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Wireless/satellite

Euronews: August 9

9:00 AM -- Kabel BW GmbH & Co. , Inmarsat plc (London: ISAT), and some company called Apple Inc. (Nasdaq: AAPL) top the bill in today's roundup of European telecom news snippets.

  • Pretax profit more than tripled -- from €11 million (US14.5 million) to €39 million ($51.6 million) year-on-year -- at Kabel BW, Germany's third-largest cable operator, reports Nasdaq. Increased sales and lower interest payments lay behind the frisky first-half results.

  • Inmarsat, the British-owned global communications provider, has announced a $1.2 billion investment in three 702HP Ka-band satellites for its planned high-speed mobile broadband offering, Global Xpress, which will target the maritime, energy, and government sectors. (See Inmarsat Gets $1.2B Satellite Investment.)

  • Saturday morning saw the latest example of "Applemania" to afflict the planet when the computer-maker-turned-gadget-shifter opened its biggest store yet, in London's Covent Garden, reports The Guardian. For a picture of silly sods queueing in the rain, click here.

  • Let's hope that not too many of those in the queue were British Broadcasting Corp. (BBC) workers: a Freedom of Information request has winkled out the slightly embarrassing fact that employees of the taxpayer-funded UK behemoth lost mobiles, BlackBerrys, and laptops worth a combined £241,019 ($384,600) during the past two years, reports a red-faced BBC news.

    — Paul Rainford, freelance editor, special to Light Reading

  • digits 12/5/2012 | 4:27:41 PM
    re: Euronews: August 9

    I live about 15 miles from Apple's new London store, yet I'm sure I could hear the screaming Saturday morning as the doors opened... I wonder how many were there to ask when the new iPhone 4 (one that works properly) will be shipping in the UK?

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