Euronews: Feb. 8

Telenor Group (Nasdaq: TELN), Tele2 AB (Nasdaq: TLTO) and PacketFront AB make it a Scandinavian 1-2-3 in today's roundup of Euro telecom news headlines.

  • It's a familiar story of strong growth in emerging markets but a bit of a struggle closer to home for Norwegian-owned Telenor, which posts its fourth-quarter results today. Organic revenue growth of 13 percent year-on-year was recorded in Asia, but this was dragged down to a growth rate of 8 percent overall by its performance in the Nordic and CEE markets where, said the company, "innovative market approaches and further cost measures" may be required. (See Telenor Posts Q4 Results, Euronews: Jan. 31 and Telenor Changes CEOs .)

  • Swedish carrier Tele2 also reveals its fourth-quarter results today, and it appears to be doing a little better on the home front than its Norwegian rival, with mobile revenues in Sweden rising by 12 percent year-on-year thanks to -- you've guessed it -- demand for smartphones and their attendant data services. Net profits for the full year were up an impressive 36 percent year-on-year to 6.48 billion Swedish Kronor (US$1 billion). (See Swedish LTE Challengers Wield Unlimited Offers and LTE Showdown in Sweden .)

  • Still in Sweden, FTTH specialist PacketFront is trumpeting its role in a "Gigabit-to-the-home" project in the municipality of Västerås, initially connecting 240 households to what might have to be called super-duper-fast broadband. Mälarenergi Stadsnät, a utility company, is deploying the hardware. (See PacketFront Touts Gigabit-to-the-Home and Swedes Need 1-Gig.)

  • When billing goes bad: Bloomberg reports that UK broadband provider TalkTalk managed to lose 25,000 subscribers in its third quarter when the integration of acquired Tiscali customers onto its billing system went less than smoothly. (See Ofcom Warns TalkTalk, Tiscali.)

    — Paul Rainford, Assistant Editor, Europe, Light Reading

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