Telecom news

• Synchronoss misses deadline for restating accounts – Nasdaq delisting looms

  10-05-2018 19:33
  Telecoms cloud services provider Synchronoss has missed a deadline for restating its accounts, making it likely that it will be delisted from the Nasdaq.
  When we spoke to CEO Glenn Lurie at MWC earlier this year he was excited about getting all this accounting business sorted and being able to focus entirely on the future. By the end of March Lurie and his CFO were still confident of hitting the 10 May deadline. But in the intervening month or so it became clear that the web of Synchronoss accou
  
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• BT pulls plug on its own history in radical overhaul

  10-05-2018 18:57 via ft.com
  Leading UK telecoms group slashes jobs, shakes up business and puts HQ up for sale
  
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• BT must ensure strategy does not develop into a Kodak moment

  10-05-2018 18:56 via ft.com
  Regulator drew unwelcome parallels with another tech group that ‘failed to innovate’
  
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• China Telecom and Liquid tie up in search for scale

  10-05-2018 17:54
  China Telecom Global and Liquid Telecom have announced a new collaboration to extend their respective network coverage in the African and Asian markets.
  The partnership will allow both of the telcos to offer additional network solutions and services to enterprise and wholesale customers, as well as increasing coverage across two challenging regions. China Telecom Global has already established a Point-of-Presence (PoP) at Liquid Telecom’s East Africa Data Centre in Nairobi, though this wil
  
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• TIM-Mediaset tie up shows telcos are getting realistic about content

  10-05-2018 13:39
  Telecom Italia and Mediaset have announced a strategic agreement that will allow TIMVision customers to watch all Mediaset free-to-air channels, as the telco moves towards the content aggregator role.
  The convergence dream is one all telcos are chasing, though few have been able to find the magic formula for the mystic quad-play. This partnership between TIM and Mediaset perhaps shows how the telcos can add value to the content world, as opposed to trying to disrupt it, acting as the link betwee
  
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• Western European smartphone market nosedives – Canalys

  10-05-2018 13:31
  Market researcher Canalys has published its Q1 2018 smartphone numbers for Europe and they indicate a severe contraction in its richest markets.
  Overall European smartphone shipments fell 6.3% year-on-year according to Canalys’ research, but it was very much a game of two halves, with Eastern Europe growing by 12.3%, driven largely by Russia, while Western Europe fell off a cliff, down 13.9% annually. The overall drop for the continent was the biggest ever for a single quarter.
  “This
  
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• BT to make 13k redundancies and restructure supply chain in transformation bid

  10-05-2018 13:23
  Alongside full-year earnings which saw the telco’s revenue decline by 1%, BT has announced 13,000 jobs will be heading to the chopping block, while its supply chain has also been lined up for a shake down.
  After a torrid 18 months which has seen the business stumble from disaster to scandal and then onto blunder, the team is seeking to save $1.5 billion over the next three years through the changes. Aside from 13,000 job cuts, the majority of which will come from back office and middle-man
  
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• BT slashes jobs in biggest overhaul for decade

  10-05-2018 11:34 via ft.com
  Telecoms group axes 13,000 in move to cut £1.5bn in costs and invest in fibre and 5G
  
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• Cerillion to demonstrate how agile cloud billing solution helps CSPs to access lucrative new enterprise markets

  10-05-2018 10:10
  - Pioneering catalyst project at TM Forum Digital Transformation World proves the business model for sponsored mobile gaming services –London, 10th May 2018 – Cerillion plc (AIM: CER), a leading provider of billing, charging and customer management solutions, today announced that it will be showcasing its cloud billing and subscription management solution, Cerillion Skyline, in another ground-breaking catalyst project at the TM Forum’s Digital Transformation World event in Nice
  
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• BT to slash thousands of jobs in restructuring plan

  10-05-2018 08:37 via ft.com
  Britain’s largest telecoms group aims to cut £1.5bn in costs and invest in fibre
  
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• Elliott victory cannot hide Telecom Italia’s weakness

  10-05-2018 05:01 via ft.com
  Former monopoly’s troubled past does not offer much hope of a happy ending
  
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• ZTE halts operations as US ban threatens to sink the Chinese smartphone giant

  10-05-2018 02:00
  Chinese smartphone giant ZTE has ceased its manufacturing operations, according to a company statement. ZTE was hit with a banning order by the US which prohibited it from selling its products in the US and…read more on TotalTele.com »
  
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• NTT Docomo conducts "high speed" 5G testing

  10-05-2018 02:00
  Japanese firm NTT DOCOMO has conducted the world's first 5G wireless data transmission using the 28GHz spectrum, according to a company report. The test took place at the Japanese Automobile Research Institute and utilised a 5G base station and a 5G mobile station situated inside a speeding car…read more on TotalTele.com »
  
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• European smartphone sales plunge 6 per cent in Q1 2018

  10-05-2018 02:00
  Smartphone sales in Europe plunged by 6.3 per cent, according to a new report published by Canalys.   The decline was especially pronounced in Western Europe which saw a 13.9 per cent slump, with a total of 30…read more on TotalTele.com »
  
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• BT promises £3.7 billion budget for FTTH, despite massive job cuts

  10-05-2018 02:00
  BT will increase its investment in fibre to the home (FTTH) connectivity and mobile network infrastructure to £3.7 billion per year, as the UK's former incumbent looks to overhaul its broadband networks in the coming years…read more on TotalTele.com »
  
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• BT promises £3.7 billion budget for FTTH and 5G, despite massive job cuts

  10-05-2018 02:00
  BT will increase its investment in fibre to the home (FTTH) connectivity and mobile network infrastructure to £3.7 billion per year, as the UK's former incumbent looks to overhaul its broadband networks in the coming years…read more on TotalTele.com »
  
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