Also in today's EMEA regional roundup: Huawei and BT claim 3 Tbit/s over fiber link; Orange considers IPO for Africa, Middle East units; tablets turf TV out of UK kids' bedrooms.
The European Commission is close to doing a deal with China over what Brussels has previously described as illegal state subsidies to Chinese vendors of telecom networks gear, Reuters reports. According to the report, the Chinese government is considering a deal under the terms of which it would promise to limit its export credits -- financial assurances and support to the companies doing the exporting -- to Huawei Technologies Co. Ltd. and ZTE Corp. (Shenzhen: 000063; Hong Kong: 0763) in return for the Commission dropping its investigation into the alleged illegal subsidies. (See Euronews: EC Pushes for Huawei/ZTE Probe and Euronews: China Warns EU Over Protectionism.)
Talking of Huawei, the Chinese giant and BT Group plc (NYSE: BT; London: BTA) claim to have notched up field-trial transmission speeds of 3 Tbit/s over an existing fiber link using commercial-grade hardware and software in what the pair describe as a "real world operational environment." The transmission was carried out on a 359km (223-mile) fiber link between BT's Adastral Park campus in Suffolk and the BT Tower in London, using a technique that compresses the gaps between transmission channels. (See BT, Huawei Boast 3Tbit/s Transmission Trial.)
Orange (NYSE: FTE) is considering an IPO of its operations in Africa and the Middle East, according to a Bloomberg report citing French newspaper L’Agefi. Orange has around 200 million subscribers in the region which, unlike Europe, still has plenty of room for growth.
A Swedish mobile phone directory and caller ID service has managed to secure $60 million in funding from US technology funds. Truecaller, based in Stockholm, lets mobile users anywhere in the world search for people by name or phone number and also allows them to identify callers before answering. One of the investors, Reuters reports, is Atomico, the investment firm run by Skype Ltd. co-founder and Light Reading Hall of Famer Niklas Zennstrom. (See Light Reading Announces 2013 Hall of Fame Inductees.)
While the TV is still entrenched in most living rooms, the tablet is starting to oust the big screen from the bedroom. That's one of the findings from a survey by UK regulator Ofcom , which also revealed that one in three British children (between the ages of 5 and 15) now has their own tablet. And for the first time since Ofcom began carrying out this survey, the proportion of children accessing the Internet on a PC, laptop or netbook actually fell, by three percentage points, to 88%. For more fun factoids, you can read the whole report here.
— Paul Rainford, Assistant Editor, Europe, Light Reading