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Euronews: D-Day for Nokia

Also in today's EMEA regional roundup: Telenor goes large on NFC; Ericsson takes mobile money to Rwanda; the resistible rise of the "selfie."

  • Today is likely to mark the end of an era for Finnish manufacturing, with Nokia Corp. (NYSE: NOK) shareholders expected to approve the sale of the company's Devices and Services unit to Microsoft Corp. (Nasdaq: MSFT) for what many see as a cut-price €5.4 billion (US$7.3 billion). As the agenda for today's meeting reminds us, Nokia will be left with NSN, HERE (which deals in location-based services), and Advanced Technologies (which looks to exploit Nokia's patents portfolio) if the sale goes through. It will also retain its headquarters in Espoo, Finland, and see 32,000 employees transferred to Microsoft. Check back for updates on the message boards below as soon as we get word from Espoo… (See The Nokia/Microsoft Conspiracy Theory and Nokia Sells Devices Business to Microsoft .)

  • Telenor Group (Nasdaq: TELN) is teaming up with DNB, Norway's biggest bank, to launch what it is calling the country's first commercial NFC project. Munich-based Giesecke & Devrient is providing the OTA (over-the-air) NFC technology, which allows Telenor to remotely manage NFC services on SIM cards. The long-term aim of the project is give everyone in Norway the chance to make NFC payments. (See Telenor Preps Commercial NFC Service .)

  • On a related tack, MTN Rwanda has deployed Ericsson AB (Nasdaq: ERIC)'s "Converged Wallet" mobile payment offering, which can be used by people without access to a bank account to make payments and transfer money. According to 2012 World Bank figures, only 1.5 billion people in the world have a bank account, though more than 1.7 billion people who don't have a bank account have access to mobile phones. (See MTN Rwanda Deploys Ericsson Converged Wallet .)

  • The mobile arm of SAP AG (NYSE/Frankfurt: SAP), the German IT services giant, has launched a new cloud-based offering that is intended to make it easier for mobile operators to interconnect Rich Communication Services (RCS). SAP Mobile Services' IMS will, in theory, enable international RCS interactions. (See SAP Mobile Offers RCS/VoLTE Interconnect.)

  • German chip vendor Infineon Technologies AG (NYSE/Frankfurt: IFX) has teamed up with Oracle Corp. (Nasdaq: ORCL) to develop secure smart cards for government applications. For more details, see this press release.

  • Berlin ISP SysEleven has deployed ADVA Optical Networking 's FSP 3000 metro optical transport platform to shunt traffic between its data centers. For more details, see this press release.

  • The telecom industry has enriched the English language in so many ways: think "Long Term Evolution" (is there a quick version?), "Network Functions Virtualization", and "phablet" -- all pretty horrible. And now that waste product of mobile telecom, the "selfie," has been pronounced the "Word of the Year" by esteemed lexicographers Oxford Dictionaries, reports the BBC. Mind you, it could have been worse -- "twerking" was also on the shortlist.

    The selfie has been around longer than you think.
    The selfie has been around longer than you think.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

  • Kruz 11/20/2013 | 8:41:25 AM
    SAP RCS How is the mobile arm of SAP planning to fight with latency with its cloud-based RCS infrastructure?
    mendyk 11/19/2013 | 9:45:44 AM
    mobile wallets Mobile payment apps are going to be a big economic driver in developing economies. What's less clear is whether this translates into a significant growth opportunity for network operators and technology suppliers.
    [email protected] 11/19/2013 | 8:08:49 AM
    Great selfie shot.... That is a classic selfie pic.... amazing how last these digital images can survive!!
    [email protected] 11/19/2013 | 8:07:50 AM
    Worker protests Seems there will be some unrest to go with the Nokia shareholder vote today... Nokia staff protest has already taken place in China

    http://www.techinvestornews.com/Microsoft/Microsoft-Bloggers/nokia-china-dongguan-factory-employees-protest-their-sale-to-microsoft
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