Trading conditions have been tough for Vodafone in southern Europe for some time, but now it's not having much luck in northern Europe either, judging by the operator's fiscal first-quarter results. Revenue in Germany declined 5.1 percent and in the U.K. by 4.5 percent year-on-year as competition increases and consumers feel the pinch. Underlying group service revenues declined 3.5 percent to £10.15 billion (US$15.47 billion). (See Euronews: Vodafone Strikes €7.7B Kabel Deal and Euronews: Vodafone's Profits Plummet.)
The U.K. government is to review operations at Huawei's cyber-security evaluation center in Banbury, Oxfordshire, following a parliamentary report that raised concerns that the Chinese vendor's kit could be used by Beijing to spy on Britain, reports The Guardian. Will the Brits go the way of the Americans and shut the door in Huawei's face? (See Security Concerns Cling to Huawei and Huawei Gives Up on US Telecom.)
Swisscom is facing an investigation from Switzerland's competition authority over allegations that the incumbent has abused its dominant market position in broadband delivery, reports Reuters.
Nokia Siemens Networks has landed a contract with Iraqi mobile operator Korek Telecom Ltd., supplying its Single RAN platform to support Korek's 2G and 3G networks and help prepare the operator for LTE.