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IoT Strategies

Eurobites: Dubai Taps Nokia's Smart City Nous

Also in today's EMEA regional roundup: the old Nokia and the new Finland; MTS full-year numbers; Ericsson upgrades in Zambia.

  • Nokia Corp. (NYSE: NOK) has landed a contract with Nedaa, the Dubai government's security networks provider, to deploy a public safety network that the desert kingdom views as part of its journey towards true smart city status. This latest project, which will see Nokia supply a range of products and services including core and radio access technology and security-related offerings, is an extension of the vendor's existing relationship with the Dubai government. (See Microsoft to Axe 12,500 Ex-Nokia Employees.)

  • Such is the current focus of Nokia but only a few years ago, of course, the vendor was best known for leading the world in mobile phones. A feature on the BBC website revisits the town of Nokia in Finland, where it all started, and looks at how Finland is coping since Nokia's handsets business first lost its dominance and then exited the country. Though some hi-tech firms have moved in to fill the vacuum, unemployment in Finland is still up at around 15%.

  • Full-year group revenues at Russian operator Mobile TeleSystems OJSC (MTS) (NYSE: MBT) rose 5% year-on-year to 431.2 billion Russian rubles (US$6.37 billion), though adjusted OIBDA (operating income before depreciation and amortization) fell 2% to RUB175.54 billion ($2.59 billion). Looking ahead, MTS predicts that earnings growth will remain fairly flat, citing heightened competition in Russia and the rollout of 3G in Ukraine, among other things, as drags on its future financials.

  • Ericsson AB (Nasdaq: ERIC) has landed a network upgrade deal with Airtel Zambia, covering equipment, software and professional services including project management and system integration and support.

  • German cable operator Tele Columbus AG saw strong growth in 2015, largely driven by its acquisitions of Primacom and Pepcom. Revenues for the full year rose 30.9% to €278.7 million ($313.7 million), while EBITDA was up 42.4%, to €140.9 million ($158.6 million). Tele Columbus is the third-largest cable operator in Germany, reaching nearly 10% of homes in the country. (See Tele Columbus Expands With $689M Pepcom Deal.)

    — Paul Rainford, Assistant Editor, Europe, Light Reading

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