Euronews: March 10

Telefónica UK Ltd. , Nokia Corp. (NYSE: NOK) and Telecom Italia (TIM) top the bill in today's helping of Euro telecom news headlines.

  • U.K. mobile operator O2 has made its first move into the potentially lucrative smart-metering market with the signing of a multi-million-pound deal with G4S, a smart-meter operations firm. Under the terms of the three-year deal, O2 will provide M2M technology, including around 200,000 SIM cards, to connect smart meters across the U.K. to G4S’s data center. (See O2 Makes Smart-Meter Move and Smart Grid Creates Lucrative Market.)

  • It appears that Samsung Corp. is on the hunt for Nokia engineers who might be considering their options in the wake of the recent "Nokisoft" announcements, according to a Samsung official newsletter item picked up by Finnish website YLE. The gist of it is: If you fear for Symbian's future, come and work on Bada, Samsung's smartphone operating system. (See Samsung Sees Open Water With 'Bada' and RIP Symbian & MeeGo: Nokia Ties Future to WP7.)

  • Telecom Italia has spent US$145 million to increase its stake in Sofora, the holding company controlling Telecom Argentina (NYSE: TEO). It now holds 68 percent of Sofora's capital, up from 58 percent. As a result its economic interest in Telecom Argentina rises to 21.1 percent from 18.3 percent. (See Telecom Italia Ups Argentinian Stake, T Italia's Latino Lunge and Euro Carriers Catch Latino Fever.)

  • The BBC reports that residential broadband users across Europe are sacrificing speed for convenience by opting for Wi-Fi rather than a fixed connection. It cites a study by Epitiro which ran 1 million tests over 14,000 Wi-Fi connections in the UK, US, Spain and Italy found that Wi-Fi links are, on average, 30 percent slower than their plugged-in equivalents.

    Elsewhere in Europe:

    — Paul Rainford, Assistant Editor, Europe, Light Reading

  • digits 12/5/2012 | 5:10:42 PM
    re: Euronews: March 10

    Thanks Paul for the astute hyperlink in the final item.

    I have just bought an Austin Allegro on ebay and have applied to join The Sweeney.

    Gabriel Brown 12/5/2012 | 5:10:41 PM
    re: Euronews: March 10

    My grandad had an Allegro. Not sure he had the 5-speed thou.

    pfloyd33 12/5/2012 | 5:10:41 PM
    re: Euronews: March 10

    I don't think The Sweeney accepts people from Jersey, on principle.

    Sign In