Following disappointment in the most recent auction of mobile spectrum in Norway, Tele2 AB (Nasdaq: TLTO) has decided to sell its Norwegian unit to rival Telia Company for SEK 5.1 billion (US$744 million). Bengt Nordstrom, an analyst with Northstream , has some strong words on the matter: "This is the predictable result of a pretty miserable and failed spectrum licencing process, which has resulted in pretty dramatic consolidation," he says in a statement emailed to Light Reading. "Norway now essentially has two strong operators, plus a very small outfit with lots of spectrum, little infrastructure and few customers. It seems like a good deal for TeliaSonera, and Tele2 shareholders will get decent returns. But it's a timely reminder for the mobile industry that poor regulatory decisions can create uncertainty that makes a mockery of huge infrastructure investments." Ouch.
Telefónica SA (NYSE: TEF) is continuing to widen its pay-TV interests by agreeing to acquire an 11.1% stake in the pay-TV business of Italy's Mediaset for €100 million ($136 million), reports Reuters. Earlier this month Telefónica bought Mediaset Spain's 22% stake in pay-TV firm Digital+, which Telefónica acquired for €750 million ($1.02 billion) in May.
Russia's legislature has gone part-way towards passing a law requiring Internet firms to store Russian citizens' personal data on servers that are actually within the country's borders, reports the BBC. Some fear that, if passed by the higher chamber and President Putin, the law will be used as an excuse to crack down on social networks, which have been used to spread anti-Putin protests.
Enterprise M3 Local Enterprise Partnership (LEP), a consortium of business, public and not-for-profit organizations in the south of the UK, has secured £5 million ($8.6 million) in central Government funding to support the developments ongoing at the University of Surrey’s 5G Innovation Centre. The University started its 5G work in 2012. (See UK Enterprise Partnership Secures 5G Funding and UK Kicks Off 5G R&D.)
The UK government is launching a £90 million ($154 million) scheme to provide faster WiFi on trains across England and Wales, reports the BBC. It is proposed that part of the funding will come from a large fine that has been imposed on Network Rail, the body that takes care of the track and signaling across Britain's railway network.
Light Reading is spending much of this year digging into the details of how automation technology will impact the comms market, but let's take a moment to also look at how automation is set to overturn the current world order by the middle of the century.
Understanding the full experience of women in technology requires starting at the collegiate level (or sooner) and studying the technologies women are involved with, company cultures they're part of and personal experiences of individuals.
During this WiC radio show, we will talk with Nicole Engelbert, the director of Research & Analysis for Ovum Technology and a 23-year telecom industry veteran, about her experiences and perspectives on women in tech. Engelbert covers infrastructure, applications and industries for Ovum, but she is also involved in the research firm's higher education team and has helped colleges and universities globally leverage technology as a strategy for improving recruitment, retention and graduation performance.
She will share her unique insight into the collegiate level, where women pursuing engineering and STEM-related degrees is dwindling. Engelbert will also reveal new, original Ovum research on the topics of artificial intelligence, the Internet of Things, security and augmented reality, as well as discuss what each of those technologies might mean for women in our field. As always, we'll also leave plenty of time to answer all your questions live on the air and chat board.