& cplSiteName &

Euronews: EU Bigwigs Push Back Kroes Plan

Paul Rainford
10/25/2013
50%
50%

Also in today's EMEA roundup: Technicolor shares dip; Belgacom up against it; Cisco wins in Saudi; UK's unconnected roads.

  • In what is bound to be seen as a blow to the plans long championed by the European Commission 's vice president for the Digital Agenda, Neelie Kroes, EU heads of state have agreed to push back the deadline for adopting new laws relating to data protection and the overhaul of the European telecom industry, reports Dow Jones. The proposed changes won't now kick in until 2015, as opposed to next year, which was the original target. (See Continental Shift and Euronews: 'Single Market' Plan Rolls Into Action.)

  • Times are still tough for French home gateway and set-top box vendor Technicolor (Euronext Paris: TCH; NYSE: TCH), which saw its share price dip more than 6 percent Friday morning following the publication of its third quarter financials. Revenues from its existing lines of business are down 4.4 percent to €881 million (US$1.2 billion), though its Connected Home division, which generated revenues of €361 million ($499 million) in the third quarter, is doing well, having reported its sixth consecutive quarter of year-on-year sales growth. For more details, see this press release.

  • As if Belgacom SA (Euronext: BELG) didn't have enough to worry about with all the ongoing data-spying shenanigans, it has now posted third-quarter financials that show its EBITDA (earnings before interest, tax, depreciation and amortization) is down 7.7 percent to €428 million ($590 million) on revenues that were down 3.2 percent to €1.56 billion ($2.15 billion). (See Euronews: Belgacom Spy Plot Thickens and Euronews: Who Hacked Belgacom?.)

  • Saudi Telecom Co. (STC) has awarded Cisco Systems Inc. a deal to provide it with CRS-X routers and the vendor's Hosted Collaboration Solution (HCS) for the development of managed unified communications services. For more, see this Arab News report.

  • Telefónica SA (NYSE: TEF)'s plan to gradually gain greater control over Telecom Italia SpA (NYSE: TI) via the Telco investment vehicle could be affected by proposed new legislation that would introduce a lower threshold for obligatory takeover bids, reports Reuters.

  • A new report from UK regulator Ofcom reveals that although "superfast" fixed broadband now reaches 73 percent of UK premises, mobile broadband coverage on many major roads is decidedly patchy, with 9 percent of the road network having no 3G coverage at all, let alone 4G.

  • Will Apple Inc. (Nasdaq: AAPL) ever make it big in Russia? Not unless they can make their iPhones cheaper. That's the verdict of one analyst cited on Bloomberg, in a report that points out that the Russian price (around $800) of Apple's latest model, the 5c, is equivalent to the average monthly wage there.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (2)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    albreznick
    50%
    50%
    albreznick,
    User Rank: Blogger
    10/27/2013 | 8:50:22 PM
    Technicolor results
    Interesting to see Technicolor's overall revenues go down when its Connected Home division did gairly well. What's dragging ther company down, Paul? Is it a temporary thing or more long-term? 
    DOShea
    50%
    50%
    DOShea,
    User Rank: Blogger
    10/25/2013 | 10:32:39 PM
    EU deadlines
    I wonder how many more delays we'll see of this plan. Will it always be an ambitious idea that needs a little more time to get right?
    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
    CommScope – Meeting the Demands of Tomorrow's Networks

    3|24|17   |     |   (0) comments


    Phil Sorksy, Vice President International at CommScope, discusses addressing the challenges faced by service providers today, and as future trends emerge.
    LRTV Huawei Video Resource Center
    AMS-IX & Huawei's OSN 902

    3|24|17   |     |   (0) comments


    Huawei shows how its OSN 902 platform helps the Amsterdam Internet exchange to connect the world using multiplexing.
    LRTV Huawei Video Resource Center
    Huawei's Smart Energy Innovation Center

    3|24|17   |     |   (0) comments


    In Nuremberg, Huawei showcases its latest capabilities in the digitalization of Internet resources, network infrastructure and intelligence at its Smart Energy Innovation Center.
    Valley Wonk
    OFC & Hyperscale: A Good Mix?

    3|24|17   |   01:50   |   (0) comments


    Cloud and telecom players want different types of equipment for their networks, as the chatter at OFC reveals.
    LRTV Custom TV
    Etisalat on NFV Journey

    3|24|17   |   10:37   |   (0) comments


    Etisalat is a service provider that prides itself on bringing innovative technologies to the markets it serves. It was one of the first operators to implement 3G and leads the pack in fiber penetration. Now, Esmaeel Al Hammadi, Etisalat's SVP of Network Development, explains the operator's journey to virtualization, beginning with the network core, as well as the ...
    LRTV Huawei Video Resource Center
    Huawei at CeBIT 2017: Day 3

    3|22|17   |     |   (0) comments


    Light Reading reports from CeBIT 2017 in Germany, where Huawei is exhibiting on the application of technologies and key business verticals such as transportation, smart city, manufacturing, media and finance.
    LRTV Documentaries
    No Regrets: Cox's Finkelstein on Fiber & More

    3|22|17   |     |   (0) comments


    At the Cable Next-Gen Technologies & Strategies event in Denver, Cox's Jeff Finkelstein examines the cable capex conundrum.
    LRTV Documentaries
    Cable Next-Gen: The 'Mile High' View From Denver

    3|22|17   |   11:56   |   (0) comments


    Alan Breznick kicks off the Cable Next-Gen Technologies & Strategies event in Denver, casting his thousand-yard stare over cable's current competitive landscape.
    LRTV Huawei Video Resource Center
    Huawei at CeBIT 2017: Day 2

    3|21|17   |   2:27   |   (0) comments


    Light Reading reports from CeBIT 2017 in Germany, where Huawei is exhibiting digital transformation solutions around IoT, smart data centers, OpenCloud ecosystem and its newly announced storage-as-a-service solution.
    LRTV Custom TV
    Driving Better Mobile Customer Experience While Transforming the Mobile Network

    3|21|17   |   7:47   |   (0) comments


    The Citrix NetScaler mobile gateway is an intelligent traffic management solution which can markedly improve the customer experience provided by mobile operators, even when traffic is encrypted. Critical network services can be consolidated and virtualized using NetScaler. Because of the unique architecture, NetScaler can be deployed on any hypervisor, on a ...
    LRTV Custom TV
    Mastercard: What's Next for Mobile Payments?

    3|21|17   |   7:49   |   (0) comments


    2017 marks the fifth consecutive year for Mastercard at Mobile World Congress and it was a great time to reflect on the amazing advances the payments industry has made as well as discuss "What's Next' in the digital commerce future. We spoke to James Anderson, executive vice president of digital payments at MasterCard, about digital wallets to tokenization to ...
    LRTV Custom TV
    Mastercard: 2 Billion Adults 'Trapped' in Cash Economy

    3|21|17   |   03:51   |   (1) comment


    Despite advances made in the last several years, two billion adults around the world are trapped in a cash economy and lack what we take for granted -- a safe way to receive, save and use money. Shamina Singh, executive vice president of sustainability and president of the Mastercard Center for Inclusive Growth, chats about how Mastercard is developing new ways to ...
    Upcoming Live Events
    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
    High-Band 5G: Let's Address the Range Question, Shall We?
    Dan Jones, Mobile Editor, 3/21/2017
    Eurobites: A1, Nokia Turn It Up to 11
    Paul Rainford, Assistant Editor, Europe, 3/22/2017
    FTTH No Slam Dunk for Cable
    Carol Wilson, Editor-at-large, 3/23/2017
    Top Priorities for B/OSS Transformation
    James Crawshaw, Senior Analyst – OSS/BSS Transformation, Heavy Reading, 3/20/2017
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    TEOCO Founder and CEO Atul Jain talks to Light Reading Founder and CEO Steve Saunders about the challenges around cost control and service monetization in the mobile and IoT sectors.
    At MWC 2017, Qualcomm's CTO Matt Grob talks to Light Reading's CEO and Founder Steve Saunders about the progress being made in the development of the technologies and standards that will underpin 5G.
    Animals with Phones
    Neither Do We Click Here
    Is that a prerequisite?
    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.