& cplSiteName &

Eurobites: TeliaSonera Suffers in Spain

Paul Rainford

Also in today's EMEA regional roundup: Transmode Q2 profits halved; Hutchison, VimpelCom discuss Italian merger; BT targets SMBs with One Phone.

  • Swedish operator Telia Company is looking again at selling its Spanish subsidiary, Yoigo , following results that reflected tough trading conditions there, reports Bloomberg. Second-quarter operating income decreased 10.4% to 6.43 billion Swedish kroner (US$941 million), and TeliaSonera revised its full-year outlook from flat to slightly below 2013 levels.

  • Second-quarter profits at Transmode Systems AB , the Swedish optical and Carrier Ethernet vendor, more than halved year-on-year to SEK19.1 million ($2.8 million) on sales that were down 14.8% to SEK250 million ($36.6 million). In a statement accompanying the results, CEO Karl Thedéen blamed the lower sales on reduced buildout activity at Transmode's EMEA clients.

  • Hutchison Whampoa Ltd. (Hong Kong: 0013; Pink Sheets: HUWHY) and VimpelCom Ltd. (NYSE: VIP) are back in talks about merging their mobile assets in Italy, according to this Bloomberg report. However, the talks may come to nothing: Apparently, Hutchison wants its 3 Italia unit to control any joint entity, but VimpelCom is looking for a 50:50 split.

  • Still in Italy, Telefónica SA (NYSE: TEF) will cut its stake in incumbent Telecom Italia SpA (NYSE: TI) by more than third by selling $1 billion worth of convertible bonds, reports Bloomberg. Telefónica has to divest these assets to comply with an order from the Brazilian antitrust regulator over its dealings there.

  • BT Group plc (NYSE: BT; London: BTA) today launched a new fixed-mobile service for UK small and midsized businesses called BT OnePhone, which is built on its existing fixed and Wifi assets, small cells, some of its own spectrum, and its MVNO agreement with EE . (See BT Launches One Phone for SMBs.)

  • Ziggo B.V. , the Dutch cable operator that is in the process of being taken over by Liberty Global Inc. (Nasdaq: LBTY), saw its second-quarter core profits rise 2.2% year-on-year, reports Reuters. Separately, meanwhile, Liberty Global has splashed £481 million ($822.4 million) on acquiring a 6% share of ITV, the UK's main commercial broadcaster and the outfit responsible for such ratings bankers as Coronation Street and Emmerdale. (See Euronews: Rivals Set for Cable Asset Battle.)

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (0)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    Educational Resources
    sponsor supplied content
    Educational Resources Archive
    Light Reading’s Upskill U is a FREE, interactive, online educational resource that delivers must-have education on themes that relate to the overall business transformation taking place in the communications industry.
    Friday, October 28, 1:00PM EDT
    Security: The Plusses and Minuses of Open Source Software
    Nick Feamster, Acting Director, Center for Information Technology Policy, Princeton University
    Wednesday, November 16, 1:00PM EST
    SDN 101
    John Isch, Practice Director, Network & Voice, Orange Business Services
    Friday, November 18, 1:00PM EST
    SDN & Open Source
    Christopher W. Rice, Senior Vice President of AT&T Labs, Domain 2.0 Architecture and Design
    Wednesday, November 30, 1:00PM EST
    SDN & the Software Defined Data Center
    in association with:
    From The Founder
    Light Reading today starts a new voyage as part of a larger Enterprise.
    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 Custom TV
    OneAccess NFV Solutions

    10|26|16   |   5:30   |   (0) comments

    Antoine Clerget, CTO of OneAccess, discusses how his company has expanded its product line from enterprise-class routers to include a universal virtualized CPE as well as a suite of VNFs to help telco customers evolve to an NFV future.
    LRTV Custom TV
    The Journey Toward Carrier-Grade WiFi

    10|26|16   |   3:39   |   (0) comments

    In this Light Reading interview, Dave Sperling, CTO at Smith Micro Software and active participant of the WBA's policy working group, discusses the need for carrier-grade WiFi. Technical and business challenges slowing the fulfillment of this goal are addressed, as well as management strategies that will enable communication service providers to optimize end user ...
    LRTV Custom TV
    ZTE BBWF Highlights

    10|26|16   |     |   (0) comments

    At BBWF 2016, ZTE showed a broad range of innovative technologies that are kick-starting an ultrafast broadband journey.
    LRTV Custom TV
    Next-Generation Technology Beyond DOCSIS 3.1

    10|20|16   |     |   (0) comments

    At SCTE 2016, Huawei's Liu Jianhua speaks with Alan Breznick for an exclusive interview.
    LRTV Custom TV
    Hybrid Video Solutions to Change TV, Change Future

    10|20|16   |     |   (0) comments

    At SCTE 2016, Huawei's Ian Locke speaks with Alan Breznick for an exclusive interview.
    LRTV Custom TV
    Huawei Future-Oriented Giga Coax Network

    10|20|16   |     |   (0) comments

    At SCTE 2016, Huawei's Allen Wang speaks with Alan Breznick for an exclusive interview.
    LRTV Custom TV
    Huawei at SCTE 2016

    10|20|16   |     |   (0) comments

    Join Alan Breznick of Light Reading and take a sneak peek at the Huawei booth at SCTE 2016.
    LRTV Custom TV
    Assuring Network Quality in a Rapidly Changing Environment

    10|20|16   |     |   (0) comments

    As the rate of change and complexity increases in agile networks, the importance of introducing DevOps methodologies for integrating active test and assurance solutions throughout the full service lifecycle becomes critical to ensure that customers are experiencing the service quality they demand. The industry landscape is changing, and software-based test and ...
    Telecom Innovators Video Showcase
    A10 Networks on Service Providers' Industry Needs

    10|20|16   |     |   (0) comments

    Light Reading's Steve Saunders hears how A10 enables service providers to accelerate, secure and optimize their application delivery to drive down costs, enhance service availability, and better respond to customer requirements, so they can improve customer satisfaction, monetize their network, and grow revenues.
    LRTV Custom TV
    New NFV Use Cases for Cable TV

    10|19|16   |     |   (0) comments

    A large number of NFV use cases are focused on the enterprise domain, looking at virtualization of customer-premises equipment (CPE). To date, there has been little focus on the use cases and business case for virtualization of the video content delivery networks required to deliver unicast and streaming video to consumers. Amdocs commissioned Analysys Mason to ...
    Women in Comms Introduction Videos
    Meet the Future Workforce: New Faces, Expectations & Motivations

    10|19|16   |   5:33   |   (1) comment

    Millennials and their younger peers, Gen Z, expect more out of their network and more out of their work. Intel's Lynn Comp shares how the industry can prepare for this new generation of workers.
    LRTV Custom TV
    ZTE Global Services User Congress 2016 Highlights

    10|19|16   |     |   (0) comments

    ZTE held its 2nd Global Service User Conference in Dusseldorf on October 13-14. Representatives from network operators, leading industry analysts and ZTE senior expertsattended the event, exploring the best practice in managed services and the vision to transform network operations into the operations center of the future (OpCF) in the software-defined networking ...
    Upcoming Live Events
    November 3, 2016, The Montcalm Marble Arch, London
    November 30, 2016, The Westin Times Square, New York City
    December 1, 2016, The Westin Times Square, New York, NY
    December 6-8, 2016, The Westin Excelsior, Rome
    May 16-17, 2017, Austin Convention Center, Austin, TX
    All Upcoming Live Events
    Hot Topics
    Attacks Have Major Internet Sites on the Ropes
    Brian Santo, Senior editor, Test & Measurement / Components, Light Reading, 10/21/2016
    Trump: Dump AT&T/TW & Comcast/NBC
    Alan Breznick, Cable/Video Practice Leader, Light Reading, 10/24/2016
    Layer3 TV Comes to Town, Hints at Future
    Mari Silbey, Senior Editor, Cable/Video, 10/21/2016
    T-Mobile: AT&T & TW Means Ma Bell Not Focused on Mobile
    Dan Jones, Mobile Editor, 10/24/2016
    Sprint: Revenue up 3%, Capex Will Rise Again
    Dan Jones, Mobile Editor, 10/25/2016
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    Join us for an in-depth interview between Steve Saunders of Light Reading and Alexis Black Bjorlin of Intel as they discuss the release of the company's Silicon Photonics platform, its performance, long-term prospects, customer expectations and much more.
    There's no question that, come 2020, 5G technology will turn the world's conception of what mobile networking is on its head. Within the world of 5G development, Dr. ...
    Animals with Phones
    'Oh, Were You Looking for This?' Click Here
    'I was just playing some games...'
    Live Digital Audio

    A vital part of increasing the number of women in comms is transforming the ways companies can support and empower women. While progressive company policies that support both men and women in achieving work-life balance are a step in the right direction, creating a company culture that supports those policies can at times be more challenging.

    During this show, we'll talk to Lynn Comp, Senior Director of Industry and Sales Enabling (ISE) in the Network Platforms Group at Intel, about why those challenges exist and how companies can overcome them. She'll provide insight into how Intel has worked to create a culture that supports work-life balance, and provide steps and guidance for other companies wishing to do the same. We will also leave plenty of time to get your questions answered live on the air.