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Business Transformation

Eurobites: EC Spells Out Digital Single Market

Also in today's EMEA regional roundup: Huawei opens R&D command center; Nokia upgrades GSM-R in Greece; Interoute facilitates cross-border current account.

  • The European Commission has been banging on about a "digital single market" within the European Union for quite a while, but now it has finally unveiled full details of its proposals. The three-pillar, 16-point plan covers e-commerce, so-called "geo-blocking" of digital services, copyright law and data privacy, among other things. Telcos will no doubt be most interested in the promised "ambitious overhaul of EU telecoms rules," which will include more effective spectrum coordination, incentives for investment in high-speed broadband and the creation of a level playing field in the market. According to a EurActiv report, the plan is intended to ensure that Europe does not fall behind the rest of the world in the digital stakes. Andrus Ansip, the Commission's vice-president for the Digital Single Market, said: "The strategy is just the start, not the target." (See Eurobites: EC Plots Its Digital Single Market and Euronews: Single Telecom Market Is Go!)

  • Huawei Technologies Co. Ltd. has cut the ribbon on its new European Research Institute (ERI) in Leuven, Belgium. The ERI will oversee the work of the 18 R&D sites that the Chinese vendor has already established across Europe, with 5G projects taking center stage.

  • Nokia Networks has been given another GSM-R upgrade gig, this time in Greece, for OSE, the country's national railway operator. Nokia has 29 GSM-R networks deployed globally.

  • Orwell, a pan-European financial services group, has chosen Interoute Communications Ltd. to host its new cross-border online current account, Ipagoo, which is not to be confused with this.

  • Siemens AG (NYSE: SI; Frankfurt: SIE), which still has a finger or two in the Internet of Things pie, is to cut another 4,500 jobs worldwide, according to a BBC report. The proposed redundancies come on top of more than 7,000 job losses announced several months ago.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

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