& cplSiteName &

Euronews: AlcaLu Sells India Unit

Paul Rainford
2/5/2013
50%
50%

Alcatel-Lucent, Virgin Media Inc., Liberty Global Inc., KPN Telecom NV and ARM Ltd. take center stage in today's EMEA headline drama.

  • Alcatel-Lucent is selling its 74 percent stake in Alcatel Lucent Managed Network Service India, the joint venture set up in 2009 with Bharti Airtel Ltd. to manage the Indian operator's fixed line and broadband access network, to its JV partner. Bharti Airtel wants total ownership so it can pursue a new fixed line network asset strategy that could involve sharing its network with other infrastructure owners. Financial details were not disclosed. AlcaLu recently announced a $1 billion managed services deal with Airtel's main fixed broadband access rival, Reliance Communications Ltd. (RCom). (See Alcatel-Lucent Wins $1B Deal in India and AlcaLu, Bharti Form Joint Venture.)
  • U.K. cable operator Virgin Media is in talks about a possible takeover by Liberty Global, the U.S. cable giant that is looking to extend its European reach, reports Bloomberg. No financial details were disclosed. Liberty Global recently expanded its European empire by taking a controlling stake in Belgium's Telenet. (See Liberty, Virgin Media in Takeover Talks and Liberty Global Bids $2.5B for Telenet.)
  • Dutch incumbent KPN could only manage a €160 million (US$216 million) loss in the fourth quarter, compared with a profit of €176 million ($238 million) in the same period a year earlier. To help ease the strain on its balance sheet the operator has launched a €4 billion ($5.4 billion) rights issue, subject to shareholder approval. CEO Eelco Blok blamed "adverse macro-economic conditions" and intensified competition in the mobile sector for the disappointing results. (See Euronews: Slim's Stealthy Expansion.)
  • U.K. chip firm ARM is flourishing in what its CEO calls the "post PC era," seeing its fourth-quarter pre-tax profits rise 16 percent year-on-year to £80 million ($126 million) on revenues of £164.2 million ($262.8 million). In the fourth quarter ARM signed 36 processor licenses across a range of devices and applications and shipped 2.5 billion chips.
  • Portugal Telecom SGPS SA has struck a deal with Powa Technologies Ltd., a British e-commerce outfit, to deploy on its mobile network a small credit card reader that connects to smartphones via Bluetooth. This, reports the Financial Times (subscription required), enables, for example, tradespeople to accept card payments on the hoof via their mobiles.
  • Net profits in the fourth quarter were halved year-on-year at Nordic mobile operator Tele2 AB, slumping to 565 million Swedish kronor ($89.4 million) on revenues of SEK11.27 billion ($1.78 billion). Maturing markets in the formerly happy hunting grounds of Sweden and Russia form part of the problem for Tele2. — Paul Rainford, Assistant Editor, Europe, Light Reading

    (2)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    ^ip4g^
    50%
    50%
    ^ip4g^,
    User Rank: Lightning
    2/7/2013 | 3:16:02 PM
    re: Euronews: AlcaLu Sells India Unit
    Would ALU India be categorizing bharti jv as red and rcom as green, and hence exiting- I doubt.
    Btw - AlcaLu sells India unit sounds a misnomer to me .....
    Ray Le Maistre
    50%
    50%
    Ray Le Maistre,
    User Rank: Light Sabre
    2/5/2013 | 1:28:06 PM
    re: Euronews: AlcaLu Sells India Unit
    That AlcaLu deal with Bharti Airtel, for which the JV was set up, was due to be worth $500 million over 5 years to the vendor. Bharti says it's buying ALU out because it is setting up a new model in India to enable shared fixed networks but I wonder if this was one of the managed services deals that the ALU team identified as non-profitable and therefore prime for the axe?-á
    From The Founder
    Cisco's Conrad Clemson, recently promoted to head up the company's Service Provider Apps & Platforms developments, talks to Light Reading's Founder and CEO Steve Saunders about how he's bringing cloud video, mobile and virtualization together to empower network operators.
    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 Documentaries
    YouTube Takes on Facebook Live-Streaming

    2|17|17   |     |   (0) comments


    Popular 'YouTubers' will be the first to get the new service on their smartphones. You have been warned.
    LRTV Custom TV
    Open Source NFV/SDN Automation

    2|17|17   |   05:54   |   (0) comments


    AT&T ECOMP (Enhanced Control, Orchestration, Management and Policy) code is transitioning into the Linux Foundation for placement into open source. In this video, Carol Wilson provides an update on the maturation of open source ECOMP and meets with industry leaders from AT&T, Bell Canada, Orange, Linux Foundation and Amdocs to discuss what this means for the ...
    LRTV Documentaries
    Uber & NASA Collaborate on Flying Car Project

    2|16|17   |     |   (0) comments


    Is Uber for real? Well, it's hired NASA engineer Mark Moore to lead the project, and he wouldn't come cheap.
    LRTV Documentaries
    Zuckerberg Tries Out the Oculus Rift VR Glove

    2|15|17   |     |   (0) comments


    Facebook CEO shows off a new way to interact with the Oculus Rift virtual reality headset: an Oculus glove.
    LRTV Custom TV
    Huawei Digital Transformation Forum 2017

    2|10|17   |     |   (0) comments


    Here's a preview of the upcoming Huawei Digital Transformation Forum taking place in Barcelona with trending telecom topics like cloud, IoT, 5G and much more!
    Telecom Innovators Video Showcase
    Dan Sahar of Qwilt on Open Edge Cloud Platform

    2|8|17   |   08:38   |   (0) comments


    Dan Sahar, Qwilt's co-founder, sits down with Steve Saunders of Light Reading for a conversation about Qwilt's Open Edge Cloud platform and the new role of service providers in application and content delivery.
    LRTV Documentaries
    ZeroStack's 'Self-Driving Cloud'

    2|7|17   |   01:09   |   (0) comments


    Its Z-Brain tech automates day-to-day management and long-term planning for hybrid clouds.
    Telecom Innovators Video Showcase
    Nominum's Craig Sprosts on DNS & Cybersecurity Trends

    2|7|17   |     |   (0) comments


    Nominum's Craig Sprosts talks about the fast-changing landscape of cybersecurity with Steve Saunders of Light Reading. Sprosts touches on the trend of the rise of ransomwares, rivals of IoT base attacks, and mobile network security. He also discusses the realization of the importance of IoT security after a recent cyber attack that paralyzed several major ...
    LRTV Documentaries
    China Moves Towards Mixed Ownership of Telcos

    2|1|17   |   01:10   |   (0) comments


    Chinese authorities are promoting new ownership models in order to raise capital.
    Shades of Ray
    What to Expect at MWC 2017

    1|31|17   |     |   (0) comments


    5G is set to dominate as the key buzz term at this year's Mobile World Congress but there are other pressing 4G matters to address.
    Telecom Innovators Video Showcase
    Versa: A Lot More Than SD-WAN

    1|31|17   |     |   (0) comments


    Kelly Ahuja, the new CEO of Versa Networks, speaks with Steve Saunders of Light Reading about how Versa offers much more than just SD-WAN, and its plan to grow market adoption in 2017.
    LRTV Documentaries
    Facebook Gets Physical With Its Security Strategy

    1|31|17   |   00:48   |   (0) comments


    Facebook has introduced new measures that will enable users to secure access to their accounts using a physical 'key' application.
    Upcoming Live Events
    March 21-22, 2017, The Curtis Hotel, Denver, CO
    March 22, 2017, The Curtis Hotel, Denver, CO
    March 22, 2017, The Curtis Hotel, Denver, CO
    May 15-17, 2017, Austin Convention Center, Austin, TX
    May 15, 2017, Austin Convention Center - Austin, TX
    June 6, 2017, The Joule Hotel, Dallas, TX
    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
    T-Mobile CEO: M&A Coming but Not Quite Yet
    Dan Jones, Mobile Editor, 2/14/2017
    Is the Time Right for a Cisco/Ericsson Wedding?
    Ray Le Maistre, Editor-in-chief, 2/17/2017
    Nice to See at Least One CSP Taking My Advice
    Mitch Wagner, Editor, Enterprise Cloud, 2/17/2017
    Charter Launches 5G Field Trials
    Mari Silbey, Senior Editor, Cable/Video, 2/16/2017
    Cloudifying the Communications Network
    Prayson Pate, CTO, Ensemble, ADVA Optical Networking, 2/16/2017
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    Light Reading founder and CEO Steve Saunders chats with Sportlogiq CEO Craig Buntin about sports data analysis.
    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.
    Animals with Phones
    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.