Nokia Corp. (NYSE: NOK), U.K. mobile operators and Telefónica SA (NYSE: TEF) loom large in today's jog through the EMEA telecom headlines.
Nokia is looking into the possibility of selling its headquarters in Espoo -- though the company claims it has no plans to move away from the site. Website YLE, citing Finnish dailies Helsingin Sanomat and Ilta-Sanomat, reports that the ailing handsets giant is considering becoming a tenant in the concrete and glass complex, which sits beside the Baltic Sea and is estimated to be worth up to €300 million (US$388 million). (See Euronews: Carnage at Nokia and Euronews: Nokia Cash Burn Freaks Analysts.)
PacketFront Solutions, the managed services arm of fixed access technology specialist PacketFront AB , has formed a systems integration partnership for the Swedish market with Alcatel-Lucent (NYSE: ALU). The systems integrator believes that a combination of PacketFront's BECS provisioning software and AlcaLu products is "the most powerful solution for centralized subscriber management."
At the European Telecommunications Network Operators' Association (ETNO) conference in Brussels on Tuesday, telecom movers and shakers put their weight behind the creation of a so-called Connecting Europe Facility which, if we can decipher the Brussels-speak correctly, is a pan-European financial instrument that will enable those in charge to lay their hands on up to €50 billion ($64 billion) of funding for strategic infrastructure projects, including broadband rollouts.
Orange (NYSE: FTE) CEO Stephane Richard obviously believes in telling it like it is: Bloombergy reports that he said the rollout of 4G is vital because it will enable the operator to, erm, charge more. "There will be a premium. The model with HSPA+ has made it clear that customers will pay," he said in an interview at the ETNO conference in Brussels on Tuesday.