& cplSiteName &

Eurobites: DT's Hungary Operation Cuts Jobs

Paul Rainford
7/24/2014
50%
50%

Also in today's EMEA regional roundup: Telefónica doubles down on security; Nokia holds steady in Q2; "right to be forgotten" row continues.

  • Hungary's Magyar Telekom plc , which is part of the Deutsche Telekom AG (NYSE: DT) empire, is to cut up to 1,700 jobs by the end of 2015, reports Reuters. The redundancies program is expected to cost the operator around 12 billion forints (US$52.2 million) in severance payments.

  • Telefónica SA (NYSE: TEF) is demonstrating its commitment to the development of security capabilities with the launch of Sinfonier, which it describes as a "collaborative security working environment." Sinfonier is intended to help developers and researchers share their intelligence on security matters -- the idea, in a nutshell, is that they feed content into the algorithms at the heart of the program and something useful to the security community comes out the other end. (See Telefónica Launches Collaborative Security Community and Security in a 4G, M2M World.)

  • Nokia Corp. (NYSE: NOK)'s share price added more than 7% Thursday morning following the publication of its second-quarter financials, which included an upbeat outlook for the second half of the year at its Networks division, which delivers the vast majority of its revenues and operating profits. The vendor also announced a new 4G LTE contract with Spanish giant Telefónica SA. (See Nokia Holds Steady in Q2, Raises Outlook and Telefónica Hands Spanish 4G Deal to Nokia Networks.)

  • Nokia has appointed Ramzi Haidamus head of its Technologies unit, which deals with technology-licensing matters. Haidamus, who has spent most of his career to date at Dolby Laboratories Inc. (NYSE: DLB), replaces Henry Tirri.

  • Today sees a meeting in Brussels between a group of data commissioners from various European countries and a gaggle of representatives from various search engines, Google (Nasdaq: GOOG), Yahoo Inc. (Nasdaq: YHOO) and Bing among them. As the BBC reports, they are meeting to discuss the implications of the recent "right to be forgotten" ruling, which granted private individuals the right to request certain search results linking to information about them to be removed. (See EC Proposes Reform of Data Privacy Laws.)

  • Telehouse Europe, a European subsidiary of KDDI Corp. , is investing ₤135 million ($230 million) in a new 23,000 square meter data center in London's Docklands. Called North Two, the data center will complement Telehouse's existing Docklands data center, which opened in 1990.

  • BT Group plc (NYSE: BT; London: BTA) and Sky (NYSE, London: SKY) were facing each other in court again Wednesday, reports the Daily Telegraph, as BT continued in its attempt to force BSkyB to allow it to provide Sky Sports channels on its Internet-connected YouView TV service.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (1)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    Kruz
    50%
    50%
    Kruz,
    User Rank: Light Sabre
    7/25/2014 | 6:55:53 AM
    Right to be forgotten
    Wasn't this change only supposed to affect Google and not the other seach engines?
    From The Founder
    Light Reading today starts a new voyage as part of a larger Enterprise.
    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
    Can Cable Climb Upmarket?

    12|7|16   |     |   (0) comments


    Carol Wilson and Alan Breznick assess cable's prospects for winning more enterprises in a landscape rocked by corporate M&A activity.
    Women in Comms Introduction Videos
    TalkTalk Exec: Find Your North Star at Work

    12|7|16   |   3:38   |   (1) comment


    Women need to find their purpose, a professional North Star, and create a personal board for themselves, according to Alex Tempest, director of partners at TalkTalk Business.
    LRTV Interviews
    Verizon: Beware Unknown Unknowns

    12|7|16   |   04:58   |   (0) comments


    Chris Novak, director of the Verizon Enterprise Solutions Risk Team, explains that enterprises who don't conduct a thorough audit of their assets often leave some things unprotected because they don't know they exist. Many times these unprotected assets are part of corporate M&A activity but left unshielded they can become a hacker's playground, he tells Light ...
    LRTV Interviews
    ETSI's CTO Talks NFV, 5G & NGP

    12|5|16   |   09:45   |   (0) comments


    Adrian Scrase, CTO at standards body ETSI, talks about the various initiatives and specifications developments related to NFV, 5G and NGP (next-generation protocols) that will underpin next-gen networks.
    Women in Comms Introduction Videos
    Korn Ferry Consultant: How to Find, Cultivate & Be the Best Talent

    11|30|16   |   4:10   |   (2) comments


    Erin Callaghan, a managing consultant for Korn Ferry Futurestep, shares strategies for companies to improve how they recruit and for women to ensure they don't get lost in the pipeline.
    LRTV Custom TV
    We Can Make the World More Sustainable

    11|29|16   |     |   (0) comments


    GeSI is a global e-Sustainability Initiative organization bringing together 40 big multinational companies around the world. According to GeSI's report, information and communication technology can make the world more sustainable. Luis Neves, chairman of GeSI, shared with us his opinion at Ultra-broadband Forum (UBBF2016).
    LRTV Custom TV
    Finding a New Way to Engage Customers & Drive Revenue

    11|29|16   |     |   (0) comments


    Mobile revenues are declining. Digicel, a player in the Caribbean telecommunications/entertainment space, has found a new way to engage customers and drive revenue. John Quinn, CTO of Digicel, shared with us its story at Ultra-broadband Forum (UBBF2016)
    LRTV Custom TV
    Do You Really Need Gigabit Infrastructure?

    11|29|16   |     |   (0) comments


    Altibox is the biggest fiber-to-the-home (FTTH) player and the largest provider of video and TV in Norway. They started out with zero customers in 2002. Now they have close to half a million households and companies attached to their FTTH business. Nils Arne, CEO of Altibox shared with us their story and insight on 5G at Ultra-broadband Forum (UBBF2016).
    LRTV Custom TV
    BT’s Openreach Strategy & Its Updates in 2016

    11|29|16   |     |   (0) comments


    A lot of developments at Openreach this year in terms of strategy and planned investments. Peter Bell, CIO of Openreach BT, shared with us the updates of Openreach at Ultra-broadband Forum (UBBF2016).
    LRTV Custom TV
    ITU: The Broadband Is Our Future

    11|29|16   |     |   (0) comments


    At Ultra-broadband Forum, Houlin Zhao, Secretary General of ITU, discussed how important it is for countries, companies and everybody to be working together to help to build the broadband and digital economies (UBBF2016).
    LRTV Custom TV
    Tackling 5G in Dallas

    11|28|16   |     |   (0) comments


    Here are our highlights of the 5G North America show in Dallas, Texas with Light Reading's Dan Jones.
    LRTV Interviews
    Cox Prepping for Virtualization Trials

    11|14|16   |     |   (0) comments


    In this video interview, Cox's Jeff Finkelstein discusses MSO's plans to test managed business services in early 2017 and tackle Distributed Access Architectures.
    Upcoming Live Events
    May 16-17, 2017, Austin Convention Center, Austin, TX
    All Upcoming Live Events
    Infographics
    Hot Topics
    Cable Nodes Becoming a Choke Point
    Brian Santo, Senior editor, Test & Measurement / Components, Light Reading, 12/5/2016
    WiCipedia: After-School Coding, Salary Probing & Pro-Parenthood Companies
    Eryn Leavens, Special Features & Copy Editor, 12/2/2016
    Altice FTTH Bill Could Hit Almost $9.6B in US
    Iain Morris, News Editor, 12/1/2016
    Consolidated Snaps Up Fairpoint for $1.5B
    Iain Morris, News Editor, 12/5/2016
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    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.
    Join us for an in-depth interview between Steve Saunders of Light Reading and Alexis Black Bjorlin of Intel as they discuss the release of the company's Silicon Photonics platform, its performance, long-term prospects, customer expectations and much more.
    Animals with Phones
    Live Digital Audio

    Even when there's a strong pipeline of female talent in the comms industry, it tends to leak all the way to the top. McKinsey & Company says women experience pipeline leakage at three primary points: being unable to enter, being stuck in the middle or being locked out of the top. Each pipeline pain point presents its own challenges, but also opportunities to stop the leak. Wireless operator Sprint is making a conscious effort to improve its own pipeline from new recruits to the C-suite, and it wants the rest of the industry to do the same. In this Women in Comms radio show, WiC Board Member and Sprint Vice President of Enterprise Sales Nelly Pitocco will give us her take on the industry's pipeline challenges. Pitocco, who joined Sprint in May and has spent 20 years in the comms industry, will also offer solutions, share how Sprint is tackling the challenge within its own organization and take your questions live on air.