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Euronews: Telekom Austria Slashes Dividend

Paul Rainford
9/25/2012

Telekom Austria AG (NYSE: TKA; Vienna: TKA), SFR and ADVA Optical Networking (Frankfurt: ADV) loom large in today's romp through the EMEA headlines.

  • Worries about the "intensification" of domestic competition prompted Telekom Austria to slash its dividend for 2012 from €0.38 per share to €0.05 per share, and to maintain that level for 2013 too. The postponement of the spectrum auction in Austria to 2013 -- and the attendant need for cash -- is also a factor. Separately, Carlos Slim's upping of his stake in Telekom Austria, to 22.76 percent, has been confirmed. (See Telekom Austria Cuts Dividend, América Móvil Seals Telekom Austria Stake and Euronews: Slim Takes a Breather.)

  • SFR, France's second-largest mobile operator with about 20 million subscribers, announced plans to launch Long Term Evolution (LTE) services in the city of Lyon on Nov. 28. The operator also said that it will cover 60 percent of the country's population with its dual-carrier HSPA 3G network, which has downlink speeds up to 42 Mbit/s and is supported by a range of devices including Apple Inc. (Nasdaq: AAPL)'s iPhone 5, Motorola Inc. (NYSE: MOT)'s RAZR HD and High Tech Computer Corp. (HTC) (Taiwan: 2498)'s One XL. Also interesting is the operator's new shared mobile data package, which allows subscribers to have two SIM cards and use between 2GB and 6GB on multiple devices. (See Euronews: FT Commits to LTE Rollout.)

  • Germany's ADVA has been chosen by DE-CIX, which describes itself as the world's largest Internet Exchange, to connect its core Frankfurt data centers with multiple 100G Metro channels. DE-CIX currently operates using 10G services. (See ADVA Lands German 100G Metro Deal.)

  • A couple of billing developments to report: British-owned Bango Inc. has integrated its mobile Web carrier billing software with Facebook, sending Bango's shares through the roof, as City A.M. reports; while Luxembourg's MACH has launched direct operator billing for the U.K.'s mobile networks for the purchase of apps and other online goods. (See Bango Brings Carrier Billing to Facebook and MACH Launches Direct Operator Billing in UK.)

  • BT Group plc (NYSE: BT; London: BTA)'s teleconferencing unit has joined forces with Dolby Laboratories Inc. (NYSE: DLB) on a technology trial intended to make audio conference calls sound more like face-to-face meetings, rather than the typical "Houston we have a problem" experience.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

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    Michelle Donegan
    Michelle Donegan
    12/5/2012 | 5:20:32 PM
    re: Euronews: Telekom Austria Slashes Dividend


    Whoops, thanks for catching that. We fixed the story to say that users can use between 2GB and 6GB of data...

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