Euronews: AlcaLu Stock Leaps 16%

Alcatel-Lucent (NYSE: ALU), Vodafone Group plc (NYSE: VOD) and KPN Telecom NV (NYSE: KPN) find a berth in today's cruise through the EMEA telecom headlines.

  • Alcatel-Lucent saw its share price leap by more than 16 percent on the Paris stock exchange Friday morning as it reported full-year 2011 net profit (its first ever) of nearly €1.1 billion (US$1.46), anticipated a better operating performance in 2012 (thanks in part to additional planned cost-cutting measures) and unveiled a program to boost revenues from its patents portfolio. However, full-year and fourth-quarter revenues were down, with spending by the vendor's European customers particularly weak. (See AlcaLu Reports €1.1B Annual Profit, AlcaLu Reports €868M Q4 Profit and AlcaLu Syndicates Its Patents.)

  • European telcos large and small are uniting against revised proposals on roaming charges, according to a report on Euractiv. MEP Angelika Niebler of the European People's Party is proposing to drastically reduce the roaming price caps recommended by Neelie Kroes, the European Commission 's vice president for the Digital Agenda. (See Euronews: EC Probes Samsung on Patents and Regulators Reshape Europe's Roaming Market .)

  • Vodafone has apparently joined the ranks of companies quietly moving their cash out of Greece as a possible default on the country's sovereign debt refuses to go away. Bloomberg quotes Vodafone CFO Andy Halford describing the Greek situation as "something we’ve been having a close look at." (See Euronews: Vodafone Eyes Greek Merger.)

  • Last week's cancellation of 122 2G licenses in India has claimed another victim, with Etisalat 's full-year profits sliding 23.4 percent largely due to an impairment charge at its Indian unit, reports Gulf News. (See India in Shock as 122 Licenses Canceled.)

  • Dutch incumbent KPN Telecom NV (NYSE: KPN) has admitted its network servers were hacked last month, reports Telecompaper, though the operator maintains that no personal customer information was accessed. (See Euronews: KPN's Slide Continues.)

    — Paul Rainford, Assistant Editor, Europe, Light Reading

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