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Deutsche Telekom unit to cut 5,600 jobs; Sky Italia executive to join Fremantle


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Deutsche Telekom unit to cut 5,600 jobs; Sky Italia executive to join Fremantle


* Deutsche Telekom AG's corporate arm T-Systems International GmbH is set to slash about 5,600 jobs as it embarks on its restructuring and cost savings plan, reports WirtschaftsWoche. Under the agreement, a total of 3,765 jobs will be cut at T-Systems by the end of 2020, as the company is tasked to save about €600 million by 2021.

* FremantleMedia Ltd., which recently rebranded as Fremantle, has appointed Andrea Scrosati as the company's COO, effective in November, according to a news release. Scrosati, currently the programming executive vice president at Sky PLC unit Sky Italia SRL, will be replacing Sangeeta Desai, who left Fremantle early this year.


* Members of the European Parliament are scheduled to vote on amendments to the European Union's copyright rules on Sept. 12. London's Financial Times reports that the European Commission has warned the MEPs of the potential risks on market competition if they don't vote in favor of the revamp.

* The European Court of Justice will adjudicate on the limits of the right to be forgotten, FT reports. The judges will look into two related cases involving Alphabet Inc. unit Google LLC and will hear insights from stakeholders, such as civil society groups.


* Virgin Media Inc. announced that it has added a new channel and upgraded four channels to high-definition under its Asian Mela TV package. The Liberty Global PLC unit is also introducing its dedicated 4K ultra high definition entertainment channel, called the Virgin TV Ultra HD channel, beginning Sept. 17, according to a separate news release.

* RELX Group PLC said it has completed the simplification of its corporate structure to a single parent firm, RELX Plc, from a previous dual parent company setup. Trading of new RELX PLC shares has started in London, New York and Amsterdam.

* London-based advertising company System1 Group PLC announced that it is set to launch its new Ad Ratings subscription service that will provide a database of adverts broadcast in the U.K. and the U.S. The company expects to gain revenues from the new service towards the end of the second half of the year.


* Deutsche Telekom said that about 19,000 enterprises will benefit from Deutsche Telekom's fibre-optic build-out in German business parks next year. When the build out is complete in a further 62 municipalities, Deutsche Telekom will then offer the businesses top-speed Internet connections of up to 1 Gbps.

* Hutchison Drei Austria, doing business as Three Austria, announced it is starting to provide fixed-network services under its own brand, after the acquisition of Tele2 AB unit Tele2 Austria and its network. The CK Hutchison Holdings Ltd. unit introduced fixed network tariffs both for homes and for business customers.


* Atos SE said the Committee on Foreign Investment in the United States approved its pending $3.57 billion all-cash acquisition of U.S. data processing and digital services company Syntel Inc. The approval is the final regulatory clearance needed for the deal, Atos said, after previous clearances from antitrust authorities in the U.S., Austria, Serbia and India.

* France Télévisions SA failed to sell Coupe de la Ligue and Coupe de France football matches to TF1Group SA or Groupe M6, BFM TV reports. According to sources, the price was too high.

* Apple Inc. will open its flagship store on Champs Elysées in Paris in November, LCI reports. The company will pay an annual rent of €14 million for the prestigious address to German pension fund BVK, which bought the building in April for €600 million, and will close the Carrousel du Louvre location.


* NXP Semiconductors NV said that Kurt Sievers has been appointed president effective immediately as part of a senior leadership restructuring. Sievers, who most recently was executive vice president and general manager of NXP's automotive business, will oversee all the company's business lines in the new role.

* RTL Group said it named Sean Atkins as the new CEO of its U.S.-based global marketing services and media subsidiary StyleHaul Inc. Atkins will also become CEO of a group of multiplatform networks combining StyleHaul, Divimove GmbH and United Screens GmbH, effective within 2019.

* Intelsat SA unit Intelsat Jackson Holdings SA announced that it commenced a cash tender offer to buy any and all of its outstanding 7.25% senior notes due 2020. Intelsat Jackson also called for the redemption all notes with a redemption date of Oct. 15.

* The public prosecutor's office in Brussels is conducting an investigation into game developer Electronic Arts Inc. for hidden gambling features in its video games "FIFA 18" and "FIFA 19," writes VRT. According to the authorities, players of FIFA can buy special "lottery boxes" with features that would give them advantage in the game, yet the contents of those boxes are not known beforehand.

* Orange SA unit Orange Belgium SA said that it has teamed up with Nokia Corp. to present a set of real use demos on 5G technology in the Belgian city of Liège, intending to demonstrate the potential and future applications that can be used with 5G.


* Nokia and Sprint Corp. will run a live demonstration of a 5G New Radio connection over a dual mode-capable Massive MIMO radio in the U.S. The companies will use Sprint's 2.5 GHz spectrum, Nokia's commercial AirScale Base Station and Massive MIMO Active Antenna, and a VIAVI TM500 5G test device emulator, according to a news release.

* H&D Wireless AB announced that it has joined the Odette Sweden-led automotive cooperative group. Odette Sweden is active in achieving common standards for auto makers and suppliers.

* Telia Co. AB said it has repurchased an additional 3.3 million own shares during the Sept. 3 to Sept. 7 period. The repurchase forms part of Telia's 5 billion Swedish kronor share buyback program which is set to run until March 22, 2019.

* Sanoma Corp said it has purchased 19,000 of its own shares as part of a share buyback plan. Sanoma paid an average price of €8.51 per share in the transaction.


* Iliad's Free was awarded a 5G frequency in Italy, Les Echos reports. Along with Free, other operators that submitted bids include Swisscom AG's Fastweb SpA, Wind Telecomunicazioni SpA, Vodafone Group PLC unit Vodafone Italia, and Telecom Italia SpA, for a total amount of nearly €2.5 billion. For the 700 Mhz lot, Iliad was the only company to bid at €646 million.

* Elliott Advisors (UK) Ltd. answered Vivendi SA's accusations that the management of Telecom Italia SpA has been "disastrous" since Elliott grabbed control of the Italian telco's board. In a statement, Elliott said Telecom Italia's board has still adhered to Vivendi's own approach in managing the telco despite Elliott's own "value-creation recommendations."

* Telecom Italia's board of directors has granted its management the mandate to participate in the upcoming national 5G frequency auction, according to a news release.

* Telecom Italia, Fastweb and Huawei Technologies Co. Ltd. have jointly switched on the first 5G antenna in Italy's southern port city of Bari, as part of the second phase of the BariMatera 5G project, Telecompaper reports, citing a statement.

* The Portuguese Ministry of Culture has issued tenders outlining the specifications for two new thematic commercial TV channels on the national digital terrestrial TV network, Advanced Television reports, citing Correio de Manhã. The order, given to the Regulatory Entity for Social Communication, states that one channel will focus on news while the other will become a sports channel.


* SPI International BV unit Kino Polska TV SA bought an additional 9.08% stake in Stopklatka SA, which operates films and series content channel Stoplatka TV, for 7.1 million Polish zlotys, Broadband TV News reports, citing Wirtualne Media. Kino Polska now holds 91.72% of Stoplatka following the transaction.

* Croatia's Hrvatski Telekom is planning to invest more than 1 billion Croatian kuna on the rollout of a new mobile network over the next two years, as part of efforts to further develop its network infrastructure, Broadband TV News reports, quoting company CEO Davor Tomaskovic.

* The Russia-China Investment Fund and China's Tus-Holdings Co. Ltd. have agreed to jointly invest in technology development, including overseeing a $1.28 billion investment in a planned high-technology innovation park dubbed the Russian Tushino Project Technology Park, Reuters reports, citing a statement.

* The council of the Croatian Regulatory Authority for Network Industries, or HAKOM, named Miran Gosta as its permanent executive director for a four-year term, Telecompaper reports. Gosta has been on the role in an acting capacity since June 19.


M&A Replay: European deals: EU clears Apple-Shazam deal; Hutchison completes Wind Tre buyout: The European Commission has approved Apple's proposed acquisition of British music recognition app Shazam, while CK Hutchison has completed the purchase of VEON's 50% stake in Italian mobile operator Wind Tre.

The Week Ahead Europe: European Parliament to vote on contentious copyright laws: The European Parliament will vote on plans for an overhaul of European Union-wide copyright laws on Sept. 12, known as the Directive on Copyright in the Digital Single Market, amid fierce opposition from the tech industry.


Wireless Investor: Switzerland mobile projections, 2018-2028: 4G connections represented 47% of total subs at the end of 2017; 5G trials are underway by Swisscom and Sunrise.

Economics of Advertising: Europe's top commercial TV networks: Decline in viewing causes CPM inflation: A lack of major international televised sports events and continued decline in viewing were key contributors to rising CPMs on the flagship channels of Europe's major commercial TV networks in 2017.

Daniela Latini, Sylvia Edwards Davis, Charlotte van Hek and Gerard O'Dwyer contributed to this report.

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