Market & Technology News

Security and control means cloud compromise for EC

Europe cannot fast-track itself into the digital world even though the EC is pushing for change. This will force the hybrid cloud model on government and industries, and probably mean a multiple speed adoption at varying rates across countries.

Austria's virtual mobile sector booming

Austria's rising mobile rates and smartphone use are attracting new entrants. A new mobile operator plans to start up in Austria next year, bringing fresh competition into the market after Hutchison Whampoa's takeover of Orange Austria.

Smartphone use to triple in five years

Ericsson's Mobility Report reveals that mobile subscriptions are expected to reach 9.3 billion by 2019, and more than 60% of these - 5.6 billion - will be for smartphones.

Capgemini returns to growth as France picks up

French technology consultancy Capgemini kept its full-year sales and profitability goals on Thursday as revenue returned to positive growth in the third-quarter amid improving demand in Europe, notably in its core French market.

EC backs IT skills boost in Lithuania

EC tech leader Neelie Kroes has welcomed a Memorandum of Understanding officially launching the Lithuanian National Digital Coalition in Vilnius.

Benelux public sector IT decline in Ordina results

Ordina's recurring earnings (EBITDA) margin rose to 4.5% (Q3 2012: 2.8%) as cost-cutting continued. Turnover fell 2.7% to €92.8m. Corrected for the impact of the extra working day and the loss of the offshore component from the Rabobank contract, turnover was up 1.9%, it says.

Alcatel-Lucent encouraged by Q3

Alcatel-Lucent's Q3 net loss narrowed to €200m from €316m a year earlier and came in better than analyst expectations of €274m.

Evry adds another Nordic card business

EVRY ASA has agreed to purchase all the shares in TAG Systems Finland OY, which is a card personalisation company in Finland and the Baltic States.

Bechtle Q3 up

Bechtle has announced a 30% y/y increase in earnings before taxes in the third quarter, according to preliminary analyses.

Telenor buys Tele2 Swedish fibre and cable business

Telenor Sweden has announced it has bought Tele2’s Swedish fibre and cable business serving the consumer market for SEK 775m (€ 88.2m) as the company continues its commitment in broadband and television services, it says.