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Eurobites: BT's Gone With the Wind Power

Paul Rainford
6/4/2014
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Also in today's EMEA regional roundup: Telefónica in German negotiations; Ericsson appoints regional heads; Vodafone partners with Rogers.

  • BT Group plc (NYSE: BT; London: BTA) has signed long-term power-purchase agreements with three UK wind farms, securing more than 100 megawatts of renewable electricity to help power its operations. Two of the agreements cover a 15-year period, while a third, taking half of the output of Scotland's Fallago Rig, covers 20 years. The deals are worth £440 million (US$737 million) in total. BT is a major consumer of electricity in the UK, using around 2 terawatt hours (TWh) in the most recent financial year. It claims it has reduced carbon emissions from its operations by 25.5% in the same period.

  • Telefónica SA (NYSE: TEF) is in talks with various smaller German mobile operators as it seeks to gain European Commission approval for its proposed takeover of KPN's E-Plus, reports Bloomberg. Among those it has approached are Freenet AG , Drillisch, and Liberty Global Inc. (Nasdaq: LBTY)'s Unitymedia GmbH . The Spanish giant is sounding them out on whether they would be interested in gaining access to its wireless network, which could help allay EC concerns about competition being reduced if the Telefonica/E-Plus deal goes ahead. (See Eurobites: Telefónica Sweetens E-Plus Deal.)

  • Ericsson AB (Nasdaq: ERIC) has appointed three new regional heads: Rafiah Ibrahim becomes head of Middle East; Sam Saba head of South East Asia and Oceania; and Charlotta Sund head of Northern Europe and Central Asia. Sund already has her feet under the desk; Saba and Ibrahim start July 1.

  • Vodafone Group plc (NYSE: VOD) has signed a non-equity partner market agreement with cable operator Rogers Communications Inc. (Toronto: RCI), under the terms of which Rogers becomes Vodafone's exclusive partner in its native Canada. Vodafone gets a whole new set of multinationals to target for its enterprise services, while Rogers can tap Vodafone's knowhow in 4G mobile broadband.

  • UK regulator Ofcom is further reducing mobile termination rates, to slightly less than half a penny a minute by April 2017. Since 2011, industry termination rates have fallen by around 80%, and are regularly blamed in earnings reports for disappointing numbers. For more details, see this Ofcom press release.

  • Sky (NYSE, London: SKY)'s mobile TV service, Sky Go, has added the UK's main commercial channels, ITV, ITV2, ITV3, ITV4, and CITV, to its lineup. ITV is responsible for some of the most successful British ratings fodder, such as Coronation Street and Emmerdale, and will also be one of the channels covering the imminent soccer World Cup.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

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    mhhf1ve
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    mhhf1ve,
    User Rank: Light Sabre
    6/4/2014 | 6:33:08 PM
    Wow

    BT is a major consumer of electricity in the UK, using around 2 terawatt hours (TWh) in the most recent financial year.

    I wonder how other companies rank? 

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