Euronews: Prism a Wake-up Call, Says DT
Also in today's EMEA regional roundup: Vodafone cuts German jobs; VimpelCom shares slump; Samsung's standalone stores plan.
Also in today's EMEA regional roundup: Vodafone cuts German jobs; VimpelCom shares slump; Samsung's standalone stores plan.
Deutsche Telekom AG (NYSE: DT) is looking to accentuate the positive in the wake of the Edward Snowden revelations. In a new report, "Data Privacy and Data Security," the operator, which has been mooting the idea of Germany-only email systems and a Schengen Area Internet, describes the Snowden revelations as "a wake-up call, a thunderbolt, an earthquake," and calls the scandal a "starting point for a positive development." (See Prism in a Big Data World.)
You can't keep Vodafone Group plc (NYSE: VOD) out of Euronews this week. Today's helping sees the mobile giant announcing up to 600 redundancies in Germany, reports Reuters, as competition there really begins to bite. On a more positive note, the operator has landed a five-year unified communications deal with the UK's Premier Foods, manufacturer of all-conquering and E-number-enriched brands such as Bisto and Mr Kipling.
It's proving a chilly winter for Russia's VimpelCom Ltd. (NYSE: VIP), which has seen its shares drop 13% to $10.14, reports Bloomberg, following disappointing third-quarter revenues and earnings. The operator is still saddled with $27.6 billion of gross debt following a series of acquisitions.
Samsung Corp. has done a deal with the British mobile retailer Carphone Warehouse Group plc (London: CPW) (company motto: "We don't sell carphones, and we don't operate out of warehouses") under the terms of which the retailer will run more than 60 standalone Samsung stores across Europe, reports Retail Week.
Ericsson AB (Nasdaq: ERIC) is renewing its broadcast services deal with France 24 for another five years. The contract includes round-the-clock operations management and the integration of new kit, not least HD systems, for five studios to improve the broadcaster's quality of service.
Orange (NYSE: FTE) has launched an online service that allows people to remotely top up the credit of someone else's phone in more than 100 countries. The service, Orange Top-Up, is aimed at migrant communities or those who are looking for an easy way to send mobile credit to their faraway and impecunious loved ones. See this press release for more details.
— Paul Rainford, Assistant Editor, Europe, Light Reading
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