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Eurobites: Altice Eyes Portugal Telecom Bid

Also in today's EMEA regional roundup: Spirent profits warning hits share price; Nokia does live VoLTE for du; BSkyB's takeover plans please shareholders.

Paul Rainford

October 7, 2014

2 Min Read
Eurobites: Altice Eyes Portugal Telecom Bid

Also in today's EMEA regional roundup: Spirent profits warning hits share price; Nokia does live VoLTE for du; BSkyB's takeover plans please shareholders.

  • Altice, the French group that owns cable operator Numericable-SFR and SFR , is rumored to be bidding to buy Portugal Telecom SGPS SA (NYSE: PT), Reuters reports. If it went ahead, the deal would break up the proposed merger of Brazil's Oi and Portugal Telecom, which was first agreed more than a year ago. The terms of that troubled merger were renegotiated this summer, causing the CEO of Portugal Telecom to quit. Altice already owns cable and business services operations in Portugal (Cabovisão and Oni), so the move fits in with its M&A strategy of acquiring assets in markets where it already has a presence. Portugal Telecom generated revenues of €2.9 billion (US$3.66 billion) in 2013 from its near 5.2 million fixed line and 7.9 million mobile customers. (See Euronews: Portugal Telecom Agrees Oi Merger.)

    • Spirent Communications plc saw its share price plummet by 19% on the London Stock Exchange after it warned that "soft" market conditions would result in worse-than-expected financials for the second half of this year. The UK-based test systems specialist issued a trading statement to say that "demand levels dipped sharply as a result of merger activity and delays in capital expenditure as future new technology deployments are being assessed in areas in which Spirent has increased its investments." (See Spirent Slammed by Slowdown.)

    • Nokia Networks has been helping Emirates Integrated Telecommunications Co. (du) implement voice-over-LTE (VoLTE) on its live, multi-vendor network. Nokia's VoLTE offering is based on its IMS platform and was implemented in 80 days, which the vendor is claiming as a world record. (See Nokia Networks Helps du Make VoLTE Calls.)

    • British triple-play provider Sky has won shareholder approval for its plan to buy Sky Deutschland Fernsehen GmbH & Co. KG and Sky Italia from Rupert Murdoch's 21st Century Fox, Reuters reports. BSkyB is hoping that the double takeover, which will cost up to £7.4 billion ($11.8 billion), will give it the chance to expand in mainland Europe.

    • Televõrgu, the Swedish wholesale network operator, has deployed ADVA Optical Networking 's 100G core to connect Northern and Eastern European countries to Central Europe over a route that passes through the Baltic states and Poland. ADVA's solution uses coherent detection technology and RAMAN amplification to transport up to 9.6 Tbit/s of data across 3,000km of fiber.

    • Belgian cable operator Telenet has upgraded its Leap policy control software, partly so it functions better within a virtualized environment and integrates with Telenet's new DPI infrastructure. Leap is supplied by Israel's FTS (London: FTS), a long time Service Provider Information Technology (SPIT) specialist. (See Telenet Upgrades Its FTS Policy Control System.)

      — 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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