Light Reading

Eurobites: Telefónica's Q1 Blues

Paul Rainford
5/9/2014
50%
50%

Also in today's EMEA regional roundup: AlcaLu's IP boost; ZTE wins German patents case; Merkel backs easier M&A; BICS drags Belgacom down.

  • Telefónica SA (NYSE: TEF)'s first-quarter net income fell 23% year-on-year to €692 million (US$953 million) on revenues that were down 13.5% to €12.23 billion ($16.85 billion), though fluctuations in Latin American currencies ate into the Spanish operator's numbers. Bloomberg reports that, in the wake of the results announcement, Telefónica's shares fell 0.8 percent to €11.95 in early Madrid trading.

  • Alcatel-Lucent (NYSE: ALU) reported first-quarter revenues (excluding the Enterprise division that it is selling) of €2.96 billion ($4.1 billion), down 3.3% from a year ago. But it cut its losses, reduced costs, and reported notable increases in IP and optical sales. (See IP, Optical Prop Up Alcatel-Lucent's Q1.)

  • A court in Dusseldorf has ruled in favor of China's ZTE Corp. (Shenzhen: 000063; Hong Kong: 0763) against a patent litigation initiated by SmartPhone Technologies LLC, an intellectual property company affiliated to Acacia Research Corp. (See ZTE Wins Court Case in Germany and ZTE Claims Patent Lead.)

  • German Chancellor Angela Merkel has joined the GSM Association (GSMA) and others in calling for restrictions on mergers between European telcos to be eased, reports the Financial Times (subscription required). She said that a greater balance needed to be struck between market power and competition to allow European operators to compete at a global level.

  • BICS , Belgacom SA (Euronext: BELG)'s international wholesale services provider, proved a drag on the group's first-quarter numbers, as revenues fell 6.6% year-on-year to €1.48 billion ($2.03 billion) and EBITDA (earnings before interest, tax, depreciation and amortization) slipped by the same percentage to €412 million ($567 million). The decline of its prepaid mobile subscriber base was also a factor.

  • A much-discussed anti-piracy drive has finally got the green light in the UK, according to this BBC report. But content rights holders may not be happy with the plan, which will see BT Group plc (NYSE: BT; London: BTA), Sky (NYSE, London: SKY), TalkTalk , and Virgin Media Inc. (Nasdaq: VMED) sending "educational letters" to their broadband subscribers who are deemed to be illegally downloading content, rather than missives threatening possible punitive action, as had originally been mooted.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (1)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    Kruz
    50%
    50%
    Kruz,
    User Rank: Light Sabre
    5/12/2014 | 8:29:39 AM
    For Telefonica's eyes only
    Rare to see the chancelor comment on issues like this unless there was a german party involved.
    Educational Resources
    sponsor supplied content
    Educational Resources Archive
    Flash Poll
    From The Founder
    Network architects aiming to upgrade their networks to support agile, open, virtualized services in the 21st century need to consider new criteria when choosing between technology suppliers.
    Live Streaming Video
    BTE 2015 Sponsor Keynote: HP
    Dr. Prodip Sen, CTO, Network Functions Virtualization, HP
    LRTV Documentaries
    IoT in Action

    6|30|15   |   1:39   |   (5) comments


    Two co-workers discuss the benefits of IoT technology.
    LRTV Interviews
    Ericsson Opens Up on OPNFV

    6|30|15   |   14:16   |   (0) comments


    Martin Bäckström, VP and head of industry area Datacom at Ericsson, talks to Light Reading founder and CEO Steve Saunders about the emergence of OPNFV, the importance of standards and Ericsson's OPNFV plans.
    LRTV Custom TV
    NetNumber Founder Discusses NFV/SDN Impact on SP Networks

    6|26|15   |   4:15   |   (0) comments


    NetNumber Founder Doug Ranalli examines why SPs need a new network infrastructure for service agility. While NFV and SDN are the tools, the old ways of thinking about signaling control are inhibitors. Doug provides his recommendations.
    LRTV Custom TV
    Orchestrating NFV vCPE Services Across Multivendor Networks

    6|26|15   |   5:46   |   (0) comments


    Nirav Modi provides an overview of vCPE, the fastest-growing NFV use case, showing how Cyan's Blue Planet orchestrates vCPE services across a multivendor infrastructure to rapidly deliver new managed services for business customers.
    LRTV Custom TV
    ZTE at LTE Summit Amsterdam 2015

    6|26|15   |     |   (0) comments


    As one of the leading global telecommunications providers, ZTE presented its cutting-edge technology at LTE World Summit 2015 in Amsterdam. On display at ZTE's booth were the latest R&D achievements in wireless, 5G development, HetNet, deep convergence of FDD and TDD, and RCS/IMD/iSDN/vCN.
    LRTV Documentaries
    OPNFV Director Opens Up on Women in Tech

    6|25|15   |   3:25   |   (0) comments


    Heather Kirksey, the director of the OPNFV, gets real about the gender disparity in open source and standards and discusses how we can change both the conversation and the gender dynamics.
    LRTV Custom TV
    Symantec's Service Provider Security Strategy

    6|24|15   |   7:06   |   (0) comments


    Didi Dayton explores Symantec's emerging enterprise security strategies for service providers. Highlights include 'killing the password,' self-defense, advanced analytics and adaptive response in a service provider architecture.
    Between the CEOs
    Debating Network Evolution With Cisco's Cedrik Neike

    6|23|15   |   12:54   |   (2) comments


    Cedrik Neike, SVP of Global Service Provider, Service Delivery, at Cisco, talks to Light Reading founder and CEO Steve Saunders about solving service provider customer problems in a virtualized, DevOps world, including multivendor support and the future of network procurement.
    LRTV Documentaries
    Vodafone: What's Good for Moms Is Good for Business

    6|23|15   |   3:04   |   (3) comments


    Megan Doberneck, the general counsel for Vodafone Americas, discusses her company's progressive maternity policy, explains why promoting women in tech is good business and offers some some good advice for any women in the industry.
    LRTV Interviews
    NFV: Ready for Prime Time

    6|23|15   |   05:09   |   (1) comment


    At BTE 2015, Vip mobile CTO Dejan Kastelic talks about how NFV is ready for the real world and how Telekom Austria is introducing centralized resources for its group operations.
    LRTV Documentaries
    Tykes Talk Tech

    6|22|15   |   02:30   |   (9) comments


    What does optical fiber look like? When will 5G arrive? What's the WiFi password at Ikea? Light Reading sat down with three 8-year-olds to answer some of the communications industry's most burning questions...
    LRTV Huawei Video Resource Center
    Huawei Partners With TDC for World's First Early DOCSIS 3.1 Field Test

    6|22|15   |   3:06   |   (0) comments


    In a move to enhance user experience, Denmark's TDC aims to become an early adopter of DOCSIS 3.1. In partnership with Huawei, TDC recently ran the world's first field tests on its coax network that reached speeds nearing 1 Gbit/s.
    Upcoming Live Events
    September 16-17, 2015, The Westin Galleria Dallas, Dallas, TX
    September 29-30, 2015, The Westin Grand Müchen, Munich, Germany
    October 6, 2015, The Westin Peachtree Plaza, Atlanta, GA
    October 6, 2015, Westin Peachtree Plaza, Atlanta, GA
    October 14-15, 2015, New Orleans Ernest N. Morial Convention Center, New Orleans, LA
    All Upcoming Live Events
    Infographics
    Hot Topics
    Staying Productive With My Office-in-a-Bag
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 6/25/2015
    Who's Feeding Fiber to LinkNYC Hotspots?
    Mari Silbey, Senior Editor, Cable/Video, 6/29/2015
    What's in Your Office-in-a-Bag?
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 6/26/2015
    Eurobites: Activist Investor Takes Stake in AlcaLu
    Paul Rainford, Assistant Editor, Europe, 6/30/2015
    Like Us on Facebook
    Twitter Feed
    Webinar Archive
    BETWEEN THE CEOs - Executive Interviews
    Casa Systems has been going from strength to strength over the last couple of years. In 2013, it became the first vendor to ship an integrated CCAP device -- the ...
    Cedrik Neike, SVP of Global Service Provider, Service Delivery, at Cisco, talks to Light Reading founder and CEO Steve Saunders about solving service provider customer problems in a virtualized, DevOps world, including multivendor support and the future of network procurement.
    Cats with Phones