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 TeliaSonera AB (Nasdaq: TLSN) 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.
Technology industry veteran Martin Lund joins Metaswitch Networks this week as the company's new CEO. In this interview, Lund discusses his new role and the industry's progress with Light Reading CEO Steve Saunders. Lund believes that the industry disruption caused by SDN and NFV is creating opportunities for companies like Metaswitch – network software providers ...
Nominum CEO Gary Messiana talks about the challenges service providers face in competing for a much more sophisticated customer, a customer that has heightened expectations for more personalized and compelling digital experiences. Providers are focusing their efforts on delivering higher value subscriber services, retaining their existing customers and increasing ...
Equinix CTO Ihab Tarazi talks to Light Reading founder and CEO Steve Saunders about the dramatic changes in the data center, cloud and interconnect markets and discusses the impact of SDN and NFV in the coming years.
Andrew Coward discusses what the New IP means to end users or enterprise customers. He explains compelling reasons, including how every customer can get their own network, from the transformation to the New IP.
Mukund Srigopal provides an explanation of what network visibility is and how it is essential as service providers transition to the New IP. In addition, the importance of the network packet broker is discussed.
Ali Kafel from Stratus Technologies addresses high-availability concerns within the telco industry with a solution that enables telcos to provide high-availability and stateful fault-tolerance using a software-based approach.
Intel's Bev Crair and IBM's Eric Herzog discuss how IBM's V9000 Flash Storage System has helped customers around the world. Featuring real-time compression powered by Intel QuickAssist Technology, the V9000 is a next-gen flash storage solution.
Saran Phaloprakarn, Senior VP of Fixed Broadband Business Management of Thailand's AIS, was a keynote speaker at the first Asia-Pacific Ultra Broadband Summit in Bangkok. In this video, he talks to Heavy Reading about transforming into an FMC (FBB+MBB+Content) operator.
Technology industry veteran Martin Lund joins Metaswitch Networks this week as the company's new CEO. In this interview, Lund discusses his new role and the industry's progress with Light Reading CEO Steve Saunders. Lund believes that the industry disruption caused by SDN and NFV is creating opportunities for companies like Metaswitch – network software providers with the agility to embrace new technologies quickly and the ability to deliver on substantial projects for global network operators.