& cplSiteName &

Eurobites: Orange Returns to Form in France

Paul Rainford
4/29/2014
50%
50%

Also in today's EMEA regional roundup: Nokia's new direction; Transmode hits a bump; Telekom Austria sucks up spectrum in Slovenia.

  • Orange (NYSE: FTE)'s first-quarter results suggest the operator has turned a corner in France, as it recorded net sales of 86,000 mobile contracts there during the quarter, contrasting with all previous first quarters since 2010, which suffered a net loss in mobile contract numbers due to intense competition. Overall, however, revenues were down 3.8% year-on-year, to €9.8 billion (US$13.5 billion). EBITDA (earnings before interest, tax, depreciation and amortization) was also down, by 3.4% to €3 billion ($4.1 billion). Growth is strong in Africa and the Middle East, with the mobile customer base in the region up 11.4% year-on-year. (See Orange Reports Q1.)

  • Nokia Corp. (NYSE: NOK) entered a new chapter today with the unveiling of a new structure, strategy and CEO, in the form of Nokia Networks boss Rajeev Suri. The vendor also announced its first quarter results. (See Nokia Ushers In New Era, Retires NSN Name and Rajeev Suri: The Right Choice for Nokia.)

  • Low volumes in the Americas dampened down the first-quarter numbers of Transmode Systems AB , the Swedish optical and Carrier Ethernet vendor. Revenues slipped 3.8% year-on-year to 231 million Swedish kronor ($35.3 million), while net profits were down 41.6% to SEK18.6 million ($2.8 million).

  • Telekom Austria AG (NYSE: TKA; Vienna: TKA)'s Slovenian subsidiary, Si.mobil d.d. , has acquired almost half of all the spectrum that was up for grabs in the country's latest auction, paying €63.9 million for the privilege. For full details of the auction results, see this press release.

  • Irish incumbent eir has appointed a pair of banking heavyweights to advise it on a possible stock market flotation, reports Reuters. Goldman Sachs & Co. and Morgan Stanley will explore various options for the operator, which has been trying to flatten its debt pile over the last couple of years. (See Lenders to Lean on Eircom.)

  • Still in Ireland, policy control specialist Openet Telecom Ltd. has announced an initiative to expand its channel program. The expanded program will support three types of channel partners: equipment vendors, systems integrators, and solution vendors. (See Openet: The Legal Brakes Are Off.)

  • A new mobile phone-based payments system comes on stream today in the UK, though some banks supposedly participating in the scheme aren't ready just yet, reports the BBC. The Paym service allows people to pay or receive money -- up to a certain limit -- using a phone number, but without giving out their bank account details.

  • You can't move for over-achievers at Ericsson AB (Nasdaq: ERIC): The Swedish vendor has had eight of its researchers nominated for the European Inventor Award for their work on 4G LTE. The nominations were made by the European Patent Office.

    A previous winner of the European Inventor Award.
    A previous winner of the European Inventor Award.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (0)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    Featured Video
    From The Founder
    Light Reading founder Steve Saunders grills Cisco's Roland Acra on how he's bringing automation to life inside the data center.
    Flash Poll
    Upcoming Live Events
    February 26-28, 2018, Santa Clara Convention Center, CA
    March 20-22, 2018, Denver Marriott Tech Center
    April 4, 2018, The Westin Dallas Downtown, Dallas
    May 14-17, 2018, Austin Convention Center
    All Upcoming Live Events
    Infographics
    SmartNICs aren't just about achieving scale. They also have a major impact in reducing CAPEX and OPEX requirements.
    Hot Topics
    Here's Pai in Your Eye
    Alan Breznick, Cable/Video Practice Leader, Light Reading, 12/11/2017
    Ericsson & Samsung to Supply Verizon With Fixed 5G Gear
    Dan Jones, Mobile Editor, 12/11/2017
    Verizon's New Fios TV Is No More
    Mari Silbey, Senior Editor, Cable/Video, 12/12/2017
    The Anatomy of Automation: Q&A With Cisco's Roland Acra
    Steve Saunders, Founder, Light Reading, 12/7/2017
    Netflix Evaluating AI for Personalized Trailers
    Aditya Kishore, Practice Leader, Video Transformation, Telco Transformation, 12/8/2017
    Animals with Phones
    Don't Fall Asleep on the Job! Click Here
    Live Digital Audio

    Understanding the full experience of women in technology requires starting at the collegiate level (or sooner) and studying the technologies women are involved with, company cultures they're part of and personal experiences of individuals.

    During this WiC radio show, we will talk with Nicole Engelbert, the director of Research & Analysis for Ovum Technology and a 23-year telecom industry veteran, about her experiences and perspectives on women in tech. Engelbert covers infrastructure, applications and industries for Ovum, but she is also involved in the research firm's higher education team and has helped colleges and universities globally leverage technology as a strategy for improving recruitment, retention and graduation performance.

    She will share her unique insight into the collegiate level, where women pursuing engineering and STEM-related degrees is dwindling. Engelbert will also reveal new, original Ovum research on the topics of artificial intelligence, the Internet of Things, security and augmented reality, as well as discuss what each of those technologies might mean for women in our field. As always, we'll also leave plenty of time to answer all your questions live on the air and chat board.

    Like Us on Facebook
    Twitter Feed