Light Reading

Euronews: Slim's Stealthy Expansion

Paul Rainford
6/22/2012
50%
50%

KPN Telecom NV (NYSE: KPN), Nokia Corp. (NYSE: NOK) and Orange (NYSE: FTE) hog the headlines in today's trip to EMEA telecom central.

  • Shares in Dutch incumbent KPN fell to a six-week low amid speculation that Carlos Slim might cancel his bid for 27.7 percent of the company after managing to acquire a 21 percent stake on the markets, reports Reuters. Investors have clearly ignored KPN's pleas for them not to sell their shares to América Móvil S.A. de C.V. , the Latin American giant owned by Slim. (See Euronews: Slim Makes His Move on KPN and Slim's Dutch Drama .)

  • The news that current Windows Phone Nokia handsets, such as the flagship Lumia models, won't be upgradeable to the forthcoming Windows Phone 8 operating system has prompted analysts at Nomura International to cut their estimates of Nokia's handset revenues to €6 billion (US$7.5 billion) next year, from an earlier estimate of €10.9 billion ($13.6 billion), reports Bloomberg. (See Euronews: You're on Your Own, Govt Tells Nokia, Nokia Poll Update: Farewell Independence? and Nokia Cuts 10,000 Jobs, Restructures.)

  • France Telecom CEO Stephane Richard has made it clear that neither he nor his counterpart at Deutsche Telekom AG (NYSE: DT) are particularly interested in selling EE , the pair's U.K. mobile joint venture, reports Reuters. Last week Reuters said that Tom Alexander, the former CEO of Everything Everywhere, had approached private equity groups with a view to launching a bid for the operator. (See Euronews: Big Hitters Back $12.5B Mobile Bid.)

  • Is this what those beardy scientists mean when they talk about galaxies exploding? Samsung Corp. is looking into claims that one of its shiny new Galaxy III smartphones blew up while mounted on a user's car dashboard in Ireland, reports Reuters. (See Samsung's Big Bang: 5 US Carriers Get the S III, Samsung Galaxy S III Hits EMEA and Samsung's New Galaxy: A Data Hog Approaches.)

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (2)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View
    Anne Morris
    50%
    50%
    Anne Morris,
    User Rank: Light Beer
    12/5/2012 | 5:29:26 PM
    re: Euronews: Slim's Stealthy Expansion


    How much more can Nokia take? Just been reading previous comments on LR about the WP8 fiasco too...what a PR disaster for MS and Nokia.

    krishanguru143
    50%
    50%
    krishanguru143,
    User Rank: Light Beer
    12/5/2012 | 5:29:23 PM
    re: Euronews: Slim's Stealthy Expansion




    Nokia was dead the day Elop announced the move to WP.  WP has hardly any market share and any increase it saw was mainly at the cost of WM.  So in the end, Microsoft is not making much headway.  Why move to a platform that has hardly anything sales wise; they have been at 10 million handsets sales a year; that is where they started at the end of the first full year and on target to end there at the end of year two.  That is not growth at all and overall, the market share it held went from 2.6% to 1.9% last quarter.  All Nokia did was enter a market space where all of the vendors are vying for a piece of that 10 million sales a year.  Nokia has just pulled sales from HTC and Samsung while enticing a few new customers to buy the phone.  Elop was counting on the current customer base to follow.  If the current customer base wanted a Microsoft based phone, they would have been using WM.  So why would they follow when they clearly made that decision to forgo a Microsoft OS to begin with?

     

    The only hope for Nokia, their stock price needs to fall below 1.00 and be delisted.  At which point the board and the shareholders will have no option but to call for Elop to be fired immediately.  The shareholders will see no value in Microsoft buying Nokia as the share price is already so low that the shareholders will see losses.  The only value the shareholders can hope for is that a new CEO will have a vision and a plan to dig Nokia out of the hole Elop has put it in.  Even the board stands to lose as they stock options will be worthless as well as their current stock.

    Nokia announced they hired Elop on 09/10/2010.  The closing price was 7.91, the closing price on 06/21/2012 was 1.93.  So in his nearly two years there, they lost around 6.00 and their market share has severely dropped.  He has been a failure, it is time to move on and find a new CEO.  Right now, no CEO would be better than Elop.




    Educational Resources
    sponsor supplied content
    Educational Resources Archive
    Flash Poll
    From The Founder
    The New IP is actually bigger even than business. Like another hugely important tech that Light Reading is digging into right now, the New IP has the potential to change the world by fundamentally advancing what it is possible for people to achieve with communications.
    LRTV Huawei Video Resource Center
    Huawei Shares Its Vision of the Future of Mobile Networks Innovations

    2|26|15   |   2:30   |   (0) comments


    Mobile broadband is changing our lives. It's reshaping the Internet, industry, and society. It allows us to freely connect with one another anytime, anywhere. At this year's Mobile World Congress, Huawei will share its latest insights and newest ideas and technologies that will shape the future of MBB. They will showcase their end-to-end MBB solutions that will ...
    LRTV Huawei Video Resource Center
    Accelerate Digitizing, Boost Digital Business

    2|26|15   |   6:14   |   (0) comments


    A new digital revolution is leading us to a better connected world. Together with millions of digital partners, Huawei will help CSPs to build their digital service ecosystem and aggregate a wide variety of digital services. In this video, we find out how Huawei is going to help CSPs implement digital operations.
    LRTV Huawei Video Resource Center
    The Secret Recipe to Enabling Hyper-Growth Industries

    2|26|15   |   3:38   |   (0) comments


    With a number of successful cases on network capability exposure, Huawei is going to share the secret recipe to enabling hyper-growth markets with a step-by-step approach.
    LRTV Documentaries
    BTE 2015 Is Bigger & Even Better

    2|25|15   |   03:13   |   (4) comments


    This year's Big Telecom Event (BTE) in Chicago is going to provide more opportunities than ever for networking, getting to grips with key industry challenges and opportunities and, equally as important, having some fun.
    LRTV Interviews
    Light Reading ICT Leaders Roundtable at MWC 2015

    2|12|15   |   1:07   |   (2) comments


    On Sunday March 1, 2015, Light Reading will host an ICT Leaders Roundtable in partnership with Huawei. At this half-day event, CIOs, analysts and researchers will discuss key industry trends like virtualization in the cloud with a specific focus on new business models. Located at the luxurious Renaissance Hotel near the Fira Barcelona, space is limited so please ...
    LRTV Documentaries
    Going Green in 2015

    2|12|15   |   02:04   |   (0) comments


    Energy efficiency is set to be an incredibly hot topic in the telecom industry this year.
    LRTV Custom TV
    SDN & NFV: Where Are We Going From Here?

    2|11|15   |   11:27   |   (0) comments


    Vitesse Semiconductor CTO Martin Nuss gives his perspective on why SDN and NFV should be tightly interconnected and how he sees the industry moving forward.
    LRTV Documentaries
    Time for Gigabit Europe?

    2|9|15   |   01:27   |   (4) comments


    Gigabit broadband networks are springing up all around the US and they'll soon become more commonplace in Europe.
    LRTV Interviews
    Brocade Brings New IP Vision to 2020 Vision Executive Summit

    2|3|15   |   4:23   |   (0) comments


    In December 2014, Light Reading gathered telecom executives in Reykjavik, Iceland to discuss their vision for high-capacity networks through the end of the decade. The intimate, interactive meeting was set against the backdrop of Iceland's spectacular natural beauty. As one of the event's founding sponsors, Brocade's Kelly Herrell shared his company's strategy at ...
    LRTV Interviews
    Brocade's Kelly Herrell on the New IP

    2|2|15   |   12:36   |   (0) comments


    In December 2014, Steve Saunders sat down with Brocade VP of Software Networking Kelly Herrell at Light Reading's 2020 Vision executive summit in Reykjavik, Iceland. They spoke about Brocade's approach to the New IP, the future of the telecom industry, and more.
    LRTV Huawei Video Resource Center
    Dr. Dong Sun Talks About Carriers' Digital Transformation & Huawei’s Telco OS

    1|29|15   |   6:28   |   (0) comments


    Dr. Dong Sun, Chief Architect of Digital Transformation Solutions at Huawei, discusses how telecom operators can become digital ecosystem enablers and deliver optimal user experiences that are in real-time, on-demand, all-online, DIY and social (ROADS).
    LRTV Huawei Video Resource Center
    Huawei's Chief Network Architect Talks about Network Experience & Operators’ Strategies

    1|29|15   |   3:39   |   (0) comments


    In the digital age, network experience has become the primary productivity especially for telecom operators. In this video, Wenshuan Dang, Huawei’s Chief Network Architect, discusses how carriers can tackle the challenge of infrastructure complexity in order to enhance business agility and improve user experience.
    Upcoming Live Events
    March 17, 2015, The Cable Center, Denver, CO
    April 14, 2015, The Westin Times Square, New York City, NY
    May 12, 2015, Grand Hyatt, Denver, CO
    May 13-14, 2015, The Westin Peachtree, Atlanta, GA
    June 8, 2015, Chicago, IL
    June 9-10, 2015, Chicago, IL
    June 9, 2015, Chicago, IL
    June 10, 2015, Chicago, IL
    All Upcoming Live Events
    Infographics
    Net neutrality, broadband services and the current outlook on data consumption, as presented by the New Jersey Institute of Technology.
    Hot Topics
    Cyber Security Expert Warns: You're Doing It Wrong
    Sarah Thomas, Editorial Operations Director, 2/23/2015
    10 Weirdly Useful IoT Devices
    Eryn Leavens, Copy Desk Editor, 2/24/2015
    Small Cells Enabling Location Services
    Sarah Thomas, Editorial Operations Director, 2/25/2015
    FCC Adopts Title II Rules
    Alan Breznick, Cable/Video Practice Leader, 2/26/2015
    Like Us on Facebook
    Twitter Feed
    Webinar Archive
    BETWEEN THE CEOs - Executive Interviews
    Check out Light Reading's interview with Jay Samit, the newly appointed CEO of publicly traded SeaChange International Inc. With a resume that includes Sony, EMI, and Universal, Samit brings a reputation as an entrepreneur and a disruptor to his new role at the video solutions company. Hear what he had to say about the opportunities in video, as well as the outlook for cable, telco, OTT and mobile service providers.
    G'day! And welcome to an entirely new feature on Light Reading -- our weekly "CEO-to-CEO" interview.