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Eurobites: Nokia & TI Go Scouting for Startups

Also in today's EMEA regional roundup: Orange denies Telecom Italia tie-up; Telefónica chooses "Onlife"; Monitise woes continue.

  • Nokia Networks and Telecom Italia (TIM) have signed a two-year agreement that will see them go jointly scouting for startups operating in such areas as NFV, SDN, RAN and next-generation SON. They will be looking mainly, but not exclusively, to find innovative companies in Silicon Valley. The two companies have worked together for nearly 20 years on various projects, including the testing of HSUPA 16QAM technology. (See Nokia, Telecom Italia Go Scouting for Hot Startups.)

  • In other Telecom Italia news, Orange (NYSE: FTE) has denied rumors that is in talks about a potential tie-up with the Italian incumbent. It told Reuters that it was simply "working with banks to finetune its view of the evolution of the telecoms sector in the context of a single market on a five- to ten-year horizon."

  • Telefónica boss César Alierta has been busy presenting his company's "strategic plan" at the carrier's Encuentro meeting in Madrid, to which all of Telefonica's 125,000 employees worldwide were invited. The plan, apparently, is to transform the company into an "Onlife Telco," translated by Telefónica as a "company that promotes connections in life for people to choose a world of infinite possibilities." We're not entirely sure what that means but it certainly sounds like A Vision.

  • Monitise plc , the troubled UK-based mobile payments company, has lost its finance chief, reports the Daily Telegraph. The departure of Brad Petzer comes only two months after chief executive Elizabeth Buse stepped down unexpectedly.

  • The UK city of Peterborough, located about 80 miles north of London, is ambitiously positioning itself alongside Singapore, Hong Kong and Tokyo in terms of its digital infrastructure, as it officially launches Digital City Peterborough today. Peterborough already boasts an "ultrafast" citywide fiber network, which connects 107 public sector sites with gigabit-speed services, and now it is looking for more companies to relocate to the city and take advantage of its pipes. CityFibre , one of a handful of companies challenging BT on the fiber rollout front, was closely involved with the Peterborough project.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

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