Ireland’s incumbent operator Eircom said this week it has appointed Goldman Sachs International and Morgan Stanley & Co. International to explore strategic options including a potential international offering and listing (IPO).
UK regulator Ofcom has outlined its approach for managing wireless spectrum over the next decade. The regulator’s Spectrum Management Strategy is part of the Government’s plan to double the amount of money it raises annually from spectrum services to £100bn by 2025.
Ericsson has announced Rima Qureshi, a 20-year veteran of the company, as its new chief strategy officer, following the resignation of Doug Gilstrap earlier in April. Gilstrap joined Ericsson in 2009.
UK MVNO Samba Mobile has closed down its business due to unsustainable mobile data costs. The service launched in July 2012 offering subscribers free mobile data usage in return for viewing adverts and ran on 3UK’s mobile network. It’s a business model several have tried and none have yet succeeded with.
European operator group KPN reported a whopping 98 per cent year on year drop in net income for the quarter to the end of March. The operator blamed intense competition in its mobile markets leading to decline in ARPU and competitive pressure in the business environment for the steep decline in profitability.
UK operator EE has posted a year on year drop in revenue for the first quarter of 2014 but said that it saw the highest number of new 4G subscribers during the quarter. The firm’s revenue for the quarter fell 3.6 per cent year on year to reach £1.55bn; the operator did not divulge the size of its quarterly profit or loss.
International operator group Cable & Wireless Communications (CWC) has announced it will divest its 55 per cent stake in Monaco’s sole mobile operator for €321.79m to a private investment firm controlled by the founder and majority shareholder of France’s newest mobile operator Free Mobile, Xavier Niel.
Latin American operator group America Movil has announced its intention to acquire all outstanding shares in European operator group Telekom Austria.
European operator group TeliaSonera has seen net sales and operating income decline in the first quarter of 2014.
Network Functions Virtualization (NFV) is set to become one of the defining trends of the era in the mobile network. Spanish incumbent Telefónica is the first operator to lay out its approach to NFV and its plans are both detailed and aggressive. Mike Hibberd met with Global CTO Enrique Blanco ahead of Telefónica’s NFV announcement, to learn of the changes in store.
European operator group Telecom Italia has appointed Giuseppe Recchi as its chairman of the Board of Directors. Recchi’s appointment ends a six-month wait for a successor to former chairman Franco Bernabe, who also served as CEO at the firm.
European operator group Telefónica has launched what it says is the world’s first telco-powered real-time mobile advertising exchange platform. The Spanish firm has teamed up with GSO Capital Partners, a division of US investment firm Blackstone, to create Axonix; a firm that intends to act as a marketplace for mobile publishers and advertisers to target adverts at consumers.
UK fixed line players Sky and TalkTalk have created a joint venture to deliver fibre to the premises across the city of York. The firms have taken equal shares in the JV, along with fibre infrastructure provider CityFibre, to build a nationwide FTTP network promising broadband speeds of up to 1Gbps to businesses and homes in the city.
Telekom Austria’s Bulgarian subsidiary Mobiltel, said Tuesday it has extended its licence for 900MHz and 1800MHz spectrum to 2024. The company paid €30.6m for the extension.
Cloud TV and connected home specialist Entone has announced a deal with Vodafone Netherlands that will see the Dutch operator deploying the Californian supplier’s IPTV services. Under the Vodafone Thuis brand, Vodafone will deliver TV services including video-on-demand and Pause Live TV over its FTTH network.
French incumbent Orange has launched a partnership programme through which it intends to offer scale benefits and wholesale services to smaller operators. The first operators to sign up to the Orange Alliance programme are French-Polynesian firm Vini and third-placed Portuguese player Zon Optimus.
Facebook has been warned it risks alienating users as it seeks to grow the reach of its Facebook Messenger app as a platform for communications, content and commerce. The company has decided to remove its mobile app’s messaging capabilities in some European markets so that users have to download Facebook Messenger instead.
Operator group Telekom Austria has parted ways with group chief financial officer Hans Tschuden. His exit appears to be over a conflict with the operator’s Works Council concerning Latin American operator group America Movil, which recently increased its shareholding in the firm.
French conglomerate Vivendi has accepted investment vehicle Altice’s offer for its mobile operator subsidiary SFR. Under the terms of the offer SFR will merge with Altice subsidiary and cable operator Numericable and Vivendi will receive €13.5bn for SFR as well as a 20 per cent stake in the new merged entity. The firm estimates the total value of the offer at around €17bn.
Operator group Orange’s enterprise-focused unit has teamed up with management consultancy and technology services provider Accenture to help large enterprises devise their cloud strategies. The two firms will also set out to support enterprises moving their infrastructure and applications to the cloud.