Also in today's EMEA regional roundup: French bank teams with Twitter for money transfers; here comes the SON for O2; AlcaLu does 100G in Nigeria.
Move over WiFi; here comes LiFi. A startup that was spun out of Edinburgh University is set to announce a new technology that can create a wireless network using signals carried by the flicker of LED lightbulbs, according to a Daily Telegraph report. The company, Bell Labs collaborator PureLiFi, has created a box that connects to an ordinary LED light fitting, creating a two-way WiFi network that its backers hope could play an important role in the Internet of Things. PureLiFi's efforts to date have attracted the interest of investors who, says the report, are close to agreeing a $10m (£6.2m) cash injection to help bring the system to market. Earlier coverage of PureLiFi, in The Scotsman newspaper, said that the company could be a candidate for an IPO. (See Small Cells: A Power Play.)
A French bank is collaborating with Twitter Inc. to create a new service that will allow its customers to transfer money by tweeting, Reuters reports. Groupe BPCE, which is France's second-largest bank, says the payment-by-tweet facility will be managed by its S-Money service, which already allows customers to transfer money via text message.
Telefónica UK Ltd. (O2) is deploying elastic-SON, a self-organizing network (SON) solution from Cellwize Wireless Technologies Pte Ltd. , as part of its network modernization program. SON systems automate the management of mobile networks, making them more reactive to traffic loads, cell site outages and so on, without manual intervention.
Alcatel-Lucent (NYSE: ALU) is switching on a 100G DWDM/OTN network for MTN Nigeria, bringing greater capacity to a country that has around 275 mobile lines to every one landline in a population of more than 173 million. (See MTN Nigeria Deploys 100G With AlcaLu.)
Accanto Systems , the Finnish specialist in customer experience management (CEM), has agreed to buy InstantCEM, a provider of software that allows device-based customer experience feedback and operator communication. Financial details of the deal were not disclosed.
UK triple-play provider Sky has invested $500,000 in Pluto.TV, the Los Angeles-based online video aggregator. The move forms part of a pattern of BSkyB investments in video-related startups, which include ad technology firm Sharethrough and Roku Inc. , the video streaming pioneer.
Orange (NYSE: FTE) Chairman and CEO Stephane Richard has said that his company has no plans to increase its €3.4 billion ($4.3 billion) offer for Spanish mobile operator Jazztel plc , Reuters reports, citing Spanish newspaper El Pais. Some Jazztel investors have claimed that the offer undervalues the company.
— Paul Rainford, Assistant Editor, Europe, Light Reading