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        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
    From The Founder
    Against the odds, Huawei is growing its telecoms networking equipment business in the US -- that should be ringing some alarm bells for domestic vendors.
    Flash Poll
    Live Streaming Video
    CLOUD / MANAGED SERVICES: Prepping Ethernet for the Cloud
    Moderator: Ray LeMaistre Panelists: Jeremy Bye, Leonard Sheahan
    Between the CEOs
    CEO Chat With Jeff Miller, ActiveVideo

    8|28|15   |   19:05   |   (0) comments


    Jeff Miller, President and CEO of ActiveVideo, talks to Light Reading founder and CEO Steve Saunders about the impact of virtualization on the TV and video distribution market.
    LRTV Huawei Video Resource Center
    Vodafone: Mobile Money Is About Customer Trust

    8|27|15   |   06.36   |   (0) comments


    Light Reading spoke with Vodafone's Ian Ravenscroft about the unique responsibilities and opportunities facing operators handling customers' financial transactions over the network.
    Telecom Innovators Video Showcase
    Palo Alto Networks on Expanding in the Carrier/Service Provider Market

    8|26|15   |   07:54   |   (0) comments


    Alfred Lee from Palo Alto Networks tells Steve Saunders about their new chassis-based system, the PA-7080, and how it can benefit service providers compared to legacy firewalls.
    LRTV Custom TV
    Global Services Forum Preview

    8|25|15   |   02:36   |   (0) comments


    Light Reading's CEO and Founder Steve Saunders talks about Huawei's upcoming Global Services Forum with the help of Heavy Reading's Patrick Donegan and Teresa Mastrangelo.
    Telecom Innovators Video Showcase
    Infoblox on DNS Threat Index

    8|19|15   |   04:39   |   (0) comments


    Dilip Pillaipakam from Infoblox talks to Steve Saunders about his company's core network services.
    Between the CEOs
    CEO Chat With Ihab Tarazi, Equinix

    8|14|15   |   20:18   |   (1) comment


    Equinix CTO Ihab Tarazi talks to Light Reading founder and CEO Steve Saunders about the dramatic changes in the data center, cloud and interconnect markets and discusses the impact of SDN and NFV in the coming years.
    Telecom Innovators Video Showcase
    The Netformx Ecosystem

    8|14|15   |   09:39   |   (1) comment


    Ittai Bareket, CEO of Netformx, talks with Steve Saunders about the Netformx Ecosystem, which employs cutting-edge prescriptive analytics to help solution providers maximize profits.
    Telecom Innovators Video Showcase
    Versa Networks on Leveraging VNFs

    8|12|15   |   07:37   |   (0) comments


    Kumar Mehta, founder and CEO of stealth mode startup Versa Networks, talks with Steve Saunders about how providers can best leverage virtualized network functions (VNFs).
    LRTV Custom TV
    Transforming the Network Through OPNFV

    8|5|15   |   7:09   |   (0) comments


    Sandra Rivera, VP Data Center Group; GM Network Platforms Group, Intel Corporation, on OPNFV Arno and how the industry is coming together to accelerate the deployment of NFV and transform the network.
    LRTV Huawei Video Resource Center
    Huawei ONS Product Demo

    8|3|15   |   6:01   |   (0) comments


    Huawei shows at Open Networking Summit 2015 in Santa Clara how its SDN and NFV solutions embrace openness.
    LRTV Custom TV
    End-User or Enterprise Benefits to the New IP

    7|30|15   |   04:27   |   (1) comment


    Andrew Coward discusses what the New IP means to end users or enterprise customers. He explains compelling reasons, including how every customer can get their own network, from the transformation to the New IP.
    LRTV Custom TV
    Network Visibility & the New IP

    7|30|15   |   02:23   |   (0) comments


    Mukund Srigopal provides an explanation of what network visibility is and how it is essential as service providers transition to the New IP. In addition, the importance of the network packet broker is discussed.
    Upcoming Live Events
    September 16-17, 2015, The Westin Galleria Dallas, Dallas, TX
    September 16, 2015, The Westin Galleria Dallas, Dallas, TX
    September 16, 2015, The Westin Galleria Dallas, Dallas, TX
    September 29-30, 2015, The Westin Grand Müchen, Munich, Germany
    October 14-15, 2015, New Orleans Ernest N. Morial Convention Center, New Orleans, LA
    November 5, 2015, Hilton Santa Clara, Santa Clara, CA
    November 17, 2015, Santa Clara, California
    December 1, 2015, The Westin Times Square, New York City
    December 2, 2015, The Westin Times Square, New York City
    All Upcoming Live Events
    Infographics
    Cisco's cloud and virtualization portfolio can increase business agility and innovation by building a more flexible network architecture.
    Hot Topics
    T-Mobile CEO Plays Data Traffic Cop
    Sarah Thomas, Editorial Operations Director, 8/31/2015
    CEO Chat With Bill Gates
    Steve Saunders, CEO and founder, Light Reading, 8/31/2015
    Verizon Hums a Driving Tune
    Sarah Thomas, Editorial Operations Director, 8/26/2015
    Time to Monetize Cable WiFi
    Alan Breznick, Cable/Video Practice Leader, 8/31/2015
    Like Us on Facebook
    Twitter Feed
    September 16, 2015
    Wi-Fi First or Second?
    September 22, 2015
    Media Begins With “Me”
    Webinar Archive
    BETWEEN THE CEOs - Executive Interviews
    The scene: Last Saturday, lunchtime, the interior of a shi-shi-foo-foo eatery in Manhattan's SoHo district.
    Jeff Miller, President and CEO of ActiveVideo, talks to Light Reading founder and CEO Steve Saunders about the impact of virtualization on the TV and video distribution market.
    Cats with Phones
    Tastes Like Fish Click Here
    Please hold while I lick the phone.