Also in today's EMEA regional roundup: Vodafone/Liberty merger talk resurfaces; Telefónica raises prices in Spain; eCall system becomes a reality.
Rollouts of 100G networks across Europe by cable giant Liberty Global Inc. (Nasdaq: LBTY) have helped boost Transmode Systems AB 's first-quarter results, with revenues increasing 25.1% year-on-year to 289.3 million Swedish kronor (US$34.4 million) and net profits more than doubling to SEK37.8 million ($4.5 million). Liberty has been deploying the Swedish optical vendor's TM-Series platform. (See Eurobites: Transmode Powers Liberty's 100G.)
And, talking of Liberty Global, a new report from analysts Berenberg has again raised the possibility of the cable operator being bought by Vodafone Group plc (NYSE: VOD), according to The Guardian. Berenberg suggests Vodafone should fund such a move by selling some of its assets in Africa, the Middle East and Asia-Pacific. (See Eurobites: Vodafone Chews Over Liberty Merger.)
Telefónica SA (NYSE: TEF) is hoping that imminent price hikes will help put it back on course for growth in its domestic market after a prolonged lean period, reports Reuters. The price increases, of between 5% and 15%, come into force on May 5 and are linked to higher broadband speeds driven by the carrier's near-monopoly of the domestic fiber market.
As the body count grows in Nepal following the earthquake that hit over the weekend, Vodafone has sent over its Instant Network team, equipped with a mobile "network in a backpack," to the stricken area. The network can be set up in just ten minutes, connecting up to five mobile phones to global networks within a radius of 100 meters.
Latvia, which currently holds the rotating presidency of the Council of the European Union, is proposing that operators will have to offer their customers at least 100MB of mobile data at domestic rates when they are traveling throughout the European Union, reports Reuters. The recommendation -- likely to become law -- represents a significant step up from the previous proposal, which suggested a roaming allowance of 35MB of data, as well as 35 minutes of outgoing calls and 35 texts.
Shareholders in Telefónica O2 Czech Republic have given the green light to the plan to spin off the infrastructure unit of the company, reports Reuters.
The long-mooted eCall system, which enables cars to send out emergency signals automatically following their involvement in a major crash, is to become a reality, reports the BBC. The European Parliament has voted for the system to be installed on all new cars and light vans as standard from March 31, 2018.
— Paul Rainford, Assistant Editor, Europe, Light Reading