Vivendi's supervisory board on Tuesday unanimously backed a plan to demerge the group's SFR business as it reduces exposure to telecoms and focuses on media.
The French group named Hearst Magazines' (New York City, NY, USA) Arnaud de Puyfontaine head of media and content activities to run the remaining businesses - Universal Music Group (Santa Monica, CA, USA), pay-TV company Canal Plus (Issy-les-Moulineaux, Franc) and Brazilian telecom unit GVT (Curitiba, Brazil).
The supervisory board also confirmed top shareholder Vincent Bollore as chairman of the future Vivendi.
Sweden-based Tele2 has announced its launch of a global M2M business, saying its aim is to become a competitive player in the international market.
The operator provided few details about the focus and features of its M2M offering but said it planned to concentrate on the markets of Sweden, Norway and the Netherlands in the first instance.
However, the operator was quick to point out that Tele2 (Stockholm, Sweden) M2M Global Solutions – as it brands the new business – is already able to serve customers globally.
Deutsche Telekom has announced details of a new smart energy partnership with ista International aimed at helping make energy usage and related costs more transparent for consumers.
Under the tie-up, the operator’s mobile communications network will be used to carry readings from water, heating and power meters to servers managed by ista (Essen, Germany), which specializes in the field of energy management.
Satellite player Orbcomm has secured an agreement with Telefonica that will allow it to make use of the Spanish operator’s GSM network when providing M2M applications.
Orbcomm (Rochelle Park, NJ, USA) already has deals in place that allow customers to benefit from so-called dual-mode connectivity, but the deal with Telefonica (Madrid, Spain) could be significant given the operator’s global presence and particular strength in the Latin America region.
Tiny Denmark, with fewer than 6 million people, supplies half the world's hearing aids, and local makers aim to advance that commanding position as baby boomers and the iPhone generation age.
GN Store Nord, headquartered in Ballerup, near Copenhagen, has a product it hopes will reach that demographic - famously averse to accepting the depredations of age - by taking the stigma out of wearing an aid.
French telecoms incumbent is reportedly in discussions to sell its business in the Dominican Republic to private-equity player Altice for the sum of about €1 billion ($1.35 billion).
According to a report from the UK’s Financial Times newspaper, which cites a source close to the situation, Altice is participating in an auction process being conducted by Orange (Paris, France).
Finnish operator DNA has announced the appointment of Jukka Leinonen as its new chief executive.
Leinonen was previously the company’s vice president of corporate business but has been acting chief executive since the end of August 2013, when former chief executive Riitta Tiuraniemi quit the role.
“The aim of the Board of Directors was to find a CEO who has a strong ability to map out new opportunities for DNA (Helsinki, Finland) in the midst of the upheaval in the telecommunications industry,” said Jarmo Leino, DNA’s chairman.
Microsoft is set to secure unconditional EU regulatory approval for its proposed 5.4-billion-euro ($7.30 billion) takeover of Nokia's mobile phone business, two people familiar with the matter said on Friday.
The deal, announced in September and which includes a 10-year licensing agreement of Nokia's (Helsinki, Finland) patent portfolio, underscores Microsoft's (Seattle, WA, USA) push into the competitive consumer devices market.
It faces fierce competition from market leader Samsung Electronics (Seoul, South Korea) and Apple (Cupertino, CA, USA).
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German software giant SAP has announced plans to expand its strategic partnership with China Telecom into the field of cloud computing.
Under the agreement, China Datacom – a joint venture between SAP and China Telecom subsidiary China Communication Services (CCS) – will offer SAP’s cloud services to businesses in China.
According to SAP’s statement, CCS will also become the first local customer of SAP’s cloud services.