& cplSiteName &

Euronews: TeliaSonera to Cut 2,000 Jobs

Michelle Donegan
News Analysis
Michelle Donegan
10/17/2012
50%
50%

The dishes on today's smorgasbord of European telecoms news include Telia Company , FTTH Council Europe , Deutsche Telekom AG (NYSE: DT) and Telecom Italia (TIM) .

  • TeliaSonera announced plans to cut up to 2,000 jobs, or 7 percent of its workforce, as part of a strategy to reduce costs by a net 2 billion Swedish kronor (US$300 million) over the next two years. The cost-cutting measure was revealed with the operator's third-quarter financial results, in which the company's revenues were down by 3.2 percent to SEK 25.8 billion ($3.9 billion) and operating income fell 6.2 percent to SEK 7.5 billion ($1.3 billion) compared with the same period last year. TeliaSonera CEO Lars Nyberg said in a statement: "Although Eurasia continues to deliver double-digit growth and Broadband Services reports a moderate decrease, we are experiencing weakness in service revenues in many of our markets within Mobility Services." He also noted that as customers' usage behavior is quickly changing, "we must change our business models from being voice to data centric." (See TeliaSonera to Shed 2,000 Jobs, TeliaSonera Abandons VoIP Charge, TeliaSonera Replaces Mobility Services Exec and TeliaSonera Launches Uzbek Review.)

  • Over at the Broadband World Forum in Amsterdam, the FTTH Council Europe has revealed the top three fiber-to-the-home (FTTH) markets in Europe. And the winners will come as no surprise (really!), because they are the same as last year. Topping the FTTH charts are: Lithuania with 30 percent penetration, Norway with 18 percent and Sweden with 14.5 percent. (See Lithuania Tops EU FTTH Ranking, EC's FTTX Gamble and Why 9.2 Is the Magic Number.)

  • Polish operator Telekomunikacja Polska SA cut its revenue outlook for 2012 from an expected 3 percent decline to a drop of between 4 and 5 percent, sending its share price tumbling, reports Reuters. The operator cited intense competition in the mobile services market as well as an economic slowdown as reasons for the change.

  • The French government just might step in and say "Non!" to a sale of SFR -- France's second-largest mobile operator with about 20 million customers -- to cable operator Numericable-SFR , according to this Reuters report, after it was reported that the two companies were in talks about a deal. (See Euronews: SFR, Numericable Discuss Merger.)

  • Mamma Mia! Telecom Italia said it will launch LTE services in Italy on Nov. 7. The first devices to support the mobile broadband service will be USB modems and tablets, and the operator said smartphones will be introduced at a "later date." A one-year USB modem contract with a data cap of 20GB per month will cost €349 (US$458) in total -- or about €29 ($38) per month. The operator is also offering the Samsung Galaxy Tab 8.9 with a package that costs €45 ($59) for 30 months a 20GB data cap. (See Telecom Italia to Launch LTE Next Month.)

  • Deutsche Telekom has added an application delivery network to its content delivery network (CDN) service offer through its wholesale division, International Carrier Sales and Solutions. The service aims to improve the performance and throughput of Web applications, such as those used for social media services, customized information portals, or e-commerce and booking engine apps. (See DT Launches App Delivery Network.)

    — Michelle Donegan, European Editor, Light Reading Mobile

    (0)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    Featured Video
    From The Founder
    Light Reading is spending much of this year digging into the details of how automation technology will impact the comms market, but let's take a moment to also look at how automation is set to overturn the current world order by the middle of the century.
    Flash Poll
    Upcoming Live Events
    November 30, 2017, The Westin Times Square
    December 5-7, 2017, The Intercontinental Prague
    March 20-22, 2018, Denver Marriott Tech Center
    May 14-17, 2018, Austin Convention Center
    All Upcoming Live Events
    Infographics
    SmartNICs aren't just about achieving scale. They also have a major impact in reducing CAPEX and OPEX requirements.
    Hot Topics
    Juniper's New Contrail VP Hails From Google
    Craig Matsumoto, Editor-in-Chief, Light Reading, 11/15/2017
    Eurobites: Telefónica Reckons Plastic Is Fantastic for FTTH
    Paul Rainford, Assistant Editor, Europe, 11/15/2017
    AT&T's Lurie Leaps to Synchronoss as New CEO
    Dan Jones, Mobile Editor, 11/17/2017
    Animals with Phones
    Why Cats Don't Run Tech Support Click Here
    Live Digital Audio

    Understanding the full experience of women in technology requires starting at the collegiate level (or sooner) and studying the technologies women are involved with, company cultures they're part of and personal experiences of individuals.

    During this WiC radio show, we will talk with Nicole Engelbert, the director of Research & Analysis for Ovum Technology and a 23-year telecom industry veteran, about her experiences and perspectives on women in tech. Engelbert covers infrastructure, applications and industries for Ovum, but she is also involved in the research firm's higher education team and has helped colleges and universities globally leverage technology as a strategy for improving recruitment, retention and graduation performance.

    She will share her unique insight into the collegiate level, where women pursuing engineering and STEM-related degrees is dwindling. Engelbert will also reveal new, original Ovum research on the topics of artificial intelligence, the Internet of Things, security and augmented reality, as well as discuss what each of those technologies might mean for women in our field. As always, we'll also leave plenty of time to answer all your questions live on the air and chat board.

    Like Us on Facebook
    Twitter Feed
    Partner Perspectives - content from our sponsors
    The Mobile Broadband Road Ahead
    By Kevin Taylor, for Huawei
    All Partner Perspectives