Eurobites: Telefónica Rethinks Fiber Plans

Also in today's EMEA regional roundup: UK mobile operators pledge to improve coverage; broadband satellite lifts off; Nokia defends HERE brand.

  • Telefónica SA (NYSE: TEF) is planning to slash its investment in its fiber broadband access network as a direct result of a recommendation by Spain's antitrust body that the operator should open up its network to rivals, reports Reuters. According to the report, Telefónica plans to reduce the scope of its FTTX rollout by 35%, down from the originally planned 5.5 million homes to 3.6 million homes.

  • The UK's four major mobile network operators have pledged themselves to improving coverage in response to an effort by the UK government to reduce the number of so-called "not-spots." Under the new license terms signed up to by EE , Telefónica UK Ltd. (O2), Three UK and Vodafone Group plc (NYSE: VOD), by 2017 the operators will have to guarantee voice and text coverage across 90% of the UK and between them offer full coverage of 85% (up from the current 69%) of all geographic areas.

  • Inmarsat plc (London: ISAT) has successfully blasted another "superfast" broadband-enabling satellite into orbit, reports the Daily Telegraph. Inmarsat-5 F2, the second satellite in Inmarsat's Global Express series intended to bring high-speed broadband to the world's most remote locations, was launched on Sunday, from the Baikonur Cosmodrome in Kazakhstan.

  • Nokia Corp. (NYSE: NOK) is getting heavy with a UK developer over the launch of a digital personal assistant app called "HERE," reports the Daily Telegraph. Nokia's location-based services unit is called HERE, and the Finnish giant has given the developer, Lowdownapp, until February 10 to find a new name for its offering. In 2014, HERE generated revenues of €969 million ($1.1 billion) for Nokia. (See Nokia Ends 2014 on a High and Nokia Ushers In New Era, Retires NSN Name.)

  • Ericsson AB (Nasdaq: ERIC) has taken on the job of broadcast services delivery in the Middle East for twofour54, the commercial arm of the Media Zone Authority in Abu Dhabi. In acquiring the business, the Swedish vendor will initially provide the service for nine different channels, and it will also establish a media hub in the emirate.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

  • [email protected] 2/2/2015 | 8:25:07 AM
    FTTX mind games Ah, the old regulator/investment tussle.... everyone is caught betweeen a rock and a hard place.
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