Euronews: Nov. 9

Vodafone Group plc (NYSE: VOD), Swisscom AG (NYSE: SCM), and Skype Ltd. are calling the shots in today's roundup of Euro telecom news nuggets.

  • Mobile giant Vodafone announced its -- encouraging -- fiscal half-year results and took the opportunity to unveil a new drive to squeeze more value out of its minority holdings worldwide. It also revealed that it will pocket £3.1 billion (US$5 billion) from the sale of its holdings in Japan's SoftBank Corp. (See Vodafone Updates Strategy, Profit Outlook, Vodafone Reports H1, and Vodafone Sells Softbank Holding.)

  • Mixed news at operator Swisscom, which revealed an 8.2 percent drop in net income year-on-year in its third-quarter results, largely due to VAT issues at its Italian subsidiary Fastweb SpA (Milan: FWB). On the plus side, however, subscribers to its TV service have almost doubled, to 358,000, since September 2009. (See Swisscom Reports 9M.)

  • As a gesture to mark what is, apparently, Internet Week Europe, Skype is offering free public WiFi access across the UK until November 12, reports The Daily Telegraph. Those wanting to take up the offer will have to do so through the Skype Access service and be in a WiFi hotspot.

  • Regulatory measures have hit the revenues of Slovak Telekom , where revenues are down 4 percent year-on-year, reports Wireless Federation. — Paul Rainford, Assistant Editor, Europe, Light Reading

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