& cplSiteName &

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        ADD A COMMENT
    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
    Light Reading’s Upskill U is a FREE, interactive, online educational resource that delivers must-have education on themes that relate to the overall business transformation taking place in the communications industry.
    NEXT COURSE
    Wednesday, September 28, 1:00PM EDT
    Gigabit 101
    Will Barkis, Senior Technology Analyst, Orange
    UPCOMING COURSE SCHEDULE
    Friday, September 30, 1:00PM EDT
    Gigabit & the Great Migration
    Robert Howald, Vice President, Network Architecture, Comcast
    Wednesday, October 5, 1:00PM EDT
    Gigabit & Smart Cities
    Joe Kochan, COO & Co-Founder, US Ignite
    Friday, October 7, 1:00PM EDT
    Gigabit & DOCSIS 3.1
    Ty Pearman, Director, Access Architecture, Comcast
    in association with:
    From The Founder
    Light Reading today starts a new voyage as part of a larger Enterprise.
    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 Documentaries
    MEC Congress: The Key Takeaways

    9|22|16   |   03:25   |   (3) comments


    Three key takeaways from the Mobile Edge Computing (MEC) Congress in Munich, Germany.
    Wagner’s Ring
    Time to Shut Up About 'Dumb Pipes'

    9|22|16   |     |   (12) comments


    Service providers can't compete with OTT players. It just isn't in their DNA. Instead, service providers need to embrace what they're good at -- providing reliable, secure connectivity.
    Wagner’s Ring
    Keeping Your Tech Career Going After 50

    9|21|16   |     |   (13) comments


    How do you keep your career moving forward when you're past the half-century mark?
    LRTV Interviews
    Peering Into the Digital Future

    9|20|16   |   04:25   |   (0) comments


    Nick Thomas, practice leader of digital media at Ovum, talks about how digital transformation in the technology, media and telecom sectors will enable the development of a new range of applications and services for enterprises and consumers and how the upcoming Digital Futures event in London will examine ...
    LRTV Custom TV
    Napatech Tackles NFV's Major Challenge

    9|7|16   |   08:42   |   (0) comments


    One of the main challenges for network operators introducing NFV is to combine performance and flexibility in a cost-effective way, but there is a solution, explains Napatech's Dan Joe Barry.
    LRTV Custom TV
    Huawei Optical Innovation 2016

    9|6|16   |     |   (0) comments


    Highlights of the 2016 Huawei Optical Innovation forum.
    LRTV Huawei Video Resource Center
    Are You Ready for Huawei Connect 2016?

    8|31|16   |     |   (0) comments


    Join us for an exclusive sneak peak of Huawei Connect, an integrated conference for the global ICT ecosystem taking place in Shanghai.
    Between the CEOs
    CEO Chat: UXP's Gemini Waghmare

    8|26|16   |     |   (0) comments


    Light Reading CEO Steve Saunders and UXP Systems CEO Gemini Waghmare discuss the strategic importance of digital identity for operators in the midst of transformation.
    LRTV Custom TV
    F5 Virtual Network Function Integrations With Partner Orchestration Platform

    8|24|16   |   6:38   |   (0) comments


    F5's Kishore Patnam, product manager for F5's service provider solutions, discusses why service providers are moving towards virtualization and how his clients are utilizing F5's solutions.
    Between the CEOs
    CEO Chat: Intel's Alexis Black Bjorlin

    8|17|16   |   06:23   |   (0) comments


    Join us for an in-depth interview between Steve Saunders of Light Reading and Alexis Black Bjorlin of Intel as they discuss the release of the company's Silicon Photonics platform, its performance, long-term prospects, customer expectations and much more.
    Telecom Innovators Video Showcase
    Accelerating Telecom Digital Transformation With Nominum DNS

    8|1|16   |   12:04   |   (0) comments


    Light Reading's Steve Saunders gets an update from Nominum CEO Gary Messiana on how his company is helping carriers on the digital transformation journey.
    LRTV Custom TV
    Reinventing Operations for a Virtual, Software-Defined World

    7|28|16   |   5:23   |   (0) comments


    Heavy Reading Senior Analyst Jim Hodges speaks with Accenture's Larry Socher and Matt Anderson about what service providers must do to transform their business to get the benefits of SDN and NFV including: leveraging DevOps, introducing real-time OSS and implementing analytics.
    Upcoming Live Events
    November 3, 2016, The Montcalm Marble Arch, London
    November 30, 2016, The Westin Times Square, New York City
    December 1, 2016, The Westin Times Square, New York, NY
    December 6-8, 2016, The Westin Excelsior, Rome
    May 16-17, 2017, Austin Convention Center, Austin, TX
    All Upcoming Live Events
    Infographics
    Hot Topics
    Keeping Your Tech Career Going After 50
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 9/21/2016
    Time to Shut Up About 'Dumb Pipes'
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 9/22/2016
    Comcast Will Go Wireless in 2017
    Mari Silbey, Senior Editor, Cable/Video, 9/20/2016
    Sprint CEO: We'll Lease Spectrum as Soon as Possible
    Dan Jones, Mobile Editor, 9/20/2016
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    Light Reading CEO Steve Saunders and UXP Systems CEO Gemini Waghmare discuss the strategic importance of digital identity for operators in the midst of transformation.
    Join us for an in-depth interview between Steve Saunders of Light Reading and Alexis Black Bjorlin of Intel as they discuss the release of the company's Silicon Photonics platform, its performance, long-term prospects, customer expectations and much more.
    Animals with Phones
    You Thought Your Customer Service Was Unreliable... Click Here
    Live Digital Audio

    A vital part of increasing the number of women in comms is transforming the ways companies can support and empower women. While progressive company policies that support both men and women in achieving work-life balance are a step in the right direction, creating a company culture that supports those policies can at times be more challenging.

    During this show, we'll talk to Lynn Comp, Senior Director of Industry and Sales Enabling (ISE) in the Network Platforms Group at Intel, about why those challenges exist and how companies can overcome them. She'll provide insight into how Intel has worked to create a culture that supports work-life balance, and provide steps and guidance for other companies wishing to do the same. We will also leave plenty of time to get your questions answered live on the air.