Comms chips

Euronews: Deutsche Telekom Confirms Guidance

Deutsche Telekom AG (NYSE: DT), OTE S.A. and ARM Ltd. launch today's party compilation of EMEA telecom headlines.

  • Deutsche Telekom has confirmed its guidance for the full year 2011 following the release of its third-quarter financials. Though revenue was down 4.1 percent and EBITDA (earnings before interest, tax, depreciation and amortization) down 2.7 percent year-on-year, net profit was actually up 14.6 percent to €1.1 billion (US$1.49 billion). Domestically, mobile data revenue was one of the growth areas for the cost-cutting operator, rising 26 percent as the use of smartphones became more widespread. (See Deutsche Telekom Makes €1.1B Profit in Q3, Euronews: DT Slumps Following AT&T Bombshell, Brutal Q2 for Deutsche Telekom and Euronews: Deutsche Telekom Wields the Axe.)

  • No pleasant surprises for Greek operator OTE, which posted a 17.3 percent year-on-year fall in net profits in its third-quarter results, reflecting the dire state of the domestic economy. Positive performances in Bulgaria and Romania helped ease the pain a little. (See OTE Cuts Pay and Euronews: DT Ups Its Hellenic Holding.)

  • ARM, the U.K.-based chip designer, has gladdened the hearts of smartphone gamers everywhere with the release of its latest offering, the Mali-T658 GPU, which the vendor says offers ten times the graphics performance of its predecessor, the Mali-400 MP GPU.

  • Tariff-tumbling and a volatile local currency took its toll on Kenyan operator Safaricom Ltd. , which saw its first-half net profits fall 47 percent year-on-year to 4 billion Kenyan Shilling ($42 million).

  • Vodafone Group plc (NYSE: VOD), which is still rationalizing its international holdings, has sold its 24.4 percent stake in Polish operator Polkomtel SA to Spartan Capital Holdings for approximately €920 million ($1.2 billion). (See Vodafone Completes Polkomtel Stake Sale.)

  • And finally, in the "tell us something we don't know" slot comes a study from TNS revealing that most consumers are less than thrilled to see Facebook and other social networks being hijacked by business for commercial purposes. More than 60 percent of social network devotees in the U.K. (and the U.S. for that matter) do not want to "engage" with brands in this way -- all it's doing, says the study, is creating a "mountain of digital waste." Yuck. (See Study: Brands Wasting Effort on Social Networks.)

    — Paul Rainford, Assistant Editor, Europe, Light Reading

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