Eurobites: AlcaLu holds on to subsea unit

Also in today's EMEA regional roundup: Astellia signs RAN optimization agreement with Telefónica; Euskaltel ups price for rival; MTS wins spectrum.

  • Alcatel-Lucent (NYSE: ALU) has decided to hold on to its subsea cable unit, ASN, as a wholly owned subsidiary, rather than making it the subject of an IPO, which was the plan it announced last year. Once Nokia Corp. (NYSE: NOK)'s proposed takeover of AlcaLu goes through, however, Nokia expects to run ASN as a separate entity. ASN has laid more than 575,000km of fiber worldwide. (See Alcatel-Lucent Preps Submarine IPO, Expects Core Growth.)

  • France's Astellia has signed a two-year global framework agreement with Telefónica covering RAN optimization. The Spanish carrier hopes its units worldwide will be able to benefit from Astellia's radio optimization expertise in multi-techno, multi-vendor environments.

  • Euskaltel , Spain's Basque Country cable operator, is paying more for its rival R Cable than originally planned, and paying all in cash, reports Reuters. The new price, which reflects an improved outlook for R Cable, is €1.19 billion (US$1.34 billion), compared with €1.155 billion ($1.74 billion) proposed in July.

  • Russia's Mobile TeleSystems OJSC (MTS) (NYSE: MBT) has won licenses to provide mobile services in the country's first ever online auction of spectrum. The operator was allocated licenses in the GSM standard, LTE standard and its subsequent modifications in the 1710-1785MHz and 1805-1880MHz ranges in Amur Region, North-Ossetia-Alania, Orenburg Region, Perm Krai and in Komi-Perm District. In total, MTS paid 1.911 billion Russian rubles ($30.8 million) for the licenses.

  • Swisscom AG (NYSE: SCM) 's appeal against a fine imposed by the Swiss Competition Commission for alleged improper pricing of broadband services has met with only partial success, with the fine being reduced from 219 million Swiss francs ($226 million) to CHF186 million ($192.4 million). The operator is to lodge another appeal, this time with the country's highest legal authority, the Federal Supreme Court.

  • Indosat, Tele2 AB (Nasdaq: TLTO) and Telefónica's Vivo Participacoes SA have become the latest operators to throw their weight behind the GSMA Embedded SIM Specification, which, as its name suggests, is an M2M standard backed by the GSM Association (GSMA) . According to the GSMA, all three operators have launched commercial offerings based on the standard.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

  • Be the first to post a comment regarding this story.
    Sign In