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.)
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.
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
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
Understanding the full experience of women in technology requires starting at the collegiate level (or sooner) and studying the technologies women are involved with, company cultures they're part of and personal experiences of individuals.
During this WiC radio show, we will talk with Nicole Engelbert, the director of Research & Analysis for Ovum Technology and a 23-year telecom industry veteran, about her experiences and perspectives on women in tech. Engelbert covers infrastructure, applications and industries for Ovum, but she is also involved in the research firm's higher education team and has helped colleges and universities globally leverage technology as a strategy for improving recruitment, retention and graduation performance.
She will share her unique insight into the collegiate level, where women pursuing engineering and STEM-related degrees is dwindling. Engelbert will also reveal new, original Ovum research on the topics of artificial intelligence, the Internet of Things, security and augmented reality, as well as discuss what each of those technologies might mean for women in our field. As always, we'll also leave plenty of time to answer all your questions live on the air and chat board.