Expansión, the UK telecoms group (owned equally by Telefónica and Liberty Global) is preparing to cut several thousand of its roughly 16,000 jobs; people close to the company said up to 4,000 could go, mostly in non-customer-facing roles. The backdrop is investor concern over £22bn of debt; a cost-saving target, but no headcount figure, is expected with the quarterly results. The company has not confirmed the report (Expansión, 31 October 2026). — Source: https://www.expansion.com/empresas/2026/10/31/vmo2-prepara-miles-despidos-ahorrar-costes.html

tag:eurotrack.ai,2026:183b9629:en 2026-10-13T06:00:00Z

freenet buys the remaining minority stake of about 25% in Exaring AG (waipu.tv) and now holds 100%. The initial price is about EUR 76m, with up to EUR 50m more depending on future targets; it is funded from cash (freenet, EQS News, 13 Oct 2026). — Source: https://www.investegate.co.uk/announcement/eqs/freenet-ag--0mv2/eqs-news-freenet-ag-acquires-full-ownership-/9821109

tag:eurotrack.ai,2026:29670a1c:en 2026-10-12T06:00:00Z

Telia plans to move more tasks from group level to its country units and cut about 900 positions, including consultant roles; roughly 220 further positions would shift mainly from the shared technology unit to the countries. It targets annual gross savings of SEK 1bn, with implementation planned by 31 December, subject to the usual negotiations with employee representatives. In Finland, change negotiations begin that could remove up to 355 jobs according to Yle, while 75 new jobs are expected to be created (Telia, press release, 12 Oct 2026; Yle, 12 Oct 2026). Update (13.10.2026): Estonia and Lithuania are also affected — around 100 jobs in Estonia and up to 85 redundancies in Lithuania alongside 12 new roles; implementation is to be completed by the end of 2026 (ERR, 12 Oct 2026; Delfi, 13 Oct 2026). — Sources: https://news.cision.com/se/telia-company/r/telia-foreslar-ytterligare-lokalisering-av-verksamheten-och-avser-na-arliga-bruttobesparingar-om-sek,c4407088 · https://yle.fi/a/74-20250972 · https://news.err.ee/1610163940/telia-to-cut-100-jobs-in-estonia-as-telecom-group-plans-900-layoffs · https://www.delfi.lt/en/business/telia-lietuva-restructures-operations-and-plans-up-to-85-redundancies-120318077

tag:eurotrack.ai,2026:dc5f86dd:en 2026-10-09T06:00:00Z

Nokia plans to cut up to 253 jobs in Finland, affecting Espoo, Tampere and Oulu, just under 4% of its roughly 6,800 staff in the country. Change negotiations with employee representatives began on 12 October 2026, and the cuts are expected to take effect from 2 November 2026 according to the European Restructuring Monitor. Nokia wants to cut costs and redirect resources to defence, AI and data centres; the split across sites and units is open (Evertiq citing Yle and Helsingin Sanomat, 9 Oct 2026). — Source: https://evertiq.com/news/2026-10-09-more-than-250-jobs-at-risk-as-nokia-plans-cuts-in-finland

tag:eurotrack.ai,2026:80c41831:en 2026-09-23T06:00:00Z

DigitalBridge, Legal & General and TD Asset Management have agreed to buy VodafoneZiggo's passive mobile tower business and combine it with Belgian tower operator Belgium Tower Partners into an independent platform of more than 6,600 sites. The release names no price; completion is expected in early 2027. Update (12 Oct 2026): the European Commission cleared the acquisition unconditionally under the simplified procedure (TD Asset Management, press release, 23 Sep 2026; European Commission, Daily News, 12 Oct 2026). — Source: https://www.td.com/ca/en/global-investment-solutions/about-us/newsroom/digitalbridge-lg-tdam-acquire-vodafoneziggo-towers

tag:eurotrack.ai,2026:da4357f1:en 2026-09-21T06:00:00Z

Sunrise, by its own account Switzerland's second-largest telecoms group, is evaluating the elimination of up to 450 of its current 2,900 full-time positions — just under 16% of its headcount. According to the company statement, a comprehensive realignment of its operating model is under review in order to "anticipate emerging market and technology developments"; in a first phase the company is evaluating a review of supplier contracts alongside the job cuts. The legally required consultation process with employee representatives and the union Syndicom is to take place in the fourth quarter of 2026. Staff in shops, sales and customer service are to be largely exempt and apprentices spared entirely; Sunrise says it will provide further details on the transformation programme once the evaluation is complete. This is a separate programme in addition to the cut of up to 190 positions announced on 8 January 2026 (entry 4896ec6a), whose consultation ended in February/March 2026, when headcount stood at 2,653 full-time positions. (Source: SRF News/AWP, 21 Sep 2026) Update (25 October 2026): the consultation with employee representatives and syndicom has ended: Sunrise will make 358 redundancies instead of the up to 450 originally considered; the social plan was improved, especially for older staff, and a voluntary leaver programme is offered for the first time in selected areas (PCtipp, 25 October 2026). — Sources: https://www.srf.ch/news/schweiz/telekomriese-sunrise-prueft-abbau-von-450-vollzeitstellen · https://www.pctipp.ch/themen/news/sunrise-schliesst-konsultationsverfahren-ab

tag:eurotrack.ai,2026:85d341fb:en 2026-09-14T06:00:00Z

ZTE Italia, the Italian unit of the Chinese telecom equipment maker, has opened a collective dismissal procedure for 81 of its remaining 177 employees (almost half the workforce) and plans to close four sites (Padua, Bari, Bologna, Catanzaro). The unions SLC-CGIL, FISTel-CISL and UILFPC condemned the move on 14 September 2026, calling it 'the tip of the iceberg' of a structural crisis in Italy's telecom sector (Il Diario del Lavoro, 14 September 2026). — Source: https://www.uilfpc.it/news/zte-aperta-la-procedura-per-81-licenziamenti-su-177-dipendenti/

tag:eurotrack.ai,2026:50334d5d:en 2026-09-10T06:00:00Z

United Internet is launching transformation programmes at two subsidiaries: IONOS (Karlsruhe) is to shrink from about 3,800 to 3,350 full-time positions (450 jobs) and 1&1 Versatel (Düsseldorf) from about 1,350 to roughly 1,000 (350 jobs). The cuts are to be delivered mainly through voluntary programmes; one-off costs are about €95m in 2026, with annual savings of around €55m expected afterwards, and at IONOS the money is to be redirected into AI products and cloud expansion. 1&1 lowered its 2026 EBITDA guidance from €800m to €740m because of the special charges (group statement of 10.09.2026 as reported by dpa/t-online, 12.09.2026; ka-news, 14.09.2026). The figures cover the companies as a whole, not only Germany. — Source: https://www.t-online.de/finanzen/aktuelles/wirtschaft/id_101432892/united-internet-800-stellen-bei-1-1-und-ionos-fallen-weg.html

tag:eurotrack.ai,2026:1859a865:en 2026-09-01T06:00:00Z

The board of British unified-communications provider Gamma Communications agreed on 1 September 2026 to a recommended cash offer of 1,120 pence per share (a 53% premium to the pre-offer-period price) from private equity firm Epiris (via acquisition vehicle Bradbury Bidco), valuing the company at around GBP 1.08 billion. On 22 August 2026 Gamma had already confirmed it was also in talks with Dutch private equity firm Waterland over a rival, higher offer; Waterland must announce a firm offer or walk away by 18 September 2026. Completion of the Epiris offer is expected in H1 2027. Update (11 September 2026): On 11 September 2026 Waterland announced that it is no longer acting in concert with the Giacom Group in relation to a possible acquisition of Gamma; Waterland continues to consider its own interest, with no certainty that an offer will be made. The Takeover Panel will announce separately the deadline by which Waterland must clarify its position (RNS via Investegate, 11 September 2026). Update (1 Oct 2026): Waterland has withdrawn from the bidding race and states that it will not make an offer; Epiris remains the only bidder (Alliance News via AJ Bell, 1 Oct 2026). — Sources: https://www.investegate.co.uk/announcement/rns/gamma-communications--gama/offer-for-gamma-communications-plc/9747182 · https://www.ajbell.co.uk/news/articles/waterland-rules-out-gamma-offer-clearing-way-epiris-takeover

tag:eurotrack.ai,2026:47f48efe:en 2026-08-24T06:00:00Z

Orange Polska and Dutch pension fund APG had agreed on 22 December 2025 to jointly acquire Polish wholesale fibre operator Nexera from Infracapital for PLN 1.5 billion (around EUR 350 million) and fold it into their existing open-access joint venture Światłowód Inwestycje (adding around 800,000 households, mostly in small towns and rural areas). The European Commission cleared the merger on 24 August 2026 without competition concerns. — Source: https://www.mobileworldlive.com/europe/orange-poland-fibre-deal-gets-ec-green-light

tag:eurotrack.ai,2026:6fb727bb:en 2026-08-17T06:00:00Z

Deutsche Telekom announced on 17 August 2026 the acquisition of Polish fibre providers Fiberhost (open wholesale access, reaching around 1.4 million households across eight of Poland's 16 voivodeships, mostly rural) and Inea (around 300,000 retail customers) from Macquarie Asset Management for approximately EUR 1 billion. The deal turns T-Mobile Polska from a reseller into a fibre network operator. Completion is subject to Polish competition clearance (UOKiK) and expected by year-end 2026. — Source: https://www.telekom.com/en/newsroom/latest-updates/media-information/2026/08/deutsche-telekom-to-acquire-fiberhost-and-inea-from-macquarie-as

tag:eurotrack.ai,2026:f9aa7224:en 2026-07-27T06:00:00Z

On 27 July 2026 Vodafone confirmed in its results for the three months to the end of June 2026 that around 1,200 jobs had been cut across European operating companies and group-wide shared operations. Part of the reduction came through natural attrition, with vacated roles left unfilled. The group aims to cut costs and capital spending by around £700m a year by financial year 2030; the backdrop is last year's merger with Three UK and the ongoing network integration. Quarterly revenue rose 10 percent to €8.6bn (figure confirmed by the company itself). — Source: https://www.mobileeurope.co.uk/vodafone-job-cuts-july/

tag:eurotrack.ai,2026:e1fdc7f7:en 2026-07-22T06:00:00Z

O2 Telefónica is closing around 60 of its roughly 800 O2 shops in Germany by the end of 2026; only company-owned locations are affected, franchise partners are not. The company cites the growing importance of digital sales channels. The shop closures are part of the same restructuring that will cut up to 1,100 full-time positions (€265m of provisions booked for 2026). No separate figure was given for the staff affected in the shops. — Source: https://www.t-online.de/finanzen/aktuelles/wirtschaft/id_101355644/o2-konzern-baut-bis-zu-1100-stellen-ab-und-schliesst-60-shops.html

tag:eurotrack.ai,2026:8e0cfd8b:en 2026-07-20T06:00:00Z

On 20 July 2026 the acceptance period began for Poste Italiane's public cash-and-exchange tender offer (OPAS) for up to 1.706bn TIM ordinary shares (around 79.9% of the capital, excluding Poste's existing stake). The offer is €1.67 in cash plus 0.218 new Poste shares per TIM share; TIM's board considers the consideration fair and backs the industrial logic. The period runs until 11 September 2026 (40 trading days); completion is conditional on reaching more than 66.67% of TIM's capital. Second source: Calcio e Finanza. UPDATE (as at 24 July 2026): Take-up of the OPAS remains very low — only 6,600,849 TIM shares have been tendered cumulatively, about 0.39% of the targeted volume. UPDATE (30/31 July 2026): Take-up has risen to around 0.93% of the offer volume (14.2–15.8m TIM shares); at the same time the fall in Poste's share price has pushed the implied offer value down to about €7.40 per TIM share (source: Teleborsa). UPDATE (3 August 2026): Take-up passed the one-percent mark for the first time — 17,265,193 TIM shares tendered cumulatively, or 1.011% of the offer volume, of which 1,451,945 shares on that day alone (source: Teleborsa). Update (6 Aug 2026): Acceptances kept rising — a cumulative 23,595,492 TIM shares, or 1.3828% of the offer volume (2,034,392 shares on that day alone), up from 1.011% on 3 August 2026. Update (15 September 2026): Final result of the acceptance period — 993,596,322 TIM shares were tendered (46.523% of the capital, 58.229% of the offer shares) after Poste had raised the cash component to €1.97 per share on 7 September 2026; Poste thus holds 1,422,960,312 shares or 66.627% of TIM. The acceptance period will be reopened on the trading days 21–25 September 2026 (Teleborsa, 15 September 2026). Update (25 September 2026): after the reopened acceptance period closed, Poste controls 85.82% of TIM, staying below the 90% threshold but holding a broad majority for a possible delisting (ANSA, 25 September 2026). Update (01.10.2026): after the offer closed, Poste bought further TIM shares on the market on 01.10.2026 at no more than €6.65 each and, on settlement, holds 1,857,060,167 shares or about 86.95% of the capital, still below the 90% squeeze-out threshold. On 30.09.2026 Poste's board had already adopted the rules for the direction and coordination of TIM, which has since been integrated into the group. No delisting has been scheduled (MondoMobileWeb, 01.10.2026). — Sources: https://www.borsaitaliana.it/borsa/notizie/teleborsa/finanza/poste-italiane-al-via-l-opas-su-tim-il-cda-della-telco-ritiene-congruo-il-corrispettivo-5_2026-07-20_TLB.html · https://www.ansa.it/sito/notizie/economia/2026/09/25/poste-all8582-di-tim-al-termine-delle-adesioni-allofferta_be8b8130-21bd-485a-8efd-ac51e8f1c7b6.html · https://www.mondomobileweb.it/327469-poste-italiane-sale-ancora-in-tim-acquistate-ulteriori-azioni-fuori-dallopas/

tag:eurotrack.ai,2026:ab0107f5:en 2026-07-18T06:00:00Z

UAE telecoms group e& transferred its 16.21% stake in Vodafone on 18 July 2026 for $5.95bn (110.5 pence per share) to Vega, the investment vehicle of Iliad owner Xavier Niel, making Niel Vodafone's largest single shareholder. Completion ended the e&–Vodafone cooperation agreement and e&'s board representative resigned. e& had built the stake in 2022 for around £3.3bn (net cash inflow of roughly $1.3bn). Second source: RCR Wireless (initial announcement 10 July). — Source: https://www.boerse-express.com/news/articles/vodafone-aktie-niel-deal-am-18-juli-abgeschlossen-929577

tag:eurotrack.ai,2026:50b8603c:en 2026-07-15T06:00:00Z

The UK's largest alternative full-fibre network operator has notified around 200 staff of possible redundancy (consultation phase). Cited reasons: difficult market conditions, slower consolidation progress and high net debt of about £3.7bn. It is the second wave of cuts in 2026, after more than 400 roles were cut in January. — Source: https://www.ispreview.co.uk/index.php/2026/07/broadband-altnet-cityfibre-notifies-200-uk-staff-of-possible-future-redundancy.html

tag:eurotrack.ai,2026:e9f87222:en 2026-07-10T06:00:00Z

O2 Telefónica is cutting jobs under its 'Future Operating Model' restructuring, mainly affecting customer service, the retail shop network and the central OHG unit. Background: the loss of the 1&1 wholesale business to Vodafone and a 3.8% revenue decline in 2025 to €8.2bn (first reports 10 July, wider confirmation incl. Handelsblatt on 14 July). Firmed up on 22 July 2026: up to 1,100 of around 6,820 full-time positions will go by the end of 2026 — about one in six; in addition around 60 of the roughly 800 O2 shops will close (company-owned locations only, no franchise partners). The company booked €265m of restructuring provisions for 2026, with up to €155m more possible for a second cost-cutting phase in 2027; from 2028 it expects annual savings of around €185m. Management cites a simplified organisation and intensified use of artificial intelligence in central processes as the levers. — Source: https://www.heise.de/news/O2-Telefonica-streicht-ein-Sechstel-aller-Arbeitsplaetze-11374266.html

tag:eurotrack.ai,2026:7d2a444d:en 2026-07-10T06:00:00Z

BT is closing its office at The Plaza in Liverpool city centre with 601 staff (BT Business, Openreach, outsourced 999 call handlers). Staff were informed on 30 June, public confirmation followed on 10 July; formal consultation starts 20 July 2026. Relocation to Manchester and Leeds is offered but BT admits it is 'not practical' for many, so many face redundancy. Update (29 Jul 2026): Opposition to the closure has turned political. Staff protested outside the Plaza building with backing from the CWU union; Liverpool council leader Liam Robinson, Metro Mayor Steve Rotheram and MPs Ian Byrne and Peter Dowd called on BT to pause the plans. BT pointed to higher lease costs and is sticking to the closure. — Source: https://lbndaily.co.uk/601-jobs-at-risk-as-bt-announces-liverpool-closure/

tag:eurotrack.ai,2026:06acdf5f:en 2026-07-08T06:00:00Z

Telenor is buying 50.8% of the capital and 86% of the votes in Swedish internet provider Bahnhof from founders Jon Karlund and Andreas Norman at SEK 60 a share, plus Öresund's stake at SEK 62; a mandatory offer at SEK 62 to the remaining shareholders follows. The deal values Bahnhof at SEK 6.1bn and makes Telenor Sverige the second-largest fixed broadband provider in Sweden (Nyhetsbyrån Direkt via Placera, 8 July 2026). Update (2 November 2026): the Swedish Competition Authority has approved the acquisition, so all regulatory conditions are now met (Telenor Sverige, 2 November 2026). — Sources: https://www.placera.se/telegram/bahnhof-telenor-blir-huvudagare-avser-lagga-bud-ny2-20260708 · https://news.cision.com/se/telenor-sverige/r/konkurrensverket-godkanner-telenors-forvarv-av-en-majoritetspost-i-bahnhof,c4418775

tag:eurotrack.ai,2026:5f7e4163:en 2026-06-06T06:00:00Z

Memorandum of understanding signed to break up SFR: Bouygues takes on approx. 52% of revenues, Free-iliad 27%, Orange 21%. France would in future have only three mobile network operators. Completion after approvals expected for H2 2027; employment guarantee until early 2029. Update 15 July 2026: The European Commission referred the merger review of the break-up to France's Autorité de la concurrence — the national authority will now examine the carve-up of the fourth-largest network operator (closing expected H2 2027 at the earliest). Follow-up: France's competition authority (Autorité de la concurrence), to which the European Commission referred the review, said on 20 July 2026 that scrutiny of the three linked acquisitions (Iliad/Free, Bouygues, Orange) will take at least 18 months — meaning completion is possible no earlier than early 2028. Update (12 Sept 2026): Altice France's central works council (CSE) has taken management to court to compel disclosure of documents, information and answers on the terms of the disposal; Altice France confirmed the suit. The CFDT, CFTC and Unsa unions called a work stoppage for the afternoon of 24 September 2026, considering the redeployment measures on offer inadequate — on their account several thousand employees will lose their jobs. The consultation period has been extended to 6 October 2026; the reporting cites a transaction value of €20.35bn plus a possible €650m earn-out, stakes of 42% for Bouygues, 31% for Free and 27% for Orange, and an employment guarantee running to early 2029 (Echos Plus, 12 Sept 2026). Update (24 Sep 2026): On the strike day against the sale, about a third of SFR's 8,000 employees walked out according to the unions (Unsa: at least 2,660, CFDT: 3,500); the central works council has also filed an urgent application (référé) against Altice France and the buyers at the Paris judicial court, with a ruling due on 26 Oct 2026 (AFP via Boursorama, 24 Sep 2026). The employee representatives have additionally sued the four operators in proceedings on the merits, with hearings scheduled for early December 2026 (AFP via France 24, 24 Sep 2026: https://www.france24.com/fr/info-en-continu/20260924-vente-de-sfr-environ-un-tiers-des-8-000-salari%C3%A9s-en-gr%C3%A8ve-selon-les-syndicats). Update (20 October 2026): Talks between staff representatives and Bouygues Telecom, Free and Orange resumed on 16 October 2026, the first since the breakdown of 21 September; the consortium tabled a new offer whose content was initially not made public (bbox-mag, 16 Oct 2026). — Sources: https://www.orange.com/en/press-release/signature-dun-protocole-daccord-en-vue-de-lacquisition-de-sfr-476232-476232 · https://www.bbox-mag.fr/mobiles/negociations-rachat-sfr-salaries/47768996/amp

tag:eurotrack.ai,2026:f1312d9e:en 2026-05-05T06:00:00Z

Vodafone is buying CK Hutchison out of the VodafoneThree joint venture and will become sole owner of the UK's largest mobile operator (over 28 million customers). Completion subject to UK security review expected in H2 2026. Update (3 Aug 2026): Vodafone has completed the purchase of CK Hutchison's 49% stake for GBP 4.3bn and now owns 100% of VodafoneThree; it was funded from existing cash (Advanced Television, 3 Aug 2026). — Sources: https://www.telecoms.com/communications-service-provider/vodafone-buys-ck-hutchison-out-of-uk-jv-for-4-3-billion · https://www.advanced-television.com/2026/08/03/vodafone-completes-vodafonethree-buyout/

tag:eurotrack.ai,2026:dda21dd8:en 2026-04-14T06:00:00Z

AT&T is restructuring its Košice site and cutting about 250 jobs; according to the trade union uniJA up to 337 positions were reported to the labour office. The positions are formally abolished from 1 Jul 2026, and according to the union affected staff were to receive no new tasks from 14 Apr. The reason is the growing automation of customer service through artificial intelligence and chatbots (Eurofound European Restructuring Monitor, April 2026). — Source: https://apps.eurofound.europa.eu/restructuring-events/detail/300279

tag:eurotrack.ai,2026:3bff996e:en 2026-01-15T06:00:00Z

The Swedish telecommunications group Ericsson plans to cut around 1,600 jobs in Sweden (more than one in ten jobs among its ~12,600 employees). Ericsson employs around 2,400 people in Germany at 12 sites; jobs could be cut there too. Which sites and functions are specifically affected will be clarified in negotiations with unions. Reasons: a long-standing weak mobile-network market, rising inflation costs, competitive pressure. The cuts are part of a global plan; further measures in other countries are to be announced separately. — Source: https://www.nordisch.info/schweden/ericsson-streicht-1-600-stellen-weitere-entlassungen-angekuendigt/

tag:eurotrack.ai,2026:4896ec6a:en 2026-01-08T06:00:00Z

Sunrise plans to cut up to 190 jobs (around 7% of its workforce of 2,653 employees). The goal is to simplify the company structure (fewer hierarchical levels, larger management spans) and to increase efficiency; numerous managers are affected. A consultation process is under way, and the final figure will be decided after its conclusion (February/March). Apprentices and customer-service staff with direct customer contact are largely exempt; a social plan and support for those affected are planned. Update (5 February 2026): After the consultation, Sunrise is cutting 147 rather than up to 190 jobs, with notices following over the coming months. (cash.ch, 5 February 2026) — Sources: https://www.srf.ch/news/wirtschaft/telekomkonzern-sunrise-plant-abbau-von-bis-zu-190-stellen · https://www.cash.ch/news/sunrise-entlasst-147-angestellte-statt-ursprunglich-geplant-190-905840

tag:eurotrack.ai,2026:b81a9beb:en 2025-12-17T06:00:00Z

Telefónica has presented its final proposal to cut more than 4,554 jobs across several Spanish subsidiaries: 3,765 from the main Spanish business, 599 from global business units, 190 from the Movistar+ subscription TV service. The revised proposal represents a 25% reduction from the original proposal. The main unions CCOO and UGT: the reduction should be on a 100% voluntary basis, with no compulsory redundancies. Context: European telecom operators are under pressure to cut costs and consolidate. Over the past year, Telefónica already cut around 3,400 jobs. — Source: https://uk.marketscreener.com/news/telef-nica-reduces-its-job-cutting-plan-in-spain-by-25-according-to-unions-ce7d50dfdd8bf324

tag:eurotrack.ai,2026:32732595:en 2025-11-19T06:00:00Z

Verizon plans around 13,000 layoffs worldwide as part of a restructuring; no direct DACH sites are affected. — Source: https://trading-treff.de/trading/verizon-aktie-radikalkur-mit-13-000-entlassungen

tag:eurotrack.ai,2026:94a1d8da:en 2025-11-14T06:00:00Z

Nokia plans to close its Munich site by 2030; IG Metall reports more than 700 affected employees on site; the reduction is planned in several waves from 2026 to 2030. — Source: https://heise.de/-11079117