Light Reading
Also in today's EMEA roundup: Belgian government nominates new Belgacom CEO; Channel Tunnel gets connected; Pace sets the, er, pace.

Euronews: Orange Goes Gaming

Paul Rainford
1/9/2014
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Also in today's EMEA roundup: Belgian government nominates new Belgacom CEO; Channel Tunnel gets connected; Pace sets the, er, pace.

  • Orange (NYSE: FTE) is getting a piece of the cloud-gaming action by acquiring a minority stake in G-cluster, a Japanese company specializing in the aggregation and streaming of cloud-based games. Through this investment, Orange is looking to develop a strong games catalog across Europe, while tapping into G-cluster's knowhow to optimize traffic generated by gaming on the Orange network. (See Orange Takes Stake in G-cluster Global .)

  • The Belgian government looks likely to nominate an internal candidate, Dominique Leroy, as its choice for the position of CEO at Belgacom SA (Euronext: BELG), according to a Telecompaper report (subscription required) citing L'Echo. Leroy is currently head of consumer activities at the operator, in which the state holds a 53.5% stake. Previous CEO Didier Bellens got his marching orders in November after repeatedly criticizing Belgium's federal and regional authorities. (See Euronews: Belgacom CEO for the High Jump.)

  • UK mobile operators EE and Vodafone Group plc (NYSE: VOD) have signed a 10-year deal to offer mobile services in the UK-to-France section of the Channel Tunnel, reports the Daily Telegraph. The other two main UK mobile players, Telefónica UK Ltd. (O2) and 3 , may get in on the act at a later date.

  • Pace plc , the British set-top box maker, has sent its shares northwards by around 5% in early London trading following its announcement that its full-year earnings would rise at least 20% to around US$190 million, reports Reuters. In November, Pace added Mediacom Communications Corp. to its roster of US cable operator clients, and it has just completed the acquisition of networking equipment vendor Aurora Networks. (See Pace Notches Mediacom Win and Pace Picks Up Speed.)

  • Following the establishment of a point of presence (PoP) in Etisalat 's Fujairah-based SmartHub facility, data transport and managed exchange service provider Epsilon Telecommunications has set up a commercial office in Dubai to meet the "growing demand for IPX-based services and outsourced local access networks." (See Bandwidth Trading Is Back! and Epsilon Deploys More BTI Gear.)

  • A local operator, Swan, is to provide some competition for the three established players -- Orange, Slovak Telecom , and Telefónica Czech Republic A.S. -- in the Slovak mobile market after winning 4G spectrum in the country's most recent auction, reports Reuters.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

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    albreznick
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    albreznick,
    User Rank: Blogger
    1/9/2014 | 7:52:07 PM
    Picking up Pace
    Guess we missed our chance to invest cheaply in Pace shares, Paul. Not that we would do a thing like that. They placed the Wall Street expectation game very well today. Will be interesting to see the stock market's reaction when the actual 2013 earnings report comes out in March.   
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