Euronews: NSN Stake Bids Fall Away

Nokia Networks , KPN Telecom NV (NYSE: KPN) and BT Group plc (NYSE: BT; London: BTA) take their places in the line-up of usual suspects in today's regional roundup.

  • Only one private equity bidder remains interested in buying a stake in NSN, according to the Financial Times (subscription required). The newspaper reports that Kohlberg Kravis Roberts & Co. (KKR) and TPG Ventures are no longer interested, leaving a private equity consortium comprising Gores Group LLC and Platinum Equity LLC as the remaining suitor. (See NSN Finally Seals $975M Moto Deal.)

  • There could be bad news for Dutch incumbent KPN in the offing, reports Reuters, if the Netherlands government goes ahead with a proposal to ban operators from charging extra for certain free VoIP services, such as Skype. France Telecom already charges customers for using Skype. (See KPN Cuts 2011 Forecast, Plans Job Losses and Mgmt World: KPN Would Like the Lasagna, Please.)

  • U.K. operators BT and Telefónica UK Ltd. (trading as O2) have accused regulator Ofcom of effectively offering illegal state aid to their rivals by setting a minimum spectrum "floor" for next year's 4G auction, reports The Guardian. (See UK Plots 4G Spectrum Auction .)

  • The sale of Swedish cable company Com Hem AB is proving a tempting proposition, with four bidders having made it through to the second round, reports the Financial Times (subscription required). Com Hem is the main challenger to Telia Company in Sweden's broadband market. (See Cable Catchup .)

  • Former Saatchi & Saatchi man Niall Dunne has been appointed head of greenwash -- sorry, make that "chief sustainability officer" -- at BT. (See Does Green Telecom Make Cents?, Mobile Handset Makers Struggle to Go Green, Will Green Sell? Telcos Try and Everything's Gone Green.)

    — Paul Rainford, Assistant Editor, Europe, Light Reading

  • digits 12/5/2012 | 5:02:26 PM
    re: Euronews: NSN Stake Bids Fall Away

    NSN is oly just swallowing a $1 billion chunk of Motorola. If I was a potential investor I would wait to make sure that doesn't cause corporate or market indigestion, and if it all works out, and if I was Nokia and Siemens, I would also consider an IPO.

    digits 12/5/2012 | 5:02:24 PM
    re: Euronews: NSN Stake Bids Fall Away

    Nokia says talks ongoing with multiple parties



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