Also in today's EMEA regional roundup: Altice-Oi deal gets EU approval; gigabits on trains; BT's cloud of clouds; ARM's up.
Cable giant Liberty Global Inc. (Nasdaq: LBTY) has turned to Sweden's Transmode Systems AB for the rollout of 100G services in Europe to help it cope with increased network traffic. Liberty is using Transmode's pluggable-optics-based TM-Series platform in its existing metro and regional networks. Transmode is currently the target of a $350 million takeover offer from Infinera Corp. (Nasdaq: INFN), which is hoping to make further inroads into Europe. (See Liberty Global Deploys Transmode's Metro 100G Gear, Infinera Coming Closer to Mastering the Metro and Infinera Makes $350M Offer for Sweden's Transmode.)
EU regulators have given the green light to Altice's planned €7.4 billion (US$7.9 billion) purchase of the Portuguese assets of Brazil's Grupo Oi, reports Reuters, with the proviso that Altice sells its current Portuguese businesses. (See Eurobites: Portugal Telecom Shareholders Approve Oi Deal.)
A year-long study conducted by Swiss Federal Railways has come to the conclusion that optical fiber is suitable to be used for gigabit networks on trains, reports railway-technology.com. The trial put a number of components through their paces, including fiber cables, connectors and databus cables from Huber+Suhner Inc. , and no signs of environmental damage were detected.
BT Group plc (NYSE: BT; London: BTA) has launched what it calls its "cloud of clouds," a new brokering service that takes advantage of BT's global network infrastructure and can call on cloud offerings from BT itself as well as the likes of Amazon, Cisco, Equinix, HP and Microsoft.
Chip designer ARM Ltd. has seen first-quarter revenues rise 14% year-on-year to $348.2 million and pre-tax profits rise 33% to 120.5 million. In a statement, CEO Simon Segars said that the popularity of the ARMv8-A and Mali graphics processors bodes well for future revenue growth.
Vodafone Group plc (NYSE: VOD) has struck a deal with South Africa-based MTN Group Ltd. that will allow customers of Vodadone's M-Pesa mobile money system in Kenya, Tanzania, Democratic Republic of Congo and Mozambique to transfer money via smartphone to those using MTN's equivalent offering, MTN Mobile Money, in in Uganda, Rwanda and Zambia. (See Vodafone M-Pesa & MTN Mobile Money Interconnect in East Africa .)
Successfully working out better ways to make money from mobile data was one of the factors driving first-quarter revenue and EBITDA growth at Sweden's Tele2 AB (Nasdaq: TLTO). Net sales for the group grew by 6% to 6.51 billion Swedish kronor ($750 million), while EBITDA reached SEK1.42 billion ($163 million), compared with SEK1.36 billion ($156 million) in the same period a year ago.
— Paul Rainford, Assistant Editor, Europe, Light Reading