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
    Educational Resources
    sponsor supplied content
    Educational Resources Archive
    Flash Poll
    From The Founder
    It's clear to me that the communications industry is divided into two types of people, and only one is living in the real world.
    LRTV Huawei Video Resource Center
    Interview With Rick Talbot, Principal Analyst, Current Analysis

    10|31|14   |   2:12   |   (0) comments


    At the NFV Open Cloud Forum 2014, Rick Talbot shared his positive feedback about the holistic and open approach that Huawei adopts for SDN and NFV. He also found the open sharing at the event valuable as it features different perspectives from Huawei experts, telecom operators, industry analysts as well as security experts.
    LRTV Huawei Video Resource Center
    Interview With David Snow, Principal Analyst, Current Analysis

    10|31|14   |   2:24   |   (0) comments


    David Snow talked about his understanding of Huawei and its SoftCOM strategy at the NFV Open Cloud Forum 2014, saying that Huawei's wide approach combining IT and CT expertise, introducing big data and analytics into solutions and contributing to the OpenStack community particularly resonate with him and make the company stand out in the industry.
    LRTV Huawei Video Resource Center
    Interview With Roz Roseboro, Senior Analyst, Heavy Reading

    10|31|14   |   3:13   |   (0) comments


    Roz Roseboro commented on Huawei's data center capabilities and NFV solutions at the NFV Open Cloud Forum 2014, saying that in addition to covering all three key domains of compute, storage and networking, the company also emphasizes the importance of management capabilities and professional services, which are essential in making NFV a reality.
    LRTV Huawei Video Resource Center
    Interview With Michael Howard, Co-founder & Principal Analyst, Infonetics Research

    10|31|14   |   5:25   |   (0) comments


    Michael Howard talked about SDN, NFV, and OpenStack adoption at Huawei's NFV Open Cloud Forum 2014. Particularly, he pointed out that Virtual Enterprise CPE is the top NFV use case that operators plan to invest in over 2014 and 2015 to deliver new enterprise services through virtualized functions.
    LRTV Huawei Video Resource Center
    Interview With Jerry Caron, Senior Vice President, Current Analysis

    10|31|14   |   3:11   |   (0) comments


    At Huawei's NFV Open Cloud Forum 2014, Jerry Caron from Current Analysis said that orchestration and management are key to realizing SDN and NFV for global carriers, and the approach that Huawei is taking, with its FusionSphere Cloud OS at the core, is in the right direction to address the challenges.
    LRTV Documentaries
    Broadband Battles

    10|31|14   |   01:39   |   (0) comments


    This year's Broadband World Forum featured a number of show floor battles focused on access gear, components and coffee.
    Jonestown
    Mobile Backhaul: Going to the Dark Side?

    10|30|14   |   2:26   |   (1) comment


    Heavy Reading's Patrick Donegan shares his view on a dark trend that bubbled up at Light Reading's annual backhaul conference in NYC.
    LRTV Huawei Video Resource Center
    2014 Huawei Electric Power Industry Summit: Interview With CEO of SwitchCom

    10|30|14   |   4:13   |   (0) comments


    SwitchCom, an IT company based in Angola, recommends a variety of Huawei solutions and hardware to their customers in the energy industry.
    LRTV Huawei Video Resource Center
    2014 Huawei Electric Power Industry Summit: Interview With Ethiopia's Ministry of Water Irrigation & Energy

    10|30|14   |   4:08   |   (0) comments


    Gosaye Mengistie of Ethiopia's Ministry of Water Irrigation & Energy discusses the collaboration with Huawei in that country.
    LRTV Huawei Video Resource Center
    2014 Huawei Electric Power Industry Summit: Interview with Dongfang Electronics Corporation

    10|30|14   |   5:46   |   (0) comments


    Dongfang Electronics Corporation, headquartered in Chengdu, China, is one of China's largest manufacturers of power generators and contractors of power station projects.
    LRTV Huawei Video Resource Center
    2014 Huawei Electric Power Industry Summit: Interview with Zimbabwe's Customers

    10|30|14   |   3:31   |   (0) comments


    Representatives of Zimbabwe's Ministry of Power and Development discuss the energy needs of their country as well as new areas of improvement due to enhanced ICT capabilities.
    LRTV Huawei Video Resource Center
    2014 Huawei Electric Power Industry Summit: Interview With Colbún Chile

    10|30|14   |   4:29   |   (0) comments


    In Chile, an aging energy infrastructure was in dire need of a modern update. Claudio Valenzuela of Colbún discusses how Huawei's ICT solutions continue to provide crucial information to improve the grid and how an in-country engineer is a cricial asset.
    Upcoming Live Events
    November 6, 2014, Santa Clara
    November 11, 2014, Atlanta, GA
    December 2, 2014, New York City
    December 3, 2014, New York City
    December 9-10, 2014, Reykjavik, Iceland
    February 10, 2015, Atlanta, GA
    May 6, 2015, McCormick Convention Center, Chicago, IL
    May 30, 2015, The Westin Peachtree, Atlanta, GA
    June 9-10, 2015, Chicago, IL
    Infographics
    WhoIsHostingThis.com presents six of the world's most extreme WiFi hotspots, enabling the most epic selfies you can imagine.
    Hot Topics
    Microsoft's Skype Embraces WebRTC on IE
    Sarah Reedy, Senior Editor, 10/27/2014
    FTC Slaps AT&T With Throttling Lawsuit
    Sarah Reedy, Senior Editor, 10/28/2014
    Wheeler Gets Down With OTT
    Mari Silbey, Independent Technology Editor, 10/29/2014
    China's MVNOs Hit the Wall
    Robert Clark, 10/27/2014
    Let's Not Kill SDN & NFV With Silos
    Francois Locoh-Donou, Senior VP, Global Products Group, Ciena, 10/28/2014
    Like Us on Facebook
    Twitter Feed