Managed Services

Euronews: Oct. 14

Nokia Networks , Telecom Italia (TIM) , Telekom Srbija a.d. , and Telekomunikacja Polska SA are the leading lights in today's roundup of Euro telecom news nibbles.

  • NSN is adding to its professional services capabilities in Turkey and the broader Middle East and Eastern Europe region with the acquisition of IRIS Telecommunication and Engineering Services Inc. , a move that could aggravate NSN rivals such as Huawei Technologies Co. Ltd. (See NSN Buys Turkish Services Firm.)

  • Telecom Italia (TIM) is taking control of Telecom Argentina (NYSE: TEO) by increasing its stake in Sofora Telecomunicaciones S.A., the holding company that owns the Argentine operator, from 50 percent to 58 percent. (See T Italia's Latino Lunge.)

  • Everything must go! Hard on the heels of the news that Ukraine's state-run telco JSC Ukrtelecom is up for privatization, Global Telecoms Business reports that the Serbian government is planning to sell half of its stake in Telekom Srbija a.d. to other European operators, raising, it hopes, at least €1.6 billion (US$2.2 billion) in the process.

  • The Warsaw Business Journal reports that the Orange (NYSE: FTE)-owned Polish incumbent Telekomunikacja Polska SA has reversed out of a possible bid for cable company Aster after taking a long, hard look at what it was (almost) buying.

  • Bulgarian fixed-line operator Vivacom is on the verge of having a new owner, reports Novinite.com. Chinese telecom tycoon Richard Li has been battling with Oger Telecom for control of Vivacom in recent months after it was put up for sale by insurance giant AIG.

  • Deutsche Telekom AG (NYSE: DT)'s T-Mobile Deutschland GmbH is to lose its exclusive right to sell Apple Inc. (Nasdaq: AAPL)'s iPhone in the Netherlands, reports The Wall Street Journal, as KPN Telecom NV (NYSE: KPN) and Vodafone Netherlands get to have a go.

  • And while we're in the land of the windmills... A controlling stake in Dutch fiber maker Draka Holding NV (Amsterdam: DRAK.AS) has been put up for sale, according to DutchNews.nl, citing Financieele Dagblad. Italy's Prysmian SpA , which tried and failed to buy Draka once before, is one of the parties reportedly interested in the Fentener van Vlissingen family's 43.9 percent stake.

  • UK cable operator Virgin Media Inc. (Nasdaq: VMED) is close to signing an agreement with Spotify following its failure to make sufficient headway with its own online music venture, according to The Daily Telegraph. The plan is for Spotify to offer new tools and content exclusively to Virgin customers, says the source cited.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

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