Also in today's EMEA regional roundup: Vodafone eyes German ISP; Telia flags up profit warning; Ericsson in distribution deal with QYOU; Dixons Carphone hangs up on Spain.
The trend for network operators to buy content producers continues with Altice
, the acquisitive player that has its roots in France but is now officially based in the Netherlands, agreeing to buy Portuguese group Media Capital for 440 million (US$502 million). Media Capital, which owns content producer Plural, recorded revenues of 174 million ($198.6 million) and EBITDA of 41.5 million ($47.3 million). According to a statement, the acquisition "forms part of Altice's global convergence strategy" and it follows similar moves in France, the US and Israel. Yesterday it was reported that Altice was also moving into banking, thereby stealing a march on French rival Orange. (See Altice Puts Squeeze on Orange With Bank Move Report.)
Vodafone Group plc (NYSE: VOD)
is lining up the acquisition of German ISP Deutsche Glasfaser for an unknown sum, according to a report in German IT publication Golem.de. Citing a source with knowledge of the plans, Vodafone believes that adding Deutsche Glasfaser to its existing German operations will strengthen its competitive position against Deutsche Telekom in the fixed broadband market. In Germany, Vodafone currently owns Kabel Deutschland GmbH in addition to operating in the mobile services market. Deutsche Glasfaser, which is majority owned by private equity house KKR, is building an FTTH network in multiple suburban and rural locations across the country, has already invested more than 200 million in its network and plans to connect 400,000 households by the end of 2018. This week it launched a gigabit broadband service for residential users.
Trouble in central Asian markets is being partly blamed by Nordic operator Telia for an anticipated 1.2 billion Swedish kronor ($144 million) hit on second-quarter earnings, Reuters reports. The operator is intending to focus on its Nordic and Baltic operations from here on in, having been rocked by the backwash from alleged corruption relating to its central Asian divisions in recent years.
Ericsson AB (Nasdaq: ERIC) has entered into a distribution agreement with QYOU Media, which the vendor describes as a "curator of premium 'best-of-web' video for multiscreen delivery" (be afraid). The deal brings QYOU content to the Ericsson Unified Delivery Network, the hope being that this will help reach those elusive but important (in advertising terms) millennials via connected TVs and set-top boxes.
Having already abandoned its US retail joint venture with Sprint earlier this year, UK mobile phone seller Dixons Carphone has sold its Spanish business -- which embraces The Phone House of Spain, Smarthouse and Connected World Services Europe -- to Bilbao-based Global Dominion Access for 62.8 million.
Light Reading is spending much of this year digging into the details of how automation technology will impact the comms market, but let's take a moment to also look at how automation is set to overturn the current world order by the middle of the century.
Understanding the full experience of women in technology requires starting at the collegiate level (or sooner) and studying the technologies women are involved with, company cultures they're part of and personal experiences of individuals.
During this WiC radio show, we will talk with Nicole Engelbert, the director of Research & Analysis for Ovum Technology and a 23-year telecom industry veteran, about her experiences and perspectives on women in tech. Engelbert covers infrastructure, applications and industries for Ovum, but she is also involved in the research firm's higher education team and has helped colleges and universities globally leverage technology as a strategy for improving recruitment, retention and graduation performance.
She will share her unique insight into the collegiate level, where women pursuing engineering and STEM-related degrees is dwindling. Engelbert will also reveal new, original Ovum research on the topics of artificial intelligence, the Internet of Things, security and augmented reality, as well as discuss what each of those technologies might mean for women in our field. As always, we'll also leave plenty of time to answer all your questions live on the air and chat board.