0
Wireless

Everything Everywhere to repay loans to parents - report

Monday 14 November 2011 | 11:04 CET | News
Everything Everywhere plans to pay back GBP 875 million of loans to parent companies Deutsche Telekom and France Telecom as it looks to become a fully independent business, reports the Financial Times. According to bankers close to the process, the mobile phone group will repay its parents using funds from a borrowing facility arranged with seven banks. They added that it would also use the banks to tap the bond market in 2012 to raise up to GBP 800 million for future corporate investment.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Deutsche Telekom / Everything Everywhere / France Telecom
Countries: United Kingdom
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Deutsche Telekom, France Telecom intensify their cooperation

Published 14 Nov 2011 16:02 CET | United Kingdom
Everything Everywhere, the UK joint venture of Deutsche Telekom and France Telecom, is working on a partial refinancing of its ...

Samenwerking Deutsche Telekom en France Télécom intensiveert

Published 14 Nov 2011 14:28 CET | United Kingdom
Everything Everywhere, de Britse joint venture van France Télécom en Deutsche Telekom, werkt volgens de Financial Times aan een ...





Calendar   /   Industry Events

04 May 6G Symposium
05 May Dell Technologies World
06 May Teleste Q1 2021
06 May Gogo Q1 2021
06 May TDC Q1 2021
06 May Ice Group Q1 2021
06 May Freenet Q1 2021
06 May RTL Group Q1 2021
06 May Pexip Q1 2021
06 May Avaya fiscal Q2
06 May Roku Q1 2021
06 May Vonage Q1 2021
06 May Cable One Q1 2021
06 May Motorola Solutions Q1 2021
06 May EchoStar Q1
06 May Globalstar Q1
06 May IAC Q1 2021
06 May Uniti Q1 2021
06 May PCTEL Q1 2021
07 May Cellnex Q1 2021
07 May TDS, US Cellular Q1
07 May Telus International Q1 2021
10 May Boingo Wireless Q1 2021
10 May Ceva Q1 2021
10 May Weibo Q1 2021
10 May 8x8 fiscal Q4 results
10 May NortonLifeLock fiscal Q4, investors day
10 May Synchronoss Q1
11 May Magyar Telekom Q1 2021
11 May Radcom Q1 2021
::: More Calendar Items