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Euronews: Sept. 22

Nokia Networks , Capgemini , Orange (NYSE: FTE), and Google (Nasdaq: GOOG) are the big names at the heart of today's European telecom news collective.

  • Nokia Siemens Networks (NSN) is transferring about 390 staff, and handing over the management of more than 300 contractors, to Capgemini, which is to "provide order management services to Nokia Siemens Networks, including preparation for delivery, customer order management, distribution and customer invoicing, while customer facing activities will remain with Nokia Siemens Networks." NSN, which is looking at numerous cost-cutting options in an effort to become operationally profitable, says it will outsource the order management operations in a "phased manner between November 2010 and the end of 2011." NSN staff in Brazil, China, Finland, Germany, and India will be affected. (See NSN Outsources to Capgemini, Nokia Siemens Seeks Cash, and NSN's 2010 Confidence Slips.)

  • France Telecom is to splash out €640 million (US$851 million) on a 40 percent stake in Morocco's second biggest carrier, Médi Télécom S.A. (Méditel) , which has more than 10 million mobile subscribers. "The acquisition of this stake in Médi Télécom is the first concrete step in our new policy of expansion outside Europe, and contributes to our stated aim of doubling our revenues in Africa and the Middle-East over the next five years," stated FT's CEO Stéphane Richard in a prepared statement. The French giant's timing looks good: Analysts at Pyramid Research expect the Moroccan market to become much more competitive in the next five years, with Méditel among the service providers set to benefit. (See France Telecom Buys Into Meditel and Pyramid: Three's a Crowd in Morocco.)

  • Vittorio Colao, CEO of British mobile giant Vodafone Group plc (NYSE: VOD), has poured cold water on speculation that his company might be about to merge with Verizon Wireless , in which it holds a 45 percent stake, Reuters reports. (See Euronews: Sept. 20.)

  • Better-than-anticipated smartphone sales have prompted German chip vendor Infineon Technologies AG (NYSE/Frankfurt: IFX) to raise its full-year outlook, with the company predicting year-on-year revenue growth of around 50 percent when it reaches fiscal year-end on September 30. Infineon, though, has already agreed to sell its successful wireless chip business to Intel Corp. (Nasdaq: INTC), in a deal that's expected to be completed in the first quarter of 2011. (See Infineon Boasts Strong Q4 and Intel Looks to Infineon for the Full SOC.)

  • The German government has responded to widespread disquiet over the imminent launch of Google's Street View mapping service in the country's Straßen by telling the search giant that it and other Internet-related companies must come up with an acceptable set of privacy standards by December 7, reports The Register. (See Euronews: August 11 and Euronews: August 18.)

    In other European news:



    — Paul Rainford, freelance editor, special to Light Reading

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