& 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.




    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
    4.5G Evolution: Peter Zhou on Advanced MIMO Technologies & 5G Business Prep

    2|25|17   |     |   (0) comments


    In the process of service transformation, operators need to catch three major opportunities and start deploying in 4.5G networks, such as video, household broadband access and digital transformation of vertical industries. 5G is coming. Operators don't need to wait for it to happen but should progressively deploy 4.5G networks by introducing 5G-oriented ...
    LRTV Custom TV
    What WTTX Can Deliver

    2|23|17   |     |   (0) comments


    Mohamed Madkour explains the benefits of WTTX while Dimitris Mavrakis discusses the challenges of delivering home broadband access.
    LRTV Custom TV
    Huawei on Mobile Broadband

    2|23|17   |     |   (0) comments


    Mohamed Madkour shares his vision on MBB for the next three years.
    LRTV Custom TV
    Analysys Mason Talks About the Future of Digital Operations

    2|23|17   |     |   (0) comments


    The future of digital operations has three key aspects: 1. Highly automated operations for both service and network; 2. Highly converged BSS/OSS for business and resources; 3. Highly merged management and control for real-time cloud native operations.
    LRTV Interviews
    Software Trends in the Telecom Sector

    2|23|17   |   03:40   |   (0) comments


    Heavy Reading senior analyst James Crawshaw talks with Telecoms.com Editorial Director Scott Bicheno about trends and developments in the telecoms software sector and what to expect at MWC 2017.
    LRTV Custom TV
    Huawei's Pre-MWC Analyst Briefing 2017 Highlights

    2|22|17   |     |   (0) comments


    Huawei shares its vision for this year's MWC.
    LRTV Interviews
    MWC17: 5G, Cloud RAN & More

    2|21|17   |   04:35   |   (0) comments


    Ovum Senior Analyst Julian Bright talks to Scott Bicheno from Telecoms.com about all things MWC, including Cloud RAN, Huawei's pitch to the industry and the road to 5G.
    LRTV Interviews
    MWC 2017's Key 2-Letter Terms

    2|20|17   |   08:29   |   (1) comment


    5G, AI, VR... these are just some of the two-letter terms that will dominate show-floor chat at MWC 2017 in Barcelona, according to these two blow-hards (a.k.a. Scott Bicheno of Telecoms.com and Light Reading's Ray Le Maistre). And then there's PB...
    LRTV Interviews
    Key Trends for Mobile Operators in Developing Markets

    2|20|17   |   06:37   |   (0) comments


    Ovum's Matthew Reed talks to Scott Bicheno from Telecoms.com about the challenges and opportunities facing mobile operators in the developing markets of Africa and the Middle East.
    LRTV Documentaries
    YouTube Takes on Facebook Live-Streaming

    2|17|17   |     |   (0) comments


    Popular 'YouTubers' will be the first to get the new service on their smartphones. You have been warned.
    LRTV Custom TV
    Open Source NFV/SDN Automation

    2|17|17   |   05:54   |   (0) comments


    AT&T ECOMP (Enhanced Control, Orchestration, Management and Policy) code is transitioning into the Linux Foundation for placement into open source. In this video, Carol Wilson provides an update on the maturation of open source ECOMP and meets with industry leaders from AT&T, Bell Canada, Orange, Linux Foundation and Amdocs to discuss what this means for the ...
    LRTV Documentaries
    Uber & NASA Collaborate on Flying Car Project

    2|16|17   |     |   (0) comments


    Is Uber for real? Well, it's hired NASA engineer Mark Moore to lead the project, and he wouldn't come cheap.
    Upcoming Live Events
    March 21-22, 2017, The Curtis Hotel, Denver, CO
    March 22, 2017, The Curtis Hotel, Denver, CO
    March 22, 2017, The Curtis Hotel, Denver, CO
    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
    Uber's HR Nightmare: Company Investigates Sexual Harassment Claims
    Sarah Thomas, Director, Women in Comms, 2/21/2017
    Broadband Has a Problem on the Pole
    Mari Silbey, Senior Editor, Cable/Video, 2/21/2017
    Verizon to Start Fixed 5G Customer Trials in April
    Dan Jones, Mobile Editor, 2/22/2017
    Sprint to Go Gigabit Crazy at MWC!
    Dan Jones, Mobile Editor, 2/22/2017
    MANO Marriage: ECOMP, Open-O Converge as ONAP
    Carol Wilson, Editor-at-large, 2/23/2017
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    Light Reading founder and CEO Steve Saunders chats with Sportlogiq CEO Craig Buntin about sports data analysis.
    Eyal Waldman, CEO of Mellanox Technologies, speaks to Steve Saunders, CEO of Light Reading, for an exclusive interview about the 100 GB cable challenge, cybersecurity and much more.
    Animals with Phones
    No One Likes This Click Here
    Take a hint!
    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.