Wholesale/transport services

Euronews: AlcaLu Bites Into the Core

Alcatel-Lucent (NYSE: ALU), Iliad (Euronext: ILD) and SFR are on deck for today's trawl through the EMEA headlines.

  • AlcaLu is to unveil what it is calling a "groundbreaking innovation in core networking" during its annual technology meeting in Santa Clara, Calif., on May 22. The vendor is keeping the details to itself for the moment, but a core router development that builds on its FP3 chip seems likely. (See AlcaLu Issues 400G Router Challenge, Broadcom Plays Foundry to AlcaLu and AlcaLu Unveils FP3 Processor.)

  • The juggernaut-like impact of Iliad's entry into the French mobile market with its Free brand is plain for all to see in Iliad's first-quarter results. In slightly less than three months Free gained 2.6 million mobile subscribers, representing nearly 4 percent of market share. Things on the fixed side weren't too shabby either, as 191,000 new broadband subscribers were added in the quarter net of terminations. (See Iliad's Q1 Revenues Reach €656M and Iliad Disrupts the French Mobile Scene .)

  • Of course, the flip side of Iliad's barnstorming performance is reflected in the first-quarter financials of SFR, the Vivendi subsidiary. It saw its postpaid mobile customer base shrink by 274,000 subscribers during the quarter and its revenues fall by 4.2 percent year-on-year to €2.92 billion (US$3.75 billion). (See Vivendi Posts €7.1B Revenue in Q1, SFR Sets Femtos Free in France and Vodafone Sells SFR Stake for $11B.)

  • Tough times in Europe hit the first-quarter revenues of Russian giant VimpelCom Ltd. (NYSE: VIP), where profits fell 36 percent year-on-year. (See Vimpelcom Reports Q1 Profit of $318M and Russian Into LTE.)

  • Work on the $400 million MENA Cable project that was supposed to link up Europe, the Arabian Gulf, North Africa and Asia, has been suspended, according to a report on the Zawya website. The project is a joint venture between Orascom Telecom and three smaller partners, and problems with government permits are cited as a reason for the downing of tools. (See ALU Wins Orascom Subsea Deal.)

    — Paul Rainford, Assistant Editor, Europe, Light Reading

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