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  • US-based fibre network operator RCN Metro has relaunched itself as Sidera Networks, following the acquisition of parent company RCN Corporation by private investment fund Abry Partners.
  • The heavyweights of European telecoms have been flexing their muscles again – Telefonica is shoring up its investment in Latin America with the acquisition of Vivo, finally, from Portugal Telecom, while France Telecom Orange’s new CEO Stephane Richard has laid out his five-year plan “Conquests 2015”.
  • It’s been an active few months for India’s Bharti Airtel: in early June the company confirmed that its $10.7 billion bid for Zain’s Africa assets had been successful.
  • Two major African submarine cable systems have opened for business – Eassy on the continent’s east coast and Main One to the west – adding hugely to the region’s international capacity.
  • Revenue from mobile content and applications in the north American telecoms market will reach $10 billion by 2015 as mobile users increase their usage of smartphones.
  • Tyco Electronics has acquired fellow vendor ADC Telecommunications in a deal worth approximately $1.25 billion, giving it a stake in the market for broadband connectivity.
  • US bandwidth infrastructure provider Zayo has made its 15th acquisition in three years following the purchase of American Fiber Systems (AFS) for an undisclosed sum.
  • Wholesale prices for internet bandwidth have reduced by almost 90% in Africa as the region benefits from increased access to international fibre bandwidth via submarine cables, according to research firm Buddecomm.
  • Nokia has appointed Stephen Elop as president and CEO. He replaces Olli Pekka Kallasvuo, who has held the position since 2006, and Elop is charged with heading the company’s transformation as it sets out to compete with Apple and Google. Prior to joining Nokia, Elop headed Microsoft’s business division, and has held positions in numerous US software companies, including Juniper Networks.
  • Only the smartest operators in the north African telecoms market will survive, as the market becomes filled with new and less valuable subscribers, according to research consultancy Delta Partners.