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Automotive

Eurobites: Ericsson Takes 5G on the Buses

Also in today's EMEA regional roundup: Nokia looking to offload HERE business; Spotify raises new finance; MTN eyes Nigerian operator.

  • Ericsson AB (Nasdaq: ERIC) is joining forces with automotive manufacturer Scania and Sweden's Royal Institute of Technology to explore the role that 5G could play in the transport systems of the future. Areas covered in the joint initiative, which forms part of the "5G for Sweden" program, include driverless buses and traffic management. In separate news, the vendor also announced it had been chosen by Orange Polska to upgrade its OSS software, and that it is collaborating with Bonnier Broadasting on over-the-top video-on-demand services, which are due to launch later this year. (See Ericsson Lands OSS Transformation Deal at Orange Polska.)

  • Nokia Corp. (NYSE: NOK) is looking to offload its HERE location-based services unit to sharpen its focus on its core networks business, according to a Bloomberg report. Unnamed sources claim that Uber, the company behind the eponymous taxi-hailing app, is on the list of potential buyers.

  • Danish operator TDC A/S (Copenhagen: TDC) is open to offers for its IT business, TDC Hosting, according to a Reuters report. TDC Hosting employs around 300 people and had a turnover of 500 million Danish kroner (US$71 million) last year.

  • Spotify , the Swedish-owned music streaming service, has raised $400 million in new financing, Bloomberg reports. The company is looking to raise sufficient financing to take its value to $8 billion, said unnamed sources, as it hurries to head off rival services from Apple and Google. One of those who probably won't be investing is US warbler Taylor Swift, who pulled her music from the service last year in protest at Spotify's refusal to remove her latest album from its free, ad-supported strand.

  • South Africa's MTN Group Ltd. is in talks with Visafone Communications, with a view to buying the Nigerian mobile operator, according to a Reuters report. Nigeria, with a population of 174 million and counting, is one of the most important telecom markets in Africa.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

  • mhhf1ve 4/13/2015 | 8:04:29 PM
    Nokia's mapping business... It's an interesting business to spin off for Nokia.. because it's really not a core technology for Nokia -- and plenty of other companies could find value in having a differentiating map service. I think Samsung was rumored to be interested in it -- so that it'd have its own map app like Apple, Google and MSFT already do. It could be an essential feature for a handset maker to have, and it's obviously also important for companies like Uber and some automakers that might want to have unique services that aren't dependent on AAPL/GOOG/MSFT. Not sure if Amazon has a mapping technology yet....?
    Mitch Wagner 4/13/2015 | 11:51:00 AM
    Premature? Seems premature for planning uses for 5G when the technology isn't even available yet. Adages spring to mind about chicken enumeration prior to conclusion of incubation.
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