Industrial IoT

Eurobites: Ericsson Lands EU Smart Energy Gig

Also in today's EMEA regional roundup: KPN buys into the Internet of Tools; Iliad powers on in third quarter; Hyperoptic brings gigabit service to Edinburgh.

  • Ericsson has been chosen by the Ericsson AB (Nasdaq: ERIC) to play a leading role in two Commission-funded projects looking to develop smart energy systems. Part of the Horizon 2020 program, the Success and Re-Serve projects will focus on how 5G could be used to meet the challenges faced by utilities companies. Ericsson's Eurolab in Aachen, Germany, will take the lead in both projects, which will involve field trials in Ireland, Romania and Italy.

  • KPN Ventures, the investment arm of Dutch incumbent KPN Telecom NV (NYSE: KPN), has injected an unspecified amount into Viloc, a leading light in the "Internet of Tools" sector. For the uninitiated, this is not a collective term for idiots on Facebook, it's a hip name given to tracking solutions for equipment and tools in the construction industry, be it drills or concrete mixers, to keep tabs on them and help cut down on theft. Transmitter tags, connected via a web and mobile application, are attached to the equipment in question.

  • France's Iliad (Euronext: ILD) has had a healthy-looking third quarter, with total revenues up 6.5% year-on-year to €1.18 billion (US$1.26 billion). The operator's Free -branded mobile arm was particularly perky, up 12.5% to €521 million ($557 million). Free was France's leading recruiter of mobile subscribers during the period, says Iliad, and its mobile subscriber total has now reached 12.3 million, of which 5.3 million are on 4G. On the broadband side, average revenue per user was down slightly, from €34.40 ($36.77) a month in March 2016 to €33.50 ($35.81) in September.

  • Hyperoptic , the UK altnet that specializes in connecting multi-dwelling buildings, has switched on gigabit broadband at a new development in Edinburgh. Nearly half of the residents of Platinum Point, on the Firth of Forth, have signed up for the FTTP service, which Hyperoptic claims is the fastest broadband in Britain. The company, which is one of a gang of upstarts challenging BT's dominance of the UK wholesale broadband market, says it will be investing millions of pounds into the rollout of broadband infrastructure in the city over the next couple of years, connecting residents and businesses. (See BT, Ofcom & the Battle of Britain and Hyperoptic Takes Gigabit to Glasgow.)

  • Google (Nasdaq: GOOG) is to expand its London base, potentially creating another 3,000 jobs there by 2020 as it more than doubles its office space in King's Cross, the BBC reports.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

  • Be the first to post a comment regarding this story.
    Sign In