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Euronews: ST-Ericsson CEO Resigns

ST-Ericsson, Telecom Italia SpA and Telecom Egypt feature in today's trawl of the EMEA headlines.
  • After just slightly more than a year in the job, Didier Lamouche has resigned from his position as CEO of struggling chip joint venture ST-Ericsson. He will leave "to pursue other opportunities" at the end of the month. (See ST-Ericsson CEO Quits, Euronews: ST-Ericsson Appoints New CEO and ST-Ericsson Revamps, Cuts 1,700 Jobs.)
  • Telecom Italia recorded a hefty full-year loss of €1.6 billion (US$2 billion) in 2012, though it was considerably less hefty than its loss the previous year -- €4.8 billion ($6.2 billion). A goodwill writedown relating to the purchase of Olivetti in 1999 was partly blamed for the loss, though the state of the telecom market in southern Europe obviously didn't help.
  • Doing rather better is Telecom Egypt, the landline monopoly. It reported fourth-quarter net profits of 452 million Egyptian pounds ($66.91 million) and full year net profits of 2.61 billion Egyptian pounds ($386 million).
  • Jolla, the Finnish handset maker, has chosen domestic consumer product specialist Infinity to design its new smartphone. Infinity's other customers include Huawei Technologies Co. Ltd., Nokia Corp. and BMW. (See Infinity Has Designs for Jolla.)
  • Ballooning bids have led to the suspension of the 4G spectrum auction in the Czech Republic, reports Reuters.
  • VIPnet, Telekom Austria AG's Croatian subsidiary, has acquired satellite TV operator Digi TV for an undisclosed sum. The deal enables VIPnet to add digital satellite TV services to its existing range of fixed and mobile communications and video services, which already includes cable TV.
  • Teraco Data Environments, the South African data center operator, has hooked up with the Amsterdam Internet Exchange B.V. (AMS-IX), which interconnects with more than 550 IP networks.
  • Mobile phone operators are among the organizations that people trust least with their personal data, according to the results of a survey of 2,000 people in the U.K. commissioned by Avaya Inc. and its contact center partner Sabio.
  • Zut alors! Residents of and visitors to the village of St Margaret-at-Cliffe at the foot of the U.K.'s iconic white cliffs of Dover have been disgruntled to find they are being charged for using the mobile networks of France -- which is only 18 miles away, across the English Channel -- rather than their domestic one. The Guardian reports that the landlord of the local pub put it thusly: "We are a little telecommunications enclave of France here." — Paul Rainford, Assistant Editor, Europe, Light Reading

  • Ray Le Maistre 3/11/2013 | 12:26:00 PM
    re: Euronews: ST-Ericsson CEO Resigns There's a lot of excitement around what Jolla is doing in terms of its smartphone operating system (OS) so I'll be interested to see if its design partner can come up with something that's going to make the Jolla device stand out in a very crowded market.-á
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