Euronews: Oct. 13

TDC A/S (Copenhagen: TDC), NTT Communications Corp. (NYSE: NTT), BT Group plc (NYSE: BT; London: BTA), and Cable & Wireless Worldwide plc (London: CW) are just some of the big fish in the fetid pond that is today's roundup of Euro telecom news.

  • A December share sale date has been set by the private equity owners of Denmark's TDC, reports Reuters. The Blackstone Group , Permira , Kohlberg Kravis Roberts & Co. (KKR) , Providence Equity Partners , and Apax Partners together own 88 percent of the operator. (See TDC Owners Prep Sale.)

  • Japanese carrier NTT is making its point of presence (POP) felt in Europe by adding its own managed VPN capabilities in a number of locations in Germany, Poland, Spain, and Sweden. That expansion, plus its imminent acquisition of global IT services firm Dimension Data Holdings plc (London: DDT), are the latest in a series of moves putting the wind up the likes of AT&T Global Network Services and BT Global Services . (See NTT POPs Into Europe.)

  • The wide-ranging review of UK government spending by tax-savvy billionaire retail tycoon Sir Philip Green, which singled out fixed-line telecom procurement as the best example of how hundreds of millions of pounds could be saved, hit the share price of both BT and C&W Worldwide where it hurts. BT's share price dipped nearly 3 percent to 142.9 pence on the London Stock Exchange on Tuesday, while C&W Worldwide saw its stock drop 2.8 percent to 73.7 pence. Thanks, Phil! Nice tan, by the way. (See BT Dips on Green Report.)

  • JANET , the network that serves the UK's education and research communities, has chosen London-based Exponential-e Ltd. as a key supplier of data transmission services. The Ethernet services specialist is pulling together access and transport connections as part of a four-year deal valued at £80 million (US$127 million). (See Janet Picks Exponential-e.)

  • The telecom sector's scramble for African assets continues, reports Bloomberg: The Nigerian government has approved the sale of Nigerian Telecommunications Ltd. (Nitel) , the state telco, to Dubai’s Minerva Group and its partners, for an initial US$750 million. (See AfricaWatch: M&A Frenzy.)

  • More state sell-off news: The Ukrainian government has announced it is to hold a public auction for fixed-line operator JSC Ukrtelecom , in which it holds a 93 percent stake, reports Reuters. The tender will take place on December 28.

    Elsewhere in Europe:

    — Paul Rainford, Assistant Editor, Europe, Light Reading

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