Light Reading
Also in today's EMEA roundup: Mixed results for Ericsson; Neelie's ten-point plan; TeliaSonera's Q4; BSkyB surges ahead

Euronews: AlcaLu Gains on Credit Boost

Paul Rainford
1/31/2013
50%
50%

Alcatel-Lucent, Ericsson AB, Neelie Kroes and TeliaSonera AB get jiggy with it in today's slide through the EMEA news headlines.

  • Alcatel-Lucent has extended the credit facility announced in December to "around €2 billion" (US$2.7 billion) from €1.615 billion ($2.18 billion) and has negotiated improved terms and conditions. The news, which reflects growing confidence in the vendor's future, gave AlcaLu's stock a near 4 percent boost to €1.26 in morning trading on the Paris exchange Thursday morning. The share price has risen by more than 21 percent this year, though the company still carries a total market valuation of just €2.94 billion ($3.98 billion). (See Alcatel-Lucent Secures €1.6B Lifeline.)
  • Ericsson reported a mixed set of financials for 2012's fourth quarter and full year. Its revenues for the final three months of last year were up 5 percent year-on-year and up 23 percent sequentially to 66.9 billion Swedish kronor ($10.52 billion) but it reported a net loss of SEK6.3 billion ($991 million) because of a major writedown in the value of its wireless chip venture ST-Ericsson. Full-year sales showed little change from 2011 at SEK227.8 billion ($35.84 billion), but its full-year net profit dipped by more than half to SEK5.9 billion ($927 million), with ST-Ericsson to blame yet again. But there are signs that the vendor's Networks division should help deliver improving profitability as 2013 progresses.
  • Neelie Kroes, the European Commission's feisty vice president for the Digital Agenda, has been outlining her ten-point plan for the future of broadband and broadband-related business in Europe. The To Do list reads roughly as follows: i) stimulate investment through the right regulatory framework; ii) deliver the radio spectrum policy program; iii) implement a "wireless action plan" in the spring; iv) get the EU member states to support broadband rollout; v) cut the cost of civil engineering associated with broadband rollout; vi) persuade member states to support broadband with state aid where the market can't deliver; vii) boost trust in broadband services through added transparency in areas like download speeds; viii) set out guidance on net neutrality; ix) publish a new recommendation on universal service; x) continue a "host of actions" to stimulate demand for broadband. (That last one sounds like a bit of a cheat, to be honest.) "I'm in a fighting mood, and Europe can't wait," adds Kroes. Be afraid. (See Euronews: Kroes Plan Is Krazy, Say Telcos, Euronews: Steely Neelie's Copper Clampdown and Steely Neelie's FTTX Face Off.)
  • Fourth-quarter operating income at Nordic operator TeliaSonera fell by 0.8 percent year-on-year to 7.6 billion Swedish kronor ($1.19 billion), despite a 1.8 percent rise in revenues. TeliaSonera is still the subject of an investigation into its investments in Uzbekistan in 2007. (See Euronews: TeliaSonera to Cut 2,000 Jobs and TeliaSonera Launches Uzbek Review.)
  • Things are looking sunny at U.K. satellite broadcaster and broadband service provider BSkyB Ltd., which reported half-year operating profits up 7 percent year-on-year at £679 million ($1.07 billion). CEO Jeremy Darroch is still hopeful of further gains in telephony and broadband, however: "With 33 percent triple-play penetration, we see good headroom for further growth with over six million TV customers yet to switch their communications services to Sky," he said in a statement. — Paul Rainford, Assistant Editor, Europe, Light Reading

    (0)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View
    Flash Poll
    From The Founder
    It's clear to me that the communications industry is divided into two types of people, and only one is living in the real world.
    LRTV Huawei Video Resource Center
    Dr. Dong Sun Talks About Carriers' Digital Transformation & Huawei’s Telco OS

    1|29|15   |   6:28   |   (0) comments


    Dr. Dong Sun, Chief Architect of Digital Transformation Solutions at Huawei, discusses how telecom operators can become digital ecosystem enablers and deliver optimal user experiences that are in real-time, on-demand, all-online, DIY and social (ROADS).
    LRTV Huawei Video Resource Center
    Huawei's Chief Network Architect Talks about Network Experience & Operators’ Strategies

    1|29|15   |   3:39   |   (0) comments


    In the digital age, network experience has become the primary productivity especially for telecom operators. In this video, Wenshuan Dang, Huawei’s Chief Network Architect, discusses how carriers can tackle the challenge of infrastructure complexity in order to enhance business agility and improve user experience.
    LRTV Documentaries
    The Rise of Virtual CPE

    1|27|15   |   01:38   |   (5) comments


    As NFV strategies evolve from tests and trials to production telco networks, expect to hear a lot about virtual CPE (customer premises equipment) rollouts during 2015.
    LRTV Documentaries
    Optical Is Hot in 2015

    1|23|15   |   01:56   |   (2) comments


    Optical comms technology underpins the whole communications sector and there are some really hot trends set for 2015.
    LRTV Custom TV
    Policy Control in the Fast Lane

    1|22|15   |   2:57   |   (0) comments


    What's making policy control strategic in 2015 and beyond? Amdocs talks with Heavy Reading's Graham Finnie about the key factors driving change in the data services landscape. Find out what his policy management research reveals about the road ahead for policy control – and sign up for
    LRTV Documentaries
    Highlights From the 2020 Vision Executive Summit

    1|21|15   |   4:33   |   (2) comments


    In December 2014, Light Reading brought together telecom executives in Reykjavik, Iceland to discuss their vision for high-capacity networks through the end of the decade. The intimate, interactive meeting was set against the backdrop of Iceland's spectacular natural beauty. As one of the event's founding sponsors, Cisco's Doug Webster shared his company's ...
    LRTV Huawei Video Resource Center
    Huawei Pay-TV Partner Harmonic, Helping Carriers Accelerate 4K Video Deployment with Huawei

    1|20|15   |   5:42   |   (1) comment


    At IBC, Peter Alexander, Senior Vice President & CMO at Harmonic, speaks about the growing interest in pay-TV service and its branching into multiple devices.
    LRTV Huawei Video Resource Center
    Sony Marketing Director Olivier Bovis Discusses the Outlook for 4K and Cooperation With Huawei at IBC 2014

    1|20|15   |   6:50   |   (0) comments


    At IBC, Olivier Bovis, Marketing Director of Sony, speaks about the coming of the 4K era.
    LRTV Huawei Video Resource Center
    Huawei Pay-TV Partner Envivio, Helping Carriers Accelerate 4K Video Deployment

    1|20|15   |   2:57   |   (0) comments


    At IBC, Olivier Bovis, Marketing Director of Sony, speaks about the coming of the 4K era.
    LRTV Huawei Video Resource Center
    Pay-TV's Networked Future

    1|20|15   |   6:29   |   (0) comments


    At IBC, Jeff Heynen, Principal Analyst at Infonetics, speaks about the future of the pay-TV industry and its transition.
    LRTV Huawei Video Resource Center
    Jeff Heynen: Distributed Access Will Help MSOs Compete in the Future

    1|20|15   |   2:26   |   (0) comments


    At IBC, Jeff Heynen, Principal Analyst at Infonetics, speaks about moving to distributed access and the future trend of cable business.
    LRTV Interviews
    Cisco Talks Transformation

    1|20|15   |   13:02   |   (0) comments


    In December 2014, Steve Saunders sat down with Cisco VP of Products & Solutions Marketing Doug Webster at Light Reading's 2020 Vision executive summit in Reykjavik, Iceland. They spoke about Cisco's approach to network virtualization as well as how service providers can begin to monetize high-capacity networks through the end of the decade.
    Upcoming Live Events
    February 5, 2015, Washington, DC
    February 19, 2015, The Fairmont San Jose, San Jose, CA
    March 17, 2015, The Cable Center, Denver, CO
    April 14, 2015, The Westin Times Square, New York City, NY
    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
    September 9-10, 2015, The Westin Galleria Dallas, Dallas, TX
    September 29-30, 2015, The Westin Grand Müchen, Munich, Germany
    November 11-12, 2015, The Westin Peachtree Plaza, Atlanta, GA
    December 1, 2015, The Westin Times Square, New York City
    December 2-3, 2015, The Westin Times Square, New York City
    Infographics
    Hot Topics
    Google Continues Gigabit Expansion
    Jason Meyers, Senior Editor, Gigabit Cities/IoT, 1/27/2015
    Comcast Apologizes to 'A**hole' Brown
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 1/29/2015
    US Ops Spend $32.5M to Bring 4G to Chicago's Subways
    Sarah Thomas, Editorial Operations Director, 1/30/2015
    Cablevision's New WiFi Try – Freewheeling Enough?
    Mari Silbey, Independent Technology Editor, 1/26/2015
    Overture Builds on NFV Foundation
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 1/27/2015
    Like Us on Facebook
    Twitter Feed
    Webinar Archive
    BETWEEN THE CEOs - Weekly Executive Interview
    Join us live for Light Reading's interview with Jay Samit, the newly appointed CEO of publicly traded SeaChange International Inc. With a resume that includes Sony, EMI, and Universal, Samit brings a reputation as an entrepreneur and a disruptor to his new role at the video solutions company. Hear what he has to say about the opportunities in video, as well as the outlook for cable, telco, OTT and mobile service providers.