Euronews: Telefónica Does the Madrid Shuffle

Telefónica SA (NYSE: TEF), Nokia Networks and Alcatel-Lucent (NYSE: ALU) are the usual suspects in today's EMEA line-up.

  • Telefónica has had its second management reshuffle in a year, replacing Julio Linares with Jose Maria Alvarez-Pallete as COO, and appointing Eva Castillo as head of the European business, filling Alvarez-Pallete's shoes. It is the latest in a series of moves by the Spanish giant intended to stem the loss in revenues in its recession-hit domestic market. (See Telefonica Restructures, Creates New Units, Euronews: Layoff Costs Tear Into Telefonica's Q3 and Euronews: S&P Cuts Telefonica's Rating.)

  • Nokia Siemens Networks is claiming a Long Term Evolution Time Division Duplex (LTE TDD) world speed record following a demonstration in Illinois. Using its Flexi Multiradio 10 base station, NSN achieved, it says, overall throughput rates of 1.6Gbit/s, which would allow a 3GB HD movie to be downloaded in 24 seconds. This represents the vendor's fifth LTE speed record claim in the past six months. (See NSN Claims LTE TDD Speed Record and NSN Claims LTE TDD Speed Record.)

  • Alcatel-Lucent has notched up a CEM (customer experience management) win at Belgacom SA (Euronext: BELG), deploying its Service Quality Manager software to enable the operator to accurately report on a range of key performance and quality indicators. This deal is symptomatic of carriers' growing recognition of the power of CEM. (See Belgacom Manages Mobile Quality With AlcaLu and Carriers to Pump More Cash Into CEM.)

  • U.K.-based Cable & Wireless Communications has opened talks with Bahrain Telecommunications Co. (Batelco) over the possible sale of CWC's Monaco & Islands unit, which provides fixed-line and mobile services in several island nations, including the Maldives and the Seychelles. An analyst cited by the Daily Telegraph puts the value of the unit at around US$400 million.

  • BT Group plc (NYSE: BT; London: BTA) has teamed up with Game, the U.K.'s biggest high-street video games retailer, to provide free Wi-Fi at Game's 341 U.K. stores to service the needs of smartphone-touting customers. The hope is that the Wi-Fi will be in place in time for the run-up to Christmas, the retailer's peak sales period.

  • U.K. regulator Ofcom could in line for some tough questions following revelations in the Daily Telegraph that it spent nearly £9.4 million ($15.2 million) on redundancy payments during the past five years while actually hiring more than double the number of staff it laid off during the same period.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

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