& cplSiteName &

Eurobites: Transmode to Cut Jobs

Paul Rainford
8/26/2014
50%
50%

Also in today's EMEA regional roundup: AT&T/Vodafone rumor returns; Swisscom offers WiFi option for mobile; Huawei's small cells in Iceland.

  • Transmode Systems AB , the Swedish optical and Carrier Ethernet vendor, has announced a cost-cutting program that could see the loss of up to 30 jobs. The vendor is hoping to shave 40 million Swedish kroner (US$5.7 million) off its cost base over the course of the year, though it estimates that it will cost SEK10 million ($1.4 million) to implement the program. Last month, Transmode posted second-quarter profits that had more than halved year-on-year to SEK19.1 million ($2.8 million) on sales that were down 14.8% to SEK250 million ($36.6 million).

  • The summer rumor mill is grinding away nicely, with the Seeking Alpha website passing on word that AT&T Inc. (NYSE: T)'s advisers are hard at work on preparing a new bid for Vodafone Group plc (NYSE: VOD) that values the UK-based mobile giant at around $130 billion. The six-month prohibition on the US carrier bidding for Vodafone expired last month, prompting renewed speculation. In January AT&T responded to speculation by saying it had no immediate plans to buy Vodafone. (See Euronews: AT&T Nixes Vodafone Bid Plan .)

  • The battle to offer enhanced indoor connectivity continues... Swisscom AG (NYSE: SCM) is pushing a technology it calls "WLAN Interworking," which allows its mobile customers to automatically switch to their home WiFi for a voice connection if that offers better reception than a cellular connection. The operator says the first smartphones supporting the new technology will be launched during the coming months. (See Swisscom Intros WLAN Interworking.)

  • Icelandic mobile operator NOVA has chosen Huawei Technologies Co. Ltd. to deploy what the vendor says is the first instance of its LampSite small cell solution in a stadium setting. LampSite, which supports supports multi-band, multimode, carrier aggregation and MIMO technologies, was switched on at the Korinn Stadium, near Reykjavik, for a concert by teen heart-throb warbler Justin Timberlake. (See Huawei's LampSite Deployed in Iceland.)

  • Nokia Networks has completed its acquisition of SAC Wireless, the Schaumburg, Illinois-based indoor wireless specialist. (See Nokia Closes on SAC Buy.)

  • Gemalto , the Dutch digital security vendor, has landed an NFC (near-field communications) deal with Japan's NTT DoCoMo Inc. (NYSE: DCM), covering such areas as mobile payments, loyalty programs, e-ticketing and access control. Japan, apparently, has the world's largest contactless infrastructure.

  • Norway has postponed indefinitely a spectrum auction that was supposed to have taken place in January 2015, reports Reuters. Telia Company 's proposed acquisition of Tele2 AB (Nasdaq: TLTO)'s Norwegian arm has been cited as the reason for the decision.

  • South Africa's MTN Group Ltd. is planning to lay off around 850 managerial staff, according to a Reuters report. The operator has been facing fierce competition domestically from the likes of Vodacom Pty. Ltd. and Cell C .

    Paul Rainford, Assistant Editor, Europe, Light Reading

    (1)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    Ray@LR
    50%
    50%
    Ray@LR,
    User Rank: Blogger
    8/26/2014 | 10:23:20 AM
    The perils of being public
    One of the things about being a public company is that there's very little wiggle room when it comes to keeping costs under control -- that's a tough decision for Transmode.
    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
    'Brutal' Automation & the Looming Workforce Cull
    Iain Morris, News Editor, 10/18/2017
    Pai's FCC Raises Alarms at Competitive Carriers
    Carol Wilson, Editor-at-large, 10/16/2017
    Worried About Bandwidth for 4K? Here Comes 8K!
    Aditya Kishore, Practice Leader, Video Transformation, Telco Transformation, 10/17/2017
    Animals with Phones
    Selfie Game Strong Click Here
    Latest Comment
    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
    Partner Perspectives - content from our sponsors
    The Mobile Broadband Road Ahead
    By Kevin Taylor, for Huawei
    All Partner Perspectives