Light Reading
Also in today's EMEA regional roundup: GSMA sets out single-market concerns; Telecom Italia cancels dividend; Apple's remarkable tax efficiency.

Euronews: Vodafone Connects With Audi, VW

Paul Rainford
3/7/2014
50%
50%

Also in today's EMEA regional roundup: GSMA sets out single-market concerns; Telecom Italia cancels dividend; Apple's remarkable tax efficiency.

  • The "connected car" concept has received another tap on the accelerator with the announcement of an agreement between Vodafone Group plc (NYSE: VOD) and the Volkswagen Group, which includes Audi. Beginning with selected Audi models in 2015, the plan is to equip new cars with embedded SIM cards/chips developed specifically for the automotive industry. The SIM will use the Vodafone network and M2M service platform to provide customers with Internet access on the road. (See AT&T Ups the Stakes in Connected Cars.)

  • The GSM Association (GSMA) has clubbed together with a group of European telco bigwigs to pen a letter to Neelie Kroes, vice-president of the European Commission , setting out what they think is needed to help make the proposed "single market" for telecom a success. As might be expected, the rolling back of regulation tops the wishlist, together with a re-working of the "antitrust framework" and a fresh look at the way spectrum is allocated across the region. (See Euronews: Single Telecom Market Is Go! and GSMA, Mobile Operators Pitch on Single Euro Market.)

  • Telecom Italia SpA (NYSE: TI) recorded a loss of €674 million (US$937 million) in 2013, with domestic revenues almost 10% down on the previous year. The operator has therefore decided not to distribute dividends for ordinary shares, although it pledges to remunerate all shareholders again next year, in the light of "signs of recovery" it claims to be able to discern in the market.

  • The number of subscribers to high-speed broadband in France grew by 28% last year to 2.1 million, according to regulator ARCEP . Its definition of "high-speed" is a download rate equal to or greater than 30 Mbit/s. The number of those still lumbering in the slow lane, however, stood at 22.8 million at the end of the fourth quarter. (See L'Arcep Updates on French Broadband.)

  • Apple Inc. (Nasdaq: AAPL) could be in for further flak over its tax arrangements following revelations in the Irish Times that between 2004 and 2008 its ASI entity in Ireland paid just $36 million in corporation tax on pre-tax profits of $7.11 billion -- way below the $890 million that ought to have been paid at the 12.5% corporation tax rate. According to the report, the accounts do not explain why this lower tax rate was applied.

  • The head of Europol's cybercrime center, Troels Oerting, has warned that the number of cyber-attacks on people using public WiFi is on the rise. He recommends that people should just enjoy their oversized, overpriced coffees and wait until they get home before doing any online banking.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (8)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View
    Susan Fourtané
    50%
    50%
    Susan Fourtané,
    User Rank: Blogger
    4/1/2014 | 5:07:19 AM
    Re: Apple tax
    nasimson, 

    "There are tax managers in every country where Apple operates. Then there are tax consultants, auditors- both internal and external. I find it hard to believe that Apple did not know how much tax to pay."

    That's one reason, precisely, why it's not Apple's fault. It's someone else's job to tell how much it is to be paid. 

    -Susan 

     
    mendyk
    50%
    50%
    mendyk,
    User Rank: Light Sabre
    3/31/2014 | 2:00:47 PM
    Re: Apple tax
    The period in question (2004-08) was a time when the Irish government was, um, bending over backwards to get technology firms to locate in Ireland. The emphasis was on bringing jobs into the country (small j, but by coincidence also attracted Apple's Big J). Outrageous tax breaks were part of the deal.  
    nasimson
    50%
    50%
    nasimson,
    User Rank: Light Sabre
    3/31/2014 | 1:25:12 PM
    Re: Apple tax
    > I don't see how that is Apple's fault either. Again, isn't the Irish tax system
    > the one that should tell Apple how much to pay according to company audits?

    @ Susan:

    There are tax managers in every country where Apple operates. Then there are tax consultants, auditors- both internal and external. I find it hard to believe that Apple did not know how much tax to pay.
    DOShea
    50%
    50%
    DOShea,
    User Rank: Blogger
    3/8/2014 | 4:25:26 PM
    Telecom Italia
    Still seems like they are trying to do too much. I read recently that TI said it won't sell out of Brazil even though top investor Telefonica wants it to. When you have a poor earnings AND cut your dividend and the general media reaction is no surprise whatsoever, you need to re-evaluate your priorities.
    Susan Fourtané
    50%
    50%
    Susan Fourtané,
    User Rank: Blogger
    3/8/2014 | 7:32:45 AM
    Re: Apple tax
    Mitch, 

    Exactly. 

    And these bits from The Irish Times?!

    "The accounts do not explain by whom or how this rate was decided, or in what jurisdiction the lower tax was paid."

    I don't see how that is Apple's fault. It talks about lack of control in the Irish tax system, instead. 

    "The current tax charge is lower than the standard rate in Ireland, " the accounts say."

    I don't see how that is Apple's fault either. Again, isn't the Irish tax system the one that should tell Apple how much to pay according to company audits? 

    "There is no suggestion that Apple's accounting was in any way illegal."

    Ha! So, what's the problem then? And most importantly, whose problem is this? I don't think it's Apple's problem. 

    -Susan 

    Mitch Wagner
    50%
    50%
    Mitch Wagner,
    User Rank: Lightning
    3/7/2014 | 5:35:28 PM
    Apple tax
    Is Apple different from other companies in its tax avoidance? If a country thinks Apple isn't paying enough taxes, that country should just raise the taxes.
    Phil_Britt
    50%
    50%
    Phil_Britt,
    User Rank: Light Sabre
    3/7/2014 | 12:51:35 PM
    Re: many kinds of connected cars
    From what I've seen so far, it's one provider per manufacturer. That will change if manufacturers find demand for competing products, but that is likely a few years down the road after these pilots have some meaningful metrics.
    SarahReedy
    50%
    50%
    SarahReedy,
    User Rank: Blogger
    3/7/2014 | 9:54:08 AM
    many kinds of connected cars
    It seems like a lot of operators have deals with car makers, like Audi. Are they all complementary -- roaming partners -- or are car makers not betting on one form of connectivity or one provider?
    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
    Razorsight Expert's Advice on Real-Time Analytics

    11|27|14   |   1:43   |   (0) comments


    Razorsight's powerful cloud-based Predictive Analytics solutions are used by the world's leading communications and media brands to drive smarter decisions, enable faster actions and optimize outcomes. Get expert advice.
    LRTV Interviews
    From 4G to 5G: Alcatel-Lucent's Dave Geary

    11|25|14   |   09:09   |   (1) comment


    Dave Geary, President of Wireless at Alcatel-Lucent, talks about the evolution of the 4G market, small cells, partnerships, 5G and the IoT.
    LRTV Huawei Video Resource Center
    Building a Secure Telefonica Network With Huawei's High-End Firewall

    11|24|14   |   4:37   |   (0) comments


    Andrew Davies, IP architect of the Telefonica, a leading digital communications company, discusses the Huawei security gateway solution and putting the solution into the testbed.
    LRTV Huawei Video Resource Center
    Huawei Partners with Spirent to Verify CE12816's 10GE Port & TRILL Networking Capabilities

    11|24|14   |   2:50   |   (0) comments


    Spirent Communications is the world's leading supplier for telecom testing appliances and solutions. Spirent has been in a close partnership with Huawei for a long time.
    LRTV Huawei Video Resource Center
    Saudi Airlines & Its ICT Transformation

    11|24|14   |   2:07   |   (0) comments


    In this video, Saudi Airlines discusses its network problems and how Huawei's Agile Network is its all-in-one solution.
    LRTV Huawei Video Resource Center
    Huawei's Agile Switch Benefiting Saudi Arabia's Yamamah Hospital

    11|24|14   |   2:40   |   (0) comments


    Saudi Arabia's Yamamah Hospital speaks about how Huawei's Agile Switch has improved the medical service's network infrastructure.
    LRTV Huawei Video Resource Center
    FanPlay & Huawei Build a Wireless Agile Smart Stadium

    11|24|14   |   2:13   |   (0) comments


    FanPlay is a cloud-based white label service, which is effectively a football fan engagement platform underpinned by mobile payment technology.
    LRTV Huawei Video Resource Center
    Building an Agile Stadium

    11|24|14   |   3:54   |   (0) comments


    Stadiums may be thousands of tons of concrete and steel, but they now need to be agile. Being at the stadium may not be as alluring as it once was. Sports franchises and stadium operators discuss how to get fans back.
    LRTV Huawei Video Resource Center
    Huawei Helps ChinaCache Tackle Challenges in the Internet Industry

    11|24|14   |   3:09   |   (0) comments


    ChinaCache is China's largest content distribution network supplier. Huawei's CE12800 has provided ChinaCache with very strong support in its establishment of an infrastructure network.
    LRTV Huawei Video Resource Center
    Cefinity on Managed Security Services & Next-Generation Firewall

    11|24|14   |   7:05   |   (0) comments


    Cefinity is a cloud management service provider in Southeast Asia. Ivan Zhang, CEO of the company, discusses the implementation of security service management in the cloud era.
    LRTV Huawei Video Resource Center
    Huawei's Agile Gateway in the Eyes of Cefinity

    11|24|14   |   2:11   |   (0) comments


    Cefinity is a managed service provider for enterprise networks. The company currently uses Huawei's AR series routers for the most complete range of functions. CEO Ivan Zhang speaks about the advantages of the AR series routers.
    LRTV Huawei Video Resource Center
    CTO of Bus-Online Talks About Huawei's Agile Gateway

    11|24|14   |   2:53   |   (0) comments


    Bus-Online covers around 100 million users everyday. In addition to providing mobile TV, and advertising services to the public, Bus-Online has also entered the field of mobile Internet.
    Upcoming Live Events
    December 2, 2014, New York City
    December 3, 2014, New York City
    December 8-10, 2014, Reykjavik, Iceland
    February 10, 2015, Atlanta, GA
    April 14, 2015, New York City, NY
    May 6, 2015, McCormick Convention Center, Chicago, IL
    May 13-14, 2015, The Westin Peachtree, Atlanta, GA
    June 9-10, 2015, Chicago, IL
    Infographics
    Irish Telecom outlines the rise of VoIP technology, including its adoption within businesses and their perception of its quality.
    Hot Topics
    Net Neutrality Even Mark Cuban Could Love
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 11/26/2014
    Do You Have a 2020 Vision?
    Dennis Mendyk, Vice President of Research, Heavy Reading, 11/21/2014
    Why 5G Is a Different Beast
    Robert Clark, 11/26/2014
    Eurobites: Net Neutrality Battle Looms
    Paul Rainford, Assistant Editor, Europe, 11/27/2014
    New Juniper CEO Can Be Thankful for $14.5M
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 11/25/2014
    Like Us on Facebook
    Twitter Feed