IP Convergence: Beyond VoIP, Beyond Cost Savings

J.P. Morgan downgraded Telefonica to neutral from overweight on worries over Vodafone Group's report of slowing Spanish service revenue growth as well as worries over the U.K., Germany and the Czech Republic.

Brazil's regulators are set to shake up its fast-growing wireless phone market, in part giving a local player a boost.

Annual sales will suffer from a slowdown in Spain and cellphone calls in Europe.

European equity markets fell on Tuesday, breaking an advance that ran for four days after mobile phone groups were spooked by a trading update from Vodafone.

European equity markets fell on Tuesday, breaking an advance that ran for four days after mobile phone groups were spooked by a trading update from Vodafone.

Annual sales will suffer from a slowdown in Spain and cellphone calls in Europe.

Shares in Vodafone Group slump around 12% Tuesday after the mobile network operator warns sales for the year will be at the lower end of its previous forecast, though the latest quarter still saw revenue growth of 19.1%.

European equity markets fell on Tuesday, breaking an advance that ran for four days after mobile phone groups were spooked by a trading update from Vodafone.

Phone company stocks might go as far as wireless data takes them.

The telecom giant announced a network investment expected to connect as many as 10 million homes to the superfast broadband service by 2012

UK mobile games maker Player X is buying Madrid-based mobile games publisher Gaelco Móviles for an undisclosed cash amount - its first acquisition and part of a European expansion plan.

Allan Nichols, editor of the Morningstar International Investor newsletter and senior telecom analyst for the Chicago-based investment research firm, says the global telecommunications sector has many defensive characteristics to make it attractive now, but valuations are not universally appealing.

Allan Nichols, editor of the Morningstar International Investor newsletter and senior telecom analyst for the Chicago-based research firm, says that the telecommunications sector has a lot of defensive characteristics to make it attractive in current market conditions, but noted that valuations are not universally attractive right now.