& cplSiteName &

Euronews: AT&T Seeks European M&A

Paul Rainford
1/17/2013
50%
50%

AT&T Inc., Nokia Corp. and France Télécom – Orange start the ball rolling in today's roundup of EMEA headlines.

  • AT&T is looking to acquire a European mobile operator to reduce its reliance on its domestic market, according to this Wall Street Journal story, which cited Dutch incumbent KPN Telecom NV and the U.K.'s largest mobile operator, Everything Everywhere Ltd. (EE), as potential targets.
  • Nokia is to transfer up to 820 IT staff to outsourcing partners HCL Technologies Ltd. and Tata Consultancy Services Ltd. and cut up to 300 IT jobs as part of the restructuring of its back office operations, the Finnish mobile giant announced Thursday morning. Most of the staff affected are based in Finland. The move is part of the companywide revamp announced in June 2012. (See Nokia Cuts 10,000 Jobs, Restructures.)
  • France Télécom – Orange is looking to break into new markets with the launch of a subsidiary, Orange Horizons, which, according to a statement from the operator, will "seek out new business opportunities in countries where the Group is not already present as a mass-market telecommunications provider." The first such venture sees the company launching two websites in South Africa, the first to sell "telecom-related devices" (phones, possibly?) and the second providing online content geared to the local market.
  • Middle East powerhouse Etisalat has submitted a "preliminary expression of interest" to buy Vivendi's 53 percent stake in Maroc Telecom. Etisalat says the move is "consistent with our stated strategy of selective expansion in our core MENA markets and would complement our existing operations in Sub-Saharan Africa."
  • Meanwhile, Reuters reports that Maroc Telecom is set to invest €900 million (US$1.2 billion) over two years in an upgrade of its network infrastructure. (See Pyramid: Three's a Crowd in Morocco.)
  • Swedish operator Tele2 could face a carve-up of its Russian business, Reuters reports, citing Russia's Vedomosti newspaper. The report, which claimed that Garsdale (an investment vehicle owned by billionaire Alisher Usmanov) was proposing to buy Tele2's assets and divide them up between MegaFon, VimpelCom Ltd. and Mobile TeleSystems OJSC (MTS), has been dismissed by Garsdale's CEO as "inaccurate."
  • In a week that has seen the collapse of three major U.K. retail chains, namely HMV, Blockbuster and Jessops, it seems sales of tablets are providing one of the few bright spots in what is a very gloomy picture on Britain's high streets. Dixons, which owns electrical retailer Currys and PC World, reported "phenomenal" sales of the go-to gadgets, though the low margins on them didn't do a lot for its bottom line. — Paul Rainford, Assistant Editor, Europe, Light Reading
    (0)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    From The Founder
    NFV's promises of automation and virtualization are intriguing, but what really excites service providers is the massive amount of money they could save.
    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.
    Women in Comms Introduction Videos
    VMWare VP Brings Women Up With Her

    8|16|17   |   6:49   |   (1) comment


    It's an art and a science to make mentorship, inclusive leadership, diversity and promotion of high-potential women work, says Honore' LaBourdette, vice president of Global Market Development at VMWare.
    LRTV Documentaries
    5G Spectrum Wars – The Recap

    8|15|17   |   2:22   |   (0) comments


    Service provider 3 has filed a lawsuit against Ofcom over 5G spectrum auction in the UK.
    LRTV Custom TV
    Say What? Facebook Unleashes AI Anarchy – The Recap

    8|7|17   |     |   (0) comments


    A recap of the week's talking points on Light Reading's sister site, telecoms.com. Facebook AI programmers had a bit of a brain-fade as they allowed one of its AI applications to invent its ...
    Women in Comms Introduction Videos
    Fujitsu's Women Band Together to Help Girls Do STEM

    8|2|17   |   9:35   |   (1) comment


    Supporting women both inside and outside of Fujitsu is a top priority of the telecom vendor. Yanbing Li, Fujitsu Network Communication's director of System Software Development & Delivery, shares why it's important, but why there's still a long road ahead.
    LRTV Custom TV
    If You're Not First, You're Last – The Recap

    7|31|17   |   08:18   |   (1) comment


    In case you missed it, Amazon's 1% stock increase helped Jeff Bezos dethrone Bill Gates as the richest man in the world. Also, Taiwanese electronics manufacturer
    Women in Comms Introduction Videos
    AT&T's Tech President Preps Workforce for the Future

    7|26|17   |   5:47   |   (10) comments


    AT&T is focused on the software-defined network of the future and is reskilling its workforce to get ready too, according to AT&T's President of Technology Development Melissa Arnoldi.
    Women in Comms Introduction Videos
    Cisco: Mentoring Critical to Attract & Retain Women

    7|19|17   |   6:40   |   (1) comment


    Liz Centoni, senior vice president and general manager of Cisco's Computing System Product Group, shares why mentoring in all its forms is important for women and what Cisco is doing that's made a difference for women in tech.
    LRTV Custom TV
    Gigabit LTE With Snapdragon 835

    7|12|17   |     |   (1) comment


    At an event in Wembley stadium, EE used its live network to demonstrate gigabit LTE using a Sony Xperia XZ Premium smartphone with a Qualcomm Snapdragon 835 chip.
    LRTV Custom TV
    Implementing Machine Intelligence With Guavus

    7|12|17   |     |   (0) comments


    Guavus unites big data and machine intelligence, enabling many of the the largest service providers in the world to save money and drive measureable revenue. Learn how applying Machine Intelligence substantially reduces operational costs and in many cases can eliminate subscriber impact, meaning a better subscriber experience and higher NPS.
    LRTV Custom TV
    Unlocking Customer Experience Insights With Machine Intelligence

    7|12|17   |     |   (0) comments


    When used to analyze operational data and to drive operational decisions, machine intelligence reduces the number of tasks which require human intervention. Guavus invested in Machine Intelligence early. Learn about the difference between Machine Learning and Machine Intelligence.
    Women in Comms Introduction Videos
    Verizon VP Talks Network, Career Planning

    7|12|17   |   4:49   |   (0) comments


    Heidi Hemmer, vice president of Technology, Strategy & Planning at Verizon, shares how bold bets and the future of tech define her career.
    Telecom Innovators Video Showcase
    Masergy's NFV Journey

    7|11|17   |     |   (0) comments


    Ray Watson, vice president of global technology at Masergy, discusses the advantages and challenges in entering the still-maturing NFV market for the past three years.
    Upcoming Live Events
    September 28, 2017, Denver, CO
    October 18, 2017, Colorado Convention Center - Denver, CO
    November 1, 2017, The Royal Garden Hotel
    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
    Intel CEO Leaves Trump Biz Advisory Board
    Dan Jones, Mobile Editor, 8/15/2017
    Are Cord-Cutting's Days Numbered?
    Alan Breznick, Cable/Video Practice Leader, Light Reading, 8/14/2017
    Orchestration Startup UBiqube Pivots Away From NFV
    Carol Wilson, Editor-at-large, 8/15/2017
    Verizon Video Woes Pile On
    Mari Silbey, Senior Editor, Cable/Video, 8/14/2017
    Eurobites: KPN Buys Into Healthcare Sector
    Paul Rainford, Assistant Editor, Europe, 8/16/2017
    Like Us on Facebook
    Twitter Feed
    Animals with Phones
    We Know a Tough Day When We See One Click Here
    Live Digital Audio

    Understanding the full experience of women in technology requires starting at the collegiate level (or sooner) and studying the technologies women are involved with, company cultures they're part of and personal experiences of individuals.

    During this WiC radio show, we will talk with Nicole Engelbert, the director of Research & Analysis for Ovum Technology and a 23-year telecom industry veteran, about her experiences and perspectives on women in tech. Engelbert covers infrastructure, applications and industries for Ovum, but she is also involved in the research firm's higher education team and has helped colleges and universities globally leverage technology as a strategy for improving recruitment, retention and graduation performance.

    She will share her unique insight into the collegiate level, where women pursuing engineering and STEM-related degrees is dwindling. Engelbert will also reveal new, original Ovum research on the topics of artificial intelligence, the Internet of Things, security and augmented reality, as well as discuss what each of those technologies might mean for women in our field. As always, we'll also leave plenty of time to answer all your questions live on the air and chat board.