Light Reading
Also in today's regional roundup: Belgacom holds steady and inks new deal with Vodafone; Turkcell ownership battle over.

Eurobites: Iliad Slumps on T-Mobile Bidding Battle Fears

Ray Le Maistre
8/1/2014
50%
50%

Also in today's regional roundup: Belgacom holds steady and inks new deal with Vodafone; Turkcell ownership battle over.

  • Iliad (Euronext: ILD) saw its share price lose almost 8% of its value on the Paris stock exchange Friday morning, reflecting investor concern that the French operator might get drawn into a bidding battle for T-Mobile US Inc. following its audacious offer for a majority stake in the US service provider. Iliad, best known for disrupting the French market with its Free brand, has offered $15 billion in cash for a 56.6% stake in T-Mobile US, which just reported that it hit 50 million customers, but according to this this Reuters report, it runs the risk of engaging in a bidding war with Sprint Corp. (NYSE: S). (See Iliad Offers $15B for a Stake in T-Mobile, Does T-Mobile Need Sprint to Scale?, T-Mobile Expands VoLTE, Gets Going with 700MHz 4G and Sprint, T-Mobile Settle on $32B Price.)

  • Belgacom SA (Euronext: BELG) generated revenues only slightly down from a year ago at nearly 1.57 billion ($2.1 billion), and reported earnings that were higher than expected due to one-time gains. The near stabilization of revenues is significant, as the operator reported a 6% year-on-year dip in sales for the first quarter, and the general trend among European incumbent operators is for a steady decline in group revenues. See this earnings release and this Marketwatch report for more details.

  • Vodafone Group plc (NYSE: VOD) and Belgacom have renewed their Partner Market agreement in Belgium and Luxembourg for a further three years. In addition to a standard roaming agreement, the partnership provides Vodafone Global Enterprise customers with international managed services through a single point of contact in those countries. The two companies also team up for joint mobile device procurement.

  • A seven-year battle for ownership of Turkcell Iletisim Hizmetleri A.S. (NYSE: TKC) appears to be over after conglomerate Cukurova Holding paid Alfa Group US$1.6 billion for a disputed stake in Turkey's biggest mobile operator. See this Reuters article for more.

  • Swedish cable operator Com Hem AB , which staged a successful IPO in June, has been linked to a possible takeover bid for Norway's second largest cabl;e operator, Get, according to Reuters. (See Eurobites: Com Hem Sparks Gold Rush.)

  • 3 Group Europe, the regional mobile business that is part of the Hutchison Whampoa Ltd. (Hong Kong: 0013; Pink Sheets: HUWHY) empire, reported improved financials and customer numbers for the first half of 2014. The group, which has operations in Austria, Denmark, Ireland, Italy, Sweden and the UK, had 22.6 million active customers at the end of June, and generated revenues of HK$31.1 billion (US$4 billion) in the first half of the year, up 3% year-on-year. Earnings before interest and tax (EBIT) improved 23% to HK$2.28 billion (US$294 million).

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

    (6)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View
    ethertype
    50%
    50%
    ethertype,
    User Rank: Light Sabre
    8/3/2014 | 6:56:56 PM
    Iliad: "Oops!"
    Iliad's bid clearly made no sense.  Now the market is telling them so.  Let's see how quickly can they issue another press release with some half-baked cover story for why they're backing out. 
    mendyk
    50%
    50%
    mendyk,
    User Rank: Light Sabre
    8/1/2014 | 1:44:48 PM
    Re: Profile raised....
    A Jersey band. Of course.
    James_B_Crawshaw
    50%
    50%
    James_B_Crawshaw,
    User Rank: Blogger
    8/1/2014 | 1:32:18 PM
    Re: Profile raised....
    Ah yes, Summer Madness was a big hit for KatG back in 1974. Very topical I think ...
    Ray@LR
    50%
    50%
    Ray@LR,
    User Rank: Blogger
    8/1/2014 | 12:33:01 PM
    Re: Profile raised....
    I prefered Kool and the Gang... 
    mendyk
    50%
    50%
    mendyk,
    User Rank: Light Sabre
    8/1/2014 | 12:01:12 PM
    Re: Profile raised....
    Ray -- Given your love of the Greek classics (ouzo, spanikopita, etc.), I am surprised you haven't referred yet to Iliad's Odyssey. That shows great restraint on your part.
    Ray@LR
    50%
    50%
    Ray@LR,
    User Rank: Blogger
    8/1/2014 | 8:07:15 AM
    Profile raised....
    SO everyone in France knows Iliad/Free very well -- now a lot more people globally are paying attention....
    Flash Poll
    LRTV Huawei Video Resource Center
    Sales Director of INIT on Plug & Play Switch Devices

    9|19|14   |   3:21   |   (0) comments


    INIT Italy uses both the Huawei S5700 and S7700 series switches for the campus LAN environment. Sales Director Andrea Curti says their company chose these Huawei devices over others because of their performance, flexible scalability and plug-and-play features.
    LRTV Huawei Video Resource Center
    Saudi Arabia Upgrades Vocational Training System

    9|19|14   |   3:31   |   (0) comments


    The Technical and Vocational Training Corporation (TVTC) has 100,000 students, 150 government-owned institutions and oversees 1000 private institutes. The CIO of TVTC explains that Huawei devices have allowed them to manage multiple datacenters using just one software program, scientifically tracking the progress of students and teachers, saving them millions.
    LRTV Huawei Video Resource Center
    Huawei's Media Solutions Are Here to Stay

    9|19|14   |   4:35   |   (0) comments


    The current media revolution requires rapid upgrades in technology. New formats (HD, 3D, 4K etc.) and the subsequent explosion of file sizes demand sophisticated network and storage architecture. Social media and the multiple distribution channels require a robust asset management system. Gartner analyst Venecia Liu speaks about the current technological trends in ...
    LRTV Huawei Video Resource Center
    Microgenesis on Huawei's Switches

    9|19|14   |   3:57   |   (0) comments


    Microgenesis is a solutions and system integrator company in the Philippines whose areas of expertise include data centers, networking and security products. In this video, Executive Director Jeffrey Choa talks to us about his customers needs and they benefit from using Huawei switches.
    LRTV Huawei Video Resource Center
    Network Solutions Help the Philippines Jump Ahead

    9|17|14   |   2:59   |   (0) comments


    In the past, the Philippines has under-invested in technology. Now, the CEO of Softshell talks about how Huawei products help the Philippines jump ahead as the economy improves.
    LRTV Huawei Video Resource Center
    VCS Observation for Safer Cities in the Netherlands

    9|17|14   |   5:20   |   (0) comments


    Holland's VCS Observation has been operating for 22 years. Its main goal is to get cities safer. CEO Wim van Deijzen tells us some of the challenges his company faces and how Huawei is helping to overcome these challenges.
    LRTV Huawei Video Resource Center
    A Conversation With Serbia's Ministry of Interior

    9|17|14   |   4:38   |   (0) comments


    At HCC 2014, the Assistant Minister of the Ministry of Interior of the Republic of Serbia talks to us about his projects and corporation with Huawei. Solutions like Safe City and E-Government and services like cloud computing are just some of the areas his department is interested in.
    LRTV Huawei Video Resource Center
    IHS Analyst Discusses eLTE at CCW 2014

    9|10|14   |   7:09   |   (0) comments


    Thomas Lynch, associate director of critical communications at IHS Technology, talks about broadband in critical communications.
    LRTV Huawei Video Resource Center
    TCAA on Huawei eLTE: A Broadband Solution for Mission-Critical Communications

    9|10|14   |   2:29   |   (0) comments


    At CCW2014 in Singapore, the TCCA's Phil Kidner talks about the importance of broadband data for critical communications.
    LRTV Custom TV
    Spotlight on Cisco: SDN for Optical Networks

    9|8|14   |   9:27   |   (0) comments


    Cisco's Greg Nehib talks OpenFlow and more on the 'Software-Defined Networking for Optical Networks' panel at the Big Telecom Event in June 2014.
    LRTV Custom TV
    Cisco's Evolved Programmable Network (EPN)

    9|8|14   |   4:05   |   (0) comments


    A look at the various demos Cisco showed at Light Reading's Big Telecom Event highlighting Cisco's EPN innovation and how SDN and NFV technologies are enabling a variety of new services.
    LRTV Huawei Video Resource Center
    The Future of Ultra-Broadband, With Kevin Kelly (UBBF2014)

    9|5|14   |   1:13   |   (1) comment


    If you think the technological changes we've seen up to now are astounding, just wait until you see what the future has in store. Discuss upcoming breakthroughs with Kevin Kelly, Founding Executive Editor of Wired Magazine, at the Huawei Ultra-Broadband Forum on September 24.
    Upcoming Live Events!!
    September 23, 2014, Denver, CO
    October 29, 2014, New York City
    November 6, 2014, Santa Clara
    November 11, 2014, Atlanta, GA
    December 2, 2014, New York City
    December 3, 2014, New York City
    December 9-10, 2014, Reykjavik, Iceland
    June 9-10, 2015, Chicago, IL
    Infographics
    A survey conducted by Vasona Networks suggests that 72% of mobile users expect good performance all the time, and they'll blame the network operator when it's not up to par.
    Today's Cartoon
    Vacation Special Caption Competition Click Here
    Latest Comment
    Hot Topics
    AT&T: We'll Bundle Fixed Wireless & DirecTV
    Mari Silbey, Independent Technology Editor, 9/15/2014
    New NFV Forum Focused on Interoperability
    Carol Wilson, Editor-at-large, 9/16/2014
    NFV & The Data Center: Top 10 Takeaways
    Sarah Reedy, Senior Editor, 9/18/2014
    Connecticut Cities Crowdsource Gigabit Nets
    Jason Meyers, Senior Editor, Utility Communications/IoT, 9/15/2014
    Pics: LR's Women in Telecom Breakfast
    Sarah Reedy, Senior Editor, 9/16/2014
    Like Us on Facebook
    Twitter Feed