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Euronews: Nokia Won't Waver on Windows

Nokia Corp. (NYSE: NOK), KPN Telecom NV (NYSE: KPN) and Netflix Inc. (Nasdaq: NFLX) all play their part in today's jog through the EMEA telecom headlines.

  • Nokia CEO Stephen Elop has been reassuring the doubters that the handsets giant has no intention of diverting from its Windows-based path, reports Reuters. "In today's war ... [between] Android, Apple and Windows, we are very clear, we are fighting that with the Windows phone," said the former Microsoft Corp. (Nasdaq: MSFT) man. (See Nokia Puts Microsoft Strategy Into Action .)

  • Dutch incumbent KPN has called a halt on the sale of BASE , its Belgian mobile unit, after failing to receive a satisfactory offer, reports Bloomberg.

  • Wall-to-wall Wallander alert! Netflix has announced it is launching its over-the-top video streaming service in the Nordic countries before the end of the year. (See Netflix Adds European Targets , Netflix, VoD Fail to Satisfy and Netflix Slides, Blames Olympics.)

  • Russian operator VimpelCom Ltd. (NYSE: VIP) saw second-quarter EBITDA (earnings before interest, tax, depreciation and amortization) rise 8 percent year-on-year to US$2.5 billion, on revenues up 4 percent to $5.7 billion. Africa and Asia proved particularly fruitful, with EBITDA up 13 percent, though the operator lost ground in the Ukraine. Last month Vimpelcom was awarded an LTE license covering its Russian operations, and plans to begin offering LTE services in June 2013.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

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