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Euronews: Nokia Bigwig Jumps to Sonera

Nokia Corp. (NYSE: NOK), Telia Company and Ericsson AB (Nasdaq: ERIC) start the week in today's jog through the EMEA news headlines.

  • One of Nokia's top-table managers has jumped ship to become president and CEO at Sonera, TeliaSonera's Finnish operation. Robert Andersson, who has held various significant posts at Nokia, including senior vice president of Strategic Alliances and Business Development, will take up his new role on May 14. (See Sonera Gets a New CEO.)

  • Ericsson has completed its acquisition of BelAir Networks Inc. , the Canada-based carrier-grade small cell/Wi-Fi specialist, for an undisclosed sum. The deal underlines how important Wi-Fi technology has become to mobile operators as a way to add capacity in high traffic zones and to offload mobile data traffic from congested radio access networks. (See Ericsson Completes BelAir Acquisition, Ericsson CTO Talks BelAir Buy and Ericsson Adds Wi-Fi With BelAir Buy .)

  • Turkish operator Turkcell Iletisim Hizmetleri A.S. (NYSE: TKC) has sued South Africa's MTN Group Ltd. over an alleged breach of international law in its successful bid for Iran's first private GSM license. Turkcell says it was initially awarded the license in 2004 but that Iran changed its mind following improper advances from MTN. Turkcell's carefully worded statement on the matter says: "Newly received information by Turkcell indicates that the signing of the license agreement with MTN instead of our Company was a consequence of MTN's actions at that time." But Reuters reports that MTN's former CEO, Phuthuma Nhleko, categorically denies that he authorized any bribes to Iranian or South African officials. (See Turkcell Sues MTN.)

  • MTN's South African rival, Telkom SA Ltd. (NYSE/Johannesburg: TKG), has been forced to halt a US$1.69 billion network overhaul after infrastructure joint venture ZTE Mzansi won a court order halting the project, reports Reuters, citing Business Day. ZTE Mzansi went to the courts after being disqualified from the bidding process relating to the project.

  • After taking up the chairmanship of chip-maker ARM Ltd. , Sir John Buchanan has decided he can no longer continue as the deputy chairman of Vodafone Group plc (NYSE: VOD), reports the Daily Telegraph. — Paul Rainford, Assistant Editor, Europe, Light Reading

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