KPN, Orange, Swisscom invest in IoT firm Actility

French firm Actility, a specialist in low-power wireless networks for the Internet of Things (IoT), secured a $25 million funding round which included three European operators and Foxconn. The round was led by Ginko Ventures and numbered operators KPN, which …

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Sunrise IPO pricing gives it market value of $6.76B

Sunrise, the second largest of three operators in Switzerland, has annnounced the launch of its IPO and set a price range of between CHF58 and CHF78 per share, giving it an implied market value of up to CHF3.3 billion ($6.76 …

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Swiss retail giant Migros plans m-pay move

Swiss retailer Migros plans to launch a service whereby shoppers can pay for goods using their mobile phones, according to an interview with CEO Herbert Bolliger by Schweiz am Sonntag. The retailer has the capability for the project — it …

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Swiss telcos form net neutrality agreement

The four leading Swiss service providers, as well as the country’s cable operator association Swisscable, have joined forces to formulate an official code of conduct on net neutrality. Swisscom, Sunrise, UPC Cablecom and Orange, as well as Swisscable, are working to keep the internet open in Switzerland, according to an official statement from Swisscom. The intention […]

Telcos voice concerns about taking core networks to the cloud

Under threat from companies not traditionally viewed as competitors, telcos are racing to both offer cloud services to end-user customers and tap into the cloud to run core network functions in a bid to make their value propositions more competitive and infrastructure more dynamic. But cloud experts from Orange, Swisscom and AT&T have each voiced concerns around just how capable the sector may be at managing such a bold transformation with existing tools.

TeliaSonera completes management reshuffle

European operator group TeliaSonera has continued ringing the changes, appointing Swisscom executive Henriette Wendt as its head of group corporate development. Wendt currently serves as Swisscom’s head of corporate strategy and participation management and will assume her new role in August.