Also in today's EMEA regional roundup: O2 IPO rumor resurfaces; Orange teams up with Facebook on accelerator program; Telekom Austria's Q1; CityFibre's full year.
BICS , the wholesale carrier subsidiary of Belgium's Proximus , is to acquire TeleSign, the US-based specialist in authentication and mobile identity services. In a statement, Proximus says that the $230 million deal will help it expand its presence in the Americas and create the "first global end-to-end Communication Platform as a Service (CPaaS)." TeleSign claims more than 500 customers from industry sectors such as social networks, gaming and e-commerce.
Orange (NYSE: FTE) is collaborating with Facebook on a new startup accelerator program that places the focus on network infrastructure innovation. The program falls within the ambit of the Telecom Infra Project (TIP), which itself is part of Facebook's grand vision for a more connected world. The startups selected to take part will be able to draw on the expertise of specialists at Orange, Facebook and the wider TIP community. (See First Year TIPs the Scale Toward Success.)
EBITDA (earnings before interest, tax, depreciation and amortization) at Telekom Austria Group rose 0.6% to €339.5 million (US$369.8 million) on revenues that rose 4.1% to €1.058 billion ($1.152 billion) in the first quarter. Group outlook for the year, including capex of approximately €725 million ($789.8 million), remains unchanged.