& 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
    Cisco's Conrad Clemson, recently promoted to head up the company's Service Provider Apps & Platforms developments, talks to Light Reading's Founder and CEO Steve Saunders about how he's bringing cloud video, mobile and virtualization together to empower network operators.
    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.
    LRTV Interviews
    Heavy Reading: The Web-Scale View

    1|18|17   |     |   (0) comments


    At Light Reading's 2020 Vision Executive Summit in Rome, Heavy Reading's former chief analyst Patrick Donegan shared insight from the recent web-scale operators report, which featured research on how web-scale operators view the market, the best web-scale companies to ...
    LRTV Custom TV
    Cisco's Cloud Scale Networking: Automation, Virtualization & Simplification

    1|18|17   |     |   (0) comments


    Cisco's Sanjeev Mervana outlines the latest innovations in networking technology at CES 2017 in Las Vegas.
    LRTV Custom TV
    ADVA Talks Innovation & the Future of Networking

    1|17|17   |     |   (0) comments


    Ray Le Maistre and Christoph Glingener, CTO of ADVA Optical Networking, discuss the current state of the industry, cooperation and collaboration, open innovation and the future of networking.
    LRTV Custom TV
    Cisco's Infinite Video Platform

    1|17|17   |     |   (0) comments


    Cisco's Infinite Video Platform allows service providers to deliver broadcast-quality video over IP networks. Infinite video supports many devices, from 4K TVs to tablets to game consoles. Join Cisco's Rajeev Raman for a brief tour and live demo.
    LRTV Interviews
    Masergy: Ability to Adapt Key for NFV

    1|16|17   |   6:40   |   (0) comments


    Speaking at Light Reading's 2020 Vision in Rome, Masergy's VP, Global Technology, Ray Watson, said agility is key to providing the mix and match NFV-based services that are driving business for the managed service provider today.
    LRTV Interviews
    Equinix: The Data Explosion

    1|13|17   |   4:16   |   (0) comments


    At Light Reading's 2020 Vision in Rome, Eric Schwartz, president of EMEA, Equinix, talked about how Equinix is helping its customers manage the influx of data today, and how it's preparing for a future filled with millions of connected IoT devices.
    LRTV Interviews
    Heavy Reading: The Changing Data Center Landscape

    1|12|17   |   6:05   |   (1) comment


    At Light Reading's 2020 Vision event in Rome, Heavy Reading's Senior Analyst Roz Roseboro talks about how virtualization is impacting data center evolution and how that evolution is affecting the relationship between service providers, data center operators and public cloud providers.
    LRTV Interviews
    Boingo: Prepping for Millions of Devices

    1|12|17   |   5:07   |   (2) comments


    At Light Reading's 2020 Vision in Rome, Boingo's CTO Derek Peterson discusses how wireless operators will address the needs of low-bandwidth and high-bandwidth apps at the same time, the need for more MHz, the impact of IoT and more.
    LRTV Interviews
    Comcast Shows Off Gig Gateway at CES

    1|11|17   |     |   (1) comment


    With its largest presence at CES in years, Comcast took the wraps off its long-awaited gigabit gateway and a new platform for managing the home WiFi network. Light Reading Senior Editor Mari Silbey sat down with EVP Chris Satchell to discuss the latest Comcast advance, and met with VP of Product Strategy and Development Andrea Peiro to walk through a demo of the ...
    LRTV Interviews
    Colt: End-to-End Key for 2017

    1|10|17   |   6:21   |   (0) comments


    At Light Reading's 2020 Vision Executive Summit in Rome, Nico Fischbach of Colt said having a multi-carrier, end-to-end service proposition is going to be key for 2017 -- and SD-WAN is instrumental in making it happen.
    From the Founder
    Cisco's Clemson on Mobile Cloud Video

    1|9|17   |     |   (2) comments


    Cisco's Conrad Clemson, recently promoted to head up the company's Service Provider Apps & Platforms developments, talks to Light Reading's Founder and CEO Steve Saunders about how he's bringing cloud video, mobile and virtualization together to empower network operators. "If you think about where we're going… whether it's a mobile application, or a video ...
    LRTV Custom TV
    VMware Telco NFV Solutions – Preparing for 5G & IOT

    1|9|17   |     |   (0) comments


    Shekar Ayyar, EVP & Corporate Strategy/General Manager of Telco for VMware, discusses VMware's Telco NFV solutions role and foundation for the Imminent Arrival of 5G & IOT.
    Upcoming Live Events
    March 21-22, 2017, The Curtis Hotel, Denver, CO
    May 15-17, 2017, Austin Convention Center, Austin, TX
    All Upcoming Live Events
    Infographics
    Hot Topics
    A Women in Comms Glossary
    Sarah Thomas, Director, Women in Comms, 1/18/2017
    Is Cable One Beefing Up for Slaughter?
    Alan Breznick, Cable/Video Practice Leader, Light Reading, 1/20/2017
    Google Security Lessons for IT
    Curtis Franklin, Security Editor, 1/18/2017
    TV's Paradox: No HDR Without 4K
    Mari Silbey, Senior Editor, Cable/Video, 1/17/2017
    Qualcomm Study Predicts 5G Will Create 22M Jobs by 2035
    Dan Jones, Mobile Editor, 1/17/2017
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    Light Reading founder and CEO Steve Saunders chats with Sportlogiq CEO Craig Buntin about sports data analysis.
    Eyal Waldman, CEO of Mellanox Technologies, speaks to Steve Saunders, CEO of Light Reading, for an exclusive interview about the 100 GB cable challenge, cybersecurity and much more.
    Animals with Phones
    Live Digital Audio

    Playing it safe can only get you so far. Sometimes the biggest bets have the biggest payouts, and that is true in your career as well. For this radio show, Caroline Chan, general manager of the 5G Infrastructure Division of the Network Platform Group at Intel, will share her own personal story of how she successfully took big bets to build a successful career, as well as offer advice on how you can do the same. We’ll cover everything from how to overcome fear and manage risk, how to be prepared for where technology is going in the future and how to structure your career in a way to ensure you keep progressing. Chan, a seasoned telecom veteran and effective risk taker herself, will also leave plenty of time to answer all your questions live on the air.