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Britain's Vodafone has offered to buy Spain's largest cable operator Ono from its private-equity owners, two people familiar with the situation said, in a deal that could top 7bil euros (RM31.94bil).
Li Ka-shing's Hutchison Whampoa Ltd is set to buy Telefonica's British mobile unit O2 in a deal valued at more than US15.4bil (US$55.7bil), a source with direct knowledge of the matter said, as Asia's richest man makes one of his biggest bets yet to revamp his European telecoms business.
TalkTalk said the British broadband market had turned increasingly competitive in the three months to the end of June, with rivals across the sector slashing prices in the battle to grow their customer base.
Burdened with a poor reputation for customer service, facing increasingly fierce competition and under pressure to hit challenging financial targets, the cyberattack at TalkTalk could not have come at a worse time for the British telecoms firm.
Satellite communications group Inmarsat plc said it expected tough trading conditions in some of its markets to persist this year after it posted a 3.6% rise in core earnings for 2015.
Imagination Technologies, the British company whose graphics power Apple's iPhone, said it would make new cost cuts, including job losses, to speed up a turnaround plan.
A group of Chinese Internet firms who made a cash offer in February for Norwegian mobile phone browser and advertising firm Opera Software, have extended the offer as it has not reached the required level of acceptances.
Britain's biggest telecoms provider BT said it is prepared to spend £6bil (RM34.84bil) on rolling out more super fast fibre and 4G mobile in the next three years, provided the regulator allows it to retain control of its networks.