& cplSiteName &

Eurobites: Telefónica Sweetens E-Plus Deal

Paul Rainford
5/2/2014
50%
50%

Also in today's EMEA regional roundup: new exec line-up at TeliaSonera; BT's man in sub-Saharan Africa; BSkyB does deal with Paramount.

  • Telefónica Deutschland GmbH has submitted a modified package of concessions to the European Commission in a bid to win approval for its planned takeover of KPN Telecom NV (NYSE: KPN)'s German unit, E-Plus Service GmbH & Co. KG , reports Reuters. Interested parties now have until May 5 to respond to the revised measures, which are intended to allay concerns about the reduced level of competition in the German mobile market should the €8.6 billion (US$11.9 billion) deal go through. If it does get the nod from Brussels, the combined business would become Germany's largest mobile operator by subscribers, with around 43 million customers (first-quarter 2013 numbers) and a 38% market share. (See Euronews: EC to Thwart Telefónica's German M&A Plan? and Euronews: KPN to Sell E-Plus for €8.1B.)

  • A few months on from replacing its CFO following financial shenanigans at its Eurasian unit, Nordic operator Telia Company is making more executive changes. Henriette Wendt, currently at Swisscom AG (NYSE: SCM), has been appointed to the new position of head of group corporate development, and will slide her feet under the desk in August. Meanwhile, Ingrid Stenmark becomes head of the CEO Office, which is responsible for, among other things, TeliaSonera affiliates MegaFon and Turkcell Iletisim Hizmetleri A.S. (NYSE: TKC). (See More Exec Changes at TeliaSonera and Euronews: TeliaSonera Fires Four After Eurasia Probe.)

  • South African IT industry veteran Oliver Fortuin is heading to BT Group plc (NYSE: BT; London: BTA), taking charge of its operations in sub-Saharan Africa. Fortuin has previously been the South African country manager for both IBM Corp. (NYSE: IBM) and HP Inc. (NYSE: HPQ), reports website IT Online. He replaces Keith Matthews, who had been in the role for eight years.

  • Sky (NYSE, London: SKY) has struck a multi-year licensing deal with Paramount Pictures, offering Sky Movies customers access to box office hits such as Anchorman 2: The Legend Continues and Jack Ryan: Shadow Recruit. So any movie with a colon in the title, basically.

    Monday sees yet another UK public holiday, so Eurobites will return on Tuesday, May 6.

    This is pretty much what the Eurobites team will be doing on Monday.
    This is pretty much what the Eurobites team will be doing on Monday.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (5)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    Mitch Wagner
    50%
    50%
    Mitch Wagner,
    User Rank: Lightning
    5/2/2014 | 4:01:25 PM
    Re: Holidaze
    The green vest and hose really make the outfit. Hardly ever see anybody wearing matching green vests and hose anymore. 
    PaulERainford
    50%
    50%
    PaulERainford,
    User Rank: Light Sabre
    5/2/2014 | 12:43:16 PM
    Re: Holidaze
    Those maypoles won't dance round themselves.
    Sarah Thomas
    50%
    50%
    Sarah Thomas,
    User Rank: Blogger
    5/2/2014 | 12:41:37 PM
    Re: Holidaze
    Wait, Europe gets off work for Cinco de Mayo?! That doesn't make sense...
    PaulERainford
    50%
    50%
    PaulERainford,
    User Rank: Light Sabre
    5/2/2014 | 9:58:34 AM
    Re: Holidaze
    Thanks Dennis, much appreciated. Now pass me that tankard of mead, Ray.
    mendyk
    50%
    50%
    mendyk,
    User Rank: Light Sabre
    5/2/2014 | 8:50:43 AM
    Holidaze
    All these bank holidays must get a little tiresome after a while. Don't worry, though -- we'll manage to keep the world economy lumbering forward as you merrily dance around the Bank Holiday Maypole.
    Featured Video
    From The Founder
    Light Reading is spending much of this year digging into the details of how automation technology will impact the comms market, but let's take a moment to also look at how automation is set to overturn the current world order by the middle of the century.
    Flash Poll
    Upcoming Live Events
    November 30, 2017, The Westin Times Square
    March 20-22, 2018, Denver Marriott Tech Center
    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
    Nokia Bell Labs & Verizon Stretch Fixed 5G to the Home
    Dan Jones, Mobile Editor, 11/13/2017
    Juniper's New Contrail VP Hails From Google
    Craig Matsumoto, Editor-in-Chief, Light Reading, 11/15/2017
    Eurobites: Telefónica Reckons Plastic Is Fantastic for FTTH
    Paul Rainford, Assistant Editor, Europe, 11/15/2017
    Animals with Phones
    Why Cats Don't Run Tech Support 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
    Partner Perspectives - content from our sponsors
    The Mobile Broadband Road Ahead
    By Kevin Taylor, for Huawei
    All Partner Perspectives