Nordic operator TeliaSonera has issued a statement denying that it has brought forward the hunt for CEO Lars Nyberg's replacement, saying it had started its search before the current controversy over a 3G license deal in Uzbekistan, reports Reuters. In a statement, Chairman Anders Narvinger sought to scotch the rumors, saying: "Finding a replacement for a chief executive at one of Sweden's largest companies is a long process which the board initiated before the current debate started." (See Euronews: TeliaSonera Denies Bribery and TeliaSonera Launches Uzbek Review.)
MegaFon's plan to launch an initial public offering (IPO) on the London Stock Exchange has hit a snag after Goldman Sachs & Co. pulled out of its role as an adviser on the IPO because of concerns over corporate governance issues, reports the Financial Times (subscription required). Comments by MegaFon's controlling shareholder, Alisher Usmanov, are thought to have set the alarm bells ringing.
They'll need plenty of chairs, vol-au-vents and possibly security guards at the International Telecommunication Union (ITU) headquarters in Geneva today, as scores of rival operators and vendors attend a Patent Roundtable, a gathering intended to address the growing problem of patents litigation in the telecom sphere, particularly with regard to so-called RAND (reasonable and non-discriminatory)–based patent policies. The ITU is hoping the "neutral venue" -- in Switzerland, geddit? -- will help, but we can all expect the exchanges inside the hall to be more heated than the weather. (See Making Sense of the Handset Patent Plays.)
Deutsche Telekom AG (NYSE: DT) is to collaborate with Digi International (Nasdaq: DGII), a Minnesota-based machine-to-machine (M2M) specialist, in a deal that will see the German carrier's industrial-grade SIM cards integrated into Digi's wireless gateways and routers, and its M2M SIM management features introduced to the iDigi Device Cloud.