Telecom news

• Vivendi offers €2.3bn in cash for 60 per cent stake in Havas

  11-05-2017 22:50 via ft.com
  Vincent Bolloré moves to consolidate media empire with communications group bid
  
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• Verizon: Straight and narrow

  11-05-2017 20:50 via ft.com
  Hedge fund had argued US group’s target Straight Path was ‘dramatically overvalued’
  
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• BT tries to reset fortunes with restructuring plan

  11-05-2017 19:47 via ft.com
  British telecoms group will cut 4,000 jobs and lower dividend after difficult year
  
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• Vestberg celebrates having some cash for once by dropping $3.1 billion on 5G spectrum

  11-05-2017 18:45
  
  Verizon has finally been unveiled as the no-so-mystery counter-bidder for Straight Path and its millimeter wave spectrum, having beaten AT&T to the punch.
  Former Ericsson CEO Hands Vestberg, having recently landed the gig to head up Verizon’s network interests, clearly couldn’t resist the novelty of actually having a budget and decided to blow a chunk of it on Straight Path Communications and its high frequency spectrum, that is expected to come in handy once 5G comes to town. So
  
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• Altice pushes towards content goal with Champions League rights

  11-05-2017 18:21 via ft.com
  French telecoms operator SFR struggles, while US unit grows profits 31%
  
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• Regulators Gather at the DSA Global Summit 2017 to Discuss Opportunities Dynamic Spectrum Access Creates to Move From a Place of Spectrum Scarcity to one of Spectrum Abundance

  11-05-2017 17:30
  
  Cape Town, South Africa, 11 May 2017: Regulators representing four different countries from North America, South America and Asia took part in the Regulator Leadership Summit today during day two of the Dynamic Spectrum Alliance (DSA) Global Summit 2017 in Cape Town, South Africa. One key message became clear – enabling greater use of unlicensed or lightly licensed spectrum enables innovation and growth, as well as creating new solutions for long standing problems such as...Source: RealWir
  
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• Dynamic Spectrum Alliance Awards Recognise Innovations in Dynamic Spectrum Access

  11-05-2017 17:01
  
  Six prestigious awards were presented to Agencia Nacional del Espectro (ANE), Mawingu Networks, Brightwave, Microsoft and the University of StrathclydeCape Town, South Africa, 11 May 2017: Six individuals and organisations have been recognised in the first ever Dynamic Spectrum Alliance (DSA) Awards Ceremony. Taking place during a gala dinner at the DSA’s Annual Global Summit in Cape Town, South Africa (May 9-11), the achievements of Agencia Nacional del Espectro (ANE), Mawingu Networks, B
  
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• BT Group: operator waiting

  11-05-2017 16:34 via ft.com
  Full-year results did little to enliven an otherwise dull message
  
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• Prysmian Group and the Italian Permanent Representation to the EU bring national ambassadors and industry together to promote an ambitious European approach towards connectivity

  11-05-2017 16:28
  
  Milan, 11 May, 2017 - Prysmian Group, world leader in the energy and telecom cable systems industry, and the Italian Permanent Representation to the EU today co-hosted a meeting with Ambassadors, Commission officials, the European Investment Bank and telecoms industry representatives, to discuss the EU’s ambitions for its telecoms networks at a crucial moment in the legislative process.With the Parliament poised to finalise its negotiating position on the telecoms reform, and the Council n
  
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• Humbled BT announces 4,000 job cuts, no exec bonuses and flat outlook

  11-05-2017 14:45
  
  A tough year for UK telecoms giant BT has culminated in the announcement of 4,000 job cuts, a downgraded outlook and a massive remuneration cut for senior management.
  The cuts seem to be a direct result of the SNAFU at BT’s Italian arm, which resulted in some hefty write-downs. BT expects to save £300 million over two years by losing those jobs but will take a charge of £300 million as a consequence, so it’s not clear how much that achieves other than symbolic punishment
  
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• Huawei success could create opportunities for Ericsson and Nokia

  11-05-2017 13:37
  
  Huawei’s success has largely come at the expense of more traditional players such as Ericsson and Nokia, but could Chinese success be the catalyst for growth at the former market incumbents.
  At WeDo Technology’s Worldwide User Group meeting the topic of Huawei’s dominance reared its familiar head once more, but with some unexpected conclusions. It’s a story we have heard often enough: Huawei is leading on innovation and cutting costs for customers leading to a surge in ma
  
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• Digital transformation is a journey – just don’t count on ever finishing

  11-05-2017 13:13
  
  It’s a question which has plagued the industry, but Frost & Sullivan’s Karl Whitelock has had a crack at defining the buzziest of buzzwords, digital transformation.
  Speaking at WeDo Technology’s Worldwide User Group meeting, Whitelock, who leads the OSS and BSS division, thinks he has it nailed. Unfortunately for the telcos of the world, his definition and action plan doesn’t seem to play into the strengths of the industry.
  Digital transformation itself is a thankless
  
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• ADLV Goes Live With CPC & Tacho Data

  11-05-2017 13:11
  
  Answering the demands of UK Fleet and Haulage managers, members of the ADLV (Association For Driving Licence Verification www.adlv.co.uk) are now adding Tacho and CPC data to their products. This new ‘live’ data allows ADLV member’s customers to further automate driver checking, streamlining the processes involved and supporting more frequent checks. The move reflects the output of positive and sustained discussions between the ADLV and the DVLA over the last 18 months. The ADL
  
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• Syniverse launches global wifi marketplace

  11-05-2017 11:36
  
  Telecoms transaction processor Syniverse has launched ‘Mobile Marketplace’, which aims to facilitate the trading of wifi resource globally.
  The opportunity addressed by this launch is the perceived complexity of establishing wifi roaming agreements. The ‘mobile’ aspect of the product name seems to refer to its positioning as a B2B service for MNOs and currently they largely have to arrange unique deals with each wifi provider in each geography to be able to offer wifi roa
  
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• BT sheds 4,000 jobs and lowers guidance

  11-05-2017 10:48 via ft.com
  Chief executive to lose bonus after telecoms group endures tumultuous year
  
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• Verizon beats AT&T to Straight Path deal

  11-05-2017 02:00
  Verizon on Thursday beat AT&T in the race to acquire 5G spectrum holder Straight Path, having been identified as the unnamed suitor that lodged a $3.1 billion bid (€2.84 billion) for the company earlier this week.The all-stock deal equates to $184 per share, representing a massive 486% premium on Straight Path's closing share price on 11 January…read more on TotalTele.com »
  
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• BT to cut 4,000 jobs, CEO takes pay cut

  11-05-2017 02:00
  BT on Thursday cut CEO Gavin Patterson's annual pay packet, announced 4,000 redundancies, and lowered its financial outlook, as it grapples with the Italian accounting scandal, and weakness in the domestic public sector and international corporate markets. Patterson will receive £1.3 million (€1.54 million) for the year to 31 March, down from £5.3 million in the previous year. Outgoing finance chief Tony Chanmugam has had his annual pay cut to £258,000 from £2.
  
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