& 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 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.
    Flash Poll
    Upcoming Live Events
    November 1, 2017, The Royal Garden Hotel
    November 1, 2017, The Montcalm Marble Arch
    November 2, 2017, 8 Northumberland Avenue, London, UK
    November 2, 2017, 8 Northumberland Avenue – London
    November 10, 2017, The Westin Times Square, New York, NY
    November 16, 2017, ExCel Centre, London
    November 30, 2017, The Westin Times Square
    May 14-17, 2018, Austin Convention Center
    All Upcoming Live Events
    Infographics
    With the mobile ecosystem becoming increasingly vulnerable to security threats, AdaptiveMobile has laid out some of the key considerations for the wireless community.
    Hot Topics
    Muni Policies Stymie Edge Computing
    Carol Wilson, Editor-at-large, 10/17/2017
    Is US Lurching Back to Monopoly Status?
    Carol Wilson, Editor-at-large, 10/16/2017
    Pai's FCC Raises Alarms at Competitive Carriers
    Carol Wilson, Editor-at-large, 10/16/2017
    'Brutal' Automation & the Looming Workforce Cull
    Iain Morris, News Editor, 10/18/2017
    Worried About Bandwidth for 4K? Here Comes 8K!
    Aditya Kishore, Practice Leader, Video Transformation, Telco Transformation, 10/17/2017
    Animals with Phones
    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