& 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 SpA (NYSE: TI).

  • 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
    Light Reading’s Upskill U is a FREE, interactive, online educational resource that delivers must-have education on themes that relate to the overall business transformation taking place in the communications industry.
    NEXT COURSE
    Friday, September 30, 1:00PM EDT
    Gigabit & the Great Migration
    Robert Howald, Vice President, Network Architecture, Comcast
    UPCOMING COURSE SCHEDULE
    Wednesday, October 5, 1:00PM EDT
    Gigabit & Smart Cities
    Joe Kochan, COO & Co-Founder, US Ignite
    Friday, October 7, 1:00PM EDT
    Gigabit & DOCSIS 3.1
    Ty Pearman, Director, Access Architecture, Comcast
    Wednesday, October 19, 1:00PM EDT
    Securing a Virtual World
    Rita Marty, Executive Director, Mobility and Cloud Security, Chief Security Office, AT&T
    in association with:
    From The Founder
    Light Reading today starts a new voyage as part of a larger Enterprise.
    Flash Poll
    Live Streaming Video
    Charting the CSP's Future
    Six different communications service providers join to debate their visions of the future CSP, following a landmark presentation from AT&T on its massive virtualization efforts and a look back on where the telecom industry has been and where it's going from two industry veterans.
    LRTV Custom TV
    Flexible Deployment Approaches for the Gigabit Services Evolution

    9|29|16   |     |   (0) comments


    For many operators, the gigabit evolution begins with the shift from DOCSIS 3.0 to DOCSIS 3.1. But that move represents a change not only in the protocol itself, but in the approach to architecting their entire DOCSIS delivery chain -- from the headend to the outside plant and home gateway components.

    Jonathan Ruff, senior director of global technical ...

    LRTV Interviews
    Level 3 VP: Enterprises Need More for Less

    9|29|16   |   05:27   |   (0) comments


    Andrew Dugan, Level 3 group vice president of global technology and IT, says enterprises need more bandwidth and they need it faster and with greater security, but they want to spend less, if possible. They are looking to carriers to reduce their network complexity and help protect them from cyberattacks as well.
    LRTV Interviews
    CenturyLink: SDN/NFV Pose New Interconnection Possibilities

    9|28|16   |   04:37   |   (0) comments


    Network operators should develop new APIs and business processes for reselling virtual assets to each other, says CenturyLink's Bill Walker. That will enable them to build digital business portfolios that help them avoid becoming commodity transport providers.
    LRTV Interviews
    Level 3: Overcoming Terror of Being Supplier, Integrator & Developer

    9|28|16   |     |   (0) comments


    At Light Reading's NFV & Carrier SDN event in Denver, Travis Ewert of Level 3 Communications said there is terror in becoming supplier, integrator and developer, but it can be overcome and be cost effective.
    LRTV Custom TV
    Introducing IoT World News

    9|27|16   |   01:43   |   (0) comments


    Self-driving cars, medical sensors, smart cities... and refrigerators. In order to address the huge scope of IoT, KNect365 has created a unique online community that will help businesses to understand and monetize the opportunities that live within the IoT market. We look forward to welcoming you to IoT World News -- your gateway to a better connected future.
    LRTV Interviews
    AT&T: Reusable Functions Next NFV Key

    9|27|16   |   06:03   |   (0) comments


    The next generation of NFV has to break functions down into reusable software chunks, making everything much more cloud-like.
    LRTV Interviews
    Masergy on Security: Attackers Gaining Upper Hand

    9|27|16   |   5:10   |   (2) comments


    At Light Reading's NFV & Carrier SDN event in Denver, Ray Watson, vice president of Global Technology at Masergy, says that because of the growth in virtualization, the threat landscape is shifting in favor of the attackers. As a result, service providers need to think beyond just defending the perimeter and take a more holistic approach to security.
    LRTV Interviews
    Verizon Takes Next Step on Biz Virtualization Journey

    9|26|16   |   4:38   |   (2) comments


    At September's NFV & Carrier SDN event in Denver, Light Reading sat down with Victoria Lonker, director of Product and New Business Innovation at Verizon, to chat about where the carrier is with delivering virtualized services to business customers.
    LRTV Interviews
    Global Services: The $40B Face-Off

    9|26|16   |   05:53   |   (1) comment


    More service providers than ever before are battling it out to win a slice of what is now a $40 billion global communications services pie, explains Ovum Principal Analyst David Molony.
    LRTV Documentaries
    MEC Congress: The Key Takeaways

    9|22|16   |   03:25   |   (3) comments


    Three key takeaways from the Mobile Edge Computing (MEC) Congress in Munich, Germany.
    Wagner’s Ring
    Time to Shut Up About 'Dumb Pipes'

    9|22|16   |     |   (20) comments


    Service providers can't compete with OTT players. It just isn't in their DNA. Instead, service providers need to embrace what they're good at -- providing reliable, secure connectivity.
    Wagner’s Ring
    Keeping Your Tech Career Going After 50

    9|21|16   |     |   (13) comments


    How do you keep your career moving forward when you're past the half-century mark?
    Upcoming Live Events
    November 3, 2016, The Montcalm Marble Arch, London
    November 30, 2016, The Westin Times Square, New York City
    December 1, 2016, The Westin Times Square, New York, NY
    December 6-8, 2016, The Westin Excelsior, Rome
    May 16-17, 2017, Austin Convention Center, Austin, TX
    All Upcoming Live Events
    Infographics
    Hot Topics
    Eurobites: Telefónica Taps Juniper for Network Security
    Paul Rainford, Assistant Editor, Europe, 9/26/2016
    WiCipedia: The Women Helping Women Edition
    Eryn Leavens, Special Features & Copy Editor, 9/23/2016
    Powell Kills the Cable Show
    Mari Silbey, Senior Editor, Cable/Video, 9/29/2016
    Telstra Sees Quadrupled Data Capacity by 2020
    Carol Wilson, Editor-at-large, 9/28/2016
    Open Source Getting on My Nerves
    Carol Wilson, Editor-at-large, 9/26/2016
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    Light Reading CEO Steve Saunders and UXP Systems CEO Gemini Waghmare discuss the strategic importance of digital identity for operators in the midst of transformation.
    Join us for an in-depth interview between Steve Saunders of Light Reading and Alexis Black Bjorlin of Intel as they discuss the release of the company's Silicon Photonics platform, its performance, long-term prospects, customer expectations and much more.
    Animals with Phones
    There's Nothing Like Missing a Full Minute of Pokémon Go Click Here
    Live Digital Audio

    A vital part of increasing the number of women in comms is transforming the ways companies can support and empower women. While progressive company policies that support both men and women in achieving work-life balance are a step in the right direction, creating a company culture that supports those policies can at times be more challenging.

    During this show, we'll talk to Lynn Comp, Senior Director of Industry and Sales Enabling (ISE) in the Network Platforms Group at Intel, about why those challenges exist and how companies can overcome them. She'll provide insight into how Intel has worked to create a culture that supports work-life balance, and provide steps and guidance for other companies wishing to do the same. We will also leave plenty of time to get your questions answered live on the air.