Light Reading
Also in today's EMEA regional roundup: Ericsson reports Q1; Orange lines up man from the ministry; Spirent profits up; Russia's Zuckerberg does a runner.

Eurobites: M&A Speculation Circles Colt

Paul Rainford
4/23/2014
50%
50%

Also in today's EMEA regional roundup: Ericsson reports Q1; Orange lines up man from the ministry; Spirent profits up; Russia's Zuckerberg does a runner.

  • Financial analysts are hinting that Colt Technology Services Group Ltd (London: COLT) might be sold following Tuesday's first-quarter financials and the announcement of a strategic shift that will see the service provider withdraw from the majority of its wholesale voice deals. The Guardian reports that analysts believe Colt's majority owner, Fidelity Investments, might be running out of patience with the operator and may look to sell its near 65% stake. Colt's share price stood almost unchanged at 130 pence Wednesday morning on the London Stock Exchange, giving the operator a market value of about 1.16 billion (US$1.95 billion). (See Eurobites: Colt Cuts Back on Carrier Voice Deals.)

  • Ericsson AB (Nasdaq: ERIC) saw its share price slide by more than 4% as it reported a 9% year-on-year decrease in first-quarter revenues to 47.5 billion Swedish kronor (US$7.24 billion), but the vendor's margins have improved and it is predicting better sales numbers for the second half of this year. (See Ericsson Looks to Future as Q1 Sales Slump.)

  • Orange (NYSE: FTE) CEO Stephane Richard is looking to beef up his management team with the addition of France's current Treasury chief, Ramon Fernandez, reports the Wall Street Journal. Richard was recently given at least four more years in charge by the Orange board.

  • Spirent Communications plc (NYSE: SPM; London: SPT), the test and measurement vendor, has released its first-quarter interim financials, showing revenues up 16% year-on-year to $111.9 million and profits up 9% to $8.3 million. Recent contract wins include Huawei Technologies Co. Ltd. , which chose Spirent TestCenter to validate the performance of its CloudEngine data center switch. (See Spirent Reports Q1 Interim Financials .)

  • OpenCloud Ltd. , the Service Provider Information Technology (SPIT) vendor that specializes in service brokers, went great guns in 2013, increasing revenues by 46% as customers looked to make the transition to IMS and VoLTE and explore the potential of WebRTC. The vendor, which doesn't provide any actual revenue numbers to go with its impressive percentages, says the early indications are that its growth spurt will continue in 2014. (See OpenCloud Boasts Strong Growth in 2013, Vodafone Egypt Deploys OpenCloud, and Building a Business Case for VoLTE.)

  • Things aren't quite so rosy at TeliaSonera AB (Nasdaq: TLSN): The Nordic operator reports first-quarter revenues down 2.5% to 23.97 billion Swedish kronor ($3.65 billion), while EBITDA slipped 1.9% to SEK8.34 billion ($1.27 billion). In his statement accompanying the results, President and CEO Johan Dennelind pointed the finger at "changing customer behavior and an evolving convergence trend." He also criticized the recent European Parliament vote in favor of net neutrality, saying that "this may limit the possibilities for us to meet demand from our customers." (See TeliaSonera Reports Q1.)

  • Pavel Durov, the founder of Russian social network VKontakte, has left the country after being "fired" as two allies of President Putin took control of the social media operation, report TechCrunch and the BBC, among others. The Facebook-like site had apparently got up the President's nose by giving free rein to voices critical of the Moscow regime.

    Paul Rainford, Assistant Editor, Europe, Light Reading

    (3)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View
    Vishnu Goel
    50%
    50%
    Vishnu Goel,
    User Rank: Light Beer
    4/25/2014 | 8:12:59 AM
    Re: Spirent ?
    The logical question now for this T&M company should be if it will pass the 1 Billion mark on its own? Will it use its cash for adjacencies business,or develop new blades/software platforms? M&A can be the next steps.Vishnu Goel T&M +919810101238
    Gabriel Brown
    50%
    50%
    Gabriel Brown,
    User Rank: Light Sabre
    4/24/2014 | 3:43:36 AM
    Re: Does the speculation make sense?
    Vodafone has bags of cash, is known to be in the market for wireline properties, and has big ambitions in enterprise. Maybe now's a good time to sell?
    Ray@LR
    50%
    50%
    Ray@LR,
    User Rank: Blogger
    4/23/2014 | 7:59:36 AM
    Does the speculation make sense?
    Re Colt - Fidelity is the majority shareholder and has been for some time. It has major representation on the board and surely the latest strategy decisoin has been discussed and approved at board level. I am not a financial analyst but if Fidelity wants to sell its stake in Colt I can't see that this would be a good time to do it -- if the new strategy pays off and in a year's time the margins are up and Colt is striking voice deals with enterprises at decent margins, then surely that's the time to sell up? Maybe I'm missing something. 
    Flash Poll
    LRTV Custom TV
    VeEX – Live from the Show

    8|21|14   |   5:58   |   (0) comments


    An overview of VeEX Test and Measurement solutions including TX300S multi-service test set with VeExpress cloud-based management system, UX400 universal modular platform supporting 100G testing, and the redesigned RXT modular platform.
    LRTV Custom TV
    Transitioning CE 2.0 Networks Into the SDN & NFV Era With Telco Systems

    8|19|14   |   5:19   |   (0) comments


    Telco Systems' Ariel Efrati (CEO) and Moshe Shimon (VP of Product Management) discuss virtualization and how the company's new Open Metro Edge solution utilizes the SDN and NFV concepts to accelerate and orchestrate service delivery through its innovative product portfolio and software applications.
    LRTV Custom TV
    NFV Myths: Is NFV Still Several Years Away?

    8|11|14   |   1:13   |   (0) comments


    Some say that NFV (network functions virtualization) is still several years away from being implemented on mobile operator networks. This isn't the case. Operators can get started on their paths to NFV now, as this short video from Skyfire shows.
    LRTV Custom TV
    A New Security Paradigm in SDN/NFV

    7|28|14   |   02:54   |   (0) comments


    Paul Shaneck, Global Director Network Solutions for Symantec, discusses the evolving virtualized network, explaining how Symantec is leading the security discussion as it relates to SDN and NFV, and helping to ensure the network is protected and compliant.
    LRTV Documentaries
    Sprint's Network Evolution

    7|24|14   |   14:59   |   (0) comments


    Sprint's Jay Bluhm gives a keynote speech at the Big Telecom Event (BTE) about Sprint's network and services evolution strategy, including Spark.
    LRTV Documentaries
    BTE Keynote: The Software-Defined Operator

    7|24|14   |   18:43   |   (1) comment


    Deutsche Telekom's Axel Clauberg explains the concept of the software-defined operator to the Big Telecom Event (BTE) crowd.
    Light Reedy
    Numbers Are In: LR's 2014 Salary Survey

    7|24|14   |   1:25   |   (7) comments


    Our fourth annual Salary Survey paints a picture of who's hiring, firing, earning, and yearning for a change in the telecom industry.
    LRTV Custom TV
    Driving the Network Transformation

    7|23|14   |   4:29   |   (0) comments


    Intel's Sandra Rivera discusses network transformation and how Intel technologies, programs, and standards body efforts have helped the industry migration to SDN and NFV.
    LRTV Custom TV
    Distributed NFV-Based Business Services by RAD

    7|18|14   |   5:38   |   (0) comments


    With the ETSI-approved Distributed NFV PoC running in the background, RAD's CEO, Dror Bin, talks about why D-NFV makes compelling sense for service providers, and about the dollars and cents RAD is putting behind D-NFV.
    LRTV Custom TV
    MRV Accelerating Packet Optical Convergence

    7|15|14   |   6:06   |   (0) comments


    Giving you network insight to make your network smarter.
    LRTV Custom TV
    NFV-Enabled Ethernet for Generating New Revenues

    7|15|14   |   5:49   |   (0) comments


    Cyan's Planet Orchestrate allows service providers and their end-customers to activate software-based capabilities such as firewalls and encryption on top of existing Ethernet services in just minutes.
    LRTV Custom TV
    Symkloud NVF-Ready Video Transcoding, Big Data

    7|9|14   |   3:41   |   (0) comments


    Kontron and ISV partner Vantrix demonstrate high-performance video transcoding and data analytic solutions on same 2U standard platform that is ready for SDN and NFV deployments made by mobile, cable and cloud operators.
    Upcoming Live Events!!
    September 16, 2014, Santa Clara, CA
    September 16, 2014, Santa Clara, CA
    September 23, 2014, Denver, CO
    October 29, 2014, New York City
    November 6, 2014, Santa Clara
    November 11, 2014, Atlanta, GA
    December 9-10, 2014, Reykjavik, Iceland
    June 9-10, 2015, Chicago, IL
    Infographics
    Today's Cartoon
    Hot Topics
    Level 3 Does Big Data Differently
    Carol Wilson, Editor-at-large, 8/21/2014
    IoT Alert: Samsung Snaps Up SmartThings
    Mari Silbey, Independent Technology Editor, 8/15/2014
    Comcast Streams Back to School
    Mari Silbey, Independent Technology Editor, 8/21/2014
    Line-Powered Phone Lines: A Hot Topic Again
    Carol Wilson, Editor-at-large, 8/20/2014
    Analyst: Ericsson, Oracle Top Shrinking SDP World
    Carol Wilson, Editor-at-large, 8/19/2014
    Like Us on Facebook
    Twitter Feed