Light Reading
In today's EMEA roundup: Spanish giant sells its private jets to make ends meet; managers charged in Telekom Austria probe; EE names LTE day

Euronews: Telefónica to Flatline, Says S&P

Paul Rainford
10/4/2012
50%
50%

Telefónica SA (NYSE: TEF), Telekom Austria AG (NYSE: TKA; Vienna: TKA) and TeliaSonera AB (Nasdaq: TLSN) are the big fish in today's trawl through the EMEA headlines.

  • The latest guidance issued by Standard & Poor’s for Telefónica does not make encouraging reading for the Spanish giant. "We anticipate high-single-digit drops in domestic revenue in 2012-2014 and overall low-single-digit declines in the rest of Europe, dragged down by intense price competition, particularly in the U.K.," says the ratings agency, though it does add that these will be offset by "more buoyant" Latin American markets, resulting in "flat consolidated revenues in 2012-2014." And just to confirm that times are indeed hard for los madrileños, Bloomberg reports that Telefónica is trying to sell two of its four private jets, possibly raising around $45 million for the cause. (See Telefónica Plans Regional IPOs and Euronews: Layoff Costs Tear Into Telefonica's Q3 .)

  • Three former Telekom Austria managers have been charged with share price manipulation by the Vienna prosecutors, reports Reuters, following a long-running probe into alleged corruption at the carrier. (See Telekom Austria Cites IPO Irregularities.)

  • TeliaSonera has appointed Mannheimer Swartling, a Swedish law firm, to investigate whether the Nordic operator's purchase of a 3G license in Uzbekistan involved any corruption or money laundering. The deal was the subject of a TV program in Sweden, which alleged that the transaction did not bear close scrutiny. (See TeliaSonera Launches Uzbek Review and Euronews: TeliaSonera Denies Bribery.)

  • British network planning and capacity management software systems specialist Aria Networks Ltd. has raised $1.1 million in a new round of funding that wil help it expand into Asia/Pacific and North America. The Service Provider Information Technology (SPIT) vendor has won several Tier 1 carrier customers and claims to have been profitable during its most recent full financial year. (See Aria Raises Fresh Funding, Verizon, Aria Eye Network Future and Aria Tackles NGN Capacity Planning.)

  • The U.K.'s U.K. Department for Culture, Media and Sport has sacked a consultant for leaking contract details that suggest BT Group plc (NYSE: BT; London: BTA) is inflating its charges to local councils for rolling out the country's high-speed broadband network, claims The Guardian. Mike Kiely, who had been acting as a broadband development consultant to the government department since 2010, sent a document to councils which revealed that prices for the installation of individual fiber cabinets, which could be as high as £30,000 ($48,000), included central and labor costs that were too high.

  • EE has confirmed that it is launching LTE services in the U.K. on Oct. 30, under the EE branding. In preparation for the great day, it has started selling three "4G-ready" phones, Samsung Corp. 's Galaxy SIII LTE, High Tech Computer Corp. (HTC) (Taiwan: 2498)'s One XL and Huawei Technologies Co. Ltd. 's Ascend P1 LTE, with a fourth, the Samsung Galaxy Note II LTE, to follow on Oct. 15. (See EE's 4G Phones Go on Sale, EE Names the 4G Day, Euronews: Will UK Fast-Track 4G Auction? and Brits Braced for 4G .)

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (0)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View
    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.
    Hot Topics
    Is Windstream Boldly Setting a New Trend?
    Carol Wilson, Editor-at-large, 7/29/2014
    U-verse Growth Slips But Still Strong
    Alan Breznick, Cable/Video Practice Leader, 7/24/2014
    Pics From Comic-Con -- Honest!
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 7/30/2014
    If Not Muni Networks, Then What?
    Carol Wilson, Editor-at-large, 7/28/2014
    Verizon Applies 3G Throttling Policy to LTE
    Sarah Reedy, Senior Editor, 7/25/2014
    Like Us on Facebook
    Twitter Feed