& 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 Interviews
    Heavy Reading: The Web-Scale View

    1|18|17   |     |   (0) comments


    At Light Reading's 2020 Vision Executive Summit in Rome, Heavy Reading's former chief analyst Patrick Donegan shared insight from the recent web-scale operators report, which featured research on how web-scale operators view the market, the best web-scale companies to ...
    LRTV Custom TV
    Cisco's Cloud Scale Networking: Automation, Virtualization & Simplification

    1|18|17   |     |   (0) comments


    Cisco's Sanjeev Mervana outlines the latest innovations in networking technology at CES 2017 in Las Vegas.
    LRTV Custom TV
    ADVA Talks Innovation & the Future of Networking

    1|17|17   |     |   (0) comments


    Ray Le Maistre and Christoph Glingener, CTO of ADVA Optical Networking, discuss the current state of the industry, cooperation and collaboration, open innovation and the future of networking.
    LRTV Custom TV
    Cisco's Infinite Video Platform

    1|17|17   |     |   (0) comments


    Cisco's Infinite Video Platform allows service providers to deliver broadcast-quality video over IP networks. Infinite video supports many devices, from 4K TVs to tablets to game consoles. Join Cisco's Rajeev Raman for a brief tour and live demo.
    LRTV Interviews
    Masergy: Ability to Adapt Key for NFV

    1|16|17   |   6:40   |   (0) comments


    Speaking at Light Reading's 2020 Vision in Rome, Masergy's VP, Global Technology, Ray Watson, said agility is key to providing the mix and match NFV-based services that are driving business for the managed service provider today.
    LRTV Interviews
    Equinix: The Data Explosion

    1|13|17   |   4:16   |   (0) comments


    At Light Reading's 2020 Vision in Rome, Eric Schwartz, president of EMEA, Equinix, talked about how Equinix is helping its customers manage the influx of data today, and how it's preparing for a future filled with millions of connected IoT devices.
    LRTV Interviews
    Heavy Reading: The Changing Data Center Landscape

    1|12|17   |   6:05   |   (1) comment


    At Light Reading's 2020 Vision event in Rome, Heavy Reading's Senior Analyst Roz Roseboro talks about how virtualization is impacting data center evolution and how that evolution is affecting the relationship between service providers, data center operators and public cloud providers.
    LRTV Interviews
    Boingo: Prepping for Millions of Devices

    1|12|17   |   5:07   |   (2) comments


    At Light Reading's 2020 Vision in Rome, Boingo's CTO Derek Peterson discusses how wireless operators will address the needs of low-bandwidth and high-bandwidth apps at the same time, the need for more MHz, the impact of IoT and more.
    LRTV Interviews
    Comcast Shows Off Gig Gateway at CES

    1|11|17   |     |   (1) comment


    With its largest presence at CES in years, Comcast took the wraps off its long-awaited gigabit gateway and a new platform for managing the home WiFi network. Light Reading Senior Editor Mari Silbey sat down with EVP Chris Satchell to discuss the latest Comcast advance, and met with VP of Product Strategy and Development Andrea Peiro to walk through a demo of the ...
    LRTV Interviews
    Colt: End-to-End Key for 2017

    1|10|17   |   6:21   |   (0) comments


    At Light Reading's 2020 Vision Executive Summit in Rome, Nico Fischbach of Colt said having a multi-carrier, end-to-end service proposition is going to be key for 2017 -- and SD-WAN is instrumental in making it happen.
    From the Founder
    Cisco's Clemson on Mobile Cloud Video

    1|9|17   |     |   (2) comments


    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. "If you think about where we're going… whether it's a mobile application, or a video ...
    LRTV Custom TV
    VMware Telco NFV Solutions – Preparing for 5G & IOT

    1|9|17   |     |   (0) comments


    Shekar Ayyar, EVP & Corporate Strategy/General Manager of Telco for VMware, discusses VMware's Telco NFV solutions role and foundation for the Imminent Arrival of 5G & IOT.
    Upcoming Live Events
    March 21-22, 2017, The Curtis Hotel, Denver, CO
    May 15-17, 2017, Austin Convention Center, Austin, TX
    All Upcoming Live Events
    Infographics
    Hot Topics
    A Women in Comms Glossary
    Sarah Thomas, Director, Women in Comms, 1/18/2017
    Is Cable One Beefing Up for Slaughter?
    Alan Breznick, Cable/Video Practice Leader, Light Reading, 1/20/2017
    Nokia CTO: 2017 Is the Year 5G Gets in the Field
    Dan Jones, Mobile Editor, 1/19/2017
    TV's Paradox: No HDR Without 4K
    Mari Silbey, Senior Editor, Cable/Video, 1/17/2017
    Qualcomm Study Predicts 5G Will Create 22M Jobs by 2035
    Dan Jones, Mobile Editor, 1/17/2017
    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
    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.