Eurobites: Nokia sells its private wireless business to Aurelius
The Block
1h ago
Ai Focus
Nokia has agreed to sell its private wireless business Enterprise Campus Edge to the private equity firm Aurelius. The transaction amount has not been disclosed, and it is expected to be completed in the first half of 2027. The report also mentions the latest business developments of companies such as Space Norway, BT, Sparkle, Bouygues Telecom, EXA Infrastructure, and Gigaclear.
Helpful
No.Help

Nokia has agreed to sell its private wireless business Enterprise Campus Edge ( ECE ) to the private equity firm Aurelius; the transaction amount has not been disclosed. The deal is expected to be completed in the first half of 2027.

Nokia stated that under the ownership of Aurelius, ECE will gain greater independence. ECE focuses on private wireless technology and claims to have approximately 900 customers, covering industries such as manufacturing, mining, and logistics. According to usual negotiations and discussions, the employees of ECE are expected to transfer to Aurelius in accordance with local laws.

Nokia's Chief Corporate Officer, Konstanty Owczarek, stated that this proposed transaction "supports Nokia's strategy of optimizing its product portfolio and directing capital and resources towards areas that can create the greatest long-term value."

Last year, there were signs indicating that ECE might be sold. At that time, Nokia categorized it in the “portfolio businesses” group, which included assets that performed poorly and were not popular.

Due to the fire incident related to Starlink in Poland, three people in Germany have been detained.

According to Reuters, three people in Germany have been detained in connection with a fire that broke out at a Starlink site in central Poland last month. The fire is considered to be an act of arson. The blaze destroyed the site's power supply system and backup generators. Polish authorities stated at the time of the fire that they believed it was a sabotage act commissioned by Russia, aimed at disrupting the satellite internet services used by Ukrainian armed forces.

Space Norway Choose Ciena to upgrade submarine cables

Space Norway has chosen Ciena to upgrade its submarine cable system. The project includes modernizing the existing Svalbard system in Space Norway, and deploying advanced network technologies on the new Arctic Way system. Arctic Way is expected to be put into use in 2028. Space Norway provides critical communication services for scientific research, scientific institutions, and national security agencies in the Arctic region.

BT Strengthening Security Business, Launching a "Telenovela" Marketing Strategy

BT has launched a service named Security Operations Centre - as-a-Service (SOCaaS), targeting Microsoft Sentinel. It claims to be a solution to cybersecurity threats empowered by artificial intelligence, serving both private and public sector organizations.

What's more interesting is that BT has placed its broadband router in the fictional Rovers Return bar as part of a quirky and highly imaginative product placement campaign. This campaign involves two of the most popular British soap operas, Coronation Street and Emmerdale. The promotional materials for BT state that this "dual-soap opera product placement" is the first time the brand has combined Coronation Street and Emmerdale into a custom cooperative advertisement, integrating elements from both shows.

Sparkle Expansion Infront Network

The international business department of Telecom Italia is providing dedicated international capacity services between Milan, Frankfurt, and Paris for the Swiss media company Infront. Sparkle indicates that these new links will enhance the performance of Infront's network infrastructure, supporting its distribution of live sports content across Europe.

Bouygues outsources its business to iBasis

France Bouygues Telecom is outsourcing its international voice wholesale and IPX services to iBasis. The agreement also covers international roaming negotiations and operational management activities. Both companies stated that this transaction means Bouygues Telecom becomes the first independent European operator to adopt this model: a neutral wholesale specialist company integrates traffic volumes to help independent operators compete more effectively.

EXA Two new routes are launched.

EXA Infrastructure has completed two new routes in Europe, one connecting Milan and Zurich, and the other linking Paris and Vienna. These routes either complement or extend the longer corridor that passes through Frankfurt, in order to increase capacity and accommodate the anticipated growth in traffic, which is largely generated by artificial intelligence. The routes are based on low-loss G.652.D fiber optic construction and offer dark fiber, spectrum, and wavelength services.

Gigaclear Rural broadband deployment completed ahead of schedule

British alternative internet provider Gigaclear stated that the installation of fiber optic cables in rural areas of North Oxfordshire was completed four months ahead of schedule. This deployment covered 3,880 households and businesses, and was undertaken by Building Digital UK ( BDUK ), which was then contracted to Gigaclear as part of the UK government-funded Project Gigabit program. The contract amount was 8.2 million pounds (10.8 million US dollars). In April, The Financial Times reported that a group of creditors consisting of 11 lending institutions had taken over Gigaclear after carrying out a "write-down" on the company's loans.

Tip
$0
Like
0
Save
0
Views 27
CoinMeta reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”,and we will handle it promptly。
Submit
Comment 0
Hot
Latest
No comments yet. Be the first!
Related
Deutsche Bank gives Sinopec China a buy rating
The market generally believes that Yum China ( YUMC ) has received a strong buy rating, with an average target price of HK$475.25, which is 1,007.28% higher than the current level. Goldman Sachs also maintained its buy rating for the stock in a report released on October 7, with a target price of HK$467.00. At the same time, based on recent insider transactions by 76 insiders, the market sentiment towards the stock among insiders is negative; Du Duoduo ( Howard ), Yum China's Chief Supply Chain Officer, sold 24,096 shares in August 2026, cashing in $1,134,519.53.
Businessinsider
·2026-10-13 21:53:21
8
India delays implementation of digital payment fees due to opposition from retailers
Against the opposition of merchants across the country, India has postponed its plan to impose a 0.4% fee on transactions by merchants using digital payment networks, which was originally scheduled for October 15th. The National Payments Corporation of India stated that the new implementation date will be set after Diwali, but no specific date has been announced yet.
TechCrunch
·2026-10-13 21:53:20
10
Bitcoin developers claim that people are "deceiving themselves" about the real performance of Lightning Network
Bitcoin developer Paul Sztorc states that people's experience using Lightning Network is "self-deceiving," while supporters believe that the infrastructure has significantly improved in the past two years. The article also lists transaction volume, success rate, and merchant adoption, pointing out that technological progress does not equate to mainstream usability.
Cointelegraph
·2026-10-13 21:53:18
9
Tata Elxsi reported a 3.4% quarter-on-quarter increase and a 15% year-on-year increase in revenue for the second fiscal quarter
Tata Elxsi announced its financial results for the second quarter ending September 30, 2026, with operating revenue of 1.0557 billion rupees, a quarter-on-quarter increase of 3.4% and a year-on-year increase of 15.0%; EBITDA was 231.4 million rupees, a quarter-on-quarter increase of 7.1%, and the EBITDA profit margin was 21.9%. The company stated that businesses such as transportation, media and communications, and healthcare all saw growth, and it continued to advance investments and new projects related to AI.
PR Newswire
·2026-10-13 21:53:16
8
US fast charging demand grew by 26% year-on-year in the third quarter; Tesla's Supercharger prices have increased
According to the report from Paren, in the third quarter of 2026, the US public fast charging network continued to expand, with an increase in the number of new chargers and stations. The charging volume increased by 26% year-on-year, and the reliability of charging remained stable; however, the average price of public fast charging in the US rose to $0.54 per kilowatt-hour. Paren attributes this mainly to Tesla's adjustment of supercharger prices.
The Block
·2026-10-13 21:43:18
15
View More