Analysis

The CEO of Scandinavian operator TeliaSonera has revealed he is investing €1.5 million of his own money in MegaFon, the Russian mobile operator that is due to start trading as a public company on Wednesday.

Alcatel-Lucent registered another loss-making quarter as the company’s tardy transformation programme began to make an impact.

The France-based vendor made a loss of €156 million between July and September as revenues fell 2.8 percent year-on-year to €3.6 billion.

With much of the focus on broadband access over the last few days, it is easy to forget that there’s little point in operators investing in super-fast next gen pipes if they have not got the right strategy in place to offer the content and services that will benefit both themselves and their customers.

Other Categories in Features