O2 and T-Mobile agree LTE network sharing in Czech Republic

Czech mobile operators O2 and T-Mobile have agreed to share their LTE networks in a bid to accelerate coverage improvements in the market this year. The deal follows a similar agreement signed between the two operators relating to their 2G and 3G networks in November last year.

Deutsche Telekom acquires remainder of T-Mobile Czech Republic

German operator group Deutsche Telekom has acquired the remaining 39.23 per cent stake in its Czech subsidiary for €800m. The group said it was a “natural step” to acquire the remaining stake in T-Mobile Czech Republic from a consortium of investors led by private equity group Mid Europa Partners, as it looks to position itself as a Pan-European operator.