x
FTTx

Euronews: Sept. 1

Cable & Wireless Worldwide plc (London: CW), VimpelCom Ltd. (NYSE: VIP), and Vodafone Germany are among the runners 'n' riders in today's roundup of European telecom news nuggets.
  • Shares in London-based Cable & Wireless Worldwide leapt 12.9 percent in morning trading on the London Stock Exchange amid trader rumors of bid interest from US giant AT&T Inc. (NYSE: T), reports Reuters. By 1:30 p.m. in London, the operator's stock was trading at 70.5 pence (US$1.09), up 5.5 percent.

  • In a day of takeover talk, Reuters reports that the board of Russian operator VimpelCom has provisionally approved the acquisition of Italian mobile operator Wind Telecomunicazioni SpA and the purchase of a stake in Egyptian group Orascom Telecom . (See Euronews: August 12.)

  • TeleGeography reports, citing German newspaper Handelsblatt, that mobile operator Vodafone Germany is planning legal action against the might of incumbent Deutsche Telekom AG (NYSE: DT). At issue is DT's bitstream access service, which, says Vodafone, is inadequate. And that simply won't do!

  • Can you hear me, mother? Mobile operator Orange UK has launched a high-definition voice service, reports The Daily Telegraph. Yes, dear, HIGH DEFINITION! Oh, never mind...

  • Orange is big, but some mobile operators aren't -- well, not yet, anyway. The CEO of Belgian mobile firm Mobistar SA , Benoit Scheen (no relation to Charlie, we hope), has been telling newspaper La Libre Belgique that consolidation in the European mobile market is inevitable. According to Scheen, the European market will become more like those in China, India, and the US, reports Reuters, which are dominated by a small number of large players.

  • The UK's Advertising Standards Authority has extended its remit to cover online ads, according to the BBC. The rules will apply to marketing blurb on Facebook and Twitter, as well as on individual company Websites.

  • French media group Vivendi is in the pink following the release of first-half results showing EBIDTA (earnings before interest, depreciation, tax, and amoeba) up 11.9 percent year-on-year, thanks in large part to recent acquisitions of GVT, Activision Blizzard, and SFR . (See Vivendi Posts H1 Results.)

  • euNetworks Group Ltd. has launched the first phase of an ultra-low-latency, fiber-based network dedicated to the City of London's ever-popular financial community. (See euNetworks Updates UK Fiber Routes.)

  • And finally... Mobile apps analytics firm Motally has been bought, like totally, by handset giant Nokia Corp. (NYSE: NOK). (See Nokia Completes Motally Acquisition.)

    — Paul Rainford, freelance editor, special to Light Reading

  • Be the first to post a comment regarding this story.
    HOME
    Sign In
    SEARCH
    CLOSE
    MORE
    CLOSE