Light Reading
Also in today's EMEA roundup: Latin America keeps Telefónica buoyant in Q3; AlcaLu close to falling out of CAC 40 list; when re-branding goes wrong

Euronews: Ericsson Cuts Swedish Workforce

Paul Rainford
11/7/2012
50%
50%

Ericsson AB (Nasdaq: ERIC), Telefónica SA (NYSE: TEF) and Alcatel-Lucent (NYSE: ALU) are the big guns discharging in today's fusillade of EMEA headlines.

  • Ericsson is looking to reduce operations in Sweden and as part of this 1,550 jobs are to go at various sites in 2013. Bearing the brunt of the cuts is the Stockholm plant, where 1,000 workers will face redundancy. Ericsson currently employs nearly 18,000 in Sweden. (See Ericsson Sheds 1,550 Staff in Sweden, Ericsson Cuts 1,550 Jobs and Ericsson Talks Up Market Growth.)

  • A strong performance in Latin America has seen Telefónica's overall net profits in the third quarter increase by 26.4 percent year-on-year to €3.4 billion (US$4.3 billion). Indeed, for the first time the revenue generated by the Spanish giant's Latin American operations exceeded that from Europe. (See Telefónica Cuts Net Debt to €52.8B , Smartphones Drive Telefónica Europe Growth, Euronews: Telefónica to Flatline, Says S&P and Telefónica: A New Breed of Telco.)

  • Analysts are again predicting that Alcatel-Lucent is about to drop out of France's CAC 40 index of blue-chip companies, reports Reuters, with some saying that next month could see the vendor's exit from the list, in which it has been a fixture since the CAC 40 was created 25 years ago. (See Euronews: S&P Downgrades AlcaLu and Euronews: Moody's Has a Downer on AlcaLu.)

  • EE is to offer the iZettle chip card reader, which effectively turns selected smartphones into basic credit card terminals, in its stores from Thursday. At the moment the gizmo only works with iPhones, iPads and around a dozen upscale Android handsets, but it would seem to offer a possible solution to tradespeople who would like to be able to accept card payments on the move and avoid the "check's in the post" syndrome.

  • And while we're in EE-land, take a look at this photo of what happens when a joint-venture re-branding isn't really thought through... (See Euronews: 4G Arrives in UK and Euronews: EE 4G Plan Gets Thumbs-Up.)

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (3)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View
    Michelle Donegan
    50%
    50%
    Michelle Donegan,
    User Rank: Light Beer
    12/5/2012 | 5:18:00 PM
    re: Euronews: Ericsson Cuts Swedish Workforce


    Must admit I prefer orange and magenta to the battleship grey of EE's new stores. I wonder how many high streets in U.K. will have two of these as EE rebrands their shops.

    FastCache
    50%
    50%
    FastCache,
    User Rank: Light Beer
    12/5/2012 | 5:17:56 PM
    re: Euronews: Ericsson Cuts Swedish Workforce


    Seriously, who cares about the colour of the shop front when they can deliver you a 4G service.

    Michelle Donegan
    50%
    50%
    Michelle Donegan,
    User Rank: Light Beer
    12/5/2012 | 5:17:55 PM
    re: Euronews: Ericsson Cuts Swedish Workforce


    Nah, the color doesn't matter. Let's talk about the name "EE" instead...


    Sounding like sour grapes here -- the 4G network doesn't cover where I am yet, according to EE's coverage tracker, so I haven't been able to try it.

    Educational Resources
    sponsor supplied content
    Educational Resources Archive
    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
    Building a Secure Telefonica Network With Huawei's High-End Firewall

    11|24|14   |   4:37   |   (0) comments


    Andrew Davies, IP architect of the Telefonica, a leading digital communications company, discusses the Huawei security gateway solution and putting the solution into the testbed.
    LRTV Huawei Video Resource Center
    Huawei Partners with Spirent to Verify CE12816's 10GE Port & TRILL Networking Capabilities

    11|24|14   |   2:50   |   (0) comments


    Spirent Communications is the world's leading supplier for telecom testing appliances and solutions. Spirent has been in a close partnership with Huawei for a long time.
    LRTV Huawei Video Resource Center
    Saudi Airlines & Its ICT Transformation

    11|24|14   |   2:07   |   (0) comments


    In this video, Saudi Airlines discusses its network problems and how Huawei's Agile Network is its all-in-one solution.
    LRTV Huawei Video Resource Center
    Huawei's Agile Switch Benefiting Saudi Arabia's Yamamah Hospital

    11|24|14   |   2:40   |   (0) comments


    Saudi Arabia's Yamamah Hospital speaks about how Huawei's Agile Switch has improved the medical service's network infrastructure.
    LRTV Huawei Video Resource Center
    FanPlay & Huawei Build a Wireless Agile Smart Stadium

    11|24|14   |   2:13   |   (0) comments


    FanPlay is a cloud-based white label service, which is effectively a football fan engagement platform underpinned by mobile payment technology.
    LRTV Huawei Video Resource Center
    Building an Agile Stadium

    11|24|14   |   3:54   |   (0) comments


    Stadiums may be thousands of tons of concrete and steel, but they now need to be agile. Being at the stadium may not be as alluring as it once was. Sports franchises and stadium operators discuss how to get fans back.
    LRTV Huawei Video Resource Center
    Huawei Helps ChinaCache Tackle Challenges in the Internet Industry

    11|24|14   |   3:09   |   (0) comments


    ChinaCache is China's largest content distribution network supplier. Huawei's CE12800 has provided ChinaCache with very strong support in its establishment of an infrastructure network.
    LRTV Huawei Video Resource Center
    Cefinity on Managed Security Services & Next-Generation Firewall

    11|24|14   |   7:05   |   (0) comments


    Cefinity is a cloud management service provider in Southeast Asia. Ivan Zhang, CEO of the company, discusses the implementation of security service management in the cloud era.
    LRTV Huawei Video Resource Center
    Huawei's Agile Gateway in the Eyes of Cefinity

    11|24|14   |   2:11   |   (0) comments


    Cefinity is a managed service provider for enterprise networks. The company currently uses Huawei's AR series routers for the most complete range of functions. CEO Ivan Zhang speaks about the advantages of the AR series routers.
    LRTV Huawei Video Resource Center
    CTO of Bus-Online Talks About Huawei's Agile Gateway

    11|24|14   |   2:53   |   (0) comments


    Bus-Online covers around 100 million users everyday. In addition to providing mobile TV, and advertising services to the public, Bus-Online has also entered the field of mobile Internet.
    LRTV Huawei Video Resource Center
    Amsterdam ArenA as an Agile Campus

    11|24|14   |   3:31   |   (0) comments


    The Amsterdam ArenA, home of the Ajax soccer team, can be a crowded space. ArenA has partnered with Huawei to work on bringing ample bandwidth to 53,000 people at the same time.
    LRTV Huawei Video Resource Center
    Building a Gigabit Wireless Network

    11|24|14   |   3:15   |   (0) comments


    3W is dedicated to customer-centric services such as catering, incubator and PR. To do this requires a solid IT structure. In this video, 3W discusses how Huawei has helped to achieve its goals.
    Upcoming Live Events
    December 2, 2014, New York City
    December 3, 2014, New York City
    December 8-10, 2014, Reykjavik, Iceland
    February 12, 2015, Atlanta, GA
    April 14, 2015, New York City, NY
    May 6, 2015, McCormick Convention Center, Chicago, IL
    May 13-14, 2015, The Westin Peachtree, Atlanta, GA
    June 9-10, 2015, Chicago, IL
    Infographics
    Irish Telecom outlines the rise of VoIP technology, including its adoption within businesses and their perception of its quality.
    Hot Topics
    Bell Labs Chief Slams 'Toy' Networks
    Robert Clark, 11/19/2014
    $38.3M: Ain't That a Kik in the SMS
    Sarah Reedy, Senior Editor, 11/20/2014
    Do You Have a 2020 Vision?
    Dennis Mendyk, Vice President of Research, Heavy Reading, 11/21/2014
    The New Wave of IP + Optical Integration
    Ray Le Maistre, Editor-in-chief, 11/21/2014
    $35B+ Spectrum Auction Dings Verizon, Shines Dish
    Dan Jones, Mobile Editor, 11/24/2014
    Like Us on Facebook
    Twitter Feed