Euronews: Nokia Seals Symbian's Fate

Nokia Corp. (NYSE: NOK), Telekomunikacja Polska SA and Telefónica SA (NYSE: TEF) are the tasty morsels in today's menu of Euronews.

Nokia has finalized the agreement to outsource Symbian software development and support activities to Accenture , which was first announced in April. Accenture will provide Symbian support and services to Nokia through 2016. When the deal closes, which is expected in early October this year, 2,800 Nokia employees located in China, Finland, India, the U.K. and U.S. will transfer to Accenture. (See Nokia, Accenture Finalize Symbian Outsource Deal and Nokia Cuts 4,000 Jobs, Sheds Symbian.)

In other Nokia news, the Finnish phone maker has a new man on location –- that is, Nokia has appointed Michael Halbherr as executive VP to lead the newly created Location and Commerce business unit. The new division will be formed by integrating the NAVTEQ business with Nokia's social location services activities. The business will create social location products and services for consumers. Nokia has also just unveiled new handsets in an effort to keep pace with its rampant rivals. (See Nokia Launches New Handsets.)

Poland's largest operator Telekomunikacja Polska SA has apparently been a naughty telco. The European Commission has just slapped TPSA, which is controlled by Orange (NYSE: FTE), with a €127 million (US$182 million) fine for preventing and delaying competitors' access to its broadband network between 2005 and 2009, according to this Reuters report. The amount of the fine is 3.24 percent of TPSA's 2010 revenues of €3.9 billion ($5.6 billion).

In Spain, Telefónica SA (NYSE: TEF) and Juniper Networks Inc. (NYSE: JNPR) have demonstrated a "dynamic IP Optical Multilayer network architecture," which is meant to reduce complexity for service providers as they cope with challenging traffic patterns. As network traffic becomes harder to predict, having an IP optical infrastructure that can adapt dynamically sounds like a good thing.

Private equity firm The Carlyle Group LLC is in exclusive talks to buy a 70 percent stake in French set-top box vendor Sagemcom from Gores Group LLC , reports Reuters.

Over in Denmark, it looks like more mobile M&A is on the menu. In an interview with Bloomberg, TDC A/S (Copenhagen: TDC) CEO Henrik Poulsen said that with the intense price competition in the market, there could be a need for more consolidation. Just last week, Telia Company and Telenor Group (Nasdaq: TELN) agreed on a network-sharing deal for their mobile networks in Denmark. (See Euro Carriers Get Cozy With Network Sharing .)

— Michelle Donegan, European Editor, Light Reading Mobile