& 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
    Download our complete guide to de-risking NFV deployment in 2016, including:
  • An eight-step strategy to deploying NFV safely, based on input from the companies that have already started virtualizing their production networks.
  • Interviews with leading executives at Colt, AT&T, Deutsche Telekom, Cisco, Nokia, ZTE, Ericsson and Heavy Reading.
  • Flash Poll
    Live Streaming Video
    Prepping for the Future: Upskill U Explained
    During this short kick-off video, Doug Webster, Vice President of Service Provider Marketing, Cisco, and Light Reading’s CEO & Founder Steve Saunders give an overview of Upskill U.
    LRTV Interviews
    Ditching the Slash & the Orchestration Wars

    5|3|16   |     |   (2) comments


    SDN and NFV have been inextricably bound with each other for so long that on a conceptual level, smooshing them together into one catch-all phrase – SDNFV – is now justifiable, according to Dan Pitt, executive director of the Open Networking Foundation (ONF). Light Reading spoke to Pitt at the NFV World Congress, where he explained that the next ...
    LRTV Custom TV
    ZTE TV Connect Highlights

    5|3|16   |     |   (0) comments


    ZTE gives us a tour of its booth and new products at TV Connect in London.
    LRTV Custom TV
    Deluxe's Unified Delivery Solution

    5|3|16   |     |   (0) comments


    Join Alan Breznick of Light Reading and visit the Deluxe booth at NAB! Here you'll find Deluxe's Unified Delivery Solution, OTT video, virtual reality, HDR, 4K and much more!
    LRTV Interviews
    Verizon Puts Gray Boxes in the Shade

    5|2|16   |   04:33   |   (1) comment


    When it comes to the white box trend, "gray" boxes, which have a slight proprietary twist, don't give service providers and end users the advantages they're seeking, according to Verizon's Vice President of Product and New Business Innovation Shawn Hakl.
    LRTV Custom TV
    Dealing With a Disrupted Video Market

    5|2|16   |     |   (0) comments


    Ericsson's Simon Frost discusses how traditional pay-TV providers can cope with the big changes wrought by the rise of OTT video and IP technology.
    LRTV Custom TV
    The VNF Responsibility of Red Hat

    5|2|16   |     |   (0) comments


    At MWC, Caroline Chappell of Heavy Reading visits the Red Hat booth and sits down with Chris Wright to talk about the responsibility the VNF needs to take on in order to ensure the operators get the carrier-grade performance they expect for their network.
    LRTV Interviews
    AT&T Expert on the Key Pillars of UC

    4|29|16   |   03:58   |   (0) comments


    Vishy Gopalakrishnan, AVP of product marketing at AT&T, talks about the three developments that are making unified communications and collaboration secure and reliable for enterprise users.
    LRTV Documentaries
    LRTV Report: Mobile Core Innovation

    4|28|16   |   25:32   |   (0) comments


    Hear from multiple industry experts from Deutsche Telekom, SK Telecom, Heavy Reading, Huawei, Cisco, Ericsson, Nokia, NEC and many more about developments in the mobile core as operators virtualize their IMS and evolved packet core systems and prepare for a 5G world.
    LRTV Huawei Video Resource Center
    NFV World Congress Highlight

    4|26|16   |     |   (0) comments


    The highlight of the NFV World Congress contains exciting telecom news. Join us for an inside look at Huawei's ICT 2020 plan and its latest collaboration with industry leaders.
    LRTV Interviews
    Unified Comms Finds Its Voice

    4|25|16   |   03:44   |   (0) comments


    Peter Quinlan, VP of UCC Product Management at Tata Communications, talks about the evolution of the unified communications and collaboration services sector and how voice is now a big part of current developments.
    LRTV Documentaries
    So... What Do We Do Now?

    4|25|16   |   03:24   |   (0) comments


    After a long hiatus, Max Dingman, the CEO of a GeeGhiz, returns for a motivational board room pep talk.
    LRTV Documentaries
    NAB 2016 Highlights

    4|21|16   |     |   (0) comments


    Light Reading's Cable/Video Practice Leader Alan Breznick climbs down from the slots to tell us about the latest news in broadcast technology at NAB 2016 in Las Vegas.
    Upcoming Live Events
    May 23, 2016, Austin, TX
    May 23, 2016, Austin Convention Center
    May 24-25, 2016, Austin Convention Center, Austin, TX
    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
    Ultra-Broadband Summit, Hong Kong
    Iain Morris, News Editor, 4/27/2016
    Amazon AWS Reports $2.6B Quarterly Revenue, Up a Colossal 64%
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 4/28/2016
    WiCipedia: Woman Cards & Bitch Switches
    Sarah Thomas, Director, Women in Comms, 4/29/2016
    Rovi Reels in TiVo for $1.1B
    Mari Silbey, Senior Editor, Cable/Video, 4/29/2016
    FCC Poised to Re-Regulate Wholesale Access
    Carol Wilson, Editor-at-large, 4/28/2016
    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
    Sloth Mail Click Here
    Sloth mail -- somehow even slower than snail mail.
    Live Digital Audio

    Of all the tech companies in the Valley, Intel has made the most aggressive commitment to building a diverse and inclusive workplace culture. It's doing so by taking concrete, measurable steps, making a large financial investment and through a commitment to complete transparency about its progress. In this radio show, WiC Director Sarah Thomas will be joined by Shlomit Weiss, Intel's Vice President, Data Center Group, and General Manager of Networking Engineering, who will share with us why Intel is tackling this huge challenge, how and to what effect. She will also discuss her unique experiences leading development of Client SOC development in the past and today leading development of all of the chipmaker's silicon hardware for networking IPs and discrete devices and managing a team of 600 engineers across Israel, Europe and the US.