Euronews: NSN's SPIT & Polish Job
Nokia Networks , Polkomtel SA and InfoVista SA are under the tree in today's roundup of headlines from the low-budget Euronews Christmas grotto.
Nokia Siemens Networks has deployed 500 of its Flex Multiradio base stations to bring the HSPA+ network of Polish operator Polkomtel up to scratch. NSN has also upgraded Polkomtel's packet core network and implemented its key Service Provider Information Technology (SPIT) offering, the NetAct network management system. (See Polkomtel Upgrades With NSN, Euronews: Ericsson Buys, Vodafone Sells and Euronews: Tycoon Eyes Polkomtel.)
U.S.-based private equity firm Thoma Bravo has acquired a 67.26 percent stake in InfoVista, the French SPIT vendor, for €55 million (US$72 million), and intends to mop up the remaining shares in the coming months. Fans of InfoVista's OSS software include Cisco Systems Inc. (Nasdaq: CSCO) and Ericsson AB (Nasdaq: ERIC). (See Private Equity Firm Buys InfoVista, PE Firm Takes Control of InfoVista and What's Up at InfoVista?)
Sweden's Telia Company is to increase its stake in Kcell, the Kazakh mobile operator, to 49 percent. The price is $1.5 billion. Kcell is currently owned by TeliaSonera-controlled Fintur Holdings (51 percent) and KazakhTelecom (49 percent). (See TeliaSonera to Increase Kcell Stake and TeliaSonera Launches 3G in Kazakhstan.)
Dutch incumbent KPN Telecom NV (NYSE: KPN) has reached an agreement to sell its French MVNO (which operates under the Simyo brand) to French operator Bouygues Telecom for an undisclosed sum. KPN retains a presence in the French mobile market with Ortel Mobile, which mainly serves the immigrant population. (See Euronews: KPN's Slide Continues and KPN Reports Q3.)
Bloomberg reports that Facebook has been told it needs to overhaul its service in Europe following a probe into how it handles personal data led by the Irish data protection agency. Facebook has apparently agreed to a "wide range of best practice improvements." Relax, everyone. Possibly.
Nokia Corp. (NYSE: NOK) and Microsoft Corp. (Nasdaq: MSFT) have "flirted" with the idea of making a joint bid for beleaguered BlackBerry-maker BlackBerry , according to a Wall Street Journal report cited in this Business Week article. Analysts quoted in the piece say that a buyout from either "Nokiasoft" or Amazon.com Inc. (Nasdaq: AMZN) -- also in the frame -- is unlikely as RIM's execs are focused on sorting out the company's troubles for themselves. (See RIM Reports 27% Quarterly Profit Dive and RIM Writes Off Inventory.)
Euronews is taking its holiday leave as from today. It will return, several pounds heavier, on Jan. 3. Happy Christmas to all our readers, and see you in the new year.
— Paul Rainford, Assistant Editor, Europe, Light Reading