& cplSiteName &

Euronews: Com Hem Edges Towards IPO

Paul Rainford
1/24/2014
50%
50%

Also in today's EMEA regional roundup: Telefónica refinances; KPN faces €30 million fine; Ziggo latest; BT invests in urban fiber.

  • The management of Sweden's largest cable operator, Com Hem AB , are in talks with its owner, private equity firm BC Partners , about a possible IPO, according to a Bloomberg report. Com Hem made the news earlier this week by announcing that all of its TiVo subscribers could access Netflix, the movie streaming service. (See Com Hem Rolls Out Netflix.)

  • Telefónica SA (NYSE: TEF) is looking to refinance €5 billion (US$6.8 billion) of debt with a view to some potential M&A action in Brazil, according to a Reuters report that cites Expansion. Last year the Spanish giant chipped away at its debt pile by selling a 40% stake in its operations in several Central American countries for $500 million. (See Euronews: Telefónica Raises $500M in Asset Sale.)

  • Dutch incumbent KPN Telecom NV (NYSE: KPN) has been hit with a monster €30 million ($41 million) fine by the domestic regulator for preventing fair competition in a contract tender, reports Reuters. The government contract, worth around €140 million ($191 million), eventually went to Tele2.

  • Still in the Netherlands, Dutch cable operator Ziggo B.V. , which looks likely to fall into Liberty Global Inc. (Nasdaq: LBTY)'s hands before too long, reported fourth-quarter earnings up 2.1% year-on-year to €222.8 million ($305 million). Liberty Global already owns slightly less than 30% of Ziggo.

  • BT Group plc (NYSE: BT; London: BTA) is investing an additional £50 million ($83 million) in its FTTx rollout, focusing on city cabinets that serve multi-dwelling units and laying fiber to new-build sites in cities. The investment will be spread over the next three years, and forms part of the state-aided BDUK program. (See BT Pledges £50M More to FTTx.)

  • CGT, the French labor union that counts many employees of Orange (NYSE: FTE) among its number, has proposed a mass strike on February 6. And remember, nobody does a strike quite like the French, especially when tractors are involved…

  • Nokia Networks , which revealed its fourth-quarter financials this week, has been chosen as the sole 4G network supplier by Finland's Elisa Corp. in a five-year deal. Under the terms of the contract, NSN will upgrade its NetAct network management system to integrate Elisa's LTE network into its existing framework, as well as implementing its Flexi Multiradio 10 basestations. (See NSN Wins 4G Deal at Elisa .)

  • As if we need another virtual currency after the Bitcoin bit some bums… German gaming company Goodgame Studios has teamed up with NTT DoCoMo Inc. (NYSE: DCM) to dish out "dcoins" to gamers after they download "Empire: Four Kingdoms," which, apparently, has become the most downloaded social game in the Japanese App Store.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (5)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    kingcharles
    50%
    50%
    kingcharles,
    User Rank: Lightning
    1/26/2014 | 2:09:14 PM
    Re: Com Hem IPO
    There is a reason for NSN to drop Siemens from the name...

    And by doing so forcing all customers to do the same in their networks :(
    albreznick
    50%
    50%
    albreznick,
    User Rank: Blogger
    1/26/2014 | 1:46:36 PM
    Re: Com Hem IPO
    Wow. Say more. Is the Siemens equipment really that bad? 
    kingcharles
    50%
    50%
    kingcharles,
    User Rank: Lightning
    1/24/2014 | 3:52:37 PM
    Re: Com Hem IPO
    I guess they need money to replace their Siemens crap...
    albreznick
    50%
    50%
    albreznick,
    User Rank: Blogger
    1/24/2014 | 12:18:17 PM
    Ziggo earnings
    Sounds like a decentearnings report for Ziggo. I wonder if it will help Ziggo improve its bargaining position within the ever-expanding Liberty Global empire once the deal closes.    
    albreznick
    50%
    50%
    albreznick,
    User Rank: Blogger
    1/24/2014 | 12:15:39 PM
    Com Hem IPO
    So another European MSO is looking at going public. Jeez, Paul, is there something in the water on your side of the Atlantic or what? Who's left?  
    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 Interviews
    No Stopping Cable's Ethernet Gains

    12|9|16   |     |   (0) comments


    Vertical Systems' Erin Dunne explains why US cable operators, which now command a record-high 26% of the Ethernet market, will keep boosting their share.
    LRTV Interviews
    Fixing IoT Security Is an Ecosystem Challenge

    12|9|16   |   05:34   |   (1) comment


    Level 3 Communications' Chief Security Officer Dale Drew says service providers, manufacturers and even consumers must combine to halt massive DDoS attacks using IoT devices in botnets. The solution he has in mind includes reputation-based routing by the service provider but also more secure endpoint devices and greater consumer awareness.
    LRTV Interviews
    Cox Clears $2B in Business Revenue

    12|8|16   |     |   (0) comments


    Cox's Jeff Breaux discusses how the third-largest US MSO will reach the $2 billion revenue mark this year and plans to hit $3 billion by 2021
    LRTV Interviews
    Can Cable Climb Upmarket?

    12|7|16   |     |   (0) comments


    Carol Wilson and Alan Breznick assess cable's prospects for winning more enterprises in a landscape rocked by corporate M&A activity.
    Women in Comms Introduction Videos
    TalkTalk Exec: Find Your North Star at Work

    12|7|16   |   3:38   |   (1) comment


    Women need to find their purpose, a professional North Star, and create a personal board for themselves, according to Alex Tempest, director of partners at TalkTalk Business.
    LRTV Interviews
    Verizon: Beware Unknown Unknowns

    12|7|16   |   04:58   |   (0) comments


    Chris Novak, director of the Verizon Enterprise Solutions Risk Team, explains that enterprises who don't conduct a thorough audit of their assets often leave some things unprotected because they don't know they exist. Many times these unprotected assets are part of corporate M&A activity but left unshielded they can become a hacker's playground, he tells Light ...
    LRTV Interviews
    ETSI's CTO Talks NFV, 5G & NGP

    12|5|16   |   09:45   |   (0) comments


    Adrian Scrase, CTO at standards body ETSI, talks about the various initiatives and specifications developments related to NFV, 5G and NGP (next-generation protocols) that will underpin next-gen networks.
    Women in Comms Introduction Videos
    Korn Ferry Consultant: How to Find, Cultivate & Be the Best Talent

    11|30|16   |   4:10   |   (2) comments


    Erin Callaghan, a managing consultant for Korn Ferry Futurestep, shares strategies for companies to improve how they recruit and for women to ensure they don't get lost in the pipeline.
    LRTV Custom TV
    We Can Make the World More Sustainable

    11|29|16   |     |   (0) comments


    GeSI is a global e-Sustainability Initiative organization bringing together 40 big multinational companies around the world. According to GeSI's report, information and communication technology can make the world more sustainable. Luis Neves, chairman of GeSI, shared with us his opinion at Ultra-broadband Forum (UBBF2016).
    LRTV Custom TV
    Finding a New Way to Engage Customers & Drive Revenue

    11|29|16   |     |   (0) comments


    Mobile revenues are declining. Digicel, a player in the Caribbean telecommunications/entertainment space, has found a new way to engage customers and drive revenue. John Quinn, CTO of Digicel, shared with us its story at Ultra-broadband Forum (UBBF2016)
    LRTV Custom TV
    Do You Really Need Gigabit Infrastructure?

    11|29|16   |     |   (0) comments


    Altibox is the biggest fiber-to-the-home (FTTH) player and the largest provider of video and TV in Norway. They started out with zero customers in 2002. Now they have close to half a million households and companies attached to their FTTH business. Nils Arne, CEO of Altibox shared with us their story and insight on 5G at Ultra-broadband Forum (UBBF2016).
    LRTV Custom TV
    BT’s Openreach Strategy & Its Updates in 2016

    11|29|16   |     |   (0) comments


    A lot of developments at Openreach this year in terms of strategy and planned investments. Peter Bell, CIO of Openreach BT, shared with us the updates of Openreach at Ultra-broadband Forum (UBBF2016).
    Upcoming Live Events
    May 16-17, 2017, Austin Convention Center, Austin, TX
    All Upcoming Live Events
    Infographics
    Hot Topics
    Cable Nodes Becoming a Choke Point
    Brian Santo, Senior editor, Test & Measurement / Components, Light Reading, 12/5/2016
    Consolidated Snaps Up Fairpoint for $1.5B
    Iain Morris, News Editor, 12/5/2016
    Small Arctic ISP Caches Netflix in New Way
    Mari Silbey, Senior Editor, Cable/Video, 12/7/2016
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    Eyal Waldman, CEO of Mellanox Technologies, speaks to Steve Saunders, CEO of Light Reading, for an exclusive interview about the 100 GB cable challenge, cybersecurity and much more.
    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
    A Mobile Safari Click Here
    Literally.
    Latest Comment
    Live Digital Audio

    Even when there's a strong pipeline of female talent in the comms industry, it tends to leak all the way to the top. McKinsey & Company says women experience pipeline leakage at three primary points: being unable to enter, being stuck in the middle or being locked out of the top. Each pipeline pain point presents its own challenges, but also opportunities to stop the leak. Wireless operator Sprint is making a conscious effort to improve its own pipeline from new recruits to the C-suite, and it wants the rest of the industry to do the same. In this Women in Comms radio show, WiC Board Member and Sprint Vice President of Enterprise Sales Nelly Pitocco will give us her take on the industry's pipeline challenges. Pitocco, who joined Sprint in May and has spent 20 years in the comms industry, will also offer solutions, share how Sprint is tackling the challenge within its own organization and take your questions live on air.