Also in today's EMEA regional roundup: Com Hem profits up; Telefónica cozies up to Huawei; former Gowex boss could face long stretch.
The world's wealthiest individual, Carlos Slim, is to take a majority stake in Telekom Austria AG (NYSE: TKA; Vienna: TKA) following a public tender offer for shares in the European operator. Investors holding nearly 104 million shares, about 23.47% of Telekom Austria’s capital, agreed to sell to Slim's América Móvil S.A. de C.V. in a move that will cost €743.4 million (US$1.01 billion). Once the shares are bought, América Móvil will own (either directly or indirectly) 50.8% of Telekom Austria’s capital. Slim, whose wealth is estimated by Forbes at about $78.9 billion (equal to that of Bill Gates, who shares the "wealthiest" title currently), made his first significant move on the Austrian carrier, which has fixed, mobile and cable operations in multiple markets in Central and Eastern Europe, in mid-2012. (See Telekom Austria Acquires Macedonian Cable Operator, Telekom Austria Acquires B.net and Telekom Austria Notes America Movil Holdings.)
Com Hem AB , the Swedish cable operator that launched an over-subscribed IPO last month, posted core second-quarter profits up 3.5% year-on-year to 566 million Swedish kroner ($83 million), reports Reuters. (See Eurobites: Com Hem Sparks Gold Rush.)
The disgraced former CEO of Spanish WiFi networks provider Gowex Jenaro Garcia Martin could face more than 10 years in jail following fraud revelations at the company, reports Reuters. Garcia Martin admitted on July 6 that he had misrepresented Gowex's accounts for at least the last four years. For a full and frank examination of the shenanigans he was involved in, see this Bloomberg report.
Gemalto , the Dutch mobile security specialist, has joined a pan-African mHealth initiative that focuses on maternal and child health. Backed by the GSM Association (GSMA) , the PAMI initiative will use Gemalto to help it bring mHealth and nutrition-related services to those who need it through its SmartMessage interactive messaging product.
mHealth in Africa: Ain't no better mobile application.
It appears BT Group plc (NYSE: BT; London: BTA) suffered something of a lost weekend -- as in lost email. The BBC reports that tens of thousands of BT customers were left without email services over the weekend, as the operator attempted to migrate those users who previously used the Yahoo-run email platform to its own offering. The migration was being handled by Openwave Messaging Inc.
— Paul Rainford, Assistant Editor, Europe, Light Reading
William L. Lind, User Rank: Light Beer 7/22/2014 | 6:14:29 AM
Re: Slim Shady I believe that mhealth can improve the quality of life in general public in the rural and urban areas. The essays writing services review will let the most importan thing about this issue. I appreciate their effort on this telekom m health .
As NFV strategies evolve from tests and trials to production telco networks, expect to hear a lot about virtual CPE (customer premises equipment) rollouts during 2015.
What's making policy control strategic in 2015 and beyond? Amdocs talks with Heavy Reading's Graham Finnie about the key factors driving change in the data services landscape. Find out what his policy management research reveals about the road ahead for policy control – and sign up for
In December 2014, Light Reading brought together telecom executives in Reykjavik, Iceland to discuss their vision for high-capacity networks through the end of the decade. The intimate, interactive meeting was set against the backdrop of Iceland's spectacular natural beauty. As one of the event's founding sponsors, Cisco's Doug Webster shared his company's ...
At IBC, Peter Alexander, Senior Vice President & CMO at Harmonic, speaks about the growing interest in pay-TV service and its branching into multiple devices.
In December 2014, Steve Saunders sat down with Cisco VP of Products & Solutions Marketing Doug Webster at Light Reading's 2020 Vision executive summit in Reykjavik, Iceland. They spoke about Cisco's approach to network virtualization as well as how service providers can begin to monetize high-capacity networks through the end of the decade.
Arsenal goalkeeping legend Bob Wilson was Light Reading's guest interviewee at the 2020 Vision Executive Summit in December. See what the former soccer star and sports broadcaster had to say when he took to the stage in Iceland.
Vitesse Semiconductor CTO Martin Nuss discusses the importance of the MEF Third Network initiative and why it's good news for SDN/NFV industry initiatives.
What's making policy control strategic in 2015 and beyond? Amdocs talks with Heavy Reading's Graham Finnie about the key factors driving change in the data services landscape. Find out what his policy management research reveals about the road ahead for policy control – and sign up for
At IBC, Peter Alexander, Senior Vice President & CMO at Harmonic, speaks about the growing interest in pay-TV service and its branching into multiple devices.
Vitesse Semiconductor CTO Martin Nuss discusses the importance of the MEF Third Network initiative and why it's good news for SDN/NFV industry initiatives.
To save this item to your list of favorite Light Reading content so you can find it later in your Profile page, click the "Save It" button next to the item.
If you found this interesting or useful, please use the links to the services below to share it with other readers. You will need a free account with each service to share an item via that service.
(2) | 
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.
Digg
Del.icio.us
Reddit
Tweet This
