Networks

Consolidation is coming in the European telco space – Orange

While consolidation has been king in the world of the internet and the communications networking vendor market, the same trends have not been seen to date in the telecom operator space. Not for long according to Orange’s Deputy CEO Gervais Pellissier.

EE sale props up $3.5bn profits at Orange

Orange has released financials for the first half of 2016 where the team reported profits of $3.48 billion, largely due to the $12.5 billion sale of EE to BT, which was completed in late January.

Samsung refutes talk of selling off its networks business

Samsung Electronics has strongly denied rumours that it is looking to sell its mobile comms kit making business, issuing a statement that the rumours are ‘entirely groundless’ and that it has ‘no intention to pull out from its network business’.

Nokia downsizing set to continue with rumoured sale of HERE

Nokia Oyj is apparently looking into flogging one of its three remaining business arms, as its focus on the continued growth of its networking arm increases further, according to reports from Bloomberg. The report, which cites people familiar with the matter, reckons the mapping arm of Nokia, HERE, is being touted to various global parties.

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