Report: European Telecom Giants Plot Rival to Google

Europe's largest telecom companies are planning a mobile-phone search engine to rival that of Google's, the U.K. Telegraph reported Sunday.

Vodafone, Deutsche Telekom, Telefonica and Cingular are among the companies expected for hush-hush talks about the development of the search engine next week at the 3GSM World Congress in Barcelona.

"There is a big play in mobile search that we need to be part of, and we are exploring those options at a very high level," an unnamed U.K. telecom executive told the Telegraph.

Click here to read the Telegraph report.