Eurobites: Telenor and friends soup up 5G SA network slicing

Also in today's EMEA regional roundup: Q1 earnings from VMO2, Inwit and STC; Pannick stations at Activision Blizzard.

Paul Rainford, Assistant Editor, Europe

May 10, 2023

2 Min Read
Eurobites: Telenor and friends soup up 5G SA network slicing

Also in today's EMEA regional roundup: Q1 earnings from VMO2, Inwit and STC; Pannick stations at Activision Blizzard.

  • Nordic operator Telenor has been leading a project involving Nokia, Enea and others looking to develop a 5G standalone based deployment system that substantially accelerates the deployment of a network slice – reducing the time required from days to minutes – and allows enterprises to order 5G network services "dynamically." The system integrates orchestration software from Nokia and Red Hat, security monitoring from Palo Alto Networks and network monitoring from Emblasoft. The 5G SA core was connected with multiple radio access nodes from Huawei and Ericsson. All services ran on Red Hat OpenShift on Intel and were based on Nokia and HPE hardware. Figure 1: (Source: Eric D ricochet69/Alamy Stock Photo) (Source: Eric D ricochet69/Alamy Stock Photo)

    • UK converged operator Virgin Media O2 says it's on course to meet its full-year guidance after a first quarter that saw transaction-adjusted EBITDA (earnings before interest, tax, depreciation and amortization) rise 2% year-over-year, to £950 million (US$1.2 billion), on revenues that were up 3.9%, to £2.6 billion ($3.2 billion). On the Virgin Media fixed-line side, customers rose 20,900 in Q1 to reach 5.8 million, while on the O2 mobile front, total connections surged by 296,000 in the quarter, hitting 44.9 million. CEO Lutz Schüler described it as a "solid performance," adding that it "laid the groundwork for further progress through the remainder of the year."

    • Italian tower company Inwit is doing well, its first-quarter EBITDA rising 13.6% year-over-year, to €213.8 million ($234 million), on revenues that climbed 12.8%, to €233.6 million ($255.7 million). Inwit now lays claim to 23,300 tower sites, 2.2% up on this time last year. There were approximately 1,080 new hostings recorded, most of them from anchor customers Telecom Italia (TIM) and Vodafone.

    • Saudi operator STC has notched up its highest quarterly revenues ever, reaching 18.18 billion riyal ($4.84 billion), an increase of 7.45% on the corresponding quarter last year. EBITDA, meanwhile, inched up 0.68%, to SAR6.34 billion ($1.69 billion). During the quarter, STC's towers subsidiary, Tawal, agreed a €1.22 billion ($325 million) deal to acquire United Group's tower assets in Europe.

    • It's Pannick stations at Activision Blizzard – City A.M. reports that the computer games maker has hired the former lawyer of deposed UK Prime Minister Boris Johnson, Lord Pannick, to represent its interests at a Competition Appeal Tribunal, after the UK's competition watchdog said no to Microsoft's proposed takeover of the gaming giant on the grounds that the proposed $68.7 billion monster-deal would reinforce Microsoft's advantage in the cloud gaming market by giving it control over blockbuster titles such as Call of Duty and World of Warcraft.

      — Paul Rainford, Assistant Editor, Europe, Light Reading

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About the Author(s)

Paul Rainford

Assistant Editor, Europe, Light Reading

Paul is based on the Isle of Wight, a rocky outcrop off the English coast that is home only to a colony of technology journalists and several thousand puffins.

He has worked as a writer and copy editor since the age of William Caxton, covering the design industry, D-list celebs, tourism and much, much more.

During the noughties Paul took time out from his page proofs and marker pens to run a small hotel with his other half in the wilds of Exmoor. There he developed a range of skills including carrying cooked breakfasts, lying to unwanted guests and stopping leaks with old towels.

Now back, slightly befuddled, in the world of online journalism, Paul is thoroughly engaged with the modern world, regularly firing up his VHS video recorder and accidentally sending text messages to strangers using a chipped Nokia feature phone.

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