Eurobites: Vodafone Sues O2 for $15M in Czech Republic

Also in today's EMEA regional roundup: Imagination shares slip on licensing slowdown news; Tele2 upgrades with Huawei in Croatia; Russia's MTS forecasts stormy weather.

  • Vodafone and Telefónica's respective Czech units aren't playing nicely: Vodafone Czech Republic a.s. is seeking damages of 385 million crowns (US$15 million) from Telefónica O2 Czech Republic a.s. , reports Reuters. Vodafone's allegation is that O2 has abused its dominant position in the Czech market, forcing Vodafone to pay over the odds for wholesale access to DSL lines.

  • UK chip designer Imagination Technologies Group plc revealed that licensing activity has been a "little muted" during the fourth quarter in its interim update, which helped send its share price southwards by more than 10% in Wednesday morning trading.

  • Nordic operator Tele2 AB (Nasdaq: TLTO) has announced it is investing in its Croatian 3G network, choosing Huawei Technologies Co. Ltd. to upgrade it and prepare it for possible extension to 4G in the future. In December, Tele2 secured an additional 15MHz of spectrum in the 1800MHz band. The value of the investment has not been disclosed.

  • Russian operator Mobile TeleSystems OJSC (MTS) (NYSE: MBT) predicted "significant macroeconomic uncertainty and volatility" across its territories in 2015 as it revealed its full-year results for 2014. Group revenue increased 3.1% year-on-year to 410.8 billion rubles ($6.7 billion) in 2014, though it expects the equivalent growth figure for 2015 to be less than 2%. (See Eurobites: MTS Income Hit by Bust Bank, MTS Braced for Ruble Trouble and MTS's Russian Resolution.)

  • Telekom Austria Group has done a deal with The Box Plus Network, a UK-based operation that owns several music-centered TV channels, including the turn-the-amp-up-to-11 offering, Kerrang! The partnership covers the satellite distribution of The Box Plus Network channels across central and eastern Europe as well as the inclusion of the channels in Telekom Austria's pay-TV operations in its own footprint.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

  • Ariella 3/18/2015 | 9:44:47 AM
    $15M While for mere mortals that's a lot of money, isn't it not so much for a major corporation? Is there a particular formula for that sum?
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