Light Reading

Euronews: ONO Snubs Vodafone, Opts for IPO

Paul Rainford
2/12/2014
50%
50%

Also in today's EMEA regional roundup: Telenor holds its own; Dutch do their own metadata-snooping; Brussels gets 4G.

  • Spanish cable operator ONO is pushing ahead with plans for an IPO, snubbing the advances of Vodafone Group plc (NYSE: VOD), which was said to have already contacted shareholders with a view to making a bid. Bloomberg reports that ONO's private equity shareholders will meet on March 13 to approve the IPO. ONO is hoping for a valuation in the range of €7 billion (US$9.5 billion) to €8 billion ($10.9 billion). (See Euronews: Vodafone Homes In On ONO and Euronews: Spain's ONO Mulls IPO.)

  • It's a case of "steady as she goes" at Norway-based Telenor ASA (Nasdaq: TELN), which saw fourth-quarter organic revenues rise 1% year-on-year to 27.61 billion Norwegian kroner ($4.5 billion), while EBITDA (earnings before interest, tax, depreciation and amortization) rose 9.6% to NOK8.99 billion ($1.46 billion). India, Pakistan, and Bangladesh were the main growth areas for the operator, though things proved tougher in Eastern Europe. (See Telenor Boasts Improved Margins for 2013.)

  • NSA not to blame for data intercepts shocker! A Dutch cabinet minister has found himself in hot water for pinning the blame for metadata-snooping in the Netherlands on the US intelligence agency, when it was actually home-grown data-eavesdroppers at work, reports Reuters. (See Euronews: Prism Prompts EU Data Rethink and Prism in a Big Data World.)

  • Newly privatized BSS vendor AsiaInfo Inc. (Nasdaq: ASIA) has opened an office in Copenhagen, Denmark, the primary purpose of which is to support its contract with Telenor. (See AsiaInfo-Linkage Goes Private and What's Driving OSS/BSS Growth?)

  • After a long delay caused by regulatory hurdles relating to radio emissions, the city of Brussels has finally got a 4G network, reports Reuters. Belgacom SA (Euronext: BELG) launched the network, which will initially only cover the suburbs of the city, on Tuesday.

  • ACOnet, the Austrian Academic Computer Network, has completed trials of ADVA Optical Networking (Frankfurt: ADV) 's 100G Metro, over a link that connected the University of Salzburg with its counterpart in Vienna. The aim of the trial was to find out if ACOnet could use 100G technology to transport data both domestically and internationally. (See ACOnet Trials ADVA's 100G Metro Gear.)

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (5)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View
    DHagar
    50%
    50%
    DHagar,
    User Rank: Light Sabre
    2/14/2014 | 6:31:23 PM
    Eruonews: ONO Snubs Vodafone, Opts for IPO
    @albreznick - Time will clearly tell how good they are.  My view was that they believe they are good enough to deliver and/or create new value.  They are betting on their abilities, so we will see.

    DHagar
    albreznick
    50%
    50%
    albreznick,
    User Rank: Blogger
    2/14/2014 | 6:24:48 PM
    Re: Euronews: ONO Snubs Vodafone, Opts for IPO
    How much more value do you think they can create for themselves? How good an operator is ONO? 
    albreznick
    50%
    50%
    albreznick,
    User Rank: Blogger
    2/14/2014 | 6:23:21 PM
    Re: Poor Liberty Global and Vodafone
    Or maybe they're just hoping for a bidding war to erupt between the two giants. 
    DHagar
    50%
    50%
    DHagar,
    User Rank: Light Sabre
    2/12/2014 | 4:53:48 PM
    Euronews: ONO Snubs Vodafone, Opts for IPO
    @TaraSeals, sounds like a smart move where they establish the value they hold in the market and then create additional value/demand and market share.

    DHagar
    TaraSeals
    50%
    50%
    TaraSeals,
    User Rank: Light Sabre
    2/12/2014 | 3:50:38 PM
    Poor Liberty Global and Vodafone
    Looks like ONO believes that the valuations in the market will hold! 
    Flash Poll
    From The Founder
    Networks of the future will rely on "white box" switches and servers rather than proprietary hardware and that's going to alter the shape of the communications industry. Who says so? John Chambers.
    LRTV Huawei Video Resource Center
    Huawei Intros Smart Device for eLTE

    3|30|15   |   05:25   |   (0) comments


    Huawei has developed a secure, location-aware multimedia smartphone for its eLTE trunked radio solution, says Huawei's Norman Frisch.
    LRTV Huawei Video Resource Center
    Win Video, Win All

    3|30|15   |   06:44   |   (0) comments


    Video is going to be the next main source of revenue for operators. Operators have big opportunities and advantages to monetize video services. Globally, Huawei has helped more than 70 operators achieve over 30 million video subscribers. Watch this video for more.
    LRTV Custom TV
    The Benefits of HyperScale Clouds for NFV

    3|27|15   |   01:50   |   (0) comments


    Hyperscale cloud has been developed by the Internet giants to support the creation and delivery of software-based services at blistering speeds, and at the lowest possible cost. The original ETSI NFV vision was to adopt hyperscale cloud architecture and practices. This vision has become somewhat obscured along the way, due to misunderstandings about the hyperscale ...
    LRTV Huawei Video Resource Center
    eLTE Rapid Meets the Need for Speed

    3|26|15   |   4:45   |   (0) comments


    Designed especially for emergency and dedicated ad hoc local mobile communications coverage, Huawei's eLTE Rapid solution can deliver trunked voice, video and data coverage for multiple users over a 6km range and be set up in just 15 minutes, explains Huawei's Norman Frisch.
    LRTV Huawei Video Resource Center
    On Videos: Challenges & Opportunities

    3|26|15   |   5:56   |   (0) comments


    Most everything is now connected. And along with 4K and 4G technologies, everyone could be creating and broadcasting video contents. Users are expecting better video experience with any screen, anywhere and anytime. Operators will meet new challenges, but also see some big opportunities.
    LRTV Custom TV
    JDSU: Delivering Dynamic Networks for a Personalized Experience

    3|26|15   |   5:59   |   (0) comments


    Light Reading speaks to JDSU at Mobile World Congress 2015 about new solutions in the areas of HetNets, VoLTE, backhaul, virtualization, big data analytics, and real-time intelligence.
    LRTV Custom TV
    Smarter Service Chaining & New Ways to Benefit From Qosmos Technology

    3|25|15   |   03:11   |   (0) comments


    David Le Goff, director of strategic and product marketing at Qosmos, explains how the company has added application awareness to subscriber information to make service chaining more efficient and reduce costs for networking and infrastructure. In addition, Qosmos technology, which has been delivered as C libraries, is now also available as a virtual machine, ...
    Between the CEOs
    Qosmos CEO: The Changing Face of DPI

    3|24|15   |   13:53   |   (0) comments


    LR CEO and Founder Steve Saunders sits down with the head of Qosmos to talk about the changing state of the art in deep packet inspection technology, including its role in SDN and NFV architectures. Also, how the comms market is becoming more like the automotive industry.
    LRTV Huawei Video Resource Center
    FC Schalke Scores With Its Agile Stadium

    3|24|15   |   6:23   |   (0) comments


    Top German soccer club FC Schalke 04 has deployed a new, agile WiFi network from Huawei in its Veltins-Arena stadium and is reaping the benefits in terms of customer satisfaction and business opportunities, explains marketing chief Alexander Jobst.
    LRTV Huawei Video Resource Center
    Huawei’s Insights on Mobile Video

    3|24|15   |   7:51   |   (0) comments


    More people than ever are now watching videos on smartphones. Seventy percent of mobile traffic will be video traffic until 2018. In this video, Huawei's exports give their insights on mobile video in terms of business model, network planning and 4G network construction.
    LRTV Documentaries
    The Rise of Industry 4.0

    3|24|15   |   02:26   |   (9) comments


    Are you ready for the fourth industrial revolution? It's a big deal for influential operators such as Deutsche Telekom.
    LRTV Huawei Video Resource Center
    Getting Connected With eLTE

    3|23|15   |   06:04   |   (0) comments


    Trunked radio communications have entered the 4G LTE world, and with Huawei's eLTE solution, can now deliver a full range of data and video services as well as push-to-talk voice, explains Huawei's Norman Frisch.
    Upcoming Live Events
    April 14, 2015, The Westin Times Square, New York City, NY
    May 5, 2015, Hyatt McCormick Place, Chicago, IL
    May 6, 2015, Georgia World Congress, Atlanta, GA
    May 12, 2015, Grand Hyatt, Denver, CO
    May 13-14, 2015, The Westin Peachtree, Atlanta, GA
    June 8, 2015, Chicago, IL
    June 9-10, 2015, Chicago, IL
    June 9, 2015, Chicago, IL
    June 10, 2015, Chicago, IL
    September 29-30, 2015, The Westin Grand Müchen, Munich, Germany
    All Upcoming Live Events
    Hot Topics
    AT&T Woos SMBs With Small-Scale WiFi
    Sarah Thomas, Editorial Operations Director, 3/26/2015
    Just Don't Say IBM Is 'Relaunching' Networking Business
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 3/26/2015
    TV Everywhere Nears Mainstream Adoption
    Mari Silbey, Independent Technology Editor, 3/27/2015
    Carriers Are Bright Spot in BlackBerry Q4
    Sarah Thomas, Editorial Operations Director, 3/27/2015
    Comcast Says TWC Deal Will Close Later
    Mari Silbey, Independent Technology Editor, 3/26/2015
    Like Us on Facebook
    Twitter Feed
    Webinar Archive
    BETWEEN THE CEOs - Executive Interviews
    LR CEO and Founder Steve Saunders sits down with the head of Qosmos to talk about the changing state of the art in deep packet inspection technology, including its role in SDN and NFV architectures.
    Chattanooga’s EPB publicly owned utility comms company has become a poster child for how to enable a local economy using next-gen networking technology. Steve Saunders, Founder of Light Reading, sits down with Harold DePriest, president and CEO of EPB, to learn how EPB is bringing big time tech to small town America.
    Cats with Phones
    Interspecies Phone Love Click Here
    "No, you hang up."
    "No, YOU hang up."
    Latest Comment