& 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!
    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 Interviews
    Software Trends in the Telecom Sector

    2|23|17   |   03:40   |   (0) comments


    Heavy Reading senior analyst James Crawshaw talks with Telecoms.com Editorial Director Scott Bicheno about trends and developments in the telecoms software sector and what to expect at MWC 2017.
    LRTV Custom TV
    Huawei's Pre-MWC Analyst Briefing 2017 Highlights

    2|22|17   |     |   (0) comments


    Huawei shares its vision for this year's MWC.
    LRTV Interviews
    MWC17: 5G, Cloud RAN & More

    2|21|17   |   04:35   |   (0) comments


    Ovum Senior Analyst Julian Bright talks to Scott Bicheno from Telecoms.com about all things MWC, including Cloud RAN, Huawei's pitch to the industry and the road to 5G.
    LRTV Interviews
    MWC 2017's Key 2-Letter Terms

    2|20|17   |   08:29   |   (1) comment


    5G, AI, VR... these are just some of the two-letter terms that will dominate show-floor chat at MWC 2017 in Barcelona, according to these two blow-hards (a.k.a. Scott Bicheno of Telecoms.com and Light Reading's Ray Le Maistre). And then there's PB...
    LRTV Interviews
    Key Trends for Mobile Operators in Developing Markets

    2|20|17   |   06:37   |   (0) comments


    Ovum's Matthew Reed talks to Scott Bicheno from Telecoms.com about the challenges and opportunities facing mobile operators in the developing markets of Africa and the Middle East.
    LRTV Documentaries
    YouTube Takes on Facebook Live-Streaming

    2|17|17   |     |   (0) comments


    Popular 'YouTubers' will be the first to get the new service on their smartphones. You have been warned.
    LRTV Custom TV
    Open Source NFV/SDN Automation

    2|17|17   |   05:54   |   (0) comments


    AT&T ECOMP (Enhanced Control, Orchestration, Management and Policy) code is transitioning into the Linux Foundation for placement into open source. In this video, Carol Wilson provides an update on the maturation of open source ECOMP and meets with industry leaders from AT&T, Bell Canada, Orange, Linux Foundation and Amdocs to discuss what this means for the ...
    LRTV Documentaries
    Uber & NASA Collaborate on Flying Car Project

    2|16|17   |     |   (0) comments


    Is Uber for real? Well, it's hired NASA engineer Mark Moore to lead the project, and he wouldn't come cheap.
    LRTV Documentaries
    Zuckerberg Tries Out the Oculus Rift VR Glove

    2|15|17   |     |   (0) comments


    Facebook CEO shows off a new way to interact with the Oculus Rift virtual reality headset: an Oculus glove.
    LRTV Custom TV
    Huawei Digital Transformation Forum 2017

    2|10|17   |     |   (0) comments


    Here's a preview of the upcoming Huawei Digital Transformation Forum taking place in Barcelona with trending telecom topics like cloud, IoT, 5G and much more!
    Telecom Innovators Video Showcase
    Dan Sahar of Qwilt on Open Edge Cloud Platform

    2|8|17   |   08:38   |   (0) comments


    Dan Sahar, Qwilt's co-founder, sits down with Steve Saunders of Light Reading for a conversation about Qwilt's Open Edge Cloud platform and the new role of service providers in application and content delivery.
    LRTV Documentaries
    ZeroStack's 'Self-Driving Cloud'

    2|7|17   |   01:09   |   (0) comments


    Its Z-Brain tech automates day-to-day management and long-term planning for hybrid clouds.
    Upcoming Live Events
    March 21-22, 2017, The Curtis Hotel, Denver, CO
    March 22, 2017, The Curtis Hotel, Denver, CO
    March 22, 2017, The Curtis Hotel, Denver, CO
    May 15-17, 2017, Austin Convention Center, Austin, TX
    May 15, 2017, Austin Convention Center - Austin, TX
    June 6, 2017, The Joule Hotel, Dallas, TX
    All Upcoming Live Events
    Infographics
    With the mobile ecosystem becoming increasingly vulnerable to security threats, AdaptiveMobile has laid out some of the key considerations for the wireless community.
    Hot Topics
    Broadband Has a Problem on the Pole
    Mari Silbey, Senior Editor, Cable/Video, 2/21/2017
    Is the Time Right for a Cisco/Ericsson Wedding?
    Ray Le Maistre, Editor-in-chief, 2/17/2017
    Verizon to Start Fixed 5G Customer Trials in April
    Dan Jones, Mobile Editor, 2/22/2017
    Uber's HR Nightmare: Company Investigates Sexual Harassment Claims
    Sarah Thomas, Director, Women in Comms, 2/21/2017
    Nice to See at Least One CSP Taking My Advice
    Mitch Wagner, Editor, Enterprise Cloud, 2/17/2017
    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
    No One Likes This Click Here
    Take a hint!
    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.