& cplSiteName &

Eurobites: TeliaSonera Suffers in Spain

Paul Rainford
7/17/2014
50%
50%

Also in today's EMEA regional roundup: Transmode Q2 profits halved; Hutchison, VimpelCom discuss Italian merger; BT targets SMBs with One Phone.

  • Swedish operator Telia Company is looking again at selling its Spanish subsidiary, Yoigo , following results that reflected tough trading conditions there, reports Bloomberg. Second-quarter operating income decreased 10.4% to 6.43 billion Swedish kroner (US$941 million), and TeliaSonera revised its full-year outlook from flat to slightly below 2013 levels.

  • Second-quarter profits at Transmode Systems AB , the Swedish optical and Carrier Ethernet vendor, more than halved year-on-year to SEK19.1 million ($2.8 million) on sales that were down 14.8% to SEK250 million ($36.6 million). In a statement accompanying the results, CEO Karl Thedéen blamed the lower sales on reduced buildout activity at Transmode's EMEA clients.

  • Hutchison Whampoa Ltd. (Hong Kong: 0013; Pink Sheets: HUWHY) and VimpelCom Ltd. (NYSE: VIP) are back in talks about merging their mobile assets in Italy, according to this Bloomberg report. However, the talks may come to nothing: Apparently, Hutchison wants its 3 Italia unit to control any joint entity, but VimpelCom is looking for a 50:50 split.

  • Still in Italy, Telefónica SA (NYSE: TEF) will cut its stake in incumbent Telecom Italia SpA (NYSE: TI) by more than third by selling $1 billion worth of convertible bonds, reports Bloomberg. Telefónica has to divest these assets to comply with an order from the Brazilian antitrust regulator over its dealings there.

  • BT Group plc (NYSE: BT; London: BTA) today launched a new fixed-mobile service for UK small and midsized businesses called BT OnePhone, which is built on its existing fixed and Wifi assets, small cells, some of its own spectrum, and its MVNO agreement with EE . (See BT Launches One Phone for SMBs.)

  • Ziggo B.V. , the Dutch cable operator that is in the process of being taken over by Liberty Global Inc. (Nasdaq: LBTY), saw its second-quarter core profits rise 2.2% year-on-year, reports Reuters. Separately, meanwhile, Liberty Global has splashed £481 million ($822.4 million) on acquiring a 6% share of ITV, the UK's main commercial broadcaster and the outfit responsible for such ratings bankers as Coronation Street and Emmerdale. (See Euronews: Rivals Set for Cable Asset Battle.)

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (0)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    Educational Resources
    sponsor supplied content
    Educational Resources Archive
    From The Founder
    Cisco's Conrad Clemson, recently promoted to head up the company's Service Provider Apps & Platforms developments, talks to Light Reading's Founder and CEO Steve Saunders about how he's bringing cloud video, mobile and virtualization together to empower network operators.
    Flash Poll
    Live Streaming Video
    Charting the CSP's Future
    Six different communications service providers join to debate their visions of the future CSP, following a landmark presentation from AT&T on its massive virtualization efforts and a look back on where the telecom industry has been and where it's going from two industry veterans.
    LRTV Custom TV
    Cisco's Cloud Scale Networking: Automation, Virtualization & Simplification

    1|18|17   |     |   (0) comments


    Cisco's Sanjeev Mervana outlines the latest innovations in networking technology at CES 2017 in Las Vegas.
    LRTV Custom TV
    ADVA Talks Innovation & the Future of Networking

    1|17|17   |     |   (0) comments


    Ray Le Maistre and Christoph Glingener, CTO of ADVA Optical Networking, discuss the current state of the industry, cooperation and collaboration, open innovation and the future of networking.
    LRTV Custom TV
    Cisco's Infinite Video Platform

    1|17|17   |     |   (0) comments


    Cisco's Infinite Video Platform allows service providers to deliver broadcast-quality video over IP networks. Infinite video supports many devices, from 4K TVs to tablets to game consoles. Join Cisco's Rajeev Raman for a brief tour and live demo.
    LRTV Interviews
    Masergy: Ability to Adapt Key for NFV

    1|16|17   |   6:40   |   (0) comments


    Speaking at Light Reading's 2020 Vision in Rome, Masergy's VP, Global Technology, Ray Watson, said agility is key to providing the mix and match NFV-based services that are driving business for the managed service provider today.
    LRTV Interviews
    Equinix: The Data Explosion

    1|13|17   |   4:16   |   (0) comments


    At Light Reading's 2020 Vision in Rome, Eric Schwartz, president of EMEA, Equinix, talked about how Equinix is helping its customers manage the influx of data today, and how it's preparing for a future filled with millions of connected IoT devices.
    LRTV Interviews
    Heavy Reading: The Changing Data Center Landscape

    1|12|17   |   6:05   |   (1) comment


    At Light Reading's 2020 Vision event in Rome, Heavy Reading's Senior Analyst Roz Roseboro talks about how virtualization is impacting data center evolution and how that evolution is affecting the relationship between service providers, data center operators and public cloud providers.
    LRTV Interviews
    Boingo: Prepping for Millions of Devices

    1|12|17   |   5:07   |   (1) comment


    At Light Reading's 2020 Vision in Rome, Boingo's CTO Derek Peterson discusses how wireless operators will address the needs of low-bandwidth and high-bandwidth apps at the same time, the need for more MHz, the impact of IoT and more.
    LRTV Interviews
    Comcast Shows Off Gig Gateway at CES

    1|11|17   |     |   (1) comment


    With its largest presence at CES in years, Comcast took the wraps off its long-awaited gigabit gateway and a new platform for managing the home WiFi network. Light Reading Senior Editor Mari Silbey sat down with EVP Chris Satchell to discuss the latest Comcast advance, and met with VP of Product Strategy and Development Andrea Peiro to walk through a demo of the ...
    LRTV Interviews
    Colt: End-to-End Key for 2017

    1|10|17   |   6:21   |   (0) comments


    At Light Reading's 2020 Vision Executive Summit in Rome, Nico Fischbach of Colt said having a multi-carrier, end-to-end service proposition is going to be key for 2017 -- and SD-WAN is instrumental in making it happen.
    From the Founder
    Cisco's Clemson on Mobile Cloud Video

    1|9|17   |     |   (1) comment


    Cisco's Conrad Clemson, recently promoted to head up the company's Service Provider Apps & Platforms developments, talks to Light Reading's Founder and CEO Steve Saunders about how he's bringing cloud video, mobile and virtualization together to empower network operators. "If you think about where we're going… whether it's a mobile application, or a video ...
    LRTV Custom TV
    VMware Telco NFV Solutions – Preparing for 5G & IOT

    1|9|17   |     |   (0) comments


    Shekar Ayyar, EVP & Corporate Strategy/General Manager of Telco for VMware, discusses VMware's Telco NFV solutions role and foundation for the Imminent Arrival of 5G & IOT.
    LRTV Interviews
    Heavy Reading: Big Video Set to Disrupt

    1|6|17   |   4:39   |   (0) comments


    At Light Reading's 2020 Vision Executive Summit in Rome, Heavy Reading's Adi Kishore talks about the challenges of managing and monetizing bandwidth-intensive video, and how service providers will need to transform their networks to cope with the big video explosion.
    Upcoming Live Events
    May 15-17, 2017, Austin Convention Center, Austin, TX
    All Upcoming Live Events
    Infographics
    Hot Topics
    Ericsson: 5G Heralds 'New' New Economy
    Mari Silbey, Senior Editor, Cable/Video, 1/12/2017
    Next Plugfest Gets G.fast Closer to Market
    Brian Santo, Senior editor, Test & Measurement / Components, Light Reading, 1/13/2017
    Cable Has One Thing Verizon Needs
    Mari Silbey, Senior Editor, Cable/Video, 1/17/2017
    TV's Paradox: No HDR Without 4K
    Mari Silbey, Senior Editor, Cable/Video, 1/17/2017
    Growing Pains Will Force Telcos to Shape Up
    Iain Morris, News Editor, 1/17/2017
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    Light Reading founder and CEO Steve Saunders chats with Sportlogiq CEO Craig Buntin about sports data analysis.
    Eyal Waldman, CEO of Mellanox Technologies, speaks to Steve Saunders, CEO of Light Reading, for an exclusive interview about the 100 GB cable challenge, cybersecurity and much more.
    Animals with Phones
    Live Digital Audio

    Playing it safe can only get you so far. Sometimes the biggest bets have the biggest payouts, and that is true in your career as well. For this radio show, Caroline Chan, general manager of the 5G Infrastructure Division of the Network Platform Group at Intel, will share her own personal story of how she successfully took big bets to build a successful career, as well as offer advice on how you can do the same. We’ll cover everything from how to overcome fear and manage risk, how to be prepared for where technology is going in the future and how to structure your career in a way to ensure you keep progressing. Chan, a seasoned telecom veteran and effective risk taker herself, will also leave plenty of time to answer all your questions live on the air.