& 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.
    From The Founder
    Cisco's Conrad Clemson, recently promoted to head up the company's Service Provider Apps & Platforms developments, talks to Light Reading's Founder and CEO Steve Saunders about how he's bringing cloud video, mobile and virtualization together to empower network operators.
    Flash Poll
    Live Streaming Video
    Charting the CSP's Future
    Six different communications service providers join to debate their visions of the future CSP, following a landmark presentation from AT&T on its massive virtualization efforts and a look back on where the telecom industry has been and where it's going from two industry veterans.
    LRTV Custom TV
    4.5G Evolution: Peter Zhou on Advanced MIMO Technologies & 5G Business Prep

    2|25|17   |     |   (0) comments


    In the process of service transformation, operators need to catch three major opportunities and start deploying in 4.5G networks, such as video, household broadband access and digital transformation of vertical industries. 5G is coming. Operators don't need to wait for it to happen but should progressively deploy 4.5G networks by introducing 5G-oriented ...
    LRTV Custom TV
    What WTTX Can Deliver

    2|23|17   |     |   (0) comments


    Mohamed Madkour explains the benefits of WTTX while Dimitris Mavrakis discusses the challenges of delivering home broadband access.
    LRTV Custom TV
    Huawei on Mobile Broadband

    2|23|17   |     |   (0) comments


    Mohamed Madkour shares his vision on MBB for the next three years.
    LRTV Custom TV
    Analysys Mason Talks About the Future of Digital Operations

    2|23|17   |     |   (0) comments


    The future of digital operations has three key aspects: 1. Highly automated operations for both service and network; 2. Highly converged BSS/OSS for business and resources; 3. Highly merged management and control for real-time cloud native operations.
    LRTV Interviews
    Software Trends in the Telecom Sector

    2|23|17   |   03:40   |   (0) comments


    Heavy Reading senior analyst James Crawshaw talks with Telecoms.com Editorial Director Scott Bicheno about trends and developments in the telecoms software sector and what to expect at MWC 2017.
    LRTV Custom TV
    Huawei's Pre-MWC Analyst Briefing 2017 Highlights

    2|22|17   |     |   (0) comments


    Huawei shares its vision for this year's MWC.
    LRTV Interviews
    MWC17: 5G, Cloud RAN & More

    2|21|17   |   04:35   |   (0) comments


    Ovum Senior Analyst Julian Bright talks to Scott Bicheno from Telecoms.com about all things MWC, including Cloud RAN, Huawei's pitch to the industry and the road to 5G.
    LRTV Interviews
    MWC 2017's Key 2-Letter Terms

    2|20|17   |   08:29   |   (1) comment


    5G, AI, VR... these are just some of the two-letter terms that will dominate show-floor chat at MWC 2017 in Barcelona, according to these two blow-hards (a.k.a. Scott Bicheno of Telecoms.com and Light Reading's Ray Le Maistre). And then there's PB...
    LRTV Interviews
    Key Trends for Mobile Operators in Developing Markets

    2|20|17   |   06:37   |   (0) comments


    Ovum's Matthew Reed talks to Scott Bicheno from Telecoms.com about the challenges and opportunities facing mobile operators in the developing markets of Africa and the Middle East.
    LRTV Documentaries
    YouTube Takes on Facebook Live-Streaming

    2|17|17   |     |   (0) comments


    Popular 'YouTubers' will be the first to get the new service on their smartphones. You have been warned.
    LRTV Custom TV
    Open Source NFV/SDN Automation

    2|17|17   |   05:54   |   (0) comments


    AT&T ECOMP (Enhanced Control, Orchestration, Management and Policy) code is transitioning into the Linux Foundation for placement into open source. In this video, Carol Wilson provides an update on the maturation of open source ECOMP and meets with industry leaders from AT&T, Bell Canada, Orange, Linux Foundation and Amdocs to discuss what this means for the ...
    LRTV Documentaries
    Uber & NASA Collaborate on Flying Car Project

    2|16|17   |     |   (0) comments


    Is Uber for real? Well, it's hired NASA engineer Mark Moore to lead the project, and he wouldn't come cheap.
    Upcoming Live Events
    March 21-22, 2017, The Curtis Hotel, Denver, CO
    March 22, 2017, The Curtis Hotel, Denver, CO
    March 22, 2017, The Curtis Hotel, Denver, CO
    May 15-17, 2017, Austin Convention Center, Austin, TX
    May 15, 2017, Austin Convention Center - Austin, TX
    June 6, 2017, The Joule Hotel, Dallas, TX
    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
    Uber's HR Nightmare: Company Investigates Sexual Harassment Claims
    Sarah Thomas, Director, Women in Comms, 2/21/2017
    Broadband Has a Problem on the Pole
    Mari Silbey, Senior Editor, Cable/Video, 2/21/2017
    Verizon to Start Fixed 5G Customer Trials in April
    Dan Jones, Mobile Editor, 2/22/2017
    Sprint to Go Gigabit Crazy at MWC!
    Dan Jones, Mobile Editor, 2/22/2017
    MANO Marriage: ECOMP, Open-O Converge as ONAP
    Carol Wilson, Editor-at-large, 2/23/2017
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    Light Reading founder and CEO Steve Saunders chats with Sportlogiq CEO Craig Buntin about sports data analysis.
    Eyal Waldman, CEO of Mellanox Technologies, speaks to Steve Saunders, CEO of Light Reading, for an exclusive interview about the 100 GB cable challenge, cybersecurity and much more.
    Animals with Phones
    No One Likes This Click Here
    Take a hint!
    Live Digital Audio

    Playing it safe can only get you so far. Sometimes the biggest bets have the biggest payouts, and that is true in your career as well. For this radio show, Caroline Chan, general manager of the 5G Infrastructure Division of the Network Platform Group at Intel, will share her own personal story of how she successfully took big bets to build a successful career, as well as offer advice on how you can do the same. We’ll cover everything from how to overcome fear and manage risk, how to be prepared for where technology is going in the future and how to structure your career in a way to ensure you keep progressing. Chan, a seasoned telecom veteran and effective risk taker herself, will also leave plenty of time to answer all your questions live on the air.