& cplSiteName &

Euronews: AT&T Nixes Vodafone Bid Plan

Paul Rainford
1/27/2014
50%
50%

Also in today's EMEA roundup: Liberty Global to buy Ziggo; Ericsson, Samsung agree patents peace deal; SFR, Bouygues close to network-sharing alliance.

  • It looks like Vodafone Group plc (NYSE: VOD) will be staying in British hands, at least for the next six months, as AT&T Inc. (NYSE: T) has announced that it has no current plans to put in a bid for the Newbury, UK-based group. As Bloomberg reports, the AT&T announcement sent Vodafone's shares southwards by 4.9% in early Monday trading, its biggest drop in five years. Meanwhile, adds Bloomberg, Vodafone has designs on ONO , the Spanish cable operator that has just announced plans for an IPO. (See Euronews: Spain's ONO Mulls IPO.)

  • Here's one US incursion into European territory that is going ahead: Liberty Global Inc. (Nasdaq: LBTY), the US cable giant, has agreed takeover terms with Dutch cable operator Ziggo B.V. . If all goes to plan, Liberty Global will pay €10.0 billion (US$13.7 billion) in stock and cash for Ziggo, giving it control of the accounts of 7 million Dutch cable subscribers. The deal is expected to close in the second half of 2014. (See Liberty Global to Buy Ziggo for €10B and Euronews: Liberty Global Back in Takeover Talks With Ziggo.)

  • Ericsson AB (Nasdaq: ERIC) has reached an agreement with Samsung Corp. on patents, which will see ongoing royalty payments from Samsung to Ericsson. The details of the deal are confidential, but Ericsson says in a statement that the initial payment in the agreement will boost Ericsson's sales and earnings in the fourth quarter of 2013 by 4.2 billion Swedish kroner ($652 million) and SEK3.3 billion ($512 million) respectively. Back in 2011 Ericsson sued Samsung over its refusal to renew a patent license agreement on so-called FRAND (fair, reasonable and non-discriminatory) terms, following two years of negotiations. (See Euronews: Ericsson Sets Lawyers on Samsung and Euronews: Ericsson Eyes Patents Cash Cow.)

  • French mobile operators SFR and Bouygues Telecom are nearing a deal on network sharing, according to this Reuters report. The pair are looking to cut costs in the face of fierce competition from cut-price upstart Free Mobile . (See Free Disrupts French Mobile Market.)

  • London's Imperial College is to collaborate with Huawei Technologies Co. Ltd. on a laboratory that will focus on potential "big data" applications. The Chinese giant will be forking out for new equipment, providing a research fund, and covering operational costs. (See Huawei & Imperial College to Open Big Data Lab.)

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (7)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    RitchBlasi
    50%
    50%
    RitchBlasi,
    User Rank: Light Sabre
    1/27/2014 | 1:35:41 PM
    AT&T or Huawei?
    Guess we now have "the" American company feeling like Huawei?  Ain't biz as usual that's for sure.
    DanJones
    50%
    50%
    DanJones,
    User Rank: Blogger
    1/27/2014 | 1:00:32 PM
    Re: Wonder if NSA story is hindering AT&T's traction?
    Good to know, thanks.
    brookseven
    50%
    50%
    brookseven,
    User Rank: Light Sabre
    1/27/2014 | 12:55:39 PM
    Re: Wonder if NSA story is hindering AT&T's traction?
    I can tell you for a point of fact that we had to have data centers outside the US to do any significant business in Europe.  

    Our customers wanted to know that their good mail would in no case would ever enter the US.

    This was BEFORE all this latest NSA stuff.

    seven

     
    DanJones
    50%
    50%
    DanJones,
    User Rank: Blogger
    1/27/2014 | 12:22:30 PM
    Re: Wonder if NSA story is hindering AT&T's traction?
    Yeah, sounds like something to keep an eye on.
    KBode
    50%
    50%
    KBode,
    User Rank: Light Sabre
    1/27/2014 | 12:20:06 PM
    Re: Wonder if NSA story is hindering AT&T's traction?
    This Wall Street Journal story seems to suggest as much:

    "At a dinner Tuesday night during the annual gathering of top executives and political figures in the Swiss resort town, Mr. Stephenson asked Commissioner Neelie Kroes how revelations of data-gathering programs conducted by the National Security Agency would affect the ability of companies like AT&T to do business in Europe, people familiar with the conversation said.

    There was no discussion of specific deals or targets for AT&T, the people said, although Mr. Stephenson did generally reiterate his interest in broadening investment and operations in Europe.

    Ms. Kroes replied that U.S. companies, like AT&T, face a trust problem in Europe as a result of the spying disclosures and it is in the interests of all the parties to get that resolved. The scandal is likely to be a live issue as the continent gears up for EU-wide European Parliament elections in May."

    My assumption is they try again in six months after the elections are done and the political posturing settles down.

    DanJones
    50%
    50%
    DanJones,
    User Rank: Blogger
    1/27/2014 | 11:59:52 AM
    Re: Wonder if NSA story is hindering AT&T's traction?
    Interesting thought...
    KBode
    50%
    50%
    KBode,
    User Rank: Light Sabre
    1/27/2014 | 9:13:24 AM
    Wonder if NSA story is hindering AT&T's traction?
    Bloomberg oddly omits this, but I'd seen previous reports suggesting that European regulators aren't exactly thrilled with AT&T's very close ties to the NSA, and that could hamper any Vodafone acquisition. This move appears to only delay any necessary AT&T decision six months, so perhaps AT&T hopes to try later when the outrage over the Snowden leaks has faded slightly?
    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
    Heavy Reading: The Web-Scale View

    1|18|17   |     |   (0) comments


    At Light Reading's 2020 Vision Executive Summit in Rome, Heavy Reading's former chief analyst Patrick Donegan shared insight from the recent web-scale operators report, which featured research on how web-scale operators view the market, the best web-scale companies to ...
    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.
    Upcoming Live Events
    March 21-22, 2017, The Curtis Hotel, Denver, CO
    May 15-17, 2017, Austin Convention Center, Austin, TX
    All Upcoming Live Events
    Infographics
    Hot Topics
    A Women in Comms Glossary
    Sarah Thomas, Director, Women in Comms, 1/18/2017
    Is Cable One Beefing Up for Slaughter?
    Alan Breznick, Cable/Video Practice Leader, Light Reading, 1/20/2017
    Next Plugfest Gets G.fast Closer to Market
    Brian Santo, Senior editor, Test & Measurement / Components, Light Reading, 1/13/2017
    TV's Paradox: No HDR Without 4K
    Mari Silbey, Senior Editor, Cable/Video, 1/17/2017
    Nokia CTO: 2017 Is the Year 5G Gets in the Field
    Dan Jones, Mobile Editor, 1/19/2017
    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.