Light Reading
Also in today's EMEA regional news roundup: BT challenges 'margin squeeze' note; eircom considers IPO; European Commission targets mHealth.

Eurobites: Sawiris Eyes Telecom Italia Investment

Paul Rainford
4/14/2014
50%
50%

Also in today's EMEA regional news roundup: BT challenges "margin squeeze" note; eircom considers IPO; European Commission targets mHealth.

  • Egyptian billionaire Naguib Sawiris wants to have another go at investing up to $2 billion in struggling Telecom Italia SpA (NYSE: TI), but only if Telefσnica SA (NYSE: TEF), the biggest shareholder in Telecom Italia, pulls out of the Italian group, reports Reuters, citing Italian newspaper Il Sole 24 Ore. In 2012 Sawiris, with an eye to expanding Telecom Italia's business in Brazil, offered to invest $3.9 billion in the operator, but the bid was rejected. (See Euronews: Telecom Italia Commits to Brazil.)

  • BT Group plc (NYSE: BT; London: BTA) has hit back at a broker's note that helped shave 2% off its share price on Tuesday, reports the Daily Telegraph. The note, from Redburn, had suggested that a potential investigation by regulator Ofcom into BT's wholesale fiber broadband charges could force its Openreach division to cut the monthly wholesale charge by £2 ($3.34). But a BT spokesman described the analysis as "flawed," saying it "understates the revenues and overstates the costs that would be taken into account in any margin squeeze assessment."

  • Irish operator eircom is considering an IPO and has hired bankers Rothschild to look into the matter, according to a Reuters report. Two years ago, groaning under a $5.2 billion debt pile, eircom filed for "examinership" protection from its creditors. (See Lenders to Lean on Eircom and Eurobites: Eircom Joins Vectoring Club.)

  • The European Commission is launching a consultation (stop yawning at the back!) on "mHealth," or healthcare that uses mobile technology. The aim is to find "ways to enhance the health and wellbeing of Europeans with the use of mobile devices." Apparently, there are nearly 100,000 mHealth apps already on the market. Of course, there are some who would argue that getting rid of a few mobile devices might improve our health, but that's another story.

  • South Africa's Vodacom Pty. Ltd. and MTN Group Ltd. are to buy the mobile subscribers of Nashua Mobile, a middleman company which found phone users suitable mobile packages from the country's network operators. Vodacom and MTN will pay 2.26 billion rand ($215 million) for the subscribers who signed up to their networks and services through Nashua.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (5)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View
    mendyk
    50%
    50%
    mendyk,
    User Rank: Light Sabre
    4/15/2014 | 8:51:50 AM
    Re: mZZZZZZZZZZZZZZZZZZZ
    I'm too fond of pints, imperial or otherwise.
    PaulERainford
    50%
    50%
    PaulERainford,
    User Rank: Light Sabre
    4/15/2014 | 4:09:07 AM
    Re: mZZZZZZZZZZZZZZZZZZZ
    Dennis, I can't help feeling you're not totally onboard with the Great European Experiment.
    mendyk
    50%
    50%
    mendyk,
    User Rank: Light Sabre
    4/14/2014 | 3:59:26 PM
    Re: mZZZZZZZZZZZZZZZZZZZ
    The study will take 12 to 18 months to conduct, at a cost of at least 30 million euro. And the main conclusion will be ... further study is required.
    SarahReedy
    50%
    50%
    SarahReedy,
    User Rank: Blogger
    4/14/2014 | 3:44:20 PM
    Re: mZZZZZZZZZZZZZZZZZZZ
    If the 10,000 mHealth apps couldn't answer that question, I'm not sure a Commission will have better luck...at least not if they think apps are the answer.
    mendyk
    0%
    100%
    mendyk,
    User Rank: Light Sabre
    4/14/2014 | 9:26:17 AM
    mZZZZZZZZZZZZZZZZZZZ
    Nice to see the EC bureaucrats are hard at work creating months- (if not years-) long studies into the blatantly obvious.
    Flash Poll
    LRTV Custom TV
    A New Security Paradigm in SDN/NFV

    7|28|14   |   02:54   |   (0) comments


    Paul Shaneck, Global Director Network Solutions for Symantec, discusses the evolving virtualized network, explaining how Symantec is leading the security discussion as it relates to SDN and NFV, and helping to ensure the network is protected and compliant.
    LRTV Documentaries
    Sprint's Network Evolution

    7|24|14   |   14:59   |   (0) comments


    Sprint's Jay Bluhm gives a keynote speech at the Big Telecom Event (BTE) about Sprint's network and services evolution strategy, including Spark.
    LRTV Documentaries
    BTE Keynote: The Software-Defined Operator

    7|24|14   |   18:43   |   (1) comment


    Deutsche Telekom's Axel Clauberg explains the concept of the software-defined operator to the Big Telecom Event (BTE) crowd.
    Light Reedy
    Numbers Are In: LR's 2014 Salary Survey

    7|24|14   |   1:25   |   (7) comments


    Our fourth annual Salary Survey paints a picture of who's hiring, firing, earning, and yearning for a change in the telecom industry.
    LRTV Custom TV
    Driving the Network Transformation

    7|23|14   |   4:29   |   (0) comments


    Intel's Sandra Rivera discusses network transformation and how Intel technologies, programs, and standards body efforts have helped the industry migration to SDN and NFV.
    LRTV Custom TV
    Distributed NFV-Based Business Services by RAD

    7|18|14   |   5:38   |   (0) comments


    With the ETSI-approved Distributed NFV PoC running in the background, RAD's CEO, Dror Bin, talks about why D-NFV makes compelling sense for service providers, and about the dollars and cents RAD is putting behind D-NFV.
    LRTV Custom TV
    MRV – Accelerating Packet Optical Convergence

    7|15|14   |   6:06   |   (0) comments


    Giving you network insight to make your network smarter.
    LRTV Custom TV
    NFV-Enabled Ethernet for Generating New Revenues

    7|15|14   |   5:49   |   (0) comments


    Cyan's Planet Orchestrate allows service providers and their end-customers to activate software-based capabilities such as firewalls and encryption on top of existing Ethernet services in just minutes.
    LRTV Custom TV
    Symkloud NVF-Ready Video Transcoding, Big Data

    7|9|14   |   3:41   |   (0) comments


    Kontron and ISV partner Vantrix demonstrate high-performance video transcoding and data analytic solutions on same 2U standard platform that is ready for SDN and NFV deployments made by mobile, cable and cloud operators.
    LRTV Huawei Video Resource Center
    The Evolving Role of Hybrid Video for Competitive Success

    7|4|14   |   4:09   |   (0) comments


    At Huawei's Global Analysts Summit in Shenzhen, China, Steven C. Hawley from TV Strategies speaks to us about the evolving role of hybrid video for competitive success.
    LRTV Huawei Video Resource Center
    How CSPs Leverage Big Data in the Digital Economy

    7|4|14   |   4:48   |   (2) comments


    Justin van der Lande from Analysys Mason shares with us his views on how telecom operators can leverage customer asset monetization with big data. His discusses the current status of big data applications and the challenges and opportunities for telecom operators in the digital economy era.
    LRTV Huawei Video Resource Center
    Accelerator for Digital Business – Future Oriented BSS

    7|4|14   |   3:08   |   (0) comments


    Mobile and internet are becoming intertwined; IT and CT are integrating; and leading CSPs have begun to transform to information service and entertainment providers. How should the BSS system evolve to enable this transformation? Karl Whitelock, an analyst at Frost & Sullivan, shares his views.
    Upcoming Live Events!!
    September 16, 2014, Santa Clara, CA
    September 16, 2014, Santa Clara, CA
    October 29, 2014, New York City
    November 6, 2014, Santa Clara
    November 11, 2014, Atlanta, GA
    December 9-10, 2014, Reykjavik, Iceland
    June 9-10, 2015, Chicago, IL
    Infographics
    Packet Design asks network professionals how they handle the cloud, SDN, and network management.
    Today's Cartoon
    Vacation Special Caption Competition Click Here
    Latest Comment
    Hot Topics
    The Municipal Menace?
    Jason Meyers, Senior Editor, Utility Communications/IoT, 7/22/2014
    Cisco Puts a Fog Over IoT
    Sarah Reedy, Senior Editor, 7/23/2014
    Apple Earnings: Strong iPhone Sales, iPad Sales Slump, $7.8B Profit
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 7/22/2014
    Salary Survey Report 2014
    Sarah Reedy, Senior Editor, 7/23/2014
    Like Us on Facebook
    Twitter Feed