What next? A full-blown merger? Euro-giants France Telecom and Deutsche Telekom have moved even closer together and announced a procurement joint venture that sees them clubbing together to buy network gear, service platforms, and the like more cheaply. The pair hope to save about €1.3 billion (US$1.9 billion) annually after three years. (See DT & FT Deepen Ties.)
Happy days for next-generation network owner/operator Interoute, which has revealed it has turned a net profit for the first time in its history, largely thanks to demand for its Unified ICT enterprise services and its pan-European cloud service delivery network. Separately, it has also struck a deal with submarine network Seacom Ltd. for the design, deployment and operation of nine land-based Internet access points that connect the Seacom subsea cable to the broadband fiber networks of East and South Africa. (See Interoute Boasts Profitable 2010, Ethernet Europe: Interoute's 10G Explosion and Interoute Looks Tasty.)
Reduced to clear! Russian retailers have knocked around $100 off the price of Apple Inc. (Nasdaq: AAPL)'s iPhone 4, reports Ria Novosti. It's thought a combination of the Russian holiday season kicking in and the prospect of the iPhone 5 appearing in the fall has prompted the reduction.