x
Gigabit

Euronews: ECI Telecom Restructures

Also in today's EMEA roundup: Telecom Italia shareholders reject Telefónica bid; Huawei scores in Poland; Nokia tablet "delayed."

  • Transport and broadband access infrastructure vendor ECI Telecom Ltd. is reportedly laying off about 25 percent of its 1,000-strong workforce in Israel to cut costs as competition intensifies in the optical and broadband equipment sectors, according to reports in the Israeli business press, including this story from Haaretz. Privately held ECI, which has been pushing hard in the past few years with its packet/optical platform and targeting 100G opportunities, employs about 2,000 staff globally and is believed to generate annual revenues in the $600-800 million range. (See DFN-Verein Upgrades to 100G With ECI, ECI Runs 100G for Bezeq, MTS Deploys ECI's Apollo, and ECI Pins On Its 100G Badge.)

  • Key shareholders in the holding company that controls Telecom Italia (TIM) have spurned an €800 million (US$1 billion) bid from Telefónica SA (NYSE: TEF) for part of their stakes, according to a report on Reuters, which cites newspaper Il Sole 24. (See Euronews: Telecom Italia Suffers Sales Slump.)

  • Poland's Polkomtel SA has chosen Huawei Technologies Co. Ltd. to deploy a 100G backbone to help it cope with an anticipated hike in data traffic following the rollout of its LTE network. Huawei will use a combination of core routers and OTN-based WDM transport products.

  • Has Nokia Corp. (NYSE: NOK)'s new device product delivery schedule been thrown into disarray following the announcement of its planned sale to Microsoft Corp. (Nasdaq: MSFT)? Reuters reports that the handsets vendor has delayed the launch of a promised small tablet (or "phablet"), which was initially due for release later this month, by "several weeks." (See Nokia Sells Devices Business to Microsoft , and Euronews: Nokia Tablet Due Next Month?)

  • Orange Spain believes the network-sharing deal agreed between rivals Telefónica and Yoigo is anti-competitive and wants it suspended, according to this Reuters report. The deal, signed last month, allows Yoigo, a Telia Company subsidiary, to use Telefónica's fixed-line broadband network in return for Yoigo granting Telefónica access to its 4G mobile network.

  • Virgin Media Business Ltd. , the enterprise arm of UK cable operator Virgin Media Inc. (Nasdaq: VMED), has launched a "business-grade" 4G service for public- and private-sector organizations on EE 's network.

  • Portuguese customer relationship management (CRM) software specialist Altitude Software has appointed technology sector veteran Alfredo Redondo as its new CEO. Former CEO Gastão Taveira becomes president of the Service Provider Information Technology (SPIT) company and non-executive chairman.

  • MobilTel (M-Tel) , the Bulgarian subsidiary of Telekom Austria AG (NYSE: TKA; Vienna: TKA), has appointed Thanasis Katsiroumpas as its new CEO, replacing Andreas Maierhofer, who is returning to Austria.

  • Hub One, the communications service provider for Paris's three major airports (Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget) is deploying a new OSS system from Netcracker Technology Corp. . For more details, see this press release.

  • Vodafone Netherlands has turned to SpiderCloud Wireless 's small cells to provide in-building wireless coverage for enterprise customers. In one greenfield project for the Dutch operator, SpiderCloud deployed 46 radio nodes across three floors of an office building. (See Vodafone Deploys SpiderCloud's Small Cells.)

  • A new study published by Ericsson AB (Nasdaq: ERIC), Arthur D. Little and Chalmers University of Technology, claims to have identified a link between broadband speeds and household income, with the average increase in household income for a broadband speed upgrade from 4 Mbit/s to 8 Mbit/s being $120 per month in OECD countries. But what about all that dosh you have to spend to get that upgrade in the first place?

    — Paul Rainford, Assistant Editor, Europe, Light Reading

  • PaulERainford 9/17/2013 | 12:04:32 PM
    Re: No cable news today? Sorry Alan, my cable well hath runneth dry. I've let you down and I've let myself down. I'm standing in corner with big D hat on, if that's any consolation.
    albreznick 9/17/2013 | 11:50:36 AM
    No cable news today? What, no cable news today, Paul? I'm disdappointed. I've gotten used to the steady drumbeat of European cable moves each day. Got at least a tidbit for me? 
    RitchBlasi 9/17/2013 | 10:05:15 AM
    Nokia Microsoft I would imagine they want to get on with this as soon as possible because, as reported, Nokia delayed it's small tablet...probably in anticipation of the merger.  Separate or combined, these companies have to deliver something before Samsung takes an even larger portion of the pie.  While the Lumina is a nice device complete with the quality Nokia has always been touted for, they can't expect it will do for them what the iPhone did for Apple.   
    PaulERainford 9/17/2013 | 7:52:03 AM
    Nokia uncertainty Wonder how the news of Nokia's probable sale to Microsoft have affected sales of the Lumia, once touted as Nokia's 'saviorphone'. It will interesting to see the next set of results.
    HOME
    Sign In
    SEARCH
    CLOSE
    MORE
    CLOSE