& cplSiteName &

Eurobites: Com Hem Sparks Gold Rush

Paul Rainford
7/4/2014
50%
50%

In today's EMEA regional roundup: ISPs sue UK spooks; KPN rolls out WiFi with Fon; more Uber upset.

  • There's no shortage of demand for a stake in Swedish cable operator Com Hem AB . The operator raised 5.67 billion Swedish Krona (US$828 million) in its IPO on June 17 when it listed with a share price of SEK 58, and is now set to bank even more cash through the exercise in full of its over-allotment option. Having issued 97.75 million shares for the IPO, it has now sold a further 9.78 million shares, generating gross proceeds of SEK567 million ($82.8 million). The additional allocation means that Com Hem's largest investor, private equity firm BC Partners, will see its stake reduced from 50% to 47.7%. Com Hem's share price is trading up slightly at SEK 62.95.

  • The UK's intelligence center, GCHQ, has become the subject of a legal complaint filed by an unlikely coalition of ISPs and other assorted bodies, including the German Chaos Computer Club. (Whatever it is, we gotta join.) PC World reports that the complaint -- which is largely based on Snowden-related revelations published in Der Spiegel magazine -- was lodged on Wednesday with the Investigatory Powers Tribunal (IPT).

  • KPN Telecom NV (NYSE: KPN) has started rolling out a WiFi network throughout the Netherlands in partnership with Fon Wireless Ltd. , giving KPN customers free Internet access at thousands of hotspots within the country (as well as at millions of hotspots abroad). It's a busy time for Fon -- earlier this week it announced a deal with Romania's Romtelecom S.A. , and back in May it was signed up as partner by Telstra in Australia. (See Fon, KPN Roll Out WiFi Service, Fon Teams With Romtelecom in Romania, and Telstra Signs Up as Fon Partner .)

  • T-Systems International GmbH , Deutsche Telekom AG (NYSE: DT)'s enterprise services arm, has opened what it says is Germany's largest data center (covering 5,400 square meters), in Biere, near Magdeburg. DT has fitted out an existing T-Systems data center in Magdeburg almost identically, and the two data centers will work as twins, storing data in parallel.

  • Eight bids have been received for the state sale of Telekom Slovenije , reports Telecompaper. Russia's Mobile TeleSystems OJSC (MTS) (NYSE: MBT), Turkcell Iletisim Hizmetleri A.S. (NYSE: TKC), and Deutsche Telekom form the operators' contingent, while financial funds Apollo Global Management, Cinven Ltd. , CVC Capital Partners , PPF Group, Apax Partners , Bain Capital , and Providence Equity Partners make up the remainder. However, there is a chance the privatization may not happen at all: Reuters reports that all new privatizations in Slovenia have been put on hold until a new government is formed after a snap election on July 13.

  • More grist to the 5G mill: Huawei Technologies Co. Ltd. has been elected to join the board of the 5G Infrastructure Association in Europe. The Association represents the 5G Public and Private Partnership (5G-PPP), a €1.4 billion ($1.9 billion) joint initiative between the European technology industry and the European Commission which aims to accelerate the arrival of next-generation networks. (See Huawei Joins 5G Infrastructure Association Board and Prepare for a 5G Onslaught.)

  • Polish cable company Vectra has made a 610 million Polish zloty ($200 million) bid for a 33% stake in telecom operator Netia Holdings SA , reports Bloomberg. Vectra says this is purely a financial investment.

  • Swisscom AG (NYSE: SCM) has been bigging up its credentials as a player in the Swiss cloud market, citing a study carried out by the Experton Group. The operator says it received particularly high scores for its cloud-based infrastructure services, and its services for SMEs. See this press release for more details.

  • You don't want to upset a London cabbie: The Licensed Taxi Drivers Association has filed criminal proceedings in the UK capital against six drivers using the Uber app, reports Bloomberg. It's the latest move from "traditional" taxi drivers who feel that the app is unfair and a threat to their livelihood -- last month the London cabbies combined with their colleagues overseas in a protest that snarled up the streets of some of Europe's major cities.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (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
    Wednesday, August 3, 1:00PM EDT
    The Central Office Re-Architected as a Data Center
    Guru Parulkar, Executive Director, Open Networking Research Center, Open Networking Lab
    UPCOMING COURSE SCHEDULE
    Wednesday, August 10, 1:00PM EDT
    Telcos & Open Source 101
    Phil Robb, Senior Technical Director, OpenDaylight
    Friday, August 12, 1:00PM EDT
    The Role of Open Source in NFV
    Jim Fagan, Director, Cloud Practice, Telstra
    Wednesday, August 17, 1:00PM EDT
    Using Open Source for Data Centers and Cloud Services
    Roz Roseboro, Senior Analyst, Heavy Reading
    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
    Reinventing Operations for a Virtual, Software-Defined World

    7|28|16   |   5:23   |   (0) comments


    Heavy Reading Senior Analyst Jim Hodges speaks with Accenture's Larry Socher and Matt Anderson about what service providers must do to transform their business to get the benefits of SDN and NFV including: leveraging DevOps, introducing real-time OSS and implementing analytics.
    Women in Comms Introduction Videos
    Fujitsu Sales Leader Shares Lessons Learned

    7|27|16   |   5:12   |   (1) comment


    As Fujitsu's only female sales leader, Annie Bogue knows the importance of asking for what you want, being flexible (she's been relocated five times), keeping a meticulous calendar, 'leaning in,' working harder than everyone else around you, being aware and more.
    Telecom Innovators Video Showcase
    VeEX Test & Measurement Solutions

    7|25|16   |   08:57   |   (0) comments


    Cyrille Morelle, president and CEO of VeEX Inc., talks test and measurement with Light Reading's Steve Saunders at BCE 2016. This includes innovative products such as VeSion Cloud-Based platform for network monitoring; MTTplus Modular Test platform for Access, Business, Carrier Ethernet, Transport and Core services; and OPX-BOX+ for Fiber Optics.
    LRTV Custom TV
    VeEX: Live From BCE 2016

    7|25|16   |   03:20   |   (0) comments


    VeEX's Senior Director of Business Development, Perry Romano, explains how VeEX provides tools to help install, maintain, monitor and manage network infrastructure efficiently and effectively. The portfolio of products on display include the RXT-6000, MTTplus and TX300s.
    LRTV Custom TV
    Real-Time Telemetry & Analytics for Intelligent SDN Orchestration

    7|25|16   |   03:09   |   (0) comments


    Packet Design CEO Scott Sherwood discusses how real-time network telemetry and analytics are enabling a new breed of SDN orchestration applications.
    From the Founder
    The Russo Report: Driving Disruption

    7|25|16   |   07:44   |   (0) comments


    In the first episode of a four-part series, Light Reading Founder and CEO Steve Saunders and Calix President and CEO Carl Russo drive around town discussing the disruptive mega-changes in the communications industry and where hope lies for service providers to meet the escalating demands of the cloud.
    LRTV Custom TV
    NetScout: Maximizing Enterprise Cloud for Digital Transformation

    7|20|16   |   04:53   |   (0) comments


    Light Reading Editor Mitch Wagner talks to NetScout CMO Jim McNiel about maximizing the benefits of enterprise cloud and digital transformation while minimizing potential pitfalls with a proper monitoring and instrumentation strategy.
    Women in Comms Introduction Videos
    Ciena's VP Offers a Career Crash Course

    7|20|16   |   4:14   |   (2) comments


    How did Ciena's Vice President of Sales, Angela Finn, carve out her career path? Simple, she tells WiC. She stayed true to her company, customers and principles. She shares her advice for women on how to be authentic and credible, as well as for companies that want to make a real change to their culture and practices.
    LRTV Custom TV
    NFV in 2016: Part 2 – Climbing the Virtualization Maturity Curve

    7|19|16   |   06:56   |   (0) comments


    Many of the initial use case implementations are single-vendor and self-contained. The industry is still climbing the virtualization maturity curve, needing further clarity and stability in the NFV infrastructure (NFVi) and greater availability and choice of virtualized network functions (VNFs). Interoperability between NFVis and VNFs from different vendors ...
    Telecom Innovators Video Showcase
    Versa Networks' Kumar Mehta on SD-WAN Managed Services

    7|19|16   |     |   (0) comments


    In Silicon Valley, Steve Saunders sits down with Versa's Kumar Mehta for an interview focused on why service providers are building SD-WAN managed services, and how Versa's telco customers are innovating.
    LRTV Custom TV
    Juniper Networks & The Evolution of NFV

    7|19|16   |   06:01   |   (0) comments


    Senior Juniper Networks executives talk to Light Reading Founder & CEO Steve Saunders about NFV developments and the recent independent evaluation by test lab EANTC of Juniper's Cloud CPE solution.
    LRTV Interviews
    CenturyLink Goes Beyond Managed WiFi

    7|19|16   |     |   (0) comments


    CenturyLink's managed WiFi allows enterprises, such as retailers and resorts, to track guest WiFi usage in order to help them better communicate with customers.
    Upcoming Live Events
    September 13-14, 2016, The Curtis Hotel, Denver, CO
    November 3, 2016, The Montcalm Marble Arch, London
    November 30, 2016, The Westin Times Square, New York City
    December 6-8, 2016,
    May 16-17, 2017, Austin Convention Center, Austin, TX
    All Upcoming Live Events
    Infographics
    Five of the Top 10 most targeted countries in Check Point Software Technologies' global Malware & Threat Index for Q1 2016 are in Africa.
    Hot Topics
    Verizon Sports Big Plans for Yahoo
    Alan Breznick, Cable/Video Practice Leader, Light Reading, 7/26/2016
    Light Reading Beyond
    Steve Saunders, CEO and founder, Light Reading, 7/28/2016
    Are IP/Optical Integration Initiatives Moving to Silos?
    Faisal Khan, Network Operator Technology Planning Dept., 7/28/2016
    Yahoo Signing Off in $4.83B Sale to Verizon
    Mari Silbey, Senior Editor, Cable/Video, 7/25/2016
    Ericsson Board Has Been Asleep at the Wheel – Consultant
    Ray Le Maistre, Editor-in-chief, 7/25/2016
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    There's no question that, come 2020, 5G technology will turn the world's conception of what mobile networking is on its head. Within the world of 5G development, Dr. ...
    I've enjoyed interviewing many interesting people since I rejoined Light Reading, but William A. "Bill" Owens certainly takes the biscuit, as we say where I come from.
    Animals with Phones
    Live Digital Audio

    Our world has evolved through innovation from the Industrial Revolution of the 1740s to the information age, and it is now entering the Fourth Industrial Revolution, driven by technology. Technology is driving a paradigm shift in the way digital solutions deliver a connected world, changing the way we live, communicate and provide solutions. It can have a powerful impact on how we tackle some of the world’s most pressing problems. In this radio show, Caroline Dowling, President of Communications Infrastructure & Enterprise Computing at Flex, will join Women in Comms Director Sarah Thomas to discuss the impact technology has on society and how it can be a game-changer across the globe; improving lives and creating a smarter world. Dowling, a Cork, Ireland, native and graduate of Harvard Business School's Advanced Management Program, will also discuss her experience managing an international team focused on innovation in an age of high-speed change.