Also in today's EMEA regional roundup: Mobile Edge Computing pow-wow; Telefónica uses Huawei's XG-PON in Spain; job losses likely at Ziggo.
Deutsche Telekom AG (NYSE: DT) and Orange (NYSE: FTE) are back in talks about selling EE , their UK mobile joint venture, according to a Bloomberg report. Sources cited in the report believe EE could be valued at as much as $19 billion, though it is thought an IPO is still the most likely way forward. (See Euronews: EE Tests Waters on Flotation.)
Nokia Networks has teamed up with Vodafone Group plc (NYSE: VOD), IBM Corp. (NYSE: IBM), Intel Corp. (Nasdaq: INTC), NTT DoCoMo Inc. (NYSE: DCM) and Huawei Technologies Co. Ltd. to create a new ETSI ISG for Mobile Edge Computing. The initiative will focus on open architecture and APIs for use in mobile multi-vendor environments for a range of computing platforms, Nokia's Liquid Applications among them.
Telefónica SA (NYSE: TEF) is launching 1 Gbit/s FTTH services in Spain in 2015, using Huawei's XG-PON technology. Huawei says that XG-PON is capable of delivering Internet access speeds of up to 10 Gbit/s, giving Telefónica scope to gradually increase the download speeds on offer.
Around 900 jobs are to disappear from the newly combined workforce of Dutch cable operator Ziggo B.V. and UPC Nederland once Ziggo's acquisition by Liberty Global Inc. (Nasdaq: LBTY) is complete, Broadband TV News reports, citing the Dutch NRC Q business news website. It is thought that the redundancies will mainly affect service center workers on temporary contracts. (See Euronews: Liberty Global Plans Pan-European MVNO.)
Third-quarter sales at Nordic operator Telia Company fell 2% year-on-year to 25.46 billion Swedish kroner ($3.56 billion), while revenues fell 0.6%. In his earnings statement, CEO Johann Dennelind acknowledged that the group's overall performance "continues to be impacted by fierce competition in the enterprise area."
The European Telecommunications Network Operators' Association (ETNO) has launched its "Think Digital" agenda, setting out its vision for how it thinks the European digital economy should develop. For details of what this vision entails, click here. It has also elected Belgacom SA (Euronext: BELG)'s Steven Tas as the new chairman of the ETNO executive board and set up a new CEO committee.
— Paul Rainford, Assistant Editor, Europe,
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