Net income at France Telecom has tumbled by 79%, to €820 million ($1.1 billion), for the 2012 financial year, with writedowns on investments in Poland, Egypt and Romania largely to blame for the sharp decline.
The French incumbent has also reported a 2.7% decrease in revenues, to €43.5 billion, as tough competition in its domestic market and adverse regulatory measures took their toll.
Nokia Siemens Networks has revealed that Samih Elhage will become its new chief financial officer, replacing Marco Shroeter, who is to leave the company “with immediate effect”.
Previously the chief operating officer, Elhage will continue to report to chief executive Rajiv Suri, but the role of chief operating officer is to be “discontinued”.
The UK’s 4G auction has fallen well short of government expectations, raising just £2.34 billion ($3.61 billion) compared with a target of £3.5 billion.
The country’s four existing mobile network operators – EE (Hatfield, UK), Telefonica O2 (Slough, UK), Vodafone (Newbury, UK) and Three (Maidenhead, UK) – all picked up new frequencies, as did fixed-line incumbent BT (London, UK), bidding through its Niche Spectrum Ventures subsidiary.
The UK’s Neul has launched what it claims to be the world’s first white-space chip, which has been designed with M2M and wireless broadband applications in mind.
The company, which is behind efforts to develop an M2M communications standard known as ‘Weightless’, says its ‘Iceni’ chip works across the entire 470–790MHz frequency band and provides a low-cost, lower-power option for M2M applications.
Telematics specialist Wunelli has teamed up with UK network operator EE to explore how M2M might be used to establish driving and vehicle usage patterns.
The ultimate aim is to ensure that UK drivers have instant, free access to a validated score for their driving behavior, without having to download an app and without insurers incurring high costs for data acquisition.
Telenor Connexion, the M2M subsidiary of Norwegian telecoms incumbent Telenor, says it will demonstrate how its connected-cars technology has made Volvo more competitive at the forthcoming Mobile World Congress (MWC) in Barcelona.
Carmaker Volvo (Gothenburg, Sweden) is a long-term customer of Telenor Connexion (Stockholm, Sweden) and the deal between the two companies is to be showcased at the Connected City feature of the MWC later this month.
VimpelCom has struck a deal with Microsoft and Nokia that will allow its customers to buy digital content from the Windows Phone store via their mobile accounts.
The operator says the cost of any application, game or music will either be deducted from a customer’s prepaid card or added to the monthly bill.
France Telecom says it has entered into a put-and-call-option agreement with Sonae that will allow it to sell its entire 20% stake in Portugal’s Sonaecom.
The call is exercisable by Sonae (Maia, Portugal), which owns 53.17% of Sonaecom (Porto, Portugal), over the next 18 months, while the put will be exercisable by France Telecom in the three months following this initial period.
Google Inc and its Motorola Mobility unit struck back on Wednesday against BT Group Plc, filing patent lawsuits against the British telecommunications group more than a year after BT launched its own lawsuit against Google.
BT (London, UK), Britain's dominant fixed-line telecoms group, sued Google (Mountain View, USA) in 2011 over six patents related to mobile technology. But in a lawsuit filed on Wednesday in a California federal court, Google asserted four patents of its own.
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