Telecom news

• Europe finally moves to level playing field for OTTs and telcos

  10-01-2017 18:46
  
  At long-last the European Commission (hereafter known as the Gaggle of Red-tapers) has outlined its plan to address the regulatory imbalance between telcos and OTTs in Europe.
  The draft Regulation on Privacy and Electronic Communications essentially aims to modernize the rules which dictate how telcos and OTTs are able to monetize customer data with third parties and advertisers. It should generally be viewed as good news for the telcos, bad news for the OTTs and a mixed bag for the consumer.
  It
  
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• Google set to sell satellite business and cool connectivity ambitions

  10-01-2017 14:28
  
  Google is reportedly continuing its retreat from the connectivity segments via talks to sell its Skybox Imaging satellite business.
  Sources close to the deal have commented to Bloomberg that execs at holding company Alphabet are currently in discussion with Planet, a satellite imaging start-up, to take Skybox off its books in an equity transaction. Alphabet acquired Skybox is a deal believed to worth in the region of $500 million three years ago, though the equity deal will see its finger r
  
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• Snapchat shrugs off Brexit to open international HQ in UK

  10-01-2017 14:22
  
  Snapchat has announced it office in the UK will act as the international headquarters for all sales operations outside of the US.
  While there are numerous companies who have chosen more tax-friendly countries such as Ireland or the Netherlands, according to the Financial Times, the UK will book all revenues for customers in the country, as well as countries which doesn’t have local representation. The move accompanies Snapchat ambitions to grow rapidly and fulfil plans to go public this ye
  
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• Operators face data cost-revenue crunch in 2017 – report

  10-01-2017 14:14
  
  Veteran telecoms industry analyst Tom Nolle reckons this is the year the cost of delivering data becomes greater than the revenues derived from doing so, according to a Light Reading report.
  This bleak assessment is the result of a survey of 47 operators around the world, in which the vast majority saw their revenues-per-bit falling below their cost-per-bit at some point in 2017.
  The central problem is that, while data consumption continues to increase exponentially, thanks largely to video, the
  
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• LG Uplus and Verizon team up for industrial IoT

  10-01-2017 11:51
  
  Korea’s LG Uplus has announced plans to expand its IoT business into industrial sectors through a partnership with Verizon.
  LG Uplus currently stands as Korea’s third-largest mobile carrier, and claims to have 75% IoT market share in the country. According to the Korea Times, the partnership will aim to share LG Uplus’ generalist IoT expertise in exchange for Verizon’s skills in the business-to-business sector. The tie-up between the two will mirror partnerships between A
  
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• Australian WiFi upstart appoints EMEA Sales Director

  10-01-2017 09:00
  
  London, UK January 10, 2017 – Encapto WiFi announced today the appointment of Chris Evans as EMEA Sales Director, marking a significant expansion for the Australia based company. The appointment follows a string of successes and increasing levels of interest in its WiFi management platform in the UK and across the region. Evans brings a wealth of business, technical and sales experience to the role having worked in senior sales roles for Ruckus Wireless since...Source: RealWire
  
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• Yahoo to rebrand as Altaba after Verizon deal, Marissa Mayer to quit board

  10-01-2017 01:00
  Yahoo revealed late on Monday that if the Verizon deal to acquire its core Internet assets goes ahead, the remaining parts of the business will be renamed 'Altaba'.In an SEC filing, the company also said that CEO Marissa Mayer will step down from its board in line with a plan to reduce the size of said board…read more on TotalTele.com »
  
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• Vodafone, Idea deny Jio tie-up rumours

  10-01-2017 01:00
  Vodafone India and Idea Cellular on Tuesday denied they are mulling mergers with disruptive newcomer Reliance Jio Infocomm.Sources at the two mobile operators were cited in a Hindustan Times report as saying that the country's telecoms regulations rule out the possibility of such deals…read more on TotalTele.com »
  
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• Mobily names new CEO

  10-01-2017 01:00
  Mobily this week hired a new CEO tasked with leading the Saudi Arabian operator into a phase of growth and expansion.Ahmed Abdelsalam Abdelrahman has previously been managing director of Global Telecom Holding – formerly known as Orascom Telecom Holding &ndash…read more on TotalTele.com »
  
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• 100K UK consumers back call for spectrum cap

  10-01-2017 01:00
  A campaign led by 3UK and TalkTalk to impose a 30% cap on the amount of mobile spectrum that any single operator can hold has garnered support from more than 100,000 U.K. consumers, it emerged on Tuesday.MakeTheAirFair is also backed by altnet CityFibre…read more on TotalTele.com »
  
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