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May 27, 2008 - Sarin to step down as Vodafone chief

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May 27, 2008
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  • Sarin to step down as Vodafone chief
     
    After five years at the helm, Vodafone CEO Arun Sarin will leave the telecom giant in July, the company announced today, on a day it is expected to announce record profit of almost $26 billion. Deputy CEO Vittorio Colao, who rejoined the company in 2006 as the head of Vodafone's European unit, will replace Sarin, who leaves with a legacy of having fueled the company's enormous growth primarily through expansion into emerging markets. ClipSyndicate/Bloomberg (5/27) , The Times (London) (5/27) , Network World/IDG News Service (5/27)
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To see how other mid-sized companies are using corporate cards and other strategies to control expenses, register to download the Sixth Annual CFO Research Report, prepared by CFO Research Services, in collaboration with American Express.
  Business & Industry Watch 
 
  • Deutsche Telekom admits tracking calls to find leaks
    Deutsche Telekom, the German parent of T-Mobile USA, disclosed Monday that a company retained by its security department had tracked thousands of phone calls while investigating possible internal leaks to the media in 2005 and 2006. With a government inquiry a real possibility, a DT spokesman said: "By handing over information to the prosecutor, we're using the sharpest knife we have to solve the problem. We're not in any way trying to hide anything." The New York Times (5/27)
  • Verizon moves toward resolution on wireless fees
    Verizon Wireless is moving toward a deal that would give the FCC, rather than state regulators, oversight of rules governing fees assessed consumers for breaking their cell phone contracts, while also imposing more limits on those charges, according to the company and Kevin Martin, the FCC chairman. Martin said Verizon, consumer groups and the agency had made "substantial progress" in reaching an agreement on a new framework to regulate wireless companies, which say the fees compensate them for upfront costs, as well as losses for subsidizing handset prices and offering consumers rate discounts. Scientific American/Reuters (5/23)
  • Other News
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USTelecom Spotlight

  • IPTV 2.0: Exploiting the Power of Web 2.0
    Blogging, social networks and over-the-top video portals are exploding on the Web and competing against TV as the most common form of entertainment. In "IPTV 2.0: Exploiting the Power of Web 2.0," on June 18 in Las Vegas, NXTcomm08 will investigate the possibilities of incorporating Web 2.0 technologies in IPTV and discuss how Web 2.0 changes TV-viewing and the business case for IPTV. Learn more! 
  • Executive Business Forum call for presentations
    The second annual Telecom Executive Business Forum, Oct. 1 to 3, in San Jose, Calif. -- "Disruptive Technologies, Demanding Consumers and Your Broadband Future" -- is now accepting proposals for presentations. Attendees will be interested in technology presentations that highlight threats and opportunities for telecom companies, especially in broadband and video applications, so submit proposals that examine the big picture. Learn more here. Proposals due: June 22.
Learn more about USTelecom ->NXTcomm  |  News  |  Join USTelecom  |  NextGenWeb  |  Webinars

  Hot Topics 
 

Top five news stories selected by USTelecom dailyLead readers in the past week.

  • Results based on number of times each story was clicked by readers.
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  Video Upload 
  • Web video starting to live up to its hype
    Web video has numbers on its side -- 10 billion streams a month and a projected $12 billion in sales in 2012 -- but to truly break out, it must win over users who don't like ads with their clips and develop a standard metric, according to this article. Mediaweek (5/26)
  • The home of the future is starting to materialize
    Comcast introduced a new service in Massachusetts this week that enables viewers to begin a movie or show in one room, stop it and then watch the rest of it in another part of the house. The new offering is part of a wider trend that, according to this article, is slowly but surely turning houses into "connected" media centers. The Boston Globe (5/26)
  • Other News
The Buzz(CORPORATE ANNOUNCEMENTS)

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MOTOROLA presents FREE Seminar, The Dynamics of IPTV, June 17 in Las Vegas. Motorola's IP Video Solutions invites you to attend this seminar Tuesday, June 17, 11:30am to 3:00pm in conjunction with NXTcomm. This educational seminar will focus on the evolving market trends and solutions relative to IPTV service providers. Click Here for event details.

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Interested in learning more about advertising in the USTelecom dailyLead? Contact Amy Abbey at 202-737-5500 ext 250 or aabbey@smartbrief.com.

  Technology Trends 
  • PhoneFactor aims for more secure online banking
    JanRain and Positive Networks have developed a phone call-back system, dubbed "PhoneFactor," designed to make online banking more secure, according to the companies. The system works with both wireline and wireless phones. MarketWatch (5/26)
  • Server virtualization key to future growth
    The continued movement toward virtualization -- particularly server virtualization -- will produce a sea change in the way IT infrastructure companies manage and monetize their offerings through 2012, according to research firm Gartner. Enhancements for servers will be key, the study says, because they will tap into much of the currently underutilized functions of server architectures. SYS-CON (5/25)
  IP Download 
  • Connected homes still far from reality
    The truly connected home still is more myth than reality, writes Boston Globe writer Carolyn Y. Johnson, noting companies are "inching toward the most basic level of connection." Telecom and cable companies are racing to seamlessly deliver new content to multiple TVs, while some smaller companies such as ZeeVee and Sling Media are betting consumers care more about a connected Internet experience instead of a "closed network" such as cable. The Boston Globe (5/26)
  LeadQuote 
Pitchers, like poets, are born not made."
--Cy Young,
American baseball player


  
 
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