x
4G/3G/WiFi

Euronews: Giants Grab Spanish Spectrum

Telefónica SA (NYSE: TEF), Orange Spain , Vodafone España S.A. and euNetworks Group Ltd. start the week in today's EMEA roundup.

  • Late Friday came news that Spain's Long Term Evolution (LTE) spectrum auction had reached its conclusion, with Telefónica, Orange and Vodafone sharing the goodies. The Spanish government had hoped that €2 billion (US$2.87 billion) would be raised by the process, but in the event the total stalled at €1.65 billion ($2.37 billion). (See Big 3 Win Spanish LTE Spectrum.)

  • Pan-European wholesale and enterprise data service provider euNetworks has made its second acquisition in the space of two months with the purchase of WAN specialist TeraGate AG for an undisclosed sum. In May euNetworks bought German rival LambdaNet Communications Deutschland AG for €25 million ($35.7 million). (See eunetworks Buys TeraGate and Euronews: euNetworks Bolsters German Presence.)

  • Zain Group , the Kuwait-based carrier that sold off its African assets to Bharti Airtel Ltd. (Mumbai: BHARTIARTL) in June of last year, saw net income rise 17 percent year-on-year in its first-half results. Zain recently applied for a license to operate in the newly created country of South Sudan. (See Zain Reports H1, Euronews: China Telecom Eyes UK Market and Bharti Closes In on African Acquisition.)

  • Pan-European operator Interoute Communications Ltd. has slammed the decision by the U.K. high court to force BT Group plc (NYSE: BT; London: BTA) to block Internet access to the file-sharing website Newzbin2. The ruling came at the behest of Hollywood trade body The Motion Picture Association. (See Hollywood's Hollow Victory.)

  • Level 3 Communications Inc. (NYSE: LVLT) has established a point-of-presence at the London Stock Exchange 's data center, offering connectivity to the financial institutions that are collocated with the Exchange Hosting facility using Level 3's global network. (See Level 3's Paul Savill: Not Hot on the Cost of 100G and Level 3 Buying Global Crossing .)

  • CA Technologies (Nasdaq: CA), the Service Provider Information Technology (SPIT) vendor, has made changes to its European Partner Programme in a bid to make further inroads into European markets. (See CA Enhances Euro Partner Program.)

    — Paul Rainford, Assistant Editor, Europe, Light Reading

  • Be the first to post a comment regarding this story.
    HOME
    Sign In
    SEARCH
    CLOSE
    MORE
    CLOSE