& cplSiteName &

Eurobites: AT&T Linked to Irish Acquisition

Ray Le Maistre
8/4/2014
50%
50%

Also in today's regional roundup: BT enters the 4G fray with enterprise service offering; Etisalat unit mulls IPO; Arris gets some action in Poland.

  • AT&T Inc. (NYSE: T) has been in talks with Irish national operator eircom about a potential acquisition, according to a report in Ireland's Sunday Business Post (subscription only). Referencing the report, the Irish Times notes that AT&T officials are considering the acquisition as a "low-tax route into Europe." AT&T has long been linked to potential acquisitions in Europe, though with bigger targets such as Vodafone Group plc (NYSE: VOD) in mind. Eircom, which has about 2 million retail customers and annual revenues of around €1.3 billion (US$1.74 billion), has been struggling in recent years, but has been cutting costs aggressively, restructuring its debts, and investing in its broadband infrastructure. The operator, which is owned by a consortium of lenders, announced in May that it is "exploring a number of strategic options": An IPO was believed to be one of those options, but now a trade sale looks like an alternative option, with a price tag in the region of about €3 billion ($4 billion) likely. (See Euronews: AT&T Nixes Vodafone Bid Plan , Eurobites: Eircom Joins Vectoring Club and Eircom Reports Fiscal Q2 .)

  • BT Group plc (NYSE: BT; London: BTA) has entered the LTE market with the launch of 4G services, plus unlimited WiFi access to the operator's national network of 5 million 802.11 access points, for all new BT Business Mobile customers. The service is offered over the national network of BT's new MVNO partner EE . Existing BT Business Mobile customers will be offered the 4G service if they re-sign. The UK operator recently launched its One Phone service, an integrated fixed-mobile offering that marked its first major push into the UK mobile services market in more than a decade. BT is expected to announce its plans for a consumer 4G service later this year. (See BT Embraces Small Cells for Mobile Push and Euronews: BT Signs 4G MVNO Deal.)

  • Still with the UK mobile sector… Regulator Ofcom has revised its planned changes to the annual 900 MHz and 1800 MHz spectrum license fees applied to the UK's mobile operators, but the changes still aren't to the operators' liking. While Ofcom has scaled back its planned increases, the operators still face a massive hike compared with the 2G and 3G spectrum fees currently paid. The regulator is now seeking further feedback from the industry in the form of a new "consultation." For more details, see this announcement from Ofcom.

  • Etisalat Misr , the Egyptian unit of Middle East giant Etisalat , is planning a US$500 million IPO on the country's stock exchange, according to this Bloomberg report.

  • Polish cable operator Multimedia Polska is to deploy the E6000 Converged Edge Router (CER) from Arris Group Inc. (Nasdaq: ARRS) as part of a network upgrade that will boost its "channel density and readiness for deploying converged services." Arris regards its E6000 as "the industry's leading CCAP [Converged Cable Access Platform] solution." (See Arris Rides Capex Wave Again.)

    — Ray Le Maistre, Circle me on Google+ Follow me on TwitterVisit my LinkedIn profile, Editor-in-Chief, Light Reading

    (3)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    DOShea
    50%
    50%
    DOShea,
    User Rank: Blogger
    8/4/2014 | 9:56:38 AM
    Re: Interesting angle....
    The timing also is interesting in that European Commission will soon have a chief who has suggested treating consolidation in Europe with a light touch, so maybe the first of many deals for AT&T if that regime plays out.

    Re: the R&D talent, there could be something to that as well, and if AT&T becomes committed to a stronger presence in Europe, Ireland could be a good place to establish one of its Foundry innovation centers.
    DOShea
    50%
    50%
    DOShea,
    User Rank: Blogger
    8/4/2014 | 9:52:08 AM
    Re: Interesting angle....
    Re: affinity between Ireland and the US being strong, if this deal somehow results in the ability to download a Guinness from St. James Gate via 100G submarine cable, fiber and DSL, directly to my desktop whenever I please, then I heartily approve of this deal.
    Ray@LR
    50%
    50%
    Ray@LR,
    User Rank: Blogger
    8/4/2014 | 9:20:02 AM
    Interesting angle....
    I'm sure there are plenty of accounting reasons to buy ion Ireland but it would also be an interesting cultural move too... that affinity between Ireland and the US is strong, right?

    Plus there are plenty of very smart telecom people in uireland if AT&T was to open up a new R&D/innovation lab in Europe...
    From The Founder
    The independent evaluation of Nokia's key virtual network functions (VNFs) was a defining moment for the Finnish giant.
    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 Custom TV
    Cisco's Innovations in Cable

    5|26|16   |   03:18   |   (0) comments


    Marc Aldrich from Cisco discusses the latest in security, the evolution and momentum for CCAP and what the industry will be seeing next from Cisco.
    LRTV Documentaries
    Leading Lights 2016 Highlights

    5|25|16   |   02:26   |   (1) comment


    Some of the high points from this year's Leading Lights awards dinner at the Hotel Ella in Austin, Texas.
    LRTV Documentaries
    Light Reading Hall of Fame 2016

    5|23|16   |   05:43   |   (0) comments


    Find out who has been welcomed into Light Reading's Hall of Fame this year.
    LRTV Custom TV
    ZTE TM Forum Highlights

    5|23|16   |     |   (0) comments


    ZTE showcased its new ICT solutions at TM Forum in Nice.
    LRTV Interviews
    Gamma's MD on the Emergence of UC2

    5|20|16   |     |   (0) comments


    Gamma Communications Managing Director David Macfarlane believes the unified communications (UC) market has reached a tipping point.
    LRTV Custom TV
    The Ultimate 5-Minute Guide to Digital Customer Engagement

    5|20|16   |     |   (0) comments


    In this short video, you will hear all about how Digital Customer Engagement is the key to meeting customer expectations, keeping them happy, and maximizing revenue. VP Product & Marketing at Pontis, Ofer Razon, breaks down for ...
    LRTV Custom TV
    NFV in 2016: Part 1 – NFV Use Cases Get Real

    5|19|16   |   05:57   |   (0) comments


    Consensus is building around the key use cases for NFV, including managed IP services at the network edge and on customer premises, which can generate new revenues from enterprises/SMBs and consumers; Evolved Packet Core to support LTE migration; and adjacent technologies, such as TAS and IMS, to support VoLTE and next-generation charging and policy control ...
    LRTV Custom TV
    Nokia's Steve Vogelsang on NFV – Part 3

    5|19|16   |     |   (0) comments


    Steve Vogelsang discusses the challenges of operational transformation and how Nokia helps its customers. Join Steve at the Big Communications Event in Austin the morning of May 24, on his keynote and optical networking panel.
    LRTV Interviews
    Level 3: Why UC Is In Demand

    5|17|16   |   04:12   |   (1) comment


    Andrew Edison, Level 3's senior VP of sales, EMEA region, talks about the drivers of growth in the unified communications services market.
    LRTV Custom TV
    ARM's OPNFV Action

    5|17|16   |     |   (0) comments


    At the ARM booth at MWC 2016, Joe Kidder and Bob Monkman speak to Light Reading about OPNFV and their upcoming action.
    LRTV Custom TV
    Nokia's Steve Vogelsang on NFV – Part 2

    5|16|16   |     |   (0) comments


    Steve Vogelsang gives advice to service providers on how to move to NFV. Join Steve at the Big Communications Event in Austin the morning of May 24, on his keynote and optical networking panel.
    LRTV Interviews
    Interoute CTO on NFV's Maturity

    5|13|16   |   06:46   |   (1) comment


    Matt Finnie, CTO at international operator Interoute, explains how NFV has made life easier in terms of logistics and how Interoute can now enable a 'software-defined moment' for its customers.
    Upcoming Live Events
    September 13-14, 2016, The Curtis Hotel, Denver, CO
    December 6-8, 2016,
    June 16-18, 2017, Austin Convention Center, Austin, TX
    All Upcoming Live Events
    Infographics
    A new survey conducted by Heavy Reading and TM Forum shows that CSPs around the world see the move to digital operations as a necessary part of their overall virtualization strategies.
    Hot Topics
    DT: Telcos Must Escape Vendor Prison
    Iain Morris, News Editor, 5/24/2016
    AT&T to Start 5G 'Friendly' Trial by 2016 End
    Dan Jones, Mobile Editor, 5/24/2016
    Cisco's Patel Hails 'Microculture' Successes
    Iain Morris, News Editor, 5/26/2016
    AT&T's Margaret Chiosi Retires
    Ray Le Maistre, Editor-in-chief, 5/25/2016
    Cable Is Eyeing Its Retail Options
    Mari Silbey, Senior Editor, Cable/Video, 5/25/2016
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    In this latest installment of the CEO Chat series, Craig Labovitz, co-founder and CEO of Deepfield, sits down with Light Reading's Steve Saunders in Light Reading's New York City office to discuss how Deepfield fits in with the big data trend and more.
    Grant van Rooyen, president and CEO of Cologix, sits down with Steve Saunders, founder and CEO of Light Reading, in the vendor's New Jersey facility to offer an inside look at the company's success story and discuss the importance of security in the telecom industry.
    Animals with Phones
    Please Pass the Waterproof Phone Click Here
    Walruses: more tech-savvy than you might think.
    Live Digital Audio

    Our world has evolved through innovation from the Industrial Revolution of the 1740s to the information age, and it is now entering the Fourth Industrial Revolution, driven by technology. Technology is driving a paradigm shift in the way digital solutions deliver a connected world, changing the way we live, communicate and provide solutions. It can have a powerful impact on how we tackle some of the world’s most pressing problems. In this radio show, Caroline Dowling, President of Communications Infrastructure & Enterprise Computing at Flex, will join Women in Comms Director Sarah Thomas to discuss the impact technology has on society and how it can be a game-changer across the globe; improving lives and creating a smarter world. Dowling, a Cork, Ireland, native and graduate of Harvard Business School's Advanced Management Program, will also discuss her experience managing an international team focused on innovation in an age of high-speed change.