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Euronews: Prism a Wake-up Call, Says DT

Also in today's EMEA regional roundup: Vodafone cuts German jobs; VimpelCom shares slump; Samsung's standalone stores plan.

Paul Rainford

January 29, 2014

2 Min Read
Euronews: Prism a Wake-up Call, Says DT

Also in today's EMEA regional roundup: Vodafone cuts German jobs; VimpelCom shares slump; Samsung's standalone stores plan.

  • Deutsche Telekom AG (NYSE: DT) is looking to accentuate the positive in the wake of the Edward Snowden revelations. In a new report, "Data Privacy and Data Security," the operator, which has been mooting the idea of Germany-only email systems and a Schengen Area Internet, describes the Snowden revelations as "a wake-up call, a thunderbolt, an earthquake," and calls the scandal a "starting point for a positive development." (See Prism in a Big Data World.)

    • You can't keep Vodafone Group plc (NYSE: VOD) out of Euronews this week. Today's helping sees the mobile giant announcing up to 600 redundancies in Germany, reports Reuters, as competition there really begins to bite. On a more positive note, the operator has landed a five-year unified communications deal with the UK's Premier Foods, manufacturer of all-conquering and E-number-enriched brands such as Bisto and Mr Kipling.

    • It's proving a chilly winter for Russia's VimpelCom Ltd. (NYSE: VIP), which has seen its shares drop 13% to $10.14, reports Bloomberg, following disappointing third-quarter revenues and earnings. The operator is still saddled with $27.6 billion of gross debt following a series of acquisitions.

    • Samsung Corp. has done a deal with the British mobile retailer Carphone Warehouse Group plc (London: CPW) (company motto: "We don't sell carphones, and we don't operate out of warehouses") under the terms of which the retailer will run more than 60 standalone Samsung stores across Europe, reports Retail Week.

    • Ericsson AB (Nasdaq: ERIC) is renewing its broadcast services deal with France 24 for another five years. The contract includes round-the-clock operations management and the integration of new kit, not least HD systems, for five studios to improve the broadcaster's quality of service.

    • Orange (NYSE: FTE) has launched an online service that allows people to remotely top up the credit of someone else's phone in more than 100 countries. The service, Orange Top-Up, is aimed at migrant communities or those who are looking for an easy way to send mobile credit to their faraway and impecunious loved ones. See this press release for more details.

      — Paul Rainford, Assistant Editor, Europe, Light Reading

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About the Author(s)

Paul Rainford

Assistant Editor, Europe, Light Reading

Paul is based on the Isle of Wight, a rocky outcrop off the English coast that is home only to a colony of technology journalists and several thousand puffins.

He has worked as a writer and copy editor since the age of William Caxton, covering the design industry, D-list celebs, tourism and much, much more.

During the noughties Paul took time out from his page proofs and marker pens to run a small hotel with his other half in the wilds of Exmoor. There he developed a range of skills including carrying cooked breakfasts, lying to unwanted guests and stopping leaks with old towels.

Now back, slightly befuddled, in the world of online journalism, Paul is thoroughly engaged with the modern world, regularly firing up his VHS video recorder and accidentally sending text messages to strangers using a chipped Nokia feature phone.

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