In today's EMEA roundup: Uzbek investigation prompts Nyberg's resignation; BT sells less, makes more; 3,444 ideas for Wayra

Paul Rainford, Assistant Editor, Europe

February 1, 2013

2 Min Read
Euronews: TeliaSonera CEO Quits

TeliaSonera AB, BT Group plc and Telefónica SA proffer something for the weekend in today's trawl through the EMEA headlines.

  • The CEO of TeliaSonera, Lars Nyberg, has quit in the wake of the investigation into the operator's affairs in Uzbekistan. In a statement, Nyberg noted that while an investigation had "not found anything to support the allegations that TeliaSonera committed bribery or participated in money laundering," the carrier was criticized for not doing enough due diligence into its local partner and that, as a result, he no longer had the full support of the TeliaSonera board. Nyberg was appointed as CEO in 2007. The board of directors has appointed Per-Arne Blomquist as acting president and CEO. (See TeliaSonera Launches Uzbek Review.)

  • BT's third-quarter results reveal that the U.K. operator has now passed more than 13 million premises with fiber, a quarterly sequential increase of around 1.3 million. Around 1.25 million homes and businesses are now taking a fiber-based service, via a connection provided by BT's Openreach networks access unit, though not all of these are BT Retail customers, as Openreach provides connections sold by other broadband service providers too. As for the financials, third-quarter revenues fell 6 percent year-on-year to £4.5 billion (US$7.1 billion), reports the BBC, but cost cutting helped its profits grow 7 percent to £675 million ($1.06 billion) during the same period. (See BT Openreach Adds More FTTX.)

  • Wayra, the startup promotion program set up under the auspices of Telefónica, has completed its first call for projects, which has brought forth 3,444 ideas for new technology companies to be developed at Wayra academies in Latin America and Europe. (See Euronews: Telefónica to Support 1,000 Startups and Inside Telefónica's Startup Incubator.) — Paul Rainford, Assistant Editor, Europe, Light Reading

About the Author(s)

Paul Rainford

Assistant Editor, Europe, Light Reading

Paul is based on the Isle of Wight, a rocky outcrop off the English coast that is home only to a colony of technology journalists and several thousand puffins.

He has worked as a writer and copy editor since the age of William Caxton, covering the design industry, D-list celebs, tourism and much, much more.

During the noughties Paul took time out from his page proofs and marker pens to run a small hotel with his other half in the wilds of Exmoor. There he developed a range of skills including carrying cooked breakfasts, lying to unwanted guests and stopping leaks with old towels.

Now back, slightly befuddled, in the world of online journalism, Paul is thoroughly engaged with the modern world, regularly firing up his VHS video recorder and accidentally sending text messages to strangers using a chipped Nokia feature phone.

Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.

You May Also Like