Telefonica selling off UK fixed arm

first_img Previous ArticleTelefonica reports fall in FY profit; claims “improvement”Next ArticleHealth app store publishes certification standards Steve Costello BEFinancialO2SkyTelefonica Home Telefonica selling off UK fixed arm Telefonica bolsters blockchain security Steve works across all of Mobile World Live’s channels and played a lead role in the launch and ongoing success of our apps and devices services. He has been a journalist…More Read more Telefonica is selling-off its UK fixed line business, which operates using the O2 and BE brands, as it focuses on “delivering best-in-class mobile connectivity, including next-generation 4G services”.The assets are being bought by integrated media and communications company Sky, which is paying £180 million, with an additional £20 million payment possibly payable dependent on the successful completion of a customer migration process.In a statement, it was noted that the deal “will make Sky the second-largest provider in the UK broadband market, building on its existing position as the UK’s fastest-growing broadband and telephony business”.Telefonica UK has more than 500,000 fixed line telephony and broadband customers, who will now be transitioned to Sky. As of the end of 2012, Sky had four million telephony and 4.2 million broadband customers.The deal is due to be completed by the end of August 2013, subject to regulatory clearance.In a statement, Emeka Obiodu, telco strategy analyst at Ovum, said: “At a time when telcos across Europe are intensifying efforts to offer converged (fixed, mobile, broadband, TV) services, mobile telcos in the UK are making themselves much more reliant on mobile. EE still retains a presence in the fixed telecoms space but its offering is increasingly infrastructure-light. Ultimately, this is a dangerous scenario as it might reduce the strategic maneuvererability of the UK’s mobile telcos in a converged future.” Tags center_img AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 04 MAR 2013 Author Luz verde a la fusión entre Telefónica y Liberty Global en el Reino Unido Related Español Telefónica refuerza la seguridad de las cadenas de bloqueslast_img read more

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News / Etihad confirms freighter network to reassure customers it still has faith in cargo

first_img Etihad is seeking to reassure customers that its depleted cargo division remains intact, by announcing a new freighter network.But the news comes amid increasingly likely suggestions that the carrier could be taken over by neighbour Emirates.Starting on October 1, the new services will add more 777F frequencies to Shanghai and Chennai and continue its existing services to most other key markets.The carrier confirmed that freighters would continue to be part of its fleet, despite recent speculation that it was looking to downsize its cargo operations after it sold its A330 freighters to DHL in a bid to stem losses.Abdulla Mohamed Shadid, managing director of cargo and logistics, said: “Our freighters are central to [our] strategy, and the new network will ensure we maximise the cargo flows between main deck cargo and bellyhold capacity on our strong fleet of passenger jets that service our global network.”The announcement will go some way towards reassuring customers who feared the carrier would downgrade its cargo ambition.However, there remain some concerns as to whether a four-strong scheduled freighter fleet is sufficient. One key customer told The Loadstar last week he was unconvinced by Etihad’s assurances that it would remain a key player in the cargo business.“I don’t think it is being very credible in its efforts to reassure me,” he said.An air freight forwarder added: “Etihad is not expanding  – so at best it is stagnating. It has had a clear-out of staff, and the new guard is probably just trying to stop the haemorrhaging.“We certainly don’t consider it a serious cargo player now.”The Etihad announcement also confirmed that “a few stations” had been removed, the largest of which was Nairobi.The carrier had difficulties at Nairobi last year, following a government decision to rescind fifth freedom rights to some carriers. Etihad had been forced to re-route some Nairobi flights to Amsterdam via Abu Dhabi, weakening the economics.While that licence had been reissued, Etihad said today that “weakened demand and market behaviours that rendered other core markets more attractive to serve” had been behind the decision to pull out.Etihad added that it would have one aircraft dedicated to charter flying during the fourth quarter. The announcement follows last week’s news that the carrier had launched a FreshForward product for perishables – although this largely appeared to be an exercise in re-branding its existing cool chain product. However, the new product includes last-mile delivery in the UAE for some perishables.It is unclear which other routes have been cut, but the carrier said it would continue its services to Amsterdam (three per week), Frankfurt (three), Columbus Ohio (three), Hong Kong (two), Hanoi (two), Mumbai (two), Dhaka (two), East Midlands (two), Dammam (two), Delhi (one), Bangalore (one) and Chittagong (one).And it is offering new bellyhold routes to Barcelona, while increasing capacity to Singapore, Toronto, Cairo and Bangalore. By Alex Lennane 20/09/2018last_img read more

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