T-Mobile Austria has signed a deal with Huawei for the delivery of Long Term Evolution (LTE) capabilities and the renewal of its GSM infrastructure, according to Future Zone. The contract, which runs until 2014, is reportedly worth around €500 million (US$655.8 million).
Serbia has set a minimum price of €1.4 billion ($1.84 billion) for the 51 percent stake it's selling in national operator Telekom Srbija a.d. , reports The Associated Press. As previously reported by Euronews, seven potential bidders have qualified to submit sealed offers for the stake. (See Euronews: Dec. 14.)
Technicolor, the French-owned video technology company, is selling its transmission business to PARTER Capital Group, a private equity investment firm. The business, which operated under the Thomson Broadcast Brand, has 291 employees in five countries and recorded revenues of €43 million ($56.4 million) in 2009. (See Technicolor to Sell Transmission Biz.)
It may or may not still have a reputation for offering a white-knuckle travel experience, but Russian airline Aeroflot can at least now offer in-flight mobile services to take your mind off your predicament. Ria Novosti reports that MegaFon will be providing the wherewithal for mobile calls on the Airbus A321, which is used on domestic and international flights.
The sun-kissed yet tax-efficient Channel Island of Jersey is the unlikely location for a 1-Gbit/s broadband trial, reports the BBC. Jersey Telecom , the operator conducting the trial, claims that this represents the fastest residential connection outside South Korea, and, as usual, makes it a far superior island to its neighbor, Guernsey.
Deutsche Telekom is gearing up for February's E-world show in Essen, Germany, where it will be showing off its smart metering platform to energy providers, meter operators, and those in the housing sector. The system is based on an open IP standard and can, says DT, exchange data with more than 60 electronic meters made by 20 manufacturers. (See Deutsche Telekom Shows Off Smart Metering.)
And finally... Euronews would like to raise its schooner of sweet sherry and wish all its readers a very merry Christmas and a splendiferous 2011.