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Takeover of T-Mobile USA is called off

US telecom giant AT&T has called off its planned acquisition of T-Mobile USA from Deutsche Telekom. As a result, AT&T will pay Deutsche Telekom a previously agreed ‘break up’ fee that’s expected to cost it around $4 billion.

The acquisition deal was originally valued at $39 billion.

Author: The Fonecast
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Vodafone invests in affordable fuel cells for mobile phone networks

CellEra, an Israeli company that is developing platinum-free fuel cell technology, has announced a $9.2 million investment round led by Vodafone Ventures and Carmel Ventures.

Vodafone Ventures is the global venture capital arm of Vodafone Group.

Author: The Fonecast
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