Light Reading

Euronews: KPN Sells German Tower Sites

Paul Rainford
11/15/2012
50%
50%

KPN Telecom NV (NYSE: KPN), TeliaSonera AB (Nasdaq: TLSN) and Telefónica SA (NYSE: TEF) are on the platter in today's running buffet of EMEA news headlines.

  • As predicted in these virtual pages last week, Dutch incumbent KPN has agreed to sell its 2,000 or so German tower sites to American Tower Corp. (NYSE: AMT) for around €393 million (US$501 million). The deal is expected to close before the end of the year. The move comes just four months after Carlos Slim's América Móvil S.A. de C.V. acquired 27.7 percent of KPN, giving the Mexican billionaire effective control of the carrier. (See American Tower Buys German Sites and Euronews: Slim's Stealthy Expansion .)

  • TeliaSonera has announced the price range for MegaFon 's planned IPO on the London and Moscow exchanges, which should see the Russian operator's shares start to trade on Nov. 28. The price range has been set at US$20-25 per share, which would raise a minimum of $1.7 billion and value Megafon at $11-14 billion. TeliaSonera expects to bank $1.32-1.62 billion from the share sale. Depending on the results of the IPO, TeliaSonera may reduce its current 35.6 percent stake in Megafon but retain a stake of at least 25 percent plus one share in MegaFon after the IPO.

  • Telefónica's CFO has told investors that next year's dividend is "100 percent safe," reports Bloomberg, seeking to offer them reassurance after it and several European operators reduced payouts this year. (See Euronews: Orange Squeezes Its Payout and Euronews: Telekom Austria Slashes Dividend.)

  • Iliad (Euronext: ILD)'s cut-price Free Mobile service is still poaching French mobile customers from its more established rivals, though the rate of defection has slowed, according to a Reuters poke into the operator's third-quarter results. Around 805,000 customers switched to Free Mobile from rivals in the quarter, down from 990,000 in the second quarter and a staggering 2.6 million in the first. Its market share now stands at 6.4 percent. (See Iliad Disrupts the French Mobile Scene and Euronews: FT's Q1 Suffers Free Fall.)

  • Could Africa be BlackBerry 's savior? The Guardian carries a report on how the BlackBerry continues to the smartphone of choice for Nigeria's upwardly, er, mobile. Half of Nigeria's 4 million or so smartphone owners use a Blackberry, despite them costing as much as a thousand times the average daily wage.

  • With CacheLogic/Velocix already on his résumé, serial technology entrepreneur Adam Twiss has formed a new joint venture called SwiftServe to tackle the caching and optimized delivery of video traffic. (See New CDN Twist for Twiss.)

  • Carphone Warehouse Group plc (London: CPW), the U.K.-based mobile retailer, could be on the verge of buying back the 50 percent stake in its European operation that it sold to U.S. retailer Best Buy for £1.1 billion ($1.74 billion) in 2008, reports the Daily Telegraph.

  • YouView TV Ltd. , the British Broadcasting Corp. (BBC) -backed catch-up TV service that had a difficult and protracted birth, may have to change its name following a legal challenge from Total, a U.K. business-to-business telecom service provider, reports the BBC. Total filed the "YourView" name as a trademark in 2009, and a court has ruled, hardly surprisingly, that YouView is "confusingly similar." If the name-change does have to happen, it will be bad news for broadband provider TalkTalk , which has high hopes for its YouView-based TV service, which it launched recently.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (0)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    From The Founder
    Against the odds, Huawei is growing its telecoms networking equipment business in the US -- that should be ringing some alarm bells for domestic vendors.
    Flash Poll
    Live Streaming Video
    CLOUD / MANAGED SERVICES: Prepping Ethernet for the Cloud
    Moderator: Ray LeMaistre Panelists: Jeremy Bye, Leonard Sheahan
    Between the CEOs
    Metaswitch's New CEO Martin Lund Discusses His Role

    9|2|15   |   11:27   |   (2) comments


    Technology industry veteran Martin Lund joins Metaswitch Networks this week as the company's new CEO. In this interview, Lund discusses his new role and the industry's progress with Light Reading CEO Steve Saunders. Lund believes that the industry disruption caused by SDN and NFV is creating opportunities for companies like Metaswitch – network software providers ...
    Telecom Innovators Video Showcase
    Nominum on Leveraging the Power of DNS to Deliver Superior Subscriber Experiences

    9|2|15   |   07:13   |   (0) comments


    Nominum CEO Gary Messiana talks about the challenges service providers face in competing for a much more sophisticated customer, a customer that has heightened expectations for more personalized and compelling digital experiences. Providers are focusing their efforts on delivering higher value subscriber services, retaining their existing customers and increasing ...
    Between the CEOs
    CEO Chat With Jeff Miller, ActiveVideo

    8|28|15   |   19:05   |   (0) comments


    Jeff Miller, President and CEO of ActiveVideo, talks to Light Reading founder and CEO Steve Saunders about the impact of virtualization on the TV and video distribution market.
    LRTV Huawei Video Resource Center
    Vodafone: Mobile Money Is About Customer Trust

    8|27|15   |   06.36   |   (0) comments


    Light Reading spoke with Vodafone's Ian Ravenscroft about the unique responsibilities and opportunities facing operators handling customers' financial transactions over the network.
    Telecom Innovators Video Showcase
    Palo Alto Networks on Expanding in the Carrier/Service Provider Market

    8|26|15   |   07:54   |   (0) comments


    Alfred Lee from Palo Alto Networks tells Steve Saunders about their new chassis-based system, the PA-7080, and how it can benefit service providers compared to legacy firewalls.
    LRTV Custom TV
    Global Services Forum Preview

    8|25|15   |   02:36   |   (0) comments


    Light Reading's CEO and Founder Steve Saunders talks about Huawei's upcoming Global Services Forum with the help of Heavy Reading's Patrick Donegan and Teresa Mastrangelo.
    Telecom Innovators Video Showcase
    Infoblox on DNS Threat Index

    8|19|15   |   04:39   |   (0) comments


    Dilip Pillaipakam from Infoblox talks to Steve Saunders about his company's core network services.
    Between the CEOs
    CEO Chat With Ihab Tarazi, Equinix

    8|14|15   |   20:18   |   (1) comment


    Equinix CTO Ihab Tarazi talks to Light Reading founder and CEO Steve Saunders about the dramatic changes in the data center, cloud and interconnect markets and discusses the impact of SDN and NFV in the coming years.
    Telecom Innovators Video Showcase
    The Netformx Ecosystem

    8|14|15   |   09:39   |   (1) comment


    Ittai Bareket, CEO of Netformx, talks with Steve Saunders about the Netformx Ecosystem, which employs cutting-edge prescriptive analytics to help solution providers maximize profits.
    Telecom Innovators Video Showcase
    Versa Networks on Leveraging VNFs

    8|12|15   |   07:37   |   (0) comments


    Kumar Mehta, founder and CEO of stealth mode startup Versa Networks, talks with Steve Saunders about how providers can best leverage virtualized network functions (VNFs).
    LRTV Custom TV
    Transforming the Network Through OPNFV

    8|5|15   |   7:09   |   (0) comments


    Sandra Rivera, VP Data Center Group; GM Network Platforms Group, Intel Corporation, on OPNFV Arno and how the industry is coming together to accelerate the deployment of NFV and transform the network.
    LRTV Huawei Video Resource Center
    Huawei ONS Product Demo

    8|3|15   |   6:01   |   (0) comments


    Huawei shows at Open Networking Summit 2015 in Santa Clara how its SDN and NFV solutions embrace openness.
    Upcoming Live Events
    September 16-17, 2015, The Westin Galleria Dallas, Dallas, TX
    September 16, 2015, The Westin Galleria Dallas, Dallas, TX
    September 16, 2015, The Westin Galleria Dallas, Dallas, TX
    September 29-30, 2015, The Westin Grand Müchen, Munich, Germany
    October 14-15, 2015, New Orleans Ernest N. Morial Convention Center, New Orleans, LA
    November 5, 2015, Hilton Santa Clara, Santa Clara, CA
    November 17, 2015, Santa Clara, California
    December 1, 2015, The Westin Times Square, New York City
    December 2, 2015, The Westin Times Square, New York City
    All Upcoming Live Events
    Infographics
    Cisco's cloud and virtualization portfolio can increase business agility and innovation by building a more flexible network architecture.
    Hot Topics
    T-Mobile CEO Plays Data Traffic Cop
    Sarah Thomas, Editorial Operations Director, 8/31/2015
    CEO Chat With Bill Gates
    Steve Saunders, CEO and founder, Light Reading, 8/31/2015
    Time to Monetize Cable WiFi
    Alan Breznick, Cable/Video Practice Leader, 8/31/2015
    Carolina Town Becomes First US 10-Gig City
    Mari Silbey, Senior Editor, Cable/Video, 9/3/2015
    Eurobites: Anite in OSS Tie-Up With Nokia
    Paul Rainford, Assistant Editor, Europe, 9/4/2015
    Like Us on Facebook
    Twitter Feed
    September 22, 2015
    Media Begins With “Me”
    Webinar Archive
    BETWEEN THE CEOs - Executive Interviews
    Technology industry veteran Martin Lund joins Metaswitch Networks this week as the company's new CEO. In this interview, Lund discusses his new role and the industry's progress with Light Reading CEO Steve Saunders. Lund believes that the industry disruption caused by SDN and NFV is creating opportunities for companies like Metaswitch – network software providers with the agility to embrace new technologies quickly and the ability to deliver on substantial projects for global network operators.
    The scene: Last Saturday, lunchtime, the interior of a shi-shi-foo-foo eatery in Manhattan's SoHo district.
    Cats with Phones
    It's a New Age... Click Here
    When smartphones replace stuffed animals.