& 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
    From The Founder
    Kicking off BCE 2017, Light Reading founder Steve Saunders lays blame for NFV's slow ramp-up and urges telecom to return to old-fashioned standards building and interoperability.
    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.
    Women in Comms Introduction Videos
    Cisco: Mentoring Critical to Attract & Retain Women

    7|19|17   |   6:40   |   (1) comment


    Liz Centoni, senior vice president and general manager of Cisco's Computing System Product Group, shares why mentoring in all its forms is important for women and what Cisco is doing that's made a difference for women in tech.
    LRTV Custom TV
    Gigabit LTE With Snapdragon 835

    7|12|17   |     |   (1) comment


    At an event in Wembley stadium, EE used its live network to demonstrate gigabit LTE using a Sony Xperia XZ Premium smartphone with a Qualcomm Snapdragon 835 chip.
    LRTV Custom TV
    Implementing Machine Intelligence With Guavus

    7|12|17   |     |   (0) comments


    Guavus unites big data and machine intelligence, enabling many of the the largest service providers in the world to save money and drive measureable revenue. Learn how applying Machine Intelligence substantially reduces operational costs and in many cases can eliminate subscriber impact, meaning a better subscriber experience and higher NPS.
    LRTV Custom TV
    Unlocking Customer Experience Insights With Machine Intelligence

    7|12|17   |     |   (0) comments


    When used to analyze operational data and to drive operational decisions, machine intelligence reduces the number of tasks which require human intervention. Guavus invested in Machine Intelligence early. Learn about the difference between Machine Learning and Machine Intelligence.
    Women in Comms Introduction Videos
    Verizon VP Talks Network, Career Planning

    7|12|17   |   4:49   |   (0) comments


    Heidi Hemmer, vice president of Technology, Strategy & Planning at Verizon, shares how bold bets and the future of tech define her career.
    Telecom Innovators Video Showcase
    Masergy's NFV Journey

    7|11|17   |     |   (0) comments


    Ray Watson, vice president of global technology at Masergy, discusses the advantages and challenges in entering the still-maturing NFV market for the past three years.
    Telecom Innovators Video Showcase
    Mavenir on RCS Cloud Platform & Multi-ID

    7|10|17   |     |   (0) comments


    Guillaume Le Mener, head of marketing and corporate development at Mavenir, discussed RCS and the recent launch of Multi-ID, which supports T-Mobile's DIGITS, the revolutionary new technology that breaks down the limitation of one number per phone and one phone per number.
    LRTV Custom TV
    ADTRAN Executive Outlines Trends in Next-Generation 10-Gigabit Cable Networks

    7|10|17   |     |   (0) comments


    Hossam Salib, VP of Cable and Wireless Strategy at ADTRAN, outlines key trends as MSOs begin to deploy next-generation Gigabit and 10-Gigabit cable networks. In the interview, Hossam outlines the advantages of a Fiber Deep architecture, FTTH options including EPON and RFoG, and the importance of SDN and NFV in building next-generation high-bandwidth cable networks.
    LRTV Interviews
    Global Capacity: Bandwidth Demand Driving Ethernet Growth

    7|6|17   |   6:37   |   (0) comments


    At Light Reading's Big Communications Event in Austin, Texas, Global Capacity's VP of Marketing Mary Stanhope talks about how the demand for bandwidth is changing the way service providers deliver broadband services.
    LRTV Interviews
    Colt's Services Chief on Digital Delivery

    7|5|17   |   16:12   |   (0) comments


    Rogier Bronsgeest, the chief customer experience officer (chief CEO!) at Colt, discusses the way in which the service provider interacts with its customers these days and his aggressive net promoter score (NPS) targets.
    Women in Comms Introduction Videos
    BT VP: Women Should Fill Security Talent Gap

    7|5|17   |   6:00   |   (2) comments


    By 2020 there will be six security jobs for every qualified worker, and Kate Kuehn, vice president of Security for BT in the Americas, says BT wants to encourage women to fill the shortage in jobs.
    LRTV Interviews
    Colt Sales Exec on Services Trends

    7|4|17   |   12:59   |   (0) comments


    Colt's sales director for enterprise, James Kershaw, sheds some light on the services currently in demand and how network upgrades are influencing customer demand.
    Upcoming Live Events
    September 28, 2017, Denver, CO
    October 18, 2017, Colorado Convention Center - Denver, CO
    November 1, 2017, The Royal Garden Hotel
    November 1, 2017, The Montcalm Marble Arch
    November 2, 2017, 8 Northumberland Avenue, London, UK
    November 30, 2017, The Westin Times Square
    All Upcoming Live Events
    Infographics
    With the mobile ecosystem becoming increasingly vulnerable to security threats, AdaptiveMobile has laid out some of the key considerations for the wireless community.
    Hot Topics
    Mobile to Power Online Video Consumption – Zenith
    Aditya Kishore, Practice Leader, Video Transformation, Telco Transformation, 7/19/2017
    Can Mushroom Sprout in Crowded SD-WAN Field?
    Carol Wilson, Editor-at-large, 7/18/2017
    AI Will Be Ubiquitous in 2020 but Overhyped in 2017 – Gartner
    Sarah Thomas, Director, Women in Comms, 7/18/2017
    Facing the Facebook Video Threat
    Gary Miles, Chief Marketing Officer, Amdocs, 7/17/2017
    Comcast Accelerates Into 15 IoT Markets
    Mari Silbey, Senior Editor, Cable/Video, 7/18/2017
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    Following a recent board meeting, the New IP Agency (NIA) has a new strategy to help accelerate the adoption of NFV capabilities, explains the Agency's Founder and Secretary, Steve Saunders.
    One of the nice bits of my job (other than the teeny tiny salary, obviously) is that I get to pick and choose who I interview for this slot on the Light Reading home ...
    Animals with Phones
    Fuzzy Quick Fix Click Here
    If you can't access it, is it really broken?
    Live Digital Audio

    Playing it safe can only get you so far. Sometimes the biggest bets have the biggest payouts, and that is true in your career as well. For this radio show, Caroline Chan, general manager of the 5G Infrastructure Division of the Network Platform Group at Intel, will share her own personal story of how she successfully took big bets to build a successful career, as well as offer advice on how you can do the same. We’ll cover everything from how to overcome fear and manage risk, how to be prepared for where technology is going in the future and how to structure your career in a way to ensure you keep progressing. Chan, a seasoned telecom veteran and effective risk taker herself, will also leave plenty of time to answer all your questions live on the air.