Business Transformation

Eurobites: Nokia Enters 'Final Phase' of Alcatel-Lucent Acquisition

Also in today's EMEA regional roundup: Huawei creates more R&D jobs in Ireland; French 4G auction closes; Sky bigs up new set-top box.

  • Nokia Corp. (NYSE: NOK) has entered the home straight of its acquisition of Alcatel-Lucent (NYSE: ALU) with the launch of its public exchange offer for all the outstanding ordinary shares, American depositary shares and OCEANE convertible bonds belonging to AlcaLu. For full details of the financial terms of the offer, click here. The offer will be open for 26 French trading days, until December 23. (See Eurobites: Nokia Gets EC Green Light for AlcaLu Acquisition and Nokia & Alcatel-Lucent: What's Going On?)

  • Huawei Technologies Co. Ltd. has created another 50 jobs in Ireland with the opening of its latest R&D office in Dublin. The office, which will be in effect Huawei's R&D headquarters in Ireland, will focus on business innovation, network services, the cloud and customer experience. The Chinese giant claims to have pumped €35 million ($37.3 million) in R&D into the Irish economy in 2015. Ireland has become a favorite base for technology companies in recent years, not least because of its relatively coffer-friendly tax arrangements. Dublin will also be the venue of Light Reading's forthcoming 2020 Vision Executive Summit, where C-level executives from the likes of Deutsche Telekom, Telefonica, BT and Vodafone will meet to help shape the future of next-generation networking. And possibly drink some of this stuff.

  • The main auction of 700MHz spectrum in France has closed, raising €2.79 billion ($2.97 billion) for the government and awarding the following blocks of 5MHz duplex: two blocks for Orange (NYSE: FTE); two blocks for Iliad's Free Mobile ; one block for Bouygues Telecom ; and one block for SFR . Still to be determined is who gets which slot on the frequency band -- winning candidates have to submit their preferences to regulator Arcep by Thursday, along with the price they are willing to pay for their first choice. The low-frequency spectrum, used for 4G services, is prized for its ability to carry mobile traffic over long distances and inside buildings.

  • Sky has heralded the 2016 launch of Sky Q, which it describes as a "next-generation home entertainment system." Sky Q, says the UK-based satellite broadcaster, will enable customers to, among other things: watch shows from their Sky Q box, whether live, recorded or on demand, anywhere around their home on another TV or tablet; pause viewing on one TV screen and resume where they left off in another room; save TV shows onto a tablet to watch on the move; turn the Sky Q box into a WiFi hotspot; and scroll and swipe on a new touchpad remote to choose what to watch on a revamped TV guide.

  • Orange and its partners have announced the start of the second phase of the Africa Coast to Europe (ACE) submarine cable system, which will extend ACE by 5,000km to South Africa from the island of Sao Tomé & Principe, in the Gulf of Guinea. Once phase two is completed, ACE will cover a total distance of 17,000km, potentially connecting 25 countries to high-speed broadband.

  • Telefónica Business Solutions has extended its agreements with Telecom ItaIia Sparkle covering LTE roaming peering and A2P messaging. The peering agreement is intended to ensure interoperability between TI Sparkle and Telefonica's LTE networks and create a consistent user experience.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

  • COMMENTS Add Comment
    Susan Fourtané 11/19/2015 | 4:39:59 AM
    Re: 2020 Vision Executive Summit Or what about Rovaniemi, crossing the Arctic Circle, and visiting Santa Claus. :D Now that would be an original and fun destination for an Executive Summit. -Susan
    PaulERainford 11/19/2015 | 4:25:32 AM
    Re: 2020 Vision Executive Summit I think the powers-that-be close their eyes and stick a pin in a map of Europe. I'm hoping for Hartlepool next year.
    Susan Fourtané 11/19/2015 | 4:17:00 AM
    Christmas present? For Nokia, the final phase of the Alcatel-Lucent acquisition comes right in time for Christmas. :) -Susan
    Susan Fourtané 11/19/2015 | 3:59:42 AM
    2020 Vision Executive Summit It seems like Light Reading like wintery destinations. :D Nice cities, indeed. How are the cities chosen, Paul? -Susan
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