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Europe

Euronews: July 19

9:30 AM -- Just as they did in the global soccer arena, the Spanish dominate today's European telecom news, with Telefónica SA (NYSE: TEF) leading the charge, though Finnish/German joint venture Nokia Networks is also hitting the headlines.

  • The on/off effort by Telefónica to wrest control of Brazil's Vivo Participacoes SA appears to be off again as the Spanish giant's offer to buy out Vivo's joint venture partner, Portugal Telecom SGPS SA (NYSE: PT), expires. (See Vivo Offer Expires.)

  • Still in Spain, the country's cable network operators are joining forces to bid for new radio frequencies that are to be auctioned off shortly as part of a spectrum refarming process, reports Cellular News, citing EuropaPress.

  • European vendor powerhouse NSN may have finally found the US prey it's been seeking. (See NSN to Buy Moto's Wireless Biz for $1.2B .)

  • BT Group plc (NYSE: BT; London: BTA) is leading a consortium pitching today for the contract to provide wireless connectivity for so-called "smart meters" in the UK, reports The Financial Times.

  • If that pitch doesn't come off for BT, it will have to console itself with the extra millions it will pull in through price hikes -- it plans to increase call charges by 10 percent from the beginning of October, reports the BBC.

  • Swedish giant Ericsson cemented its position as the telecom managed service sector leader today with news of a deal with China Mobile Ltd. (NYSE: CHL). (See Ericsson Wins at China Mobile.)

    — Paul Rainford, freelance editor, special to Light Reading

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