Europe's global meeting place and premier forum for more than 1000+ users, operators and practitioners of IT infrastructure from more than 35 countries. BroadGroup research forecasts that strong vertical market demand will drive growth in outsourcing to third party datacentres in Europe, and will equate to almost 30% of users by the beginning of 2016.
Swedish equipment vendor Ericsson says it has completed its planned reduction of operations in Sweden, slashing 1,399 positions and laying off 919 employees.
The costs of the exercise are expected to run to approximately SEK1.5 billion ($231 million), which will have an impact on the company’s next set of quarterly results.
Ericsson says the redundancies affected all sites in Sweden apart from Falun, Hudiksvall, Kalmar and Katrineholm.
But Ericsson’s premises in Stockholm bore the brunt of the cutbacks, losing 569 employees.
Hong Kong’s Hutchison Whampoa has reported impressive results across its European telecoms subsidiaries despite ongoing difficulties in Australia.
For the 2012 financial year, the group reported revenue growth in all of its European markets bar Denmark, while earnings before interest, tax, depreciation and amortization increased everywhere except Sweden.
Overall revenues at Hutchison Whampoa’s 3 Group Europe division rose 3% to HK$58.7 billion ($7.6 billion), with earnings up 15% to HK$9.2 billion.
The European Commission has set out rules aimed at reducing the cost of building high-speed broadband networks, in a move that shows how Brussels is seeking more power over the telecoms sector.
The initiative is important because European leaders are worried that debt-laden telecom operators' slow pace of investment is saddling the region with weak infrastructure that over time could hobble its already recession-wracked economies.
Swedish telecoms equipment maker Ericsson said on Tuesday it had sued Indian handset maker Micromax and its distributor for infringement of wireless patent rights.
Ericsson (Stockholm, Sweden) was confirming an earlier report in the Economic Times of India that it had sued after Micromax (Gurgaon, India) refused to sign license agreements for several wireless technologies.
"It is once again about FRAND (fair, reasonable and non-discriminatory terms)," Ericsson spokeswoman Karin Hallstan said. She declined to comment further.
Germany’s Deutsche Telekom has signed what it calls a “nearly double-digit million euro contract” with cargo monitoring service provider arviem for the provision of M2M services.
The operator describes the deal as an “important building block” for expanding its presence in the M2M market.
The two companies are to work together on providing real-time monitoring services for freight consignments, with Deutsche Telekom (Bonn, Germany) contributing hardware and SIM cards while arviem (Baar, Switzerland) provides the software needed to evaluate data.
Middle East operator du has signaled its strong interest in M2M through a new partnership with hardware vendor Gemalto.
The operator says it will use Gemalto’s machine identification modules (MIMs) in all of its major M2M initiatives across a variety of end markets, including the oil and gas, retail, healthcare, power management and transportation sectors.
App-connected vehicles are set to account for 20% of all consumer cars in Western Europe and North America by 2017, according to a new connected-cars study from Juniper Research.
According to the analyst firm, advancements in entertainment head-units and higher smartphone penetration will be largely responsible for the increase in app-connected vehicles over the forecast period.
Speculation about a Vodafone withdrawal from the US is once again mounting after a report in the UK’s Sunday Times newspaper claimed the UK operator is preparing to sell its 45% stake in Verizon Wireless in a deal that could raise as much as $135 billion.
Without saying where it had obtained the information, the Sunday Times said Vodafone (Newbury, UK) was in discussions with joint venture partner Verizon Communications (New York City, NY, USA) and that a sale could happen by the summer.
Canadian new entrant Wind Mobile is being groomed for a sale by parent company VimpelCom, according to a report from Canada’s Globe and Mail newspaper.
According to unnamed sources cited by the newspaper, VimpelCom (Amsterdam, Netherlands) has hired UBS (Zurich, Switzerland) to provide advice on a transaction that could generate up to C$1 billion ($979 million), while AAL Corp – the investment company owned by Wind Mobile (Toronto, Canada) chief executive Anthony Lacavera – is considering whether to bid for the operator in partnership with Naguib Sawiris.