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Big Data

Eurobites: Will Big Data Change M&A Forever?

Also in today's EMEA regional roundup: Hutchison opens up another front in M&A battles; BT finance chief steps down; Nokia touts smart service delivery.

  • Might the way the competition authorities consider potential mergers and acquisitions have to change in the era of big data? That's the question being posed by the president of the German antitrust watchdog, reports Reuters, citing Sueddeutsche Zeitung. Andreas Mundt told the paper that the vast reserves of personal data held by some technology companies should be taken into account in M&A deals, even if that data relates to customers living in territories where, officially at least, no revenues are posted.

  • CK Hutchison Holdings, the Hong Kong-based conglomerate which controls 3 Group Europe, has another potential antitrust battle on its hands, as it has formally notified the European Commission that it plans to combine 3 Italia with VimpelCom Ltd. (NYSE: VIP)'s Wind Telecomunicazioni SpA , reports the Financial Times (subscription required). The deal, if approved, would create Italy's largest mobile operator, with 32 million customers. CK Hutchison is already in talks with the Commission over the proposed merger of the UK's Three UK with Telefónica UK Ltd. (O2). (See Eurobites: Virgin Media Blesses 3/O2 Deal, Hutchison Offers Major Concessions to Seal 3/O2 Deal and Telefónica Seals $15.2B O2 Sale to Hutchison.)

  • The finance director of BT Group plc (NYSE: BT; London: BTA), Tony Chanmugam, is to step down, reports the Daily Telegraph, in a move that forms part of a wider reorganization of BT's management structure following its acquisition of mobile operator EE. (See BT Restructures, Boasts Best Quarter in 7 Years.)

  • Nokia Corp. (NYSE: NOK) has introduced what it calls a "cognitive service platform," which, says the vendor, uses machine learning and predictive analytics to automatically provide intelligent network services to operators over the cloud. See this press release for more details of Nokia AVA.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

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