Euronews: Symbian on Life Support (Until 2016)

News Analysis
Paul Rainford, Assistant Editor, Europe

5/27/2011

Nokia Corp. (NYSE: NOK), Mobile TeleSystems OJSC (MTS) (NYSE: MBT) and eir are in the spotlight in today's regional roundup.

Handset giant Nokia has agreed to carry on supporting its Symbian operating system at least until 2016, reports Bloomberg, citing a blog post by CEO Stephen Elop. Symbian development was outsourced to Accenture last month. (See RIP Symbian & MeeGo: Nokia Ties Future to WP7 and Nokia Unveils Major Revamp.)

Separately, Nokia has struck a deal with CNN, which sees the Finnish firm becoming one of the broadcaster's mapping providers. The collaboration had a try-out for Britain's recent royal wedding, apparently. (See Nokia, CNN Team on Mapping and Nokia Offers Ovi Maps for Free.)

MTS, one of Russia's leading mobile operators, reported revenues up 12.2 percent year-on-year but net income down 16.1 percent at US$321.6 million in its first-quarter results. Subscriber additions and the growth in data traffic were the main drivers of increased revenues, said President and CEO Andrei Dubovskov. (See MTS Reports Q1, Russian Ops to Share LTE Network and LTE Beckons in Uzbekistan .)

Irish incumbent eircom is feeling the pressure to restructure its debt, reports Reuters. If it fails to act, the operator faces breaching its financial covenants within the next three months or so. (See Eircom Reports Q2 and Lenders to Lean on Eircom.)

The fair English counties of Wiltshire, Norfolk, Devon and Somerset are the next in line to receive a share of the U.K. government's £530 million ($870.8 million) funding for super-fast broadband development in rural areas. The government has said it is committed to providing the best super-fast broadband in Europe by 2015 -- yikes! (See UK Doles Out More Broadband Cash, BT Preps 'Landmark' FTTC Investment, British Broadband Cash Survives Cuts and Brits Press On With Broadband Plans .)

— Paul Rainford, Assistant Editor, Europe, Light Reading

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Euronews: Symbian on Life Support (Until 2016) News Analysis Paul Rainford, Assistant Editor, Europe 5/27/2011 Comment (0) Tweet Nokia Corp. (NYSE: NOK), Mobile TeleSystems OJSC (MTS) (NYSE: MBT) and eir are in the spotlight in today's regional roundup. Handset giant Nokia has agreed to carry on supporting its Symbian operating system at least until 2016, reports Bloomberg, citing a blog post by CEO Stephen Elop. Symbian development was outsourced to Accenture last month. (See RIP Symbian & MeeGo: Nokia Ties Future to WP7 and Nokia Unveils Major Revamp.) Separately, Nokia has struck a deal with CNN, which sees the Finnish firm becoming one of the broadcaster's mapping providers. The collaboration had a try-out for Britain's recent royal wedding, apparently. (See Nokia, CNN Team on Mapping and Nokia Offers Ovi Maps for Free.) MTS, one of Russia's leading mobile operators, reported revenues up 12.2 percent year-on-year but net income down 16.1 percent at US$321.6 million in its first-quarter results. Subscriber additions and the growth in data traffic were the main drivers of increased revenues, said President and CEO Andrei Dubovskov. (See MTS Reports Q1, Russian Ops to Share LTE Network and LTE Beckons in Uzbekistan .) Irish incumbent eircom is feeling the pressure to restructure its debt, reports Reuters. If it fails to act, the operator faces breaching its financial covenants within the next three months or so. (See Eircom Reports Q2 and Lenders to Lean on Eircom.) The fair English counties of Wiltshire, Norfolk, Devon and Somerset are the next in line to receive a share of the U.K. government's £530 million ($870.8 million) funding for super-fast broadband development in rural areas. The government has said it is committed to providing the best super-fast broadband in Europe by 2015 -- yikes! (See UK Doles Out More Broadband Cash, BT Preps 'Landmark' FTTC Investment, British Broadband Cash Survives Cuts and Brits Press On With Broadband Plans .) — Paul Rainford, Assistant Editor, Europe, Light Reading Like what we have to say? Click here to sign up to our daily newsletter (0) \| Comment \| Print \| RSS Comments Newest First \| Oldest First \| Threaded View ADD A COMMENT [close this box] Be the first to post a comment regarding this story.		Educational Resources sponsor supplied content Use Case: Get Your Competitive Operational Edge from the Cloud White Paper: Get Congestion Relief for Your Network White Paper: Automate Your Certification Process to Onboard in Hours, not Days White Paper: Don’t Get Left Behind: Fundamentally Reimagine your Services Edge Now White Paper: Converged Packet Transport Network: Critical for 5G Educational Resources Archive Featured Video Upcoming Live Events 5G Network & Service Strategies @ MWC19 Los Angeles October 22, 2019, Los Angeles, CA Software-Driven Operations November 5, 2019, London, England Global Telecoms Awards November 7, 2019, London, UK Cable Next-Gen Europe November 14, 2019, Maritim Hotel, Berlin 2020 Vision Executive Summit December 3-5, 2019, Vienna, Austria Cable Next-Gen Business Strategies December 3, 2019, New York, New York Cable Next Gen-Technologies & Strategies March 16-18, 2020, Embassy Suites, Denver, Colorado Big 5G Event May 18-20, 2020, Irving Convention Center, Dallas, TX All Upcoming Live Events Upcoming Webinars October 22, 2019 How to Cut Your BSS Costs by up to 80% With Public Cloud October 22, 2019 Programmable FTTx: Readiness for a Virtualized Access Network October 23, 2019 Microsoft Azure ONAP-based NFV and SD-WAN solution October 23, 2019 What’s happening at the Edge October 29, 2019 IoT, 5G, Security, and RoI October 30, 2019 The Road to a Secure 5G: How Secure Are We Today? November 5, 2019 Be 5G Ready With Next-Gen Programmable Radio November 6, 2019 Commercial 5G: Preparing to Scale November 6, 2019 How to Produce Live 8K 360-Degree Media Events November 7, 2019 Security Orchestration and Automation for Telcos November 13, 2019 Transport Technologies & Testing Strategies for 5G Deployment November 14, 2019 Securing the Cable Network November 20, 2019 The Edge Gets Real: Data Center Automation for Telco and Cloud Service Providers December 12, 2019 Virtualizing the Cable Architecture Webinar Archive Partner Perspectives - content from our sponsors How Cloud-Based Radio Finally Solves a Long-Standing Mobile Challenge By Michael Clever, Nokia Sports Venues: Where 5G Brings a Truly Immersive Experience By Peter Linder, 5G Evangelist, North America, Ericsson Why Fixed Broadband Is More Important Than Ever By Fang Hui, ZTE Huawei Empowers 5G Carriers By Huawei Which Fortune 500 HQ Will Be First to Utilize 5G? By Peter Linder All Partner Perspectives Slideshows France's Bike Fest Demands Tour de Force From Orange Post a Comment \| Read (7 comments) Scenes From Sprint's Big 5G Launch (3) The Big 5G Event: Photos (0) More Slideshows