& cplSiteName &

Eurobites: Vodafone's 'Project Spring' Spend Hits Profits

Paul Rainford
5/20/2014
50%
50%

Also in today's EMEA regional roundup: new rules get tough on BT's Openreach; AlcaLu signs 4G overlay agreement with Telenor; UK studies how mobiles affect kids.

  • Vodafone Group plc (NYSE: VOD)'s full-year EBITDA (earnings before interest, tax, depreciation and amortization) declined by 7.4% to £12.8 billion (US$21.5 billion), reflecting its "Project Spring" investment to turn around failing business areas, reports Bloomberg. Shares were down 4.4% at 207.6 pence in early London trading. Looking ahead, Vodafone predicts that EBITDA for 2015 will be somewhere between £11.4 billion ($19.1 billion) and £11.9 billion ($20 billion), buffeted again by anticipated Project Spring spending. (See Vodafone Ups 'Project Spring' Capex to $11B+.)

  • Just a day after BT Group plc (NYSE: BT; London: BTA) announced it was recruiting 1,600 extra engineers to help it cope with its backlog on connections and related troubleshooting, UK regulator Ofcom has introduced draft measures that it believes will persuade BT's Openreach access division to pull its socks up. Under the proposed changes, 80% of phone and broadband faults would have to be repaired within two working days, while 80% of customers wanting a new line must receive an appointment within 12 working days. The changes, which have been notified to the European Commission, are expected to come into force this summer.

  • More from BT... It has started promoting its 4G offer for business customers, stating that it intends to launch its 4G services this summer. As well as having snapped up its own spectrum for high-speed enterprise wireless connectivity, BT recently announced a partnership with EE to use the mobile operator's network in order to offer extensive LTE services. (See Euronews: BT's Back in Wireless and BT Secures 2.6GHz License.)

  • Alcatel-Lucent (NYSE: ALU) has signed a global agreement with Norway's Telenor ASA (Nasdaq: TELN) which offers Telenor's subsidiaries AlcaLu's 4G LTE Overlay solution as a way of deploying 4G on their existing mobile infrastructure without the need for equipment upgrades. Telenor has subsidiaries in 13 countries in Europe and Asia. In other AlcaLu news, Bloomberg reports that the vendor is opening a Bell Labs research center in Israel, the focus of which will be cloud-related technology.

  • UK cloud services provider Vtesse Networks is continuing its 12-year relationship with ADVA Optical Networking (Frankfurt: ADV) , choosing to go with ADVA's FSP 3000 optical transport system together with its Optical Secure encryption technology for its new enterprise service. Vtesse's customer list includes IBM and Arup. (See Vtesse Uses ADVA's Optical Encryption.)

  • The UK is about to embark on a major government-funded study of the effect of using mobile phones on children's mental development, reports the BBC. The plan is to enrol 2,500 11- and 12-year-olds, assess their cognitive abilities now and then test them again in 2017 to see if their brains have been fried by a zillion apps. (We're paraphrasing.)

    It's too late for this kid -- he's been Whatzapped.
    It's too late for this kid -- he's been Whatzapped.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (4)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    Kruz
    50%
    50%
    Kruz,
    User Rank: Light Sabre
    5/21/2014 | 2:27:46 AM
    Re: First outing for Justin Bieber
    It's nice to see the amount of love shared with this "kid".
    mendyk
    50%
    50%
    mendyk,
    User Rank: Light Sabre
    5/20/2014 | 11:53:13 AM
    Re: First outing for Justin Bieber
    Are you trying for some sort of viral traffic by putting "Justin Bieber" and "outing" in the same subject line?
    PaulERainford
    50%
    50%
    PaulERainford,
    User Rank: Light Sabre
    5/20/2014 | 11:30:29 AM
    Re: First outing for Justin Bieber
    It's gotta help with the traffic, surely? (Not that we need any help, obviously.)
    Ray@LR
    50%
    50%
    Ray@LR,
    User Rank: Blogger
    5/20/2014 | 11:22:55 AM
    First outing for Justin Bieber
    I know we've had Britney on the site before, but this is, I believe, our first Bieber incident.... a landmark!
    Light Reading’s Upskill U is a FREE, interactive, online educational resource that delivers must-have education on themes that relate to the overall business transformation taking place in the communications industry.
    NEXT COURSE
    Wednesday, September 14, 1:00PM EDT
    What Is Agile?
    Kent J. McDonald, Product Owner, Agile Alliance
    UPCOMING COURSE SCHEDULE
    Friday, September 16, 1:00PM EDT
    How to Implement Agile
    Alan Bateman, Director, Agile Transformation
    Wednesday, September 21, 1:00PM EDT
    What Is DevOps?
    Colin Kincaid, CTO, Service Provider, Cisco
    Friday, September 23, 1:00PM EDT
    How to Implement DevOps
    ,
    in association with:
    From The Founder
    Light Reading today starts a new voyage as part of a larger Enterprise.
    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.
    Between the CEOs
    CEO Chat: UXP Systems' Gemini Waghmare

    8|26|16   |     |   (0) comments


    Light Reading CEO Steve Saunders and UXP Systems CEO Gemini Waghmare discuss the strategic importance of digital identity for operators in the midst of transformation.
    LRTV Custom TV
    F5 Virtual Network Function Integrations With Partner Orchestration Platform

    8|24|16   |   6:38   |   (0) comments


    F5's Kishore Patnam, product manager for F5's service provider solutions, discusses why service providers are moving towards virtualization and how his clients are utilizing F5's solutions.
    Between the CEOs
    CEO Chat: Intel's Alexis Black Bjorlin

    8|17|16   |   06:23   |   (0) comments


    Join us for an in-depth interview between Steve Saunders of Light Reading and Alexis Black Bjorlin of Intel as they discuss the release of the company's Silicon Photonics platform, its performance, long-term prospects, customer expectations and much more.
    Telecom Innovators Video Showcase
    Accelerating Telecom Digital Transformation With Nominum DNS

    8|1|16   |   12:04   |   (0) comments


    Light Reading's Steve Saunders gets an update from Nominum CEO Gary Messiana on how his company is helping carriers on the digital transformation journey.
    LRTV Custom TV
    Reinventing Operations for a Virtual, Software-Defined World

    7|28|16   |   5:23   |   (0) comments


    Heavy Reading Senior Analyst Jim Hodges speaks with Accenture's Larry Socher and Matt Anderson about what service providers must do to transform their business to get the benefits of SDN and NFV including: leveraging DevOps, introducing real-time OSS and implementing analytics.
    Women in Comms Introduction Videos
    Fujitsu Sales Leader Shares Lessons Learned

    7|27|16   |   5:12   |   (1) comment


    As Fujitsu's only female sales leader, Annie Bogue knows the importance of asking for what you want, being flexible (she's been relocated five times), keeping a meticulous calendar, 'leaning in,' working harder than everyone else around you, being aware and more.
    Telecom Innovators Video Showcase
    VeEX Test & Measurement Solutions

    7|25|16   |   08:57   |   (0) comments


    Cyrille Morelle, president and CEO of VeEX Inc., talks test and measurement with Light Reading's Steve Saunders at BCE 2016. This includes innovative products such as VeSion Cloud-Based platform for network monitoring; MTTplus Modular Test platform for Access, Business, Carrier Ethernet, Transport and Core services; and OPX-BOX+ for Fiber Optics.
    LRTV Custom TV
    VeEX: Live From BCE 2016

    7|25|16   |   03:20   |   (0) comments


    VeEX's Senior Director of Business Development, Perry Romano, explains how VeEX provides tools to help install, maintain, monitor and manage network infrastructure efficiently and effectively. The portfolio of products on display include the RXT-6000, MTTplus and TX300s.
    LRTV Custom TV
    Real-Time Telemetry & Analytics for Intelligent SDN Orchestration

    7|25|16   |   03:09   |   (0) comments


    Packet Design CEO Scott Sherwood discusses how real-time network telemetry and analytics are enabling a new breed of SDN orchestration applications.
    From the Founder
    The Russo Report: Driving Disruption

    7|25|16   |   07:44   |   (2) comments


    In the first episode of a four-part series, Light Reading Founder and CEO Steve Saunders and Calix President and CEO Carl Russo drive around town discussing the disruptive mega-changes in the communications industry and where hope lies for service providers to meet the escalating demands of the cloud.
    LRTV Custom TV
    NetScout: Maximizing Enterprise Cloud for Digital Transformation

    7|20|16   |   04:53   |   (0) comments


    Light Reading Editor Mitch Wagner talks to NetScout CMO Jim McNiel about maximizing the benefits of enterprise cloud and digital transformation while minimizing potential pitfalls with a proper monitoring and instrumentation strategy.
    Women in Comms Introduction Videos
    Ciena's VP Offers a Career Crash Course

    7|20|16   |   4:14   |   (2) comments


    How did Ciena's Vice President of Sales, Angela Finn, carve out her career path? Simple, she tells WiC. She stayed true to her company, customers and principles. She shares her advice for women on how to be authentic and credible, as well as for companies that want to make a real change to their culture and practices.
    Upcoming Live Events
    September 13-14, 2016, The Curtis Hotel, Denver, CO
    November 3, 2016, The Montcalm Marble Arch, London
    November 30, 2016, The Westin Times Square, New York City
    December 1, 2016, The Westin Times Square, New York, NY
    December 6-8, 2016, The Westin Excelsior, Rome
    May 16-17, 2017, Austin Convention Center, Austin, TX
    All Upcoming Live Events
    Infographics
    Hot Topics
    Google Fiber Can't Be Called a Failure
    Carol Wilson, Editor-at-large, 8/26/2016
    FirstNet: A Billion-Dollar Boondoggle?
    Dan Jones, Mobile Editor, 8/26/2016
    WiCipedia: Should Men Be Included? & Olympians Face Discrimination
    Eryn Leavens, Special Features & Copy Editor, 8/26/2016
    How the Padres Hit an IoT Home Run
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 8/25/2016
    Google Fiber Downsizing Not Confirmed
    Mari Silbey, Senior Editor, Cable/Video, 8/25/2016
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    Light Reading CEO Steve Saunders and UXP Systems CEO Gemini Waghmare discuss the strategic importance of digital identity for operators in the midst of transformation.
    Join us for an in-depth interview between Steve Saunders of Light Reading and Alexis Black Bjorlin of Intel as they discuss the release of the company's Silicon Photonics platform, its performance, long-term prospects, customer expectations and much more.
    Animals with Phones
    Live Digital Audio

    Bridging the tech skills gap is a major challenge for service providers and suppliers alike today – and the challenge is two-fold when it comes to increasing the number of women in the comms space. Level 3 Communications has made it a priority to overcome both challenges by implementing several unique programs focused on building the right candidates from within – in addition to filling the funnel by supporting STEM and other education programs. During this radio show, you’ll learn about these programs from Mary Beth McGrath, SVP of Global Talent Management at Level 3, and the best ways to bridge your own skills gap so that you are motivated and equipped for change. Plus you’ll have the chance to ask Mary Beth your questions live on the air.