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
    LRTV Huawei Video Resource Center
    Network Solutions Help the Philippines Jump Ahead

    9|17|14   |   2:59   |   (0) comments


    In the past, the Philippines has under-invested in technology. Now, the CEO of Softshell talks about how Huawei products help the Philippines jump ahead as the economy improves.
    LRTV Huawei Video Resource Center
    VCS Observation for Safer Cities in the Netherlands

    9|17|14   |   5:20   |   (0) comments


    Holland's VCS Observation has been operating for 22 years. Its main goal is to get cities safer. CEO Wim van Deijzen tells us some of the challenges his company faces and how Huawei is helping to overcome these challenges.
    LRTV Huawei Video Resource Center
    A Conversation With Serbia's Ministry of Interior

    9|17|14   |   4:38   |   (0) comments


    At HCC 2014, the Assistant Minister of the Ministry of Interior of the Republic of Serbia talks to us about his projects and corporation with Huawei. Solutions like Safe City and E-Government and services like cloud computing are just some of the areas his department is interested in.
    LRTV Huawei Video Resource Center
    IHS Analyst Discusses eLTE at CCW 2014

    9|10|14   |   7:09   |   (0) comments


    Thomas Lynch, associate director of critical communications at IHS Technology, talks about broadband in critical communications.
    LRTV Huawei Video Resource Center
    TCAA on Huawei eLTE: A Broadband Solution for Mission-Critical Communications

    9|10|14   |   2:29   |   (0) comments


    At CCW2014 in Singapore, the TCCA's Phil Kidner talks about the importance of broadband data for critical communications.
    LRTV Custom TV
    Spotlight on Cisco: SDN for Optical Networks

    9|8|14   |   9:27   |   (0) comments


    Cisco's Greg Nehib talks OpenFlow and more on the 'Software-Defined Networking for Optical Networks' panel at the Big Telecom Event in June 2014.
    LRTV Custom TV
    Cisco's Evolved Programmable Network (EPN)

    9|8|14   |   4:05   |   (0) comments


    A look at the various demos Cisco showed at Light Reading's Big Telecom Event highlighting Cisco's EPN innovation and how SDN and NFV technologies are enabling a variety of new services.
    LRTV Huawei Video Resource Center
    The Future of Ultra-Broadband, With Kevin Kelly (UBBF2014)

    9|5|14   |   1:13   |   (1) comment


    If you think the technological changes we've seen up to now are astounding, just wait until you see what the future has in store. Discuss upcoming breakthroughs with Kevin Kelly, Founding Executive Editor of Wired Magazine, at the Huawei Ultra-Broadband Forum on September 24.
    LRTV Huawei Video Resource Center
    The Inaugural Optical Innovation Forum in Nice

    9|2|14   |     |   (0) comments


    More than 170 attendees from network operators, service providers, analyst firms, and component companies from around the world convened in Nice in June for the inaugural Optical Innovation Forum, co-produced by Huawei and Light Reading.
    Wagner’s Ring
    Data Centers Drive Telcos Into the Future

    8|28|14   |   2:20   |   (2) comments


    Data centers are at the heart of key trends driving telecom -- network virtualization, the drive for increased agility, and the need to compete with OTT providers.
    LRTV Custom TV
    Why SPs Should Consider Cisco's EPN

    8|27|14   |   5:40   |   (0) comments


    Sultan Dawood from Cisco discusses Cisco's EPN, which enables SPs to build agile and programmable networks delivering new network virtualized services using Cisco's Evolved Services Platform (ESP).
    LRTV Huawei Video Resource Center
    Huawei’s Showcase @ Big Telecom Event 2014

    8|26|14   |   2.56   |   (0) comments


    SoftCOM is Huawei's framework for telecom business and network transformation. Haofei Liu, Solution Marketing Manager, Carrier Business Group, Huawei, showcases Huawei's SoftCOM architecture in this video.
    Upcoming Live Events!!
    September 23, 2014, Denver, CO
    October 29, 2014, New York City
    November 6, 2014, Santa Clara
    November 11, 2014, Atlanta, GA
    December 2, 2014, New York City
    December 3, 2014, New York City
    December 9-10, 2014, Reykjavik, Iceland
    June 9-10, 2015, Chicago, IL
    Infographics
    A survey conducted by Vasona Networks suggests that 72% of mobile users expect good performance all the time, and they'll blame the network operator when it's not up to par.
    Today's Cartoon
    Vacation Special Caption Competition Click Here
    Latest Comment
    Hot Topics
    Glimpsing the Self-Driving Car
    Dan Jones, Mobile Editor, 9/12/2014
    AT&T to Launch WiFi Calling in 2015
    Sarah Reedy, Senior Editor, 9/12/2014
    AT&T: We'll Bundle Fixed Wireless & DirecTV
    Mari Silbey, Independent Technology Editor, 9/15/2014
    New NFV Forum Focused on Interoperability
    Carol Wilson, Editor-at-large, 9/16/2014
    NFV & The Data Center: Top 10 Takeaways
    Sarah Reedy, Senior Editor, 9/18/2014
    Like Us on Facebook
    Twitter Feed