Light Reading

Euronews: NSN Spies US Opportunity

Paul Rainford
11/26/2012
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Nokia Networks , Eyeo GmbH and Nokia Corp. (NYSE: NOK) make some noise in today's soundcheck of EMEA headlines.

  • Nokia Siemens Networks is seeking to exploit the political nervousness about Huawei Technologies Co. Ltd. and ZTE Corp. (Shenzhen: 000063; Hong Kong: 0763) by focusing more on new business opportunities in the U.S., says the joint venture's CEO Rajeev Suri in an interview with Bloomberg. (See Euronews: NSN Gives Nokia a Lift and Euronews: NSN Has Huawei in Its Sights.)

  • Eyeo, the German firm specializing in ad-blocking software, is about to cause a major headache for the mobile advertising world by launching an Android version of its AdBlock Plus software, reports the Financial Times (subscription required). (See Mobile Ads Rack Up Cash, Social Status.)

  • Nokia has lost the head of its imaging unit, Damian Dinning, to carmaker Jaguar Land Rover, reports Reuters. Dinning, apparently, wasn't keen on having to move to Finland. Well it is a "topcoat colder" at this time of year, as we say at Euronews Central. The move will be a major blow to Nokia, which is placing an increasing emphasis on its handsets' photography features. (See Nokia Lights Up Windows Phone 8 Devices and Nokia, Carl Zeiss Get Closer for Camera Phones.)

  • Chinese Service Provider Information Technology (SPIT) specialist AsiaInfo Inc. (Nasdaq: ASIA) has added to its European presence with the appointment of Alexander Hawker as corporate vice president and general manager for Europe, the Middle East and Africa (EMEA). Hawker, who will be based in Cambridge, U.K., was previously head of global software sales at NSN and has also worked at Amdocs Ltd. (NYSE: DOX) and Actix Ltd. , where he was CEO. AsiaInfo-Linkage, which generates nearly all its current revenues from China's three main telecom operators, set up in Europe earlier this year as part of its international growth strategy. (See AsiaInfo-Linkage Appoints EMEA Chief, AsiaInfo Reports Q3 Profit of $4.6M, Breaking Into Europe and Look Out Europe….)

  • French mobile operator Bouygues Telecom is selling 2,166 of its masts to Antin Infrastructure, and will take a 15 percent stake in France Pylones Services, the company formed to manage the masts. Bouygues, which is one of a group of operators struggling to compete with cut-price market entrant Free Mobile , will make around €185 million (US$240 million) from the transaction.

  • Bankers are reporting strong interest in the forthcoming initial public offering (IPO) of shares Russian operator MegaFon on the London stock exchange, writes the Sunday Telegraph. Demand from European investors has been particularly high, says the paper.

  • Alvarion Technologies Ltd. (Nasdaq: ALVR), the Israel-based mobile WiMax vendor, is to expand voice and data service reach for operator ETI in the African nation of Guinea Conakry. The pair have been working together for the past four years. (See Alvarion Lands African Deal and Africa's Wireless Gold Rush.)

  • South Africa's Competition Commission wants to increase a 449 million rand ($50 million) fine imposed on operator Telkom SA Ltd. (NYSE/Johannesburg: TKG) for anti-competitive behavior to a more heart-stopping ZAR3.5 billion ($394 million), reports Reuters.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

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    User Rank: Light Beer
    12/5/2012 | 5:17:07 PM
    re: Euronews: NSN Spies US Opportunity


    Where could NSN pick up new business where it couldn't before? Unless it has some amazing new campaign lined up for N AMerica, it's hard to see the vendor market hsare landscape chaging dramatically any time soon...

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