Vodafone joins chase for ONO deal
Vodafone has approached cable company ONO’s owners about a potential acquisition as the Spanish cable provider discusses an initial public offering or a sale, reports Bloomberg. A bid by Vodafone would need to be in the range of €7 to €8 billion to win the board’s backing, based on feedback from recent investor meetings for a share sale, a source told Bloomberg.
Global Telecoms Business
Gusto Telecom starts ‘massive’ expansion
Firm to double operational space with move to new premises, with plans to triple staff numbers before the end of the year. Gusto Telecom is to treble staff and relocate to a new 20,000 square foot office and warehouse as part its “massive” expansion plans this year. The accessory manufacturer and distributor is switching from Coventry, its home since its formation in 2012, to a new complex double the size in Banbury.
EU network tech boss: Europe to take the lead on 5G
At the 5G@Europe Summit on Monday, the head of network tech at the EC’s DG for Comms Networks, Content & Technology, Thibaut Kleiner, said Europe would “lead” the way with 5G, leading to growth in the IT sector and the economy at large. The Munich event was heavily sponsored by Huawei and while panel members included representatives from French telecom and networking company Alcatel-Lucent and NSN, panels were led by Huawei reps and only Huawei fielded individual speakers.
Virgin Atlantic launches Google Glass pilot scheme
Concierge staff in the airline’s Upper Class Wing will be using Google Glass and other wearable technology as part of a six week pilot scheme in an industry first. Staff will use the Glass google to update passengers on their latest flight information, weather and local events at their destination and translate any foreign language information.
Icahn backs down on Apple buyback crusade
Activist investor Carl Icahn seems to have abandoned his campaign to pressure Apple into increasing its stock buyback, following recommendations to shareholders from Institutional Shareholder Services Inc. that he should be ignored. Proxy advisory firm Egan-Jones also advised against voting for Icahn’s $50bn buyback idea. Icahn has been laying the pressure on Apple since August 2013, originally asking CEO Tim Cook to raise the company’s original $100bn buyback scheme, as he believed it to be “extremely undervalued”.
“The Mask” spying operation targeted 31 countries – including the UK
Security firm Kaspersky Lab has uncovered a spying campaign which infected more than 380 targets and has been running undetected since 2007. Called “The Mask” after a Spanish word – careto – which pops up repeatedly in the malware’s code, the campaign is thought to be the first started by a Spanish-speaking country. The campaign has targeted government agencies, energy companies and activists, in 31 countries including in the UK.
Flickr celebrates 10th birthday just a week after Facebook
Move over, Facebook. Another site is joining the double-digit club — Flickr. The Yahoo-owned photo-sharing site launched on February 10 2004. A decade after hitting the scene, Flickr now boasts nearly two million groups, and its users share around a million photos every day, the company wrote in a blog post. “It’s exciting for me to celebrate Flickr’s birthday!” co-founder Stewart Butterfield said in a statement.
Apple TV adds The Beatles channel to mark 50th anniversary of US debut
Apple has launched a new station on Apple TV dedicated to iconic Liverpudlian rock group The Beatles. The channel has been launched to celebrate the 50th anniversary of the band’s historic appearance on The Ed Sullivan Show, which marked their US debut.It highlights footage from The Beatles three consecutive appearances on the variety show and promotes their US albums, recently launched on iTunes for the first time.
Ofcom renews ITV, STV, UTV and Channel 5 licenses for 10 years
Ofcom has announced its decision to renew the licenses of ITV, STV, UTV and Channel 5 for a further 10-year period commencing from 1 January 2015. The move prevents the licenses from expiring at the end of the year and dovetails with a separate determination of the areas covered by the individual channel 3 licenses.