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Eurobites: Iliad Surges Following T-Mobile's Rebuff

Also in today's EMEA regional roundup: Europe goes large on big data; KPN, China Mobile do VoLTE roaming; Apple to blame for Finland's woes, says PM.

  • Shares in French operator Iliad (Euronext: ILD) rose by as much as 13% on the Paris stock exchange to €175.80 following its decision to abandon its pursuit of T-Mobile US Inc. , Bloomberg reports. Iliad, which has rapidly gained market share in France with its cut-price tariffs, first put in a $15 billion for T-Mobile at the end of July, but its improved offer, for 67% of T-Mobile and valuing the stock at $36 a share, failed to find favor with the so-called "uncarrier." (See Iliad Drops T-Mobile US Bid and Eurobites: Iliad Wants Larger Stake in T-Mob.)

  • The European Commission has big plans for big data: It has agreed to set up a public-private partnership with a group of leading companies rubbing shoulders under the umbrella of the Big Data Value Association -- Nokia Networks , Orange (NYSE: FTE) and SAP AG (NYSE/Frankfurt: SAP) among them. The Commission has earmarked more than €500 million ($632 million) of investment over five years, which the private partners are expected to match at least four times over. The partnership is hoping the funding will help focus public, private and academic research efforts to support research and innovation in big data applications in fields such as energy, manufacturing and healthcare.

  • KPN Telecom NV (NYSE: KPN) subsidiary iBasis Inc. (Nasdaq: IBAS) and China Mobile Communications Corp. have jointly announced that they have successfully completed what they say are the first international voice-over-LTE (VoLTE) roaming calls based on IMS architecture. KPN and China Mobile are now preparing to roll out VoLTE roaming to their respective subscribers in the Netherlands and China. Key network components were provided by Huawei Technologies Co. Ltd.

  • Vodafone España S.A. has chosen Nagra's Quickstart Hybrid offering to power its hybrid OTT/DTT TV service, called Vodafone Box. Customers of the service will be able to watch OTT content on the device of their choice, and gain access to a range of DTT channels to be launched later this year.

  • Elsewhere on Planet Vodafone, the group's Tanzanian unit has formed a partnership with development agencies USAID and TechnoServe to help farmers in the African country boost productivity through the use of mobile technology. It is hoped that around 30,000 farmers will benefit from, among other things, real-time information about changes in market prices and the ability to transfer money via mobile phone.

  • Alcatel-Lucent (NYSE: ALU) is upgrading Djezzy GSM 's network in Algeria with its 9500 Microwave Packet Radio offering, bringing 3G connectivity to the operator today and a route to 4G in the not too distant future.

  • Finland's prime minister is laying the blame for his country's economic woes at the door of Apple Inc. (Nasdaq: AAPL), the Daily Telegraph reports. Following his country's downgrading by ratings agency Standard & Poor’s , Alexander Stubb told CNBC: "I guess one could say that the iPhone killed Nokia and the iPad killed the Finnish paper industry, but we'll make a comeback." He could always listen to this if he wanted to cheer himself up.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

  • nasimson 10/14/2014 | 10:51:08 PM
    Hilarious at its best > Following his country's downgrading by ratings agency Standard & Poor's , Alexander
    > Stubb told CNBC: "I guess one could say that the iPhone killed Nokia and the iPad killed
    > the Finnish paper industry, but we'll make a comeback." He could always listen to this 
    > if he wanted to cheer himself up.

    Its like saying Nokia or Finland destroyed the postal system and the landline business & thus caused economic collapse in many Asian countries.

    How can politicians get away with such statements? Hilarious at its best!
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