Light Reading

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
    Flash Poll
    From The Founder
    Anshul Sadana answers questions from Steve Saunders, Light Reading's founder and CEO, about Arista's CloudVision, a global cloud network controller for workload orchestration and workflow automation delivering a turnkey solution for cloud networking.
    Live Streaming Video
    CLOUD / MANAGED SERVICES: Prepping Ethernet for the Cloud
    Moderator: Ray LeMaistre Panelists: Jeremy Bye, Leonard Sheahan
    LRTV Custom TV
    End-User or Enterprise Benefits to the New IP

    7|30|15   |   04:27   |   (1) comment


    Andrew Coward discusses what the New IP means to end users or enterprise customers. He explains compelling reasons, including how every customer can get their own network, from the transformation to the New IP.
    LRTV Custom TV
    Network Visibility & the New IP

    7|30|15   |   02:23   |   (0) comments


    Mukund Srigopal provides an explanation of what network visibility is and how it is essential as service providers transition to the New IP. In addition, the importance of the network packet broker is discussed.
    Between the CEOs
    Video Exclusive With Basil Alwan, Alcatel-Lucent

    7|24|15   |   26:44   |   (5) comments


    Basil Alwan, President of IP Routing & Transport at Alcatel-Lucent, discusses virtualization, cultural challenges, the capex crunch and more with Light Reading founder and CEO Steve Saunders.
    LRTV Custom TV
    VDF: Enable the Financial With Mobile Money

    7|20|15   |   06:53   |   (0) comments


    Ian Ravenscroft discusses how operators can expand to occupy the entire digital services value chain through service innovation.
    LRTV Custom TV
    Telefónica on OSS Transformation

    7|20|15   |   06:01   |   (0) comments


    Jose Gonzales discusses the details of Telefónica's operation transformation program.
    LRTV Custom TV
    Judi Achmadi on Huawei's Cloud Storage Solution

    7|20|15   |   03:33   |   (0) comments


    Judi discusses the key business goals of TelekomSigma's public cloud service and how Huawei's solution helps them address challenges.
    LRTV Custom TV
    KPN Enlightening Digital Business & IT Transformation

    7|20|15   |   06:19   |   (0) comments


    Rob de Beer discusses the changes that operators need to make with service innovation now coming from the Internet world.
    LRTV Custom TV
    Stratus Telco-Grade Cloud Solutions & NFV

    7|20|15   |   07:34   |   (0) comments


    Ali Kafel from Stratus Technologies addresses high-availability concerns within the telco industry with a solution that enables telcos to provide high-availability and stateful fault-tolerance using a software-based approach.
    LRTV Documentaries
    The Six Million Dollar Business Man

    7|20|15   |   01:52   |   (0) comments


    Steve Saunders, publisher. A man barely alive after an acquisition malfunction imploded the company he founded. Gentlemen, we can rebuild Light Reading. Better, faster, stronger.
    Between the CEOs
    CEO Chat With Anukool Lakhina, Guavus

    7|20|15   |   38:51   |   (1) comment


    Guavus CEO Anukool Lakhina talks to Light Reading founder and CEO Steve Saunders about the role of operational analytics in the communications services and networking sectors, particularly in relation to IoT.
    LRTV Custom TV
    IBM's Flash Storage With Intel QuickAssist

    7|20|15   |   03:18   |   (0) comments


    Intel's Bev Crair and IBM's Eric Herzog discuss how IBM's V9000 Flash Storage System has helped customers around the world. Featuring real-time compression powered by Intel QuickAssist Technology, the V9000 is a next-gen flash storage solution.
    LRTV Huawei Video Resource Center
    Thailand's AIS: Transforming to an FMC Operator

    7|17|15   |   4:53   |   (0) comments


    Saran Phaloprakarn, Senior VP of Fixed Broadband Business Management of Thailand's AIS, was a keynote speaker at the first Asia-Pacific Ultra Broadband Summit in Bangkok. In this video, he talks to Heavy Reading about transforming into an FMC (FBB+MBB+Content) operator.
    Upcoming Live Events
    September 16-17, 2015, The Westin Galleria Dallas, Dallas, TX
    September 16, 2015, The Westin Galleria Dallas, Dallas, TX
    September 16, 2015, The Westin Galleria Dallas, Dallas, TX
    September 29-30, 2015, The Westin Grand Müchen, Munich, Germany
    October 14-15, 2015, New Orleans Ernest N. Morial Convention Center, New Orleans, LA
    November 5, 2015, Hilton Santa Clara, Santa Clara, CA
    November 17, 2015, Santa Clara, California
    December 1, 2015, The Westin Times Square, New York City
    All Upcoming Live Events
    Infographics
    Network operators start seeing savings from NFV in the first year, according to a study by Affirmed Networks and ACG.
    Hot Topics
    Robbins Succeeds Chambers as Cisco Changes CEOs
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 7/27/2015
    Cable Feuds With Senate Dems Over STBs
    Alan Breznick, Cable/Video Practice Leader, 7/31/2015
    RJio to Launch Its Own 4G Devices Brand
    Gagandeep Kaur, Contributing Editor, 7/27/2015
    Qualcomm Wants FCC to Stay Out of LTE-U Fray
    Sarah Thomas, Editorial Operations Director, 7/27/2015
    Like Us on Facebook
    Twitter Feed
    September 22, 2015
    Media Begins With “Me”
    Webinar Archive
    BETWEEN THE CEOs - Executive Interviews
    Basil Alwan, President of IP Routing & Transport at Alcatel-Lucent, discusses virtualization, cultural challenges, the capex crunch and more with Light Reading founder and CEO Steve Saunders.
    Guavus CEO Anukool Lakhina talks to Light Reading founder and CEO Steve Saunders about the role of operational analytics in the communications services and networking sectors, particularly in relation to IoT.
    Cats with Phones
    Comes With Free Phone Stand Click Here
    Who says cats don't have any skills?