& cplSiteName &

Euronews: Ericsson Lands 'Project Spring' Deal

Paul Rainford
2/26/2014
50%
50%

Also in today's EMEA regional roundup: Telekom Austria disappoints; Czech developments; SFR puts brakes on Viviendi.

  • Project Spring is in the air for Ericsson AB (Nasdaq: ERIC), which has landed a five-year network upgrade contract with Vodafone Group plc (NYSE: VOD) as part of the operator's seasonally monikered investment program. The contract includes a revamp and extension of Vodafone's 2G and 3G networks as well as a build-out of 4G services. Various support services will also be included as part of the deal, the financial details of which were not revealed. Following Vodafone's announcement that it was selling its stake in Verizon Wireless for US$130 billion, the mobile giant said it would set aside more than $11 billion for a three-year capital expenditure splurge. (See Vodafone Ups 'Project Spring' Capex to $11B+.)

  • Telekom Austria AG (NYSE: TKA; Vienna: TKA), which is being eyed by Mexican telecom billionaire Carlos Slim, has posted fourth-quarter EBITDA (earnings before interest, tax, depreciation and amortization) down 18% year-on-year to €262.3 million ($360.5 million), reports Bloomberg. The operator, which is still partly state-controlled, has faced regulatory pressures at home and challenging conditions in its Eastern European markets.

  • It's all happening in the Czech Republic, reports Reuters: Telefónica SA (NYSE: TEF)'s Czech unit and T-Mobile Czech Republic a.s. are in talks about sharing their 4G networks nationwide (apart from the cities of Prague and Brno), while China's Huawei Technologies Co. Ltd. is to build new 4G networks for all three Czech mobile operators, including the two aforementioned plus Vodafone Czech Republic a.s. .

  • Shares in France's Vivendi fell more than 5% Tuesday reports the Financial Times (subscription required) following full-year figures that showed that its mobile unit, SFR , was still struggling in the face of competition, not least from cut-price rival Iliad (Euronext: ILD).

  • The UK government, which has come in for a lot of flak for the way in which it has handled the rollout of high-speed broadband, has announced how it intends to spend the £250 million ($417 million) it had set aside to improve broadband services in remote rural areas, reports the BBC. Local councils will have a month to decide how they are going to spend their share, which doesn't sound long. (See Euronews: UK's Broadband Plan Gets EU Nod and Great Britain? I Don't Think So.)

  • As from today, the video-streaming service LoveFilm is to be merged into Amazon's UK website, as part of its Amazon Prime fixed-price delivery service, and be re-branded Prime Instant Video. Existing subscribers to Amazon Prime will now find they have access to the LoveFilm roster of movies and TV content -- but on the downside, they will find that the price of their annual subscription to the Prime service, which frees them from paying individual postage costs on most Amazon orders, has been hiked from £49 ($82) to £79 ($132) when they come to renew their Prime subscriptions in February 2015. Consumer radio programs in the UK have already been crackling to the sound of disgruntled Prime users. Amazon took control of LoveFilm in 2011.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (1)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    DOShea
    50%
    50%
    DOShea,
    User Rank: Blogger
    2/26/2014 | 10:15:37 PM
    Telekom Austria
    This company may be struggling, but it could be a big step for Slim in Europe. If he gets control, I would see him move on other regional interests very quickly.
    Light Reading’s Upskill U is a FREE, interactive, online educational resource that delivers must-have education on themes that relate to the overall business transformation taking place in the communications industry.
    NEXT COURSE
    Wednesday, August 3, 1:00PM EDT
    The Central Office Re-Architected as a Data Center
    Guru Parulkar, Executive Director, Open Networking Research Center, Open Networking Lab
    UPCOMING COURSE SCHEDULE
    Wednesday, August 10, 1:00PM EDT
    Telcos & Open Source 101
    Phil Robb, Senior Technical Director, OpenDaylight
    Friday, August 12, 1:00PM EDT
    The Role of Open Source in NFV
    Jim Fagan, Director, Cloud Practice, Telstra
    Wednesday, August 17, 1:00PM EDT
    Using Open Source for Data Centers and Cloud Services
    Roz Roseboro, Senior Analyst, Heavy Reading
    in association with:
    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 Custom TV
    Reinventing Operations for a Virtual, Software-Defined World

    7|28|16   |   5:23   |   (0) comments


    Heavy Reading Senior Analyst Jim Hodges speaks with Accenture's Larry Socher and Matt Anderson about what service providers must do to transform their business to get the benefits of SDN and NFV including: leveraging DevOps, introducing real-time OSS and implementing analytics.
    Women in Comms Introduction Videos
    Fujitsu Sales Leader Shares Lessons Learned

    7|27|16   |   5:12   |   (1) comment


    As Fujitsu's only female sales leader, Annie Bogue knows the importance of asking for what you want, being flexible (she's been relocated five times), keeping a meticulous calendar, 'leaning in,' working harder than everyone else around you, being aware and more.
    Telecom Innovators Video Showcase
    VeEX Test & Measurement Solutions

    7|25|16   |   08:57   |   (0) comments


    Cyrille Morelle, president and CEO of VeEX Inc., talks test and measurement with Light Reading's Steve Saunders at BCE 2016. This includes innovative products such as VeSion Cloud-Based platform for network monitoring; MTTplus Modular Test platform for Access, Business, Carrier Ethernet, Transport and Core services; and OPX-BOX+ for Fiber Optics.
    LRTV Custom TV
    VeEX: Live From BCE 2016

    7|25|16   |   03:20   |   (0) comments


    VeEX's Senior Director of Business Development, Perry Romano, explains how VeEX provides tools to help install, maintain, monitor and manage network infrastructure efficiently and effectively. The portfolio of products on display include the RXT-6000, MTTplus and TX300s.
    LRTV Custom TV
    Real-Time Telemetry & Analytics for Intelligent SDN Orchestration

    7|25|16   |   03:09   |   (0) comments


    Packet Design CEO Scott Sherwood discusses how real-time network telemetry and analytics are enabling a new breed of SDN orchestration applications.
    From the Founder
    The Russo Report: Driving Disruption

    7|25|16   |   07:44   |   (0) comments


    In the first episode of a four-part series, Light Reading Founder and CEO Steve Saunders and Calix President and CEO Carl Russo drive around town discussing the disruptive mega-changes in the communications industry and where hope lies for service providers to meet the escalating demands of the cloud.
    LRTV Custom TV
    NetScout: Maximizing Enterprise Cloud for Digital Transformation

    7|20|16   |   04:53   |   (0) comments


    Light Reading Editor Mitch Wagner talks to NetScout CMO Jim McNiel about maximizing the benefits of enterprise cloud and digital transformation while minimizing potential pitfalls with a proper monitoring and instrumentation strategy.
    Women in Comms Introduction Videos
    Ciena's VP Offers a Career Crash Course

    7|20|16   |   4:14   |   (2) comments


    How did Ciena's Vice President of Sales, Angela Finn, carve out her career path? Simple, she tells WiC. She stayed true to her company, customers and principles. She shares her advice for women on how to be authentic and credible, as well as for companies that want to make a real change to their culture and practices.
    LRTV Custom TV
    NFV in 2016: Part 2 – Climbing the Virtualization Maturity Curve

    7|19|16   |   06:56   |   (0) comments


    Many of the initial use case implementations are single-vendor and self-contained. The industry is still climbing the virtualization maturity curve, needing further clarity and stability in the NFV infrastructure (NFVi) and greater availability and choice of virtualized network functions (VNFs). Interoperability between NFVis and VNFs from different vendors ...
    Telecom Innovators Video Showcase
    Versa Networks' Kumar Mehta on SD-WAN Managed Services

    7|19|16   |     |   (0) comments


    In Silicon Valley, Steve Saunders sits down with Versa's Kumar Mehta for an interview focused on why service providers are building SD-WAN managed services, and how Versa's telco customers are innovating.
    LRTV Custom TV
    Juniper Networks & The Evolution of NFV

    7|19|16   |   06:01   |   (0) comments


    Senior Juniper Networks executives talk to Light Reading Founder & CEO Steve Saunders about NFV developments and the recent independent evaluation by test lab EANTC of Juniper's Cloud CPE solution.
    LRTV Interviews
    CenturyLink Goes Beyond Managed WiFi

    7|19|16   |     |   (0) comments


    CenturyLink's managed WiFi allows enterprises, such as retailers and resorts, to track guest WiFi usage in order to help them better communicate with customers.
    Upcoming Live Events
    September 13-14, 2016, The Curtis Hotel, Denver, CO
    November 3, 2016, The Montcalm Marble Arch, London
    November 30, 2016, The Westin Times Square, New York City
    December 6-8, 2016,
    May 16-17, 2017, Austin Convention Center, Austin, TX
    All Upcoming Live Events
    Infographics
    Five of the Top 10 most targeted countries in Check Point Software Technologies' global Malware & Threat Index for Q1 2016 are in Africa.
    Hot Topics
    Verizon Sports Big Plans for Yahoo
    Alan Breznick, Cable/Video Practice Leader, Light Reading, 7/26/2016
    Light Reading Beyond
    Steve Saunders, CEO and founder, Light Reading, 7/28/2016
    Are IP/Optical Integration Initiatives Moving to Silos?
    Faisal Khan, Network Operator Technology Planning Dept., 7/28/2016
    Yahoo Signing Off in $4.83B Sale to Verizon
    Mari Silbey, Senior Editor, Cable/Video, 7/25/2016
    Ericsson Board Has Been Asleep at the Wheel – Consultant
    Ray Le Maistre, Editor-in-chief, 7/25/2016
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    There's no question that, come 2020, 5G technology will turn the world's conception of what mobile networking is on its head. Within the world of 5G development, Dr. ...
    I've enjoyed interviewing many interesting people since I rejoined Light Reading, but William A. "Bill" Owens certainly takes the biscuit, as we say where I come from.
    Animals with Phones
    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.