Euronews: Will NSN Buy AlcaLu's Mobile Unit?

Also in today's EMEA roundup: Telekom Austria's not scared of Slim; Vodafone execs hit bonus jackpot; BT trials Huawei's G-fast tech.

  • Speculation is mounting that Nokia Corp. (NYSE: NOK) will use some of the cash it pockets from the sale of its handsets unit to Microsoft Corp. (Nasdaq: MSFT) to buy Alcatel-Lucent (NYSE: ALU)'s mobile networks equipment business and merge it with Nokia Networks , reports Bloomberg. A Helsinki-based analyst with Nordea Bank confidently predicts to Bloomberg that "there is a relatively high likelihood of this deal happening,” with estimates of value of the deal ranging from €1 billion (US$1.3 billion) to €2 billion ($2.7 billion). (See Nokia Sells Devices Business to Microsoft and ALU + NSN: A Reality Check.)

  • Should Telekom Austria AG (NYSE: TKA; Vienna: TKA) be afraid of Carlos Slim's intentions now that his bid to take over KPN has run into the sand? Not according to Telekom Austria CEO Hannes Ametsreiter, who, Reuters reports, told a retail investment conference that although Slim's América Móvil S.A. de C.V. already owned nearly 23 percent of the company he did not think that it would "act in a hostile way" to increase its stake. (See Euronews: Slim Abandons KPN Bid.)

  • Vodafone Group plc (NYSE: VOD)'s senior executives are in line for a combined £56 million ($90.5 million) in bonuses when the $130 billion sale of the UK-based group's stake in Verizon Wireless completes next year, predicts The Guardian. The terms of the deal allow Vodafone's big cheeses to include recent gains in the company's stock market value to be reflected in the bonuses. (See Vodafone Agrees to $130B Verizon Stake Sale.)

  • BT Group plc (NYSE: BT; London: BTA) is to conduct a field trial of G.fast fixed access technology from Huawei Technologies Co. Ltd. The move fits in with BT's planned broadband rollout strategy but could cast doubts on the potential for nationwide FTTH deployments. (See BT Trials Huawei's G.fast for FTTx.)

  • Belgian mobile operator Mobistar SA , which revised its full-year outlook substantially downwards in July, has posted third-quarter profits down 26 percent year-on-year to €89.1 million ($122 million), though, as Reuters reports, this is still a better result than several analysts had predicted.

  • Etisalat has teamed up with MasterCard for a demonstration of a mobile payments system designed for the much-hyped Google Glass device. Here's Ahmad Abdulkarim Julfar, the CEO of Etisalat, having a go…

    'No, really boss, it doesn't look stupid at all.'
    "No, really boss, it doesn't look stupid at all."

    — Paul Rainford, Assistant Editor, Europe, Light Reading

  • DOShea 11/19/2013 | 8:43:35 PM
    NSN + AlcaLu = no deal Greetings from the future, where it has been reported by The Wall Street Journal that this deal ain't happening: http://online.wsj.com/news/articles/SB10001424052702303985504579207642779908798
    abucek 10/21/2013 | 3:29:04 PM
    Re: ALU mobile + NSN I am sure the North American carriers are pushing for NSN to buyout ALU so they wont have to keep ALU afloat any longer.  After the 10K + layoff at ALU we will see what happens.

    DanJones 10/21/2013 | 3:09:18 PM
    Re: ALU mobile + NSN Will that work for Sprint's LTE TDD rollout? Seems like Samsung is well placed there but the other two?
    pdonegan67 10/21/2013 | 2:25:46 PM
    Re: ALU mobile + NSN No problem at all: Ericsson, NSN and Samsung.
    FbytF 10/21/2013 | 12:06:54 PM
    Re: ALU mobile + NSN re "The world's is shifting towards a mobile broadband society -- can ALU afford NOT to have a stake in that game?"  I believe the answer is yes because the wireless piece is just the access, ALU's play is in the backhaul and transport segment. Exiting the wireless segment could even open the doors to partnering with former competitors on the wireline side, don't forget all the segments NSN exited, ALU could fill some of those gaps in the their portfolio.
    DanJones 10/21/2013 | 11:09:56 AM
    Re: ALU mobile + NSN North American carriers have got to be watching all this play out with interest.

    I'm wondering how practical its going to be in a few years to commit to not using ZTE or Huawei in their networks and still maintain 2 or 3 suppliers to populate a network. Particularly as most of the hardware becomes more and more generic.
    Kruz 10/21/2013 | 9:06:00 AM
    Etisalat and Google Glass The sound of it is great, being able to do payments on the go with Google Glass. That looks like real ubiquitous connectivity.

    Does anyone know how exactly Etisalat integrated that and what was demonstrated during Gitex?
    pdonegan67 10/21/2013 | 7:52:19 AM
    Re: ALU mobile + NSN You don't need to sell (mostly low margin) RAN equipment to be a big player in mobility - witness the success of Cisco's expansion into the mobility space and now Ericsson's rebalancing of its R&D portfolio towards next gen networking protocols.
    [email protected] 10/21/2013 | 7:32:45 AM
    ALU mobile + NSN Again, this may make sense on paper but what sort of damage to Alcatel-Lucent's prospects would the sale of its mobile infrastructure business do? The world's is shifting towards a mobile broadband society -- can ALU afford NOT to have a stake in that game?
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