Also in today's EMEA regional roundup: SFR has a pop at Orange; Sparkle adds providers to Sicily hub; cable M&A action in northern Spain; Nokia hired for Rwandan smart city project.
Vodafone Group plc (NYSE: VOD) recorded a loss of 6.1 billion (US$6.7 billion) in the year to March 31, which is being partly attributed to a 5 billion ($5.5 billion) write-down of its Indian unit in the face of fierce competition from new market entrant Reliance Jio, the Financial Times reports (subscription required). Shares in the group still rose 3.5% in Tuesday morning trading, however, as Vodafone raised its guidance for underlying or "organic" profit growth to a figure in the range of 4%-8%. Group revenue for the year decreased by 4.4% to 47.6 billion ($52.6 billion), partly because of foreign exchange movements. A full breakdown of the figures can be found here. (See Jio Piles Further Pressure Onto Indian Old Guard .)
Orange (NYSE: FTE) says that rival French operator SFR has filed a lawsuit against it, Reuters reports. The plaintiff is demanding a bigger share of Orange's fiber network, but a spokesman for Orange said that the existing agreement between the two operators had already been ratified by the regulator and the government.
Telecom Italia Sparkle , the international services arm of the Italian incumbent, has welcomed two new service providers to its Sicily Hub in Palermo. Expanding their reach in Europe and beyond with new points of presence are Zajil, a Kuwaiti outfit, and Pakistan's PCTL.
There's cable M&A action in northern Spain, with Basque market leader Euskaltel making an offer of around 700 million euros ($770 million) for rival Telecable, which has its heartland in the Asturias region. As Reuters reports, Telecable is owned by investment firm Zegona, and Zegona will retain a 15% stake in the combined company should the deal go through.
Nokia Corp. (NYSE: NOK) is to partner with the Rwandan government to drive the rollout of "smart city" technology in the African nation, in a project that will encompass applications dealing with issues such as public safety, waste management and healthcare. Nokia will collaborate with local development organization SRG on the project.
On another front there's good and bad news for Nokia: The good news is that Nokia is still the most valuable Finnish brand, with an estimated worth of 4.4 billion ($4.8 billion); the bad news is that in 2008, when men were men and Nokia mobile phones ruled the world, the brand was worth 22.5 billion ($24.9 billion). The figures come from UK firm Brand Finance, and are cited by Finnish website YLE.
Belgium's Proximus is to take its trial of Tessares' Multipath TCP (MPTCP) hybrid technology -- which combines the speeds of existing fixed (DSL) and mobile (4G/LTE) networks -- nationwide, with a view to commercial launch later this year.
Deutsche Telekom AG (NYSE: DT) has upgraded its Speedport Smart home router so that it's more in tune with the "smart home." As well as your common-or-garden WiFi, the router now supports the DECT ULE cordless standard, enabling, says DT, the integration of smoke detectors, thermostats and other smart home accoutrements.
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.
Coopetition has always been part of telecom, but the ecosphere now includes data centers, vendors, apps developers, cloud service providers and Internet content providers. This BCE 2017 panel explores the new attitudes among network operators as to the value and variety of ...
For virtualization to happen, the telecom industry first has to grapple with key functional aspects of SDN and NFV that need to be universal, such as onboarding of virtualized network functions and federation of software-defined networks.
Aamir Hussain leads the Product Development and Technology organization at CenturyLink, which includes the company's information technology function. He is an experienced senior technology executive with more than 25 years of proven success in the implementation of global technology operations, operationalization of complex technology, infrastructures and business ...
The 50-year-old telco has already gone through several transformations, including every time it made an acquisition, but its purchase of Level 3 coupled with changes in technology and customer expectations necessitates its biggest transformation yet.
Nir Shalom, general manager and VP of application development at AT&T Israel, talks about the key service developments undertaken at the AT&T R&D facility in Tel Aviv and how the team there has adopted new ways of working.
Mike Capuano, vice president of marketing at Infinera, discusses the advancement from Instant Bandwidth to new Instant Network capabilities, which include Bandwidth License Pools, Moveable Licenses and Automated Capacity Engineering (ACE).
The auto industry is facing some big transformations as electric vehicles, autonomous technology and connected cars are seen as the future of the industry. During the much-anticipated NY international auto show, there was an emergence of new technology and mobility service on the show floor. Aside from performance, brands like Lincoln, Hyundai, Honda, Mercedes and ...
In a brief discussion at MWC 2017, Heavy Reading analyst Adi Kishore talks to Pardeep Kohli, CEO, Mavenir Systems about the creation of the 'new Mavenir' and some of the key challenges facing operators in today's market. A key theme of the discussion centers around operator need for software-only, virtualized solutions and how they will need to adapt to ...
At Mobile World Congress 2017, the biggest mobile industry gathering of the year, Huawei showcased its new innovations and solutions with the theme "Open Road," which focuses on cloud, 5G, operation transformation, videos and consumer-oriented products. Its campaign has been recognized by three awards given by GSMA.
Lynn Comp, senior director of market development of Intel, is joined by Chong Zhang, storage engineer at Inspur and Ou Li Yan, architect for technology strategies of China Telecom, for a discussion of what NFV brings.
Khamis Abulgubein of IoT market development at Nokia demonstrates IMPACT (intelligent management platform for all connected things), a software solution with a horizontal approach to managing any device on any application.
Playing it safe can only get you so far. Sometimes the biggest bets have the biggest payouts, and that is true in your career as well. For this radio show, Caroline Chan, general manager of the 5G Infrastructure Division of the Network Platform Group at Intel, will share her own personal story of how she successfully took big bets to build a successful career, as well as offer advice on how you can do the same. Well cover everything from how to overcome fear and manage risk, how to be prepared for where technology is going in the future and how to structure your career in a way to ensure you keep progressing. Chan, a seasoned telecom veteran and effective risk taker herself, will also leave plenty of time to answer all your questions live on the air.