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Euronews: Suri Slated for Nokia Top Job

Paul Rainford
3/14/2014
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Also in today's EMEA regional roundup: Vodafone close to ONO deal; Vivendi favors Numericable bid for SFR, says minister; the future of phone chargers.

  • The board of Nokia Corp. (NYSE: NOK) is about to name Rajeev Suri, the current head of Nokia Networks , as its new CEO, according to a report on Finnish news website YLE, citing daily newspaper Helsingin Sanomat. Risto Siilasmaa assumed an interim CEO role for Nokia when Stephen Elop stepped down following the sale of Nokia's handsets business to Microsoft Corp. (Nasdaq: MSFT). Suri took over from Simon Beresford-Wylie as CEO of NSN in 2009, and is widely credited with turning around the fortunes of the vendor. (See NSN's Rajeev Suri: Restructuring, Research & Resilience and NSN's Rajeev Suri: Carrier Capex & Customer Experience.)

    Rajeev Suri: You da man! (Possibly)
    Rajeev Suri: You da man! (Possibly)

  • Despite giving the go-ahead on Thursday for an initial public offering (IPO), shareholders in Spanish cable operator ONO are now close to accepting a €7.2 billion (US$9.9 billion) bid from Vodafone Group plc (NYSE: VOD), reports Reuters. Separately, Vodafone has announced that the integration of Vodafone Germany and Kabel Deutschland GmbH will begin on April 1. The combination will leave Vodafone with more than 32 million mobile subscribers, around 5 million broadband, and 7.6 million cable TV customers in Germany. (See Euronews: Vodafone Homes In On ONO, Euronews: Rivals Set for Cable Asset Battle, and Euronews: Vodafone Clears Hurdle to Kabel Bid.)

  • Meanwhile, in the latest twist to the SFR saga, Bloomberg reports that Vivendi is favoring the bid from Numericable over the rival offer from Bouygues Telecom for its mobile unit, according to French industry minister Arnaud Montebourg. The French government sees the Bouygues bid as a safer bet, however. Today is decision day for the Vivendi board, so, either way, the torment should end soon.

  • No more phone charger mayhem? Members of the European Parliament have voted to amend the draft law on certain categories of radio equipment -- and that includes mobile phones -- to stipulate that the ability to work with common chargers will be an essential requirement for such equipment. But at the very least it will be three years before manufacturers will have to comply with the new law, assuming it completes its tortuous passage.

  • Streaming services provided by the likes of Netflix Inc. (Nasdaq: NFLX) and Spotify have increased the UK home entertainment sector's revenues by 26% year-on-year to £5.3 billion ($8.7 billion), reports the Daily Telegraph. Sixty percent of this figure was derived from online services; the rest was from bricks-and-mortar stores.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

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    Gabriel Brown
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    Gabriel Brown,
    User Rank: Light Sabre
    3/17/2014 | 4:20:33 PM
    Re: Phone charger mayhem?
    Unfortunately, the EU-approved one (micro USB) looks and works like it was designed by committee.
    mendyk
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    mendyk,
    User Rank: Light Sabre
    3/17/2014 | 2:07:24 PM
    Re: Phone charger mayhem?
    Yes, plus it costs twice as much as an actual charger.
    SarahReedy
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    SarahReedy,
    User Rank: Blogger
    3/17/2014 | 11:00:30 AM
    Re: Phone charger mayhem?
    An additional accessory you have to buy as a workaround -- sounds about right for Apple!
    MarkC73
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    MarkC73,
    User Rank: Light Sabre
    3/15/2014 | 9:38:01 AM
    Re: Phone charger mayhem?
    Think the EU would be okay with this?

    http://store.apple.com/us/product/MD820ZM/A/lightning-to-micro-usb-adapter?afid=p219%7CGOUS&cid=AOS-US-KWG-PLA

    Sorry couldn't find a non-shopping page.  This is not an advertisement!
    mendyk
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    mendyk,
    User Rank: Light Sabre
    3/15/2014 | 9:13:52 AM
    Re: Phone charger mayhem?
    The company that apparently shall remain nameless has a long history of walling itself off from the rest of the world -- we tend to forget that it spent more than a decade as a niche supplier of computers mainly to art directors and their fellow travelers. The return of the Prodigal One and some really good product ideas caught on with a much larger group of fanboys and girls, and the arrogance of standing alone was reinforced and will remain intact. 
    R Clark
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    R Clark,
    User Rank: Blogger
    3/15/2014 | 5:44:55 AM
    Working together
    Phone vendors should be able to work these things out among themselves without state intervention. And it seems they have, except for the usual culprit. I'm baffled as to how changing the recharge socket for the 5c benefits anyone.
    Mitch Wagner
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    Mitch Wagner,
    User Rank: Lightning
    3/14/2014 | 4:42:10 PM
    Re: Phone charger mayhem?
    There is one new phone that doesn't suppoirt micro-USB, and its name rhymes with shmyphone. 

    Honestly, I'm no lassez-faire capitalist, and Apple's insistence on proprietary chargers is annoying. But this seems like a seriously bad regulation to me. It expends government resources on an insignificant problem, and it may have unanticipated negative consequences. 

    The EU refers to conflicting charger standards as a "nightmare." This is just silly. It's not a nightmare; it's just mildly inconvenient.
    DOShea
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    DOShea,
    User Rank: Blogger
    3/14/2014 | 12:10:58 PM
    Re: Suri
    Yes, though there has been some improvement at NSN, there's still a ways to go before we see full proof that the turnaround worked.
    Kruz
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    Kruz,
    User Rank: Light Sabre
    3/14/2014 | 10:42:29 AM
    Re: Phone charger mayhem?
    It is just annoying for Iphone to remain in a closed ecoystem. That didnt work for MSFT and they should learn from that on the longer run.
    Kruz
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    Kruz,
    User Rank: Light Sabre
    3/14/2014 | 10:38:16 AM
    Suri
    I am curious to see what his plans will be for Nokia in times when NSN sale's are falling down.
    Page 1 / 2   >   >>
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