Test & Measurement

Euronews: Spirent Q1 Profits Up 15%

Spirent Communications plc , Portugal Telecom SGPS SA (NYSE: PT) and EE lead the pack in today's foray into the EMEA news thickets.

  • Spirent Communications, the U.K.-based test and measurement specialist, saw first-quarter operating profits rise 15 percent year-on-year to US$27.2 million, with its performance analysis business going great guns. Spirent has only just completed the acquisition of applications test system specialist Mu Dynamics for US$40 million. (See Spirent Posts $27.2M Profit in Q1 and Spirent Splashes $40M on Cloud M&A.)

  • Portugal looks set to get more 4G mobile broadband as Reuters reports (in Portuguese) that Portugal Telecom SGPS SA (NYSE: PT) plans to roll out Long Term Evolution (LTE) to cover 80 percent of the country's population. Vodafone Portugal also offers LTE services in the country. (See Vodafone Preps LTE Launch in Portugal and Vodafone Launches LTE in Portugal.)

  • Everything Everywhere, the joint venture between Orange UK and T-Mobile (UK) , is reporting an underlying year-on-year 2.9 percent revenue growth in its first-quarter results -- though that excludes the effect of cuts in mobile termination rates imposed by the European Commission . The percentage of postpaid subscribers is up, but surprisingly perhaps they are still in the minority, at 49 percent of total subscribers. Orange (NYSE: FTE), Orange's parent company, is due to report on Thursday. (See Data Drives Q1 Growth for Everything Everywhere and Britain's Bloomin' LTE .)

  • Nokia Corp. (NYSE: NOK) seems to be focusing (geddit?!) on the photography side of its smartphone offer as a potential and much-needed U.S.P. as it extends its partnership with Carl Zeiss, the top-end lens manufacturer. One of the fruits of their collaboration, the Nokia 808 PureView smartphone, which comes complete with a 41-megapixel camera and turned a few heads at Mobile World Congress, will begin rolling out this month in selected markets. Not a phone you want to stuff in your jeans pocket with your scratchy car keys, perhaps. (See Nokia 808 PureView Coming in May, Nokia, Carl Zeiss Get Closer for Camera Phones, Nokia Loses Its Mobile Crown, Euronews: Fitch Junks Nokia and Is Nokia Losing Operator Support? .)

  • Sky may be in the headlines at the moment for all the wrong reasons, but its financials are still looking fit and proper, with third-quarter operating profits up 25 percent year-on-year at £939 million ($1.2 billion).

    — Paul Rainford, Assistant Editor, Europe, Light Reading

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