Light Reading

Euronews: EE's IPO Plan Put on Ice

Paul Rainford
1/17/2014
50%
50%

Also in today's EMEA roundup: Carlos Slim ups stake in Telekom Austria; Ofcom slammed for proposed 2G fees; M2M action in UK; Huawei's soccer match-up.

  • Deutsche Telekom AG (NYSE: DT) and Orange (NYSE: FTE) have abandoned plans to undertake an IPO of shares in their UK mobile joint venture EE , according to a Bloomberg report. In 2013 EE's owners admitted they had decided to conduct a strategic review of their joint venture, with an IPO being the "preferred option." (See Euronews: EE Tests Waters on Flotation.)

  • Carlos Slim's América Móvil S.A. de C.V. has upped its stake in Telekom Austria AG (NYSE: TKA; Vienna: TKA) to 26.8%, which is enough to constitute a "blocking minority," according to Reuters. Last year Slim tried to take control of Dutch incumbent KPN Telecom NV (NYSE: KPN), but his efforts were thwarted when a foundation closely associated with KPN exercised an option to award itself around 50% of the voting stock. (See Euronews: Slim Abandons KPN Bid.)

  • Ofcom , the UK telecom regulator, has come under fire from industry analysts for hiking up the fees it plans to charge for 2G spectrum, reports the Daily Telegraph. The criticism, from Enders Analysis (and commissioned by EE), follows complaints from operators, who point out that the proposed annual fees of £309 million (US$507 million) are almost five times the current levels they pay for their 2G spectrum.

  • Neul Ltd. , a UK startup operating in the M2M technology space, has launched what it describes as a "two-way, wide-area networking solution for the Internet of Things," and announced a trial with BT Group plc (NYSE: BT; London: BTA). The NeulNET platform is offered to network operators on a "per device, per month" basis, using terminal modules that can operate for ten to 15 years using two standard AA batteries, claims the vendor. (See Neul Unveils NeulNET M2M Platform .)

  • CityFibre , which lays claim to being largest independent provider of fiber infrastructure to secondary towns and cities in the UK, has raised around £16.5 million ($27.1 million) from an IPO on the London Stock Exchange's AIM market. (See CityFibre Raises £16.5M From IPO.)

  • TTNET, a Turkish broadband provider, is to use Alcatel-Lucent (NYSE: ALU)'s Motive Data Management Platform analytics offering in a bid to improve the customer experience for its IPTV subscribers. (See TTNET Uses Alcatel-Lucent Analytics.)

  • And finally: One of the big guns of UK soccer, Arsenal, has signed a sponsorship deal with Huawei Technologies Co. Ltd. Under the terms of the agreement, Huawei becomes the club's "official smartphone partner," whatever that means. It could mean Arsenal's current crop of pampered players whipping out oversized Huawei devices at regular intervals in nightclubs across London in the coming months. For a taste of the Arsenal glory days, when players didn't have smartphones, let alone smartphone partners, see this netbuster.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (1)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View
    DOShea
    50%
    50%
    DOShea,
    User Rank: Blogger
    1/17/2014 | 12:25:59 PM
    EE
    I think there also had been some speculation they could sell to or seek investment from a US carrier. Maybe that is off the table, too, if it ever was a possibility...?
    Educational Resources
    sponsor supplied content
    Educational Resources Archive
    Flash Poll
    From The Founder
    Networks of the future will rely on "white box" switches and servers rather than proprietary hardware and that's going to alter the shape of the communications industry. Who says so? John Chambers.
    LRTV Custom TV
    The Benefits of HyperScale Clouds for NFV

    3|27|15   |   01:50   |   (0) comments


    Hyperscale cloud has been developed by the Internet giants to support the creation and delivery of software-based services at blistering speeds, and at the lowest possible cost. The original ETSI NFV vision was to adopt hyperscale cloud architecture and practices. This vision has become somewhat obscured along the way, due to misunderstandings about the hyperscale ...
    LRTV Huawei Video Resource Center
    eLTE Rapid Meets the Need for Speed

    3|26|15   |   4:45   |   (0) comments


    Designed especially for emergency and dedicated ad hoc local mobile communications coverage, Huawei's eLTE Rapid solution can deliver trunked voice, video and data coverage for multiple users over a 6km range and be set up in just 15 minutes, explains Huawei's Norman Frisch.
    LRTV Huawei Video Resource Center
    On Videos: Challenges & Opportunities

    3|26|15   |   5:56   |   (0) comments


    Most everything is now connected. And along with 4K and 4G technologies, everyone could be creating and broadcasting video contents. Users are expecting better video experience with any screen, anywhere and anytime. Operators will meet new challenges, but also see some big opportunities.
    LRTV Custom TV
    JDSU: Delivering Dynamic Networks for a Personalized Experience

    3|26|15   |   5:59   |   (0) comments


    Light Reading speaks to JDSU at Mobile World Congress 2015 about new solutions in the areas of HetNets, VoLTE, backhaul, virtualization, big data analytics, and real-time intelligence.
    LRTV Custom TV
    Smarter Service Chaining & New Ways to Benefit From Qosmos Technology

    3|25|15   |   03:11   |   (0) comments


    David Le Goff, director of strategic and product marketing at Qosmos, explains how the company has added application awareness to subscriber information to make service chaining more efficient and reduce costs for networking and infrastructure. In addition, Qosmos technology, which has been delivered as C libraries, is now also available as a virtual machine, ...
    Between the CEOs
    Qosmos CEO: The Changing Face of DPI

    3|24|15   |   13:53   |   (0) comments


    LR CEO and Founder Steve Saunders sits down with the head of Qosmos to talk about the changing state of the art in deep packet inspection technology, including its role in SDN and NFV architectures. Also, how the comms market is becoming more like the automotive industry.
    LRTV Huawei Video Resource Center
    FC Schalke Scores With Its Agile Stadium

    3|24|15   |   6:23   |   (0) comments


    Top German soccer club FC Schalke 04 has deployed a new, agile WiFi network from Huawei in its Veltins-Arena stadium and is reaping the benefits in terms of customer satisfaction and business opportunities, explains marketing chief Alexander Jobst.
    LRTV Huawei Video Resource Center
    Huawei’s Insights on Mobile Video

    3|24|15   |   7:51   |   (0) comments


    More people than ever are now watching videos on smartphones. Seventy percent of mobile traffic will be video traffic until 2018. In this video, Huawei's exports give their insights on mobile video in terms of business model, network planning and 4G network construction.
    LRTV Documentaries
    The Rise of Industry 4.0

    3|24|15   |   02:26   |   (9) comments


    Are you ready for the fourth industrial revolution? It's a big deal for influential operators such as Deutsche Telekom.
    LRTV Huawei Video Resource Center
    Getting Connected With eLTE

    3|23|15   |   06:04   |   (0) comments


    Trunked radio communications have entered the 4G LTE world, and with Huawei's eLTE solution, can now deliver a full range of data and video services as well as push-to-talk voice, explains Huawei's Norman Frisch.
    LRTV Huawei Video Resource Center
    Funkwerk’s on Track With Huawei

    3|19|15   |   3:23   |   (0) comments


    GSM-R technology specialist Funkwerk and Huawei have forged a partnership that is benefiting both parties, notes Funkwerk's Gottfried Winter.
    LRTV Documentaries
    How EANTC Tested Cisco's Virtualization Solutions

    3|18|15   |   5:49   |   (0) comments


    Carsten Rossenhövel, managing director of independent test lab EANTC, tells Light Reading founder and CEO Steve Saunders about the innovative approach his team had to take when validating Cisco's service provider virtualization and cloud solutions.
    Upcoming Live Events
    April 14, 2015, The Westin Times Square, New York City, NY
    May 5, 2015, Hyatt McCormick Place, Chicago, IL
    May 6, 2015, Georgia World Congress, Atlanta, GA
    May 12, 2015, Grand Hyatt, Denver, CO
    May 13-14, 2015, The Westin Peachtree, Atlanta, GA
    June 8, 2015, Chicago, IL
    June 9-10, 2015, Chicago, IL
    June 9, 2015, Chicago, IL
    June 10, 2015, Chicago, IL
    September 29-30, 2015, The Westin Grand Müchen, Munich, Germany
    All Upcoming Live Events
    Infographics
    Hot Topics
    AT&T Woos SMBs With Small-Scale WiFi
    Sarah Thomas, Editorial Operations Director, 3/26/2015
    The Rise of Industry 4.0
    Ray Le Maistre, Editor-in-chief, 3/24/2015
    Google Hires Wall Street's Most Influential Woman as CFO
    Dan Jones, Mobile Editor, 3/24/2015
    Average US Broadband Speeds No Great Shakes
    Mari Silbey, Independent Technology Editor, 3/25/2015
    Just Don't Say IBM Is 'Relaunching' Networking Business
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 3/26/2015
    Like Us on Facebook
    Twitter Feed
    Webinar Archive
    BETWEEN THE CEOs - Executive Interviews
    LR CEO and Founder Steve Saunders sits down with the head of Qosmos to talk about the changing state of the art in deep packet inspection technology, including its role in SDN and NFV architectures.
    Chattanooga’s EPB publicly owned utility comms company has become a poster child for how to enable a local economy using next-gen networking technology. Steve Saunders, Founder of Light Reading, sits down with Harold DePriest, president and CEO of EPB, to learn how EPB is bringing big time tech to small town America.
    Cats with Phones
    Interspecies Phone Love Click Here
    "No, you hang up."
    "No, YOU hang up."
    Latest Comment