Euronews: Nov. 26

Intune Networks , BT Group plc (NYSE: BT; London: BTA), TDC A/S (Copenhagen: TDC), and Alcatel-Lucent (NYSE: ALU) head the queue in today's roundup of Euro telecom snippets.

  • Irish optical equipment vendor Intune Networks fancies its chances of being acquired or staging an IPO within three years, the company’s optimistic CEO Tim Fritzley told The Irish Times. If anyone has a picture of a 'For Sale' sign pitched outside Intune's Dublin headquarters, please send it in... (See Intune Gets Another €3M and Intune Joins Telefonica Project.)

  • A report from the European Commission reveals that while broadband speeds across Europe are improving, there is still some way to go before the Commission’s Digital Agenda targets -- including having at least half of all households hooked up to 100 Mbit/s connections by 2020 -- are met. (See Europe's Broadband Challenge and EC Eyes Broadband Progress.)

  • Indian conglomerate Mahindra & Mahindra has agreed to buy a chunk of BT's stake in Service Provider Information Technology (SPIT) specialist Tech Mahindra Ltd. , reports Reuters. (See India Profile: Tech Mahindra.)

  • The private-equity owners of Danish operator TDC are looking to raise around 22.5 billion kroner (US$4 billion) from a stock sale and buyback, reports Business Week. (See TDC Owners Plan Stock Sale, TDC Owners Prep Sale, and Private Equity to Play Big Role in European M&A.)

  • With the help of AlcaLu's 1626 Light Manager (enhanced with coherent optical technology) and 7750 Service Router (equipped with 100 Gigabit Ethernet cards), Portugal Telecom SGPS SA (NYSE: PT) has demonstrated a 100 Gbit/s connection on a DWDM link between the cities of Lisbon and Oporto. A celebratory sip of sherry is surely called for... (See Portugal Telecom Does 100G.)

  • Satellite services firm Avanti Communications Group is promising to bring affordable broadband services, using KA-band technology, to remote areas all across Europe with the launch of its HYLAS 1 satellite today. Avanti says it has struck resale deals with 60 European ISPs in 24 countries, and expects the entry monthly price for its service (with broadband connections in the range of 2-10 Mbit/s) to start at €25 ($33). What we don't know is whether the company is named after the 1972 Billy Wilder movie starring Jack Lemmon. (See Avanti Launches Broadband Satellite.)

    Elsewhere in Europe:

    — Paul Rainford, Assistant Editor, Europe, Light Reading

  • digits 12/5/2012 | 4:17:28 PM
    re: Euronews: Nov. 26

    Check out the Irish Times interview with Intune - it's a massive 'come and get us' call to Cisco, Alcatel, Ericsson...

    Pete Baldwin 12/5/2012 | 4:17:18 PM
    re: Euronews: Nov. 26

    The article also mentions they're using Intune to broadcast a sold-out music festival to nearby locations.  Seems like overkill, but it's certainly good publicity.


    I realize Intune has relatively recent funding and a couple of network deals in Ireland, but still.... you can't help but look at Matisse Networks.... Is Intune just run differently, or is optical burst technology going to be a dead end all around?

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