Light Reading
In today's EMEA roundup: Vendor finds milker-in-chief for patents cash cow; tough times at Telecom Italia; costs slashed at Greece's OTE

Euronews: AlcaLu Looks to Profit from Patents

Paul Rainford
11/9/2012
50%
50%

Alcatel-Lucent (NYSE: ALU), Telecom Italia SpA (NYSE: TI) and OTE S.A. proffer something for the weekend in Friday's grab-bag of EMEA headlines.

  • Alcatel-Lucent has created a new business unit dedicated to making money out of the vendor's massive patents portfolio. The unit will be led by Craig Thompson, an experienced lawyer who is leaving his role as vice president of legal and intellectual property affairs at Nokia Corp. (NYSE: NOK) to take up his new challenge. The move forms part of AlcaLu's wider rejuvenation strategy, dubbed The Performance Program, which was announced in September. (See Alcatel-Lucent Sharpens Its Focus and Euronews: AlcaLu Needs to Shed 10,000 More.)

  • Tough economic conditions on its home soil were largely responsible for a 3 percent year-on-year drop in nine-month EBITDA (earnings before interest, tax, depreciation and amortization) at Telecom Italia, down to €8.86 billion (US$11.26 billion).

  • In strife-torn Greece, no-holds-barred cost-cutting saw incumbent OTE post a year-on-year 4 percent increase in third-quarter net income, despite revenues slumping by more than 10 percent to €1.17 billion ($1.48 billion). Personnel expenses were down a chunky 9.9 percent on the year-ago period.

  • The soaraway success of Safaricom Ltd. 's mobile money transfer service was key to the Kenyan operator's 113 percent leap in pre-tax profits to 11.5 billion shillings ($134.66 million), according to Reuters. Safaricom is 40 percent owned by U.K.-based Vodafone Group plc (NYSE: VOD).

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (0)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View
    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 Documentaries
    The Rise of Virtual CPE

    1|27|15   |   01:38   |   (1) comment


    As NFV strategies evolve from tests and trials to production telco networks, expect to hear a lot about virtual CPE (customer premises equipment) rollouts during 2015.
    LRTV Documentaries
    Optical Is Hot in 2015

    1|23|15   |   01:56   |   (2) comments


    Optical comms technology underpins the whole communications sector and there are some really hot trends set for 2015.
    LRTV Custom TV
    Policy Control in the Fast Lane

    1|22|15   |   2:57   |   (0) comments


    What's making policy control strategic in 2015 and beyond? Amdocs talks with Heavy Reading's Graham Finnie about the key factors driving change in the data services landscape. Find out what his policy management research reveals about the road ahead for policy control – and sign up for
    LRTV Documentaries
    Highlights From the 2020 Vision Executive Summit

    1|21|15   |   4:33   |   (2) comments


    In December 2014, Light Reading brought together telecom executives in Reykjavik, Iceland to discuss their vision for high-capacity networks through the end of the decade. The intimate, interactive meeting was set against the backdrop of Iceland's spectacular natural beauty. As one of the event's founding sponsors, Cisco's Doug Webster shared his company's ...
    LRTV Huawei Video Resource Center
    Huawei Pay-TV Partner Harmonic, Helping Carriers Accelerate 4K Video Deployment with Huawei

    1|20|15   |   5:42   |   (1) comment


    At IBC, Peter Alexander, Senior Vice President & CMO at Harmonic, speaks about the growing interest in pay-TV service and its branching into multiple devices.
    LRTV Huawei Video Resource Center
    Sony Marketing Director Olivier Bovis Discusses the Outlook for 4K and Cooperation With Huawei at IBC 2014

    1|20|15   |   6:50   |   (0) comments


    At IBC, Olivier Bovis, Marketing Director of Sony, speaks about the coming of the 4K era.
    LRTV Huawei Video Resource Center
    Huawei Pay-TV Partner Envivio, Helping Carriers Accelerate 4K Video Deployment

    1|20|15   |   2:57   |   (0) comments


    At IBC, Olivier Bovis, Marketing Director of Sony, speaks about the coming of the 4K era.
    LRTV Huawei Video Resource Center
    Pay-TV's Networked Future

    1|20|15   |   6:29   |   (0) comments


    At IBC, Jeff Heynen, Principal Analyst at Infonetics, speaks about the future of the pay-TV industry and its transition.
    LRTV Huawei Video Resource Center
    Jeff Heynen: Distributed Access Will Help MSOs Compete in the Future

    1|20|15   |   2:26   |   (0) comments


    At IBC, Jeff Heynen, Principal Analyst at Infonetics, speaks about moving to distributed access and the future trend of cable business.
    LRTV Interviews
    Cisco Talks Transformation

    1|20|15   |   13:02   |   (0) comments


    In December 2014, Steve Saunders sat down with Cisco VP of Products & Solutions Marketing Doug Webster at Light Reading's 2020 Vision executive summit in Reykjavik, Iceland. They spoke about Cisco's approach to network virtualization as well as how service providers can begin to monetize high-capacity networks through the end of the decade.
    LRTV Interviews
    Bob Wilson, Arsenal Legend: The Light Reading Interview

    1|16|15   |   35:36   |   (3) comments


    Arsenal goalkeeping legend Bob Wilson was Light Reading's guest interviewee at the 2020 Vision Executive Summit in December. See what the former soccer star and sports broadcaster had to say when he took to the stage in Iceland.
    LRTV Custom TV
    What MEF Third Network Initiative Means for SDN & NFV

    1|14|15   |   6:13   |   (0) comments


    Vitesse Semiconductor CTO Martin Nuss discusses the importance of the MEF Third Network initiative and why it's good news for SDN/NFV industry initiatives.
    Upcoming Live Events
    February 5, 2015, Washington, DC
    February 19, 2015, The Fairmont San Jose, San Jose, CA
    March 17, 2015, The Cable Center, Denver, CO
    April 14, 2015, The Westin Times Square, New York City, NY
    May 12, 2015, Grand Hyatt, Denver, CO
    May 13-14, 2015, The Westin Peachtree, Atlanta, GA
    June 8, 2015, Chicago, IL
    June 9-10, 2015, Chicago, IL
    June 9, 2015, Chicago, IL
    September 9-10, 2015, The Westin Galleria Dallas, Dallas, TX
    September 29-30, 2015, The Westin Grand Müchen, Munich, Germany
    November 11-12, 2015, The Westin Peachtree Plaza, Atlanta, GA
    December 1, 2015, The Westin Times Square, New York City
    December 2-3, 2015, The Westin Times Square, New York City
    Infographics
    Hot Topics
    BlackBerry Wants Net Neutrality Protection – That's Just Sad
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 1/22/2015
    Verizon Ready for Google MVNO Challenge
    Dan Jones, Mobile Editor, 1/22/2015
    FiOS Picks Up Pace Again
    Alan Breznick, Cable/Video Practice Leader, 1/22/2015
    Indiana Carrier Takes Fiber to the Farm
    Jason Meyers, Senior Editor, Gigabit Cities/IoT, 1/22/2015
    The New Internet Space Race: Google's Final Frontier?
    Dan Jones, Mobile Editor, 1/21/2015
    Like Us on Facebook
    Twitter Feed
    Webinar Archive