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
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NFV's promises of automation and virtualization are intriguing, but what really excites service providers is the massive amount of money they could save.
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.
Light Reading Mobile Editor Dan Jones reviews the Moto Z2 Play, which he calls 'a nice modern Android phone with good battery life and one of the nicest cameras' he's seen. The Moto Z2 Play is a Gigabit LTE-ready phone, but we were not able to test speeds that fast in the US.
From Telecoms.com, a recap of the week's telecoms talking points. It's been a week of gimmicks as Three tests out a pay-as-you-go sub-brand called Smarty; Comcast
It's an art and a science to make mentorship, inclusive leadership, diversity and promotion of high-potential women work, says Honore' LaBourdette, vice president of Global Market Development at VMWare.
A recap of the week's talking points on Light Reading's sister site, telecoms.com. Facebook AI programmers had a bit of a brain-fade as they allowed one of its AI applications to invent its ...
Supporting women both inside and outside of Fujitsu is a top priority of the telecom vendor. Yanbing Li, Fujitsu Network Communication's director of System Software Development & Delivery, shares why it's important, but why there's still a long road ahead.
In case you missed it, Amazon's 1% stock increase helped Jeff Bezos dethrone Bill Gates as the richest man in the world. Also, Taiwanese electronics manufacturer
AT&T is focused on the software-defined network of the future and is reskilling its workforce to get ready too, according to AT&T's President of Technology Development Melissa Arnoldi.
Liz Centoni, senior vice president and general manager of Cisco's Computing System Product Group, shares why mentoring in all its forms is important for women and what Cisco is doing that's made a difference for women in tech.
At an event in Wembley stadium, EE used its live network to demonstrate gigabit LTE using a Sony Xperia XZ Premium smartphone with a Qualcomm Snapdragon 835 chip.
Guavus unites big data and machine intelligence, enabling many of the the largest service providers in the world to save money and drive measureable revenue. Learn how applying Machine Intelligence substantially reduces operational costs and in many cases can eliminate subscriber impact, meaning a better subscriber experience and higher NPS.
A recap of the week's talking points on Light Reading's sister site, telecoms.com. Facebook AI programmers had a bit of a brain-fade as they allowed one of its AI applications to invent its ...
In case you missed it, Amazon's 1% stock increase helped Jeff Bezos dethrone Bill Gates as the richest man in the world. Also, Taiwanese electronics manufacturer
At an event in Wembley stadium, EE used its live network to demonstrate gigabit LTE using a Sony Xperia XZ Premium smartphone with a Qualcomm Snapdragon 835 chip.
Guavus unites big data and machine intelligence, enabling many of the the largest service providers in the world to save money and drive measureable revenue. Learn how applying Machine Intelligence substantially reduces operational costs and in many cases can eliminate subscriber impact, meaning a better subscriber experience and higher NPS.
When used to analyze operational data and to drive operational decisions, machine intelligence reduces the number of tasks which require human intervention. Guavus invested in Machine Intelligence early. Learn about the difference between Machine Learning and Machine Intelligence.
Hossam Salib, VP of Cable and Wireless Strategy at ADTRAN, outlines key trends as MSOs begin to deploy next-generation Gigabit and 10-Gigabit cable networks. In the interview, Hossam outlines the advantages of a Fiber Deep architecture, FTTH options including EPON and RFoG, and the importance of SDN and NFV in building next-generation high-bandwidth cable networks.
Dave Smargon of AIRSYS explains how doing smart things with air handling and air conditioning can enable cable to take big steps in the right direction with respect to efficiency gains.
Viavi's Koji Okamoto discusses CATV technology and trends with Alan Breznick of Light Reading. From DOCSIS 3.1 deployment to the impact of Distributed Access Architectures (DAA), bringing fiber closer to the home, and leveraging DWDM technology for business services.
At ANGA COM 2017, Cyrille Morelle, president and CEO of VeEX, updates Alan Breznick with VeEX's new products and technology. This includes VeSion cloud-based platform for network monitoring, AT2500-3G advanced spectrum analyzer and MTTplus-900 WiFi Air Expert module. He also comments on DOCSIS 3.1 deployment and Remote PHY technology.
SCTE•ISBE's Chris Bastian discusses Energy 2020's success to date and the importance of a flexible approach that allows for changes in specific strategies in order to reach significant milestones.
Versa CEO Kelly Ahuja discusses with Carol Wilson the current status and trends in the SD-WAN market, Versa's innovation around building a software platform with broad contextualization, and the advantages that startups can bring to the SD-WAN market.
ARRIS's John Ulm says a major accomplishment of SCTE•ISBE's Energy 2020 program is increased focus on power cost and consumption, including inclusion of energy requirements in operators' RFPs and RFIs.
With the mobile ecosystem becoming increasingly vulnerable to security threats, AdaptiveMobile has laid out some of the key considerations for the wireless community.
Understanding the full experience of women in technology requires starting at the collegiate level (or sooner) and studying the technologies women are involved with, company cultures they're part of and personal experiences of individuals.
During this WiC radio show, we will talk with Nicole Engelbert, the director of Research & Analysis for Ovum Technology and a 23-year telecom industry veteran, about her experiences and perspectives on women in tech. Engelbert covers infrastructure, applications and industries for Ovum, but she is also involved in the research firm's higher education team and has helped colleges and universities globally leverage technology as a strategy for improving recruitment, retention and graduation performance.
She will share her unique insight into the collegiate level, where women pursuing engineering and STEM-related degrees is dwindling. Engelbert will also reveal new, original Ovum research on the topics of artificial intelligence, the Internet of Things, security and augmented reality, as well as discuss what each of those technologies might mean for women in our field. As always, we'll also leave plenty of time to answer all your questions live on the air and chat board.
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NFV's promises of automation and virtualization are intriguing, but what really excites service providers is the massive amount of money they could save.
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