& cplSiteName &

Euronews: Tieto Buys Siemens IMS Assets

Paul Rainford
1/15/2014
50%
50%

Also in today's EMEA regional roundup: AlcaLu's 4G bods on the move; "private" smartphone announced; UK banks back Zapp.

  • Finnish Service Provider Information Technology (SPIT) specialist Tieto Corp. is to acquire a range of IMS (IP Multimedia Subsystem), SPIT and mobile assets from a division of Siemens AG (NYSE: SI; Frankfurt: SIE) for an undisclosed sum. Siemens Convergence Creators is selling an unspecified range of Network Directory Server (NDS), IP Multimedia Systems (IMS), Home Location Register (HLR) and Radio Access (RA) businesses to Tieto in a deal that will see 220 staff (based in Austria, Croatia, the Czech Republic, and Slovakia) transfer to Tieto, which says the new assets should deliver additional annual revenues of €15 million (US$20.4 million) and boost profitability. The move signals renewed confidence in the telecom sector for the IT services and R&D specialist, which cut staff in 2013 (about 770 jobs in October) due to a slowdown in its telecom-related activities. Tieto reported revenues of €1.25 billion ($1.7 billion) for the first 9 months of 2013.

  • Alcatel-Lucent (NYSE: ALU) has formed a partnership with Altran, a French engineering consultancy, to create a telecom services center near the city of Nantes. Under the terms of the deal, around 170 4G specialists will transfer from Alcalu's Orvault site to the new center.

  • A new Swiss-based joint venture between startups Silent Circle and Geeksphone has announced its inaugural product, the Blackphone, which its backers claim offers users the ability to do all the things they want to do on a smartphone without compromising their privacy or security. The Blackphone will be unveiled at Barcelona's Mobile World Congress next month. (See Blackphone Unveils Secure Smartphone.)

  • Four of the UK's biggest banks have lent their backing to Zapp, a mobile payments facility that enables customers to pay for goods and services in shops or online without cash or credit card (assuming they've got cash in their bank accounts, of course). As the BBC reports, HSBC, First Direct, Nationwide, and Santander (as well as the smaller Metro Bank) have all said they will add Zapp to their respective banking apps. A company called VocaLink, which is involved in several banking platforms, is behind Zapp.

  • UK satellite broadcaster Sky (NYSE, London: SKY) has launched AdSmart, a "tailored" advertising service that tweaks the lineup of ads shown around its programs according to the "profile" and location of the particular household to which they are being shown. According to the broadcaster, several big brands -- Tesco, American Airlines, and Audi among them -- have already signed up to the service, while others are waiting in the wings.

  • Brendan Ives has been appointed president of Telia Carrier . Ives, a Kiwi, has been with the company for 13 years in a variety of roles.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (1)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    Ray@LR
    50%
    50%
    Ray@LR,
    User Rank: Blogger
    1/15/2014 | 9:28:14 AM
    Is this Tieto's VoLTE move?
    THis could be Tieto ramping up its capabilities in the mobile packet core and VoLTE -- it's already doing NFV stuff... 
    From The Founder
    Kicking off BCE 2017, Light Reading founder Steve Saunders lays blame for NFV's slow ramp-up and urges telecom to return to old-fashioned standards building and interoperability.
    Flash Poll
    Live Streaming Video
    Charting the CSP's Future
    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.
    Women in Comms Introduction Videos
    Infinera's Sales Director Paints Tech's Big Picture

    6|21|17   |   4:14   |   (1) comment


    Shannon Williams, Infinera's director of sales, shares how she achieves work's many balancing acts -- between her role and the broader company, today and tomorrow's tech and more.
    LRTV Custom TV
    SD-WAN Innovation & Trends

    6|20|17   |     |   (0) comments


    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.
    LRTV Interviews
    Ovum's Dario Talmesio on 5G in Europe

    6|20|17   |   02:16   |   (0) comments


    At 5G World 2017, Dario Talmesio, principal analyst and practice leader on Ovum's fixed and mobile telecoms European team, explains the emerging trends amongst European operators as they prepare for 5G.
    LRTV Custom TV
    Putting Power on a Pedestal

    6|19|17   |     |   (0) comments


    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.
    LRTV Custom TV
    Gigabit Access: The Last-Mile Pipe for All Future Services

    6|19|17   |     |   (0) comments


    A Gigabit access platform being deployed today must be able to deliver all types of services to an increasing number of devices. A non-blocking architecture is necessary to support the ever-increasing growth in bandwidth demand. The Huawei Gigabit access solution is based on a distributed design that is fully scalable to deliver a unprecedented performance.
    LRTV Custom TV
    Key Factors to Successfully Deploy an SD-WAN Service

    6|19|17   |     |   (0) comments


    As service providers transition their SD-WAN solution from trials and limited deployments into production at large scale, there are important considerations to successfully operationalize these solutions and realize their full potential, without adding complexity, introducing uncertainty or disrupting current business operations. Sunil Khandekar, CEO and Founder ...
    LRTV Custom TV
    IoT Solutions: Rational Exuberance

    6|19|17   |     |   (0) comments


    IoT solutions are morphing from hype into viable business opportunities. Huawei has the platform and ecosystem support to help carriers successfully address new business opportunities in the IoT space.
    LRTV Custom TV
    Realizing ICN as a Network Slice for Mobile Data Distribution

    6|19|17   |     |   (1) comment


    Network slicing in 5G allows the potential introduction of new network architectures such as Information-centric Networks (ICN) as a slice, managed over a shared pool of compute, storage and bandwidth resource. Services over an ICN slice can benefit from many architectural features such as Name Based Networking, Security, Multicasting, Multi-homing, Mobility, ...
    LRTV Interviews
    Ovum's Mike Roberts on 5G Uptake

    6|19|17   |   04:08   |   (0) comments


    Mike Roberts, research director for Ovum's service provider markets group, explains why he has boosted his 5G subscriptions forecast.
    LRTV Interviews
    AT&T's Hubbard on Intersection of SD-WAN & MPLS

    6|15|17   |     |   (0) comments


    Rick Hubbard, SVP of Network Product Management for AT&T Business Solutions, discusses how AT&T's approach to SD-WAN fits in with its overall virtualization strategy, explains how SD-WAN can improve enterprise customers' use of the cloud and addresses the intersection of SD-WAN and MPLS.
    Telecom Innovators Video Showcase
    Keep Connected IoT Devices Under Control With Allot

    6|15|17   |     |   (0) comments


    Allot AVP of International Pre-Sales, Daniel Keidar, explains how communications service providers can protect infrastructure and service availability from flooding attacks caused by malfunctioning or bot-infected devices connected to their network.
    LRTV Custom TV
    ZTE 5G World Highlights

    6|15|17   |     |   (0) comments


    ZTE showcases its leading 5G innovations at 5G World in London.
    Upcoming Live Events
    October 18, 2017, Colorado Convention Center - Denver, CO
    November 1, 2017, The Montcalm Marble Arch
    November 1, 2017, The Montcalm Marble Arch
    November 30, 2017, The Westin Times Square
    All Upcoming Live Events
    Infographics
    With the mobile ecosystem becoming increasingly vulnerable to security threats, AdaptiveMobile has laid out some of the key considerations for the wireless community.
    Hot Topics
    Verizon Warns of $500M Hit From Yahoo Deal
    Iain Morris, News Editor, 6/16/2017
    Netflix's Lesson in Culture Expectation Settings
    Sarah Thomas, Director, Women in Comms, 6/21/2017
    Kalanick Steps Down as Uber CEO
    Sarah Thomas, Director, Women in Comms, 6/21/2017
    No Imagination: UK Chip Biz Goes Up for Sale
    Iain Morris, News Editor, 6/22/2017
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    Following a recent board meeting, the New IP Agency (NIA) has a new strategy to help accelerate the adoption of NFV capabilities, explains the Agency's Founder and Secretary, Steve Saunders.
    One of the nice bits of my job (other than the teeny tiny salary, obviously) is that I get to pick and choose who I interview for this slot on the Light Reading home ...
    Animals with Phones
    Live Digital Audio

    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. We’ll 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.