& 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
    Kicking off BCE 2017, Light Reading founder Steve Saunders lays blame for NFV's slow ramp-up and urges telecom to return to old-fashioned standards building and interoperability.
    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
    Masergy: It's Time for SD-WAN Options

    6|28|17   |   03:09   |   (0) comments


    Paul Ruelas, director of network products for Masergy, explains how adding SD-WAN has changed the service mix for his company's customers. In some cases, the change is incremental, enabling more granular customer control. Masergy's newest version, SD-WAN Go, gives up some of those controls for a streamlined version targeting mid-sized customers with the most ...
    Women in Comms Introduction Videos
    Intel Ushers in the Revolutionary 5G Era

    6|28|17   |   5:00   |   (1) comment


    5G will bring job opportunities for women in telco and IT, as well as a whole new era of communications for consumers and industries of all kinds, says Caroline Chan, vice president and general manager of the 5G Infrastructure Division at Intel.
    LRTV Custom TV
    VeEX at ANGA COM

    6|27|17   |     |   (0) comments


    At ANGA COM 2017, Cyrille Morelle, president and CEO of VeEX, updates Alan Breznick with VeEX's new products and technology. This includes VeSion cloud-based platform for network monitoring, AT2500-3G advanced spectrum analyzer and MTTplus-900 WiFi Air Expert module. He also comments on DOCSIS 3.1 deployment and Remote PHY technology.
    LRTV Custom TV
    The Overall Objective Is to Win the Game

    6|26|17   |     |   (0) comments


    SCTE•ISBE's Chris Bastian discusses Energy 2020's success to date and the importance of a flexible approach that allows for changes in specific strategies in order to reach significant milestones.
    LRTV Interviews
    CenturyLink: Let's Get Past SD-WAN Hype

    6|23|17   |   04:02   |   (0) comments


    Technology becomes a "shiny object" unless it's properly focused on solving business needs for enterprise customers, says Bill Grubbs, network solutions architect for CenturyLink. He explains to Light Reading why SD-WAN deployments have to be tailored to specific needs – and more.
    Women in Comms Introduction Videos
    Infinera's Sales Director Paints Tech's Big Picture

    6|21|17   |   4:14   |   (1) comment


    Shannon Williams, Infinera's director of sales, shares how she achieves work's many balancing acts -- between her role and the broader company, today and tomorrow's tech and more.
    LRTV Custom TV
    SD-WAN Innovation & Trends

    6|20|17   |     |   (0) comments


    Versa CEO Kelly Ahuja discusses with Carol Wilson the current status and trends in the SD-WAN market, Versa's innovation around building a software platform with broad contextualization, and the advantages that startups can bring to the SD-WAN market.
    LRTV Interviews
    Ovum's Dario Talmesio on 5G in Europe

    6|20|17   |   02:16   |   (0) comments


    At 5G World 2017, Dario Talmesio, principal analyst and practice leader on Ovum's fixed and mobile telecoms European team, explains the emerging trends amongst European operators as they prepare for 5G.
    LRTV Custom TV
    Putting Power on a Pedestal

    6|19|17   |     |   (0) comments


    ARRIS's John Ulm says a major accomplishment of SCTE•ISBE's Energy 2020 program is increased focus on power cost and consumption, including inclusion of energy requirements in operators' RFPs and RFIs.
    LRTV Custom TV
    Gigabit Access: The Last-Mile Pipe for All Future Services

    6|19|17   |     |   (0) comments


    A Gigabit access platform being deployed today must be able to deliver all types of services to an increasing number of devices. A non-blocking architecture is necessary to support the ever-increasing growth in bandwidth demand. The Huawei Gigabit access solution is based on a distributed design that is fully scalable to deliver a unprecedented performance.
    LRTV Custom TV
    Key Factors to Successfully Deploy an SD-WAN Service

    6|19|17   |     |   (0) comments


    As service providers transition their SD-WAN solution from trials and limited deployments into production at large scale, there are important considerations to successfully operationalize these solutions and realize their full potential, without adding complexity, introducing uncertainty or disrupting current business operations. Sunil Khandekar, CEO and Founder ...
    LRTV Custom TV
    IoT Solutions: Rational Exuberance

    6|19|17   |     |   (0) comments


    IoT solutions are morphing from hype into viable business opportunities. Huawei has the platform and ecosystem support to help carriers successfully address new business opportunities in the IoT space.
    Upcoming Live Events
    October 18, 2017, Colorado Convention Center - Denver, CO
    November 1, 2017, The Montcalm Marble Arch
    November 1, 2017, The Montcalm Marble Arch
    November 2, 2017, 8 Northumberland Avenue, London, UK
    November 30, 2017, The Westin Times Square
    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
    No Imagination: UK Chip Biz Goes Up for Sale
    Iain Morris, News Editor, 6/22/2017
    Does AT&T Deserve Time Warner?
    Mari Silbey, Senior Editor, Cable/Video, 6/23/2017
    Hulu Is Greatest Threat to Pay-TV Providers – Study
    Aditya Kishore, Practice Leader, Video Transformation, Telco Transformation, 6/27/2017
    Calix: Russo's Not-So-Overnight Success?
    Carol Wilson, Editor-at-large, 6/28/2017
    Verizon Takes 'One Fiber' to More Cities
    Mari Silbey, Senior Editor, Cable/Video, 6/22/2017
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    Following a recent board meeting, the New IP Agency (NIA) has a new strategy to help accelerate the adoption of NFV capabilities, explains the Agency's Founder and Secretary, Steve Saunders.
    One of the nice bits of my job (other than the teeny tiny salary, obviously) is that I get to pick and choose who I interview for this slot on the Light Reading home ...
    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.