& cplSiteName &

Euronews: S&P Downgrades AlcaLu

Paul Rainford
8/14/2012
50%
50%

Alcatel-Lucent (NYSE: ALU), Deutsche Telekom AG (NYSE: DT) and Kabel Deutschland GmbH loom large in today's trot through the EMEA telecom headlines.

  • Standard & Poor’s has followed the lead of fellow ratings agency Moody's Investors Service by downgrading Alcatel-Lucent from "stable" to "negative," reports Reuters. S&P cites "carriers' more cautious spending and fierce ongoing competition" as the reasons for its move. (See Euronews: Moody's Has a Downer on AlcaLu.)

  • Deutsche Telekom has teamed up with Wirecard, a financial services provider, to help push forward the implementation of its mobile payment strategy. The German incumbent plans to launch its Mobile Wallet in 2013. (See Mobile Money: What's the End Game? )

  • Kabel Deutschland saw its fiscal first-quarter earnings before interest, tax, depreciation and amortisation (EBITDA) rise 8 percent year-on-year to €209 million (US$258.2 million), on revenues that increased 7.7 percent to €444 million ($549 million). In May, Kabel Deutschland announced it was planning to acquire rival cable operator Tele Columbus AG .

  • The European Commission has been laying down the telecom law on two fronts: First, it has ruled that the Czech regulator must withdraw its plans to include wholesale broadband services based on cable and Wi-Fi platforms in its definition of the wholesale broadband access product market; and, second, the Commission has expressed "serious doubts" about a proposal from the Latvian regulator to apply fixed termination rates that are much higher than those in other member states.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (0)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    Featured Video
    From The Founder
    Light Reading founder Steve Saunders grills Cisco's Roland Acra on how he's bringing automation to life inside the data center.
    Flash Poll
    Upcoming Live Events
    March 20-22, 2018, Denver Marriott Tech Center
    April 4, 2018, The Westin Dallas Downtown, Dallas
    May 14-17, 2018, Austin Convention Center
    All Upcoming Live Events
    Infographics
    SmartNICs aren't just about achieving scale. They also have a major impact in reducing CAPEX and OPEX requirements.
    Hot Topics
    Net Neutrality Is Not a Rational Debate
    Iain Morris, News Editor, 12/4/2017
    The Anatomy of Automation: Q&A With Cisco's Roland Acra
    Steve Saunders, Founder, Light Reading, 12/7/2017
    You Can't Fix OTT Streaming Problems If You Can't See Them
    Mike Hollyman, Head of Consulting Engineering, Nokia Deepfield, 12/8/2017
    Eurobites: Ericsson Restates Its Financials, Warns of Impairment Charges
    Paul Rainford, Assistant Editor, Europe, 12/8/2017
    Animals with Phones
    We're Gonna Need More Treats Click Here
    You spent how much on this thing?!
    Live Digital Audio

    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.

    Like Us on Facebook
    Twitter Feed