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
    Is your network built on 'The Old IP,' or are you part of 'The New IP' revolution?
    LRTV Huawei Video Resource Center
    Innovating Access Technology With G.fast

    10|1|14   |   3.42   |   (0) comments


    Exploring the potential of G.fast technology from the point of view of the Broadband Forum, Huawei – and an end-user.
    LRTV Documentaries
    A Cultural Shift for an OTT World

    9|26|14   |   01:41   |   (3) comments


    Telcos need to embrace a new approach to partnerships if they are to generate extra revenues quickly and give customers what they want.
    LRTV Documentaries
    New Skills Needed as Telecom, IT Collide

    9|26|14   |   4:07   |   (1) comment


    As telecom and IT collide, new technologies are emerging, new skills are needed and new opportunities for women are arising.
    UBB Forum News
    Do IP Networks Need An Overhaul?

    9|25|14   |   02:01   |   (0) comments


    As traffic levels ramp, do IP networks need new technologies and topologies?
    LRTV Documentaries
    Sprint Wields Its Influence in the Valley

    9|25|14   |   3:09   |   (11) comments


    Anne-Louise Kardas, Sprint's connection to startups in the Valley, explains how telcos can be innovative and find new opportunities with partners.
    LRTV Documentaries
    SDN, NFV & The Future of XO's Network

    9|25|14   |   3:47   |   (1) comment


    XO Communications COO Don MacNeil explains how cloud, SDN and NFV are altering its network requirements as well as changing data centers of the future.
    UBB Forum News
    The OTT Conundrum

    9|24|14   |   01:39   |   (0) comments


    What is holding back prosperous partnerships between telcos and the OTT players?
    LRTV Documentaries
    Putting Broadband to Work

    9|24|14   |   01:26   |   (0) comments


    High-speed broadband network rollout is key to telco strategies, but it's what happens after the network is built that counts.
    Light Reedy
    Light Reading's Women in Telecom Recap

    9|24|14   |   0:55   |   (4) comments


    Our first Women in Telecom breakfast was a huge success, and we hope you'll join us in London for the next event on November 6.
    UBB Forum News
    Monetizing Ultra-Broadband

    9|24|14   |   01:43   |   (2) comments


    Ultra-broadband networks need to be built, with fiber-to-the-premises the ultimate goal, but they need to be monetized, too.
    LRTV Huawei Video Resource Center
    Sales Director of INIT on Plug & Play Switch Devices

    9|19|14   |   3:21   |   (0) comments


    INIT Italy uses both the Huawei S5700 and S7700 series switches for the campus LAN environment. Sales Director Andrea Curti says their company chose these Huawei devices over others because of their performance, flexible scalability and plug-and-play features.
    LRTV Huawei Video Resource Center
    Saudi Arabia Upgrades Vocational Training System

    9|19|14   |   3:31   |   (0) comments


    The Technical and Vocational Training Corporation (TVTC) has 100,000 students, 150 government-owned institutions and oversees 1000 private institutes. The CIO of TVTC explains that Huawei devices have allowed them to manage multiple datacenters using just one software program, scientifically tracking the progress of students and teachers, saving them millions.
    Upcoming Live Events
    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
    Half of the world's population will be connected to the Internet by 2017, but not just by smartphones and desktops.
    Hot Topics
    Facebook Pokes Around LTE Direct
    Sarah Reedy, Senior Editor, 9/25/2014
    Is Redbox Instant Shutting Down?
    Mari Silbey, Independent Technology Editor, 9/30/2014
    Sprint Wields Its Influence in the Valley
    Sarah Reedy, Senior Editor, 9/25/2014
    US Ignite Cultivates Gigabit Apps
    Jason Meyers, Senior Editor, Utility Communications/IoT, 9/25/2014
    Comcast Turns Off Streampix
    Mari Silbey, Independent Technology Editor, 9/26/2014
    Like Us on Facebook
    Twitter Feed