Light Reading

Euronews: Nokia Handsets Sale Delayed

Paul Rainford
3/24/2014
50%
50%

Also in today's EMEA roundup: Interoute profits up; Turkey defends Twitter ban; Huawei in Zambia; why Vodafone was nearly Vodaphone.

  • Nokia Corp. (NYSE: NOK)'s sale of its handsets division to Microsoft Corp. (Nasdaq: MSFT) has been delayed until at least next month, as Asian antitrust regulators take a closer look at the deal, reports Bloomberg. The concerns of rival, Asia-based phone makers expressed to Chinese authorities are thought to be a factor in the delay, but both Nokia and Microsoft are understandably keen to present the news as a temporary hitch that will not derail the deal. (See Euronews: Nokia's Handsets Go Out With a Whimper, Euronews: Nokia/Microsoft Deal Wins EC Approval, and Nokia: It's Really Happening.)

  • Pan-European communications and cloud services provider Interoute saw its full-year EBITDA (earnings before interest, tax, depreciation and amortization) grow by 16% to €91 million (US$125 million) in 2013 from revenues of €417 million $575 million), up 2% from the previous year.

  • The Turkish government has been defending its Twitter ban, reports the BBC, with the country's finance minister claiming that the authorities had asked Twitter on "a number of occasions to remove some content on the back of court orders," but that the social media platform had refused to comply.

  • Huawei Technologies Co. Ltd. has been named as the GSM-R infrastructure provider for Zambia Railways in a deal worth $51 million to the Chinese vendor. Huawei will work with train manufacturer Bombardier to implement a new signalling system that should improve the safety and increase the capacity of the railway network.

  • Russia's VimpelCom Ltd. (NYSE: VIP) has appointed Yogesh Malik its new CTO. Malik was previously CEO of Uninor , the Indian mobile subsidiary owned by Telenor ASA (Nasdaq: TELN), which itself holds a major stake in VimpelCom.

  • The weekend saw the 30th anniversary of the launch of the Vodafone brand -- and a press release marking the milestone reveals that it was so very nearly "Vodaphone." Apparently, the then CEO of Racal Electronics, Sir Gerry Whent, initially rejected the suggestion (from ad agency Saatchi & Saatchi) but he eventually relented, reputedly saying "you can have your flipping 'f' as well."

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (2)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    Kruz
    50%
    50%
    Kruz,
    User Rank: Light Sabre
    3/25/2014 | 8:56:34 AM
    Re: Nokia
    Indeed. But on the other side, it will give Nokia the time to appoint its new CEO and set it strategy moving forward.
    SarahReedy
    50%
    50%
    SarahReedy,
    User Rank: Blogger
    3/24/2014 | 12:17:00 PM
    Nokia
    Does this mean more patent concessions are immeninent?
    Flash Poll
    From The Founder
    Anshul Sadana answers questions from Steve Saunders, Light Reading's founder and CEO, about Arista's CloudVision, a global cloud network controller for workload orchestration and workflow automation delivering a turnkey solution for cloud networking.
    Live Streaming Video
    CLOUD / MANAGED SERVICES: Prepping Ethernet for the Cloud
    Moderator: Ray LeMaistre Panelists: Jeremy Bye, Leonard Sheahan
    Between the CEOs
    Video Exclusive With Basil Alwan, Alcatel-Lucent

    7|24|15   |   26:44   |   (4) comments


    Basil Alwan, President of IP Routing & Transport at Alcatel-Lucent, discusses virtualization, cultural challenges, the capex crunch and more with Light Reading founder and CEO Steve Saunders.
    LRTV Custom TV
    VDF: Enable the Financial With Mobile Money

    7|20|15   |   06:53   |   (0) comments


    Ian Ravenscroft discusses how operators can expand to occupy the entire digital services value chain through service innovation.
    LRTV Custom TV
    Telefónica on OSS Transformation

    7|20|15   |   06:01   |   (0) comments


    Jose Gonzales discusses the details of Telefónica's operation transformation program.
    LRTV Custom TV
    Judi Achmadi on Huawei's Cloud Storage Solution

    7|20|15   |   03:33   |   (0) comments


    Judi discusses the key business goals of TelekomSigma's public cloud service and how Huawei's solution helps them address challenges.
    LRTV Custom TV
    KPN Enlightening Digital Business & IT Transformation

    7|20|15   |   06:19   |   (0) comments


    Rob de Beer discusses the changes that operators need to make with service innovation now coming from the Internet world.
    LRTV Custom TV
    Stratus Telco-Grade Cloud Solutions & NFV

    7|20|15   |   07:34   |   (0) comments


    Ali Kafel from Stratus Technologies addresses high-availability concerns within the telco industry with a solution that enables telcos to provide high-availability and stateful fault-tolerance using a software-based approach.
    LRTV Documentaries
    The Six Million Dollar Business Man

    7|20|15   |   01:52   |   (0) comments


    Steve Saunders, publisher. A man barely alive after an acquisition malfunction imploded the company he founded. Gentlemen, we can rebuild Light Reading. Better, faster, stronger.
    Between the CEOs
    CEO Chat With Anukool Lakhina, Guavus

    7|20|15   |   38:51   |   (1) comment


    Guavus CEO Anukool Lakhina talks to Light Reading founder and CEO Steve Saunders about the role of operational analytics in the communications services and networking sectors, particularly in relation to IoT.
    LRTV Custom TV
    IBM's Flash Storage With Intel QuickAssist

    7|20|15   |   03:18   |   (0) comments


    Intel's Bev Crair and IBM's Eric Herzog discuss how IBM's V9000 Flash Storage System has helped customers around the world. Featuring real-time compression powered by Intel QuickAssist Technology, the V9000 is a next-gen flash storage solution.
    LRTV Huawei Video Resource Center
    Thailand's AIS: Transforming to an FMC Operator

    7|17|15   |   4:53   |   (0) comments


    Saran Phaloprakarn, Senior VP of Fixed Broadband Business Management of Thailand's AIS, was a keynote speaker at the first Asia-Pacific Ultra Broadband Summit in Bangkok. In this video, he talks to Heavy Reading about transforming into an FMC (FBB+MBB+Content) operator.
    LRTV Huawei Video Resource Center
    Cambodia's TRC Discusses Its Plans for National Broadband

    7|17|15   |   10:33   |   (0) comments


    In this video, Chakyra Moa, Chairman of Telecommunication Regulator of Cambodia (TRC), talks in in-depth with Heavy Reading about the Cambodia's current telecom market and TRC's goals and expectations for the future.
    LRTV Documentaries
    5G Phone

    7|16|15   |   2:09   |   (4) comments


    A man has an opportunity to purchase the world's first working 5G phone. Imagine the possibilities...
    Upcoming Live Events
    September 16-17, 2015, The Westin Galleria Dallas, Dallas, TX
    September 16, 2015, The Westin Galleria Dallas, Dallas, TX
    September 16, 2015, The Westin Galleria Dallas, Dallas, TX
    September 29-30, 2015, The Westin Grand Müchen, Munich, Germany
    October 14-15, 2015, New Orleans Ernest N. Morial Convention Center, New Orleans, LA
    November 5, 2015, Hilton Santa Clara, Santa Clara, CA
    December 1, 2015, The Westin Times Square, New York City
    All Upcoming Live Events
    Infographics
    Network operators start seeing savings from NFV in the first year, according to a study by Affirmed Networks and ACG.
    Hot Topics
    AT&T U-verse TV Hits the Skids
    Alan Breznick, Cable/Video Practice Leader, 7/24/2015
    Robbins Succeeds Chambers as Cisco Changes CEOs
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 7/27/2015
    Qualcomm Wants FCC to Stay Out of LTE-U Fray
    Sarah Thomas, Editorial Operations Director, 7/27/2015
    RJio to Launch Its Own 4G Devices Brand
    Gagandeep Kaur, Contributing Editor, 7/27/2015
    Like Us on Facebook
    Twitter Feed
    September 22, 2015
    Media Begins With “Me”
    Webinar Archive
    BETWEEN THE CEOs - Executive Interviews
    Basil Alwan, President of IP Routing & Transport at Alcatel-Lucent, discusses virtualization, cultural challenges, the capex crunch and more with Light Reading founder and CEO Steve Saunders.
    Guavus CEO Anukool Lakhina talks to Light Reading founder and CEO Steve Saunders about the role of operational analytics in the communications services and networking sectors, particularly in relation to IoT.
    Cats with Phones
    Distract-a-Cat Click Here
    The vibrate function makes for a useful cat distraction.