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Euronews: Telecom Italia Commits to Brazil

Also in today's EMEA regional roundup: eircom's revenues on the slide; DT cuts jobs at T-Systems; Niger cancels third of country's mobile numbers.

  • Telecom Italia (TIM) has made it clear that it has no plans to sell its Brazilian unit, despite rumors to the contrary, reports Bloomberg. Responding to a request for clarification from the Italian regulator, the company said that it isn't trying to sell the unit and that it hadn't received any unsolicited offers for it either. The report adds that Telefónica SA (NYSE: TEF), which is the largest shareholder in Telecom Italia, is thought to favor a sale of the Brazilian business. Last month debt-laden Telecom Italia confirmed that it was selling its entire stake in Telecom Argentina (NYSE: TEO). (See Euronews: Telecom Italia Bails Out of Argentina.)

  • Irish operator eir saw its fiscal first-quarter revenues slump 9% year-on-year to €323 million (US$437.4 million), as it lost retail broadband and mobile customers. On the back of these results, the Irish Times is predicting that the company could become a takeover target in 2014, as restrictions are lifted on the "gray market" trading of its shares, which allows major shareholders to increase their stake.

  • Deutsche Telekom AG (NYSE: DT) is planning to cut up to 6,000 jobs at its T-Systems International GmbH IT services unit, reports Reuters, citing German newspaper Handelsblatt. T-Systems employs 29,000 in Germany.

  • The authorities in the west African state of Niger have cancelled 1.7 million anonymous mobile phone numbers in what they describe as an attempt to improve security. This represents around a third of Niger's total mobile numbers and, reports Reuters, mostly hits subsidiaries of Bharti Airtel Ltd. (Mumbai: BHARTIARTL) and Orange (NYSE: FTE).

  • A London-based startup is this week launching a smartphone specifically aimed at the Indonesian market, reports the Daily Telegraph. The Luvo, from Satkirit Holdings, is an Android handset that has been designed by Yves Behar, the chief creative officer of Jawbone, the US-based audio technology company.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

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