Light Reading
Also in today's EMEA roundup: Orange feels the squeeze; Transmode makes hay in Europe; Pace buys Aurora.

Euronews: Hedge Fund Guru Has Faith in 'New Nokia'

Paul Rainford
10/23/2013
50%
50%

Also in today's EMEA roundup: Orange feels the squeeze; Transmode makes hay in Europe; Pace buys Aurora.

  • The new, soon-to-be slimline Nokia Corp. (NYSE: NOK) has received a vote of confidence from billionaire hedge fund manager Daniel Loeb, who has revealed that he has taken a stake in the company, reports Reuters. He also went against the recent grain of opinion by praising the company's top brass. (See Nokia Sells Devices Business to Microsoft .)

  • Orange (NYSE: FTE)'s latest set of results won't get many investors' juices flowing: Revenues of €10.16 billion (US$14.55 billion) were down 4 percent overall year-on-year, though Belgium was a particular black spot, down 10.1 percent. On a brighter note, Orange's French unit did report 298,000 net additions in terms of mobile packages, its best performance in three years. (See Orange Feels the Squeeze in Q3 .)

  • The news is better at Sweden's Transmode Systems AB , where third-quarter sales increased 7 percent year-on-year to 272 million Swedish kroner ($43 million), and net profits rose from SEK38 million ($5.9 million) to SEK40.1 million ($6.2 million). In a statement accompanying the results, CEO Karl Thedéen said that demand from European customers for its packet-optical networking products was strong, though the picture was less rosy in the Americas. (See Transmode Reports Q3 Gains.)

  • Pace plc , the British set-top box firm, has acquired Aurora Networks Inc. for $323 million, increasing its clout in the US cable market. The Yorkshire-based firm is already the number-three supplier of set-top boxes to the US cable industry after Cisco Systems Inc. (Nasdaq: CSCO) and Arris Group Inc. (Nasdaq: ARRS), providing, amongst other things, next-generation hybrid IP video gateways for Comcast Corp. (Nasdaq: CMCSA, CMCSK). (See Aurora Swims Upstream.)

  • Telenor ASA (Nasdaq: TELN)'s Swedish unit is moving further into broadband with the acquisition of Tele2 AB (Nasdaq: TLTO)'s fiber and cable business for SEK775 million ($121 million). The acquisition adds around 370,000 households connected to fiber and cable to Telenor Sweden's books, of which 125,000 are fixed broadband customers, 75,000 are digital TV customers and approximately 220,000 are cable subscribers. (See Telenor Buys Tele2's Swedish Fiber & Cable Business.)

  • UK regulator Ofcom is clamping down on the mobile operators' nasty habit of hiking the price of "fixed" contracts mid-term. It has mandated that consumers and small businesses should be allowed to exit their landline, broadband, or mobile contract without penalty if their provider increases the cost of their monthly deal.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (6)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View
    DOShea
    50%
    50%
    DOShea,
    User Rank: Blogger
    10/26/2013 | 6:38:06 PM
    Nokia
    I guess they call them hedge funds for a reason, right?
    DanJones
    50%
    50%
    DanJones,
    User Rank: Blogger
    10/23/2013 | 4:05:58 PM
    Re: Glad someone has!
    Yep, BBM is still very popular, haven't downloaded yet but will report back.
    Kruz
    50%
    50%
    Kruz,
    User Rank: Light Sabre
    10/23/2013 | 3:17:45 PM
    Re: Glad someone has!
    Nokia's always meant business when it came down to hardware and is still delivering when it comes down to that. Now with cash from Microsoft, it is able to spend heavily on ads in the US market (a market it had wrongly neglected before Elop) and is making a steady progress(8 million Lumias sold last quarter, double the numbers sold last year).

    But back to RIM - Blackberry, has anyone seen the buzz around the latest Android and iOS BBM even when announced at an awful bad timing? It slingshot to the number 1 free app in the App store and rocked 10 million downloads in 24 hours (although I am not very confident of the numbers).

    Here in the Middle East where BBM was once very popular, people are still interested in trying the new software - I personally wasn't for so many reasons. I hope BBM can learn/make something out of that.
    DanJones
    50%
    50%
    DanJones,
    User Rank: Blogger
    10/23/2013 | 1:10:15 PM
    Re: Glad someone has!
    Nokia: At Least Its Not A BlackBerry!

     

    New ad tag-line?
    SarahReedy
    50%
    50%
    SarahReedy,
    User Rank: Blogger
    10/23/2013 | 11:46:04 AM
    Re: Glad someone has!
    I think most of the praise around Nokia lately is along the lines of, "well, at least they are not RIM!" Although, their first tablet looks impressive, if you were already a fan of the Lumia smartphones.
    DanJones
    50%
    50%
    DanJones,
    User Rank: Blogger
    10/23/2013 | 10:57:43 AM
    Glad someone has!
    Glad someone has faith in Nokia. They're certainly advertising the bejeezus out of their Lumia camera features now.
    Educational Resources
    sponsor supplied content
    Educational Resources Archive
    Flash Poll
    From The Founder
    It's clear to me that the communications industry is divided into two types of people, and only one is living in the real world.
    LRTV Custom TV
    Using Service Quality to Drive WiFi Monetization

    10|22|14   |   6:51   |   (0) comments


    Live from the SCTE conference: Heavy Reading's Alan Breznick explores the forces shaping the WiFi opportunity in an interview with CableLabs' Justin Colwell and Amdocs' Ken Roulier.
    LRTV Custom TV
    Distributed Access Architectures – 2

    10|21|14   |   8:51:00 AM   |   (0) comments


    ARRIS CTO Network Solutions Tom Cloonan discusses why many if not most MSOs will continue with integrated CCAP, while addressing why some are also looking at two futuristic, distributed access architectures: Remote PHY and Remote CCAP.
    LRTV Custom TV
    Distributed Access Architectures – 1

    10|21|14   |   9:01   |   (0) comments


    SCTE Sr. Director of Engineering Dean Stoneback discusses the pros and cons of distributed access architecture (DAA) and its various forms, which range from basic Remote PHY to full CMTS functionality in the node.
    LRTV Custom TV
    The WiFi Road to Riches – 2

    10|21|14   |   3:58   |   (0) comments


    ARRIS Senior Solution Architect Eli Baruch talks about how MSOs can enable public and community WiFi through 1) outdoor access points, 2) businesses seeking to offer WiFi to customers, and 3) residential WiFi gateway extensions.
    LRTV Custom TV
    The WiFi Road to Riches – 1

    10|21|14   |   10:15   |   (0) comments


    SCTE Director of Advanced Technologies Steve Harris discusses WiFi deployments, drivers, challenges and advances, including 802.11ac, carrier-grade WiFi, community WiFi, Hotspot 2.0, Passpoint, WiFi-First and voice-over-WiFi.
    LRTV Custom TV
    Advantech Accelerates 100G Traffic Handling

    10|17|14   |   7:56   |   (0) comments


    Paul Stevens from Advantech explains why handling 100GbE needs a whole new platform design approach and how Advantech is addressing the needs of equipment providers and carriers to give them the flexibility and performance they will need for SDN and NFV deployment.
    LRTV Huawei Video Resource Center
    Holland's Imtech Traffic & Infra Discusses Huawei's ICT Solution and Services

    10|16|14   |   4:49   |   (0) comments


    Dimitry Theebe is from the business unit at Imtech Traffic & Infra which delivers communications solutions for transportations. His partnershp with Huawei began about a years ago. In this video, Theebe speaks more about this partnership and what he hopes to accomplish with Huawei.
    LRTV Huawei Video Resource Center
    Huawei's Comprehensive Storage Solutions Vital for SVR

    10|16|14   |   6:16   |   (0) comments


    SVR Information Technology provides cloud services for academic and special sectors. With Huawei's support, SVR and Yildiz Technical University has established Turkey's largest and most advanced High Performance Computing system. CSO Ismail Cem Aslan talks about what he hopes Huawei's OceanStor storage system will bring for him.
    LRTV Huawei Video Resource Center
    Mexico's Servitron's Impression of Huawei at CCW 2014

    10|16|14   |   6:35   |   (0) comments


    Servitron is a network operator in Mexico that has been in the trunking industry for the past 20 years. Its COO, Ing. Ragnar Trillo O., explains at Critical Communications World 2014 that his company has been interested in the long-term evolution of LTE technology and its adoption for TETRA.
    LRTV Huawei Video Resource Center
    Building a Better Dubai

    10|16|14   |   2:06   |   (0) comments


    Abdulla Ahmed Al Falasi is the director of commercial affairs, a telecommunications coordinator for the government of Dubai. Their areas of service span across multiple industries, including police, safety, shopping malls and more. In this video, Abdulla talks about his department's work with Huawei.
    LRTV Huawei Video Resource Center
    Huawei Lights Up Malaysia Partner Maju Nusa

    10|16|14   |   1:59   |   (0) comments


    Malaysia's Maju Nusa is an enterprise partner to Huawei in networking, route switches and telco equipment. At this year's Critical Communications World in Singapore, CTO Pushpender Singh talks about what Huawei's eLTE solutions mean to his company and for Malaysia.
    LRTV Custom TV
    Evolving From HFC to FTTH Networks

    10|15|14   |   2:19   |   (0) comments


    Cisco's Todd McCrum delves into the future of cable's HFC plant, examining how DOCSIS 3.1 and advanced video compression will extend its life and how the IP video transition will usher in GPON and EPON over FTTH.
    Upcoming Live Events
    October 29, 2014, New York City
    November 6, 2014, Santa Clara
    November 11, 2014, Atlanta, GA
    December 2, 2014, New York City
    December 3, 2014, New York City
    December 9-10, 2014, Reykjavik, Iceland
    February 10, 2015, Atlanta, GA
    June 9-10, 2015, Chicago, IL
    Infographics
    WhoIsHostingThis.com presents six of the world's most extreme WiFi hotspots, enabling the most epic selfies you can imagine.
    Hot Topics
    Google: Carriers & Cloud Providers Need to Cooperate
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 10/16/2014
    Could Data Be the New 'Currency'?
    Ray Le Maistre, Editor-in-chief, 10/16/2014
    iPad Air 2 Lets Users Switch Carriers Any Time
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 10/17/2014
    Analysts Warn of Major NFV Gaps
    Carol Wilson, Editor-at-large, 10/22/2014
    CBS Takes OTT Plunge
    Mari Silbey, Independent Technology Editor, 10/16/2014
    Like Us on Facebook
    Twitter Feed