Telecom news

• Europe gives thumbs up to Telenor simplification sales

  30-07-2018 17:48
  The European Commission has given its blessing for Telenor to offload assets in Eastern Europe to Dutch financial and investment group PPF.
  The Telenor business units in Hungary, Bulgaria, Montenegro, Serbia will now transfer into the PPF portfolio, for a cool €2.8 billion after the bureaucrats concluded there are direct risks to competition. The initial concern had focused around the existing PPF portfolio, which features O2 Czech Republic and Bulgarian broadcast company Nova Broadcasting
  
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• Prepare yourself for the wave of 5G wins, first up, Nokia and T-Mobile

  30-07-2018 16:42
  With the US striding confidently and vocally towards 5G, Asia quietly building the enterprise business units and Europe patiently watching for errors, prepare yourself for numerous emails and declarations about 5G customer wins.
  Nokia and T-Mobile US are the first for a while to be boasting about 5G, but we think the floodgates are creaking. In all fairness to Nokia, this is certainly a deal worth shouting about. CEO Rajeev Suri has been promising 5G will be the saviour of the lumbering Finnish
  
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• Prepare for wave of 5G wins, first up, Nokia and T-Mobile = $3.5bn

  30-07-2018 16:42
  With the US striding confidently and vocally towards 5G, Asia quietly building the enterprise business units and Europe patiently watching for errors, prepare yourself for numerous emails and declarations about 5G customer wins.
  Nokia and T-Mobile US are the first for a while to be boasting about 5G, but we think the floodgates are creaking. In all fairness to Nokia, this is certainly a deal worth shouting about. CEO Rajeev Suri has been promising 5G will be the saviour of the lumbering Finnish
  
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• The Telecoms.com Podcast: Jamie is in charge, about time

  30-07-2018 13:04
  Now with video:
  
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• New York revokes approval for Charter’s Time Warner acquisition, two years on

  30-07-2018 11:56
  New York State Public Service Commission has revoked its approval for Charter Communications’ 2016 $55 billion Time Warner Cable acquisition, claiming failure to live up to promises.
  When it came in to snatch Time Warner Cable from Comcast’s failed acquisition bid, Charter Communications was creating the country’s second largest ISP. Although for deals like this, there are always strings attached. In Charter’s case, it won the approval from FCC stakeholders after promisin
  
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• 28m net adds – Jio numbers really are quite remarkable

  30-07-2018 11:51
  Reliance Jio has reported its numbers for the last three months, and it does make for some very interesting reading.
  28.7 million net adds for subscribers across the quarter, taking the total up to 215 million, and a churn rate of 0.3%. Few telcos can claim to get anywhere near these numbers, though it seems Jio is doing it while making money as well, with the team claiming net profits of roughly $89 million. The traditional players in the Indian telco market must be pulling their hair out over
  
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• Silicon Valley’s ugly duckling starts to blossom

  30-07-2018 11:13
  Despite being one of the first social media networks to disrupt the way we communicate, Twitter has never really gleamed the rewards of the connected economy, but perhaps this is changing.
  In February, Twitter posted its first ever quarterly profit, and the latest financial report perhaps indicate this was not a fluke. The numbers are certainly heading the right direction, and Twitter could prove to be a platform which collects the digital bounties.
  “Our second quarter results reflect the
  
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• Silicon Valley’s ugly duckling starting to blossom

  30-07-2018 11:13
  Despite being one of the first social media networks to disrupt the way we communicate, Twitter has never really gleamed the rewards of the connected economy, but perhaps this is changing.
  In February, Twitter posted its first ever quarterly profit, and the latest financial report perhaps indicate this was not a fluke. The numbers are certainly heading the right direction, and Twitter could prove to be a platform which collects the digital bounties.
  “Our second quarter results reflect the
  
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• Indian report on data protections leave consumers open to abuse

  30-07-2018 10:40
  The Indian Government has released a paper to address the inadequacies in data protection and privacy legislation, proposing some ‘interesting’ exemptions, to leave the matrix open to abuse.
  The purpose of the paper is simple; assess an area of the Indian digital economy which is under-developed, and make the relevant recommendations. It is an investigation which has been burrowing away for months, and follows a global reaction to some very public data abuses. The report is adequatel
  
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• Softbank and Yahoo team up to crack mobile money in Japan

  30-07-2018 10:01
  Softbank and Yahoo Japan have announced the formation of a new joint venture, PayPay, to launch a QR-based smartphone payment services in Japan by November.
  The joint venture will lean on the experience of Paytm, India’s largest digital payment brand and a SoftBank Vision Fund portfolio company, for technology and expertise in mobile payments in the latest efforts to move Japan away from a cash-based society. As it stands, less than 20% of payments across the country are cashless, one of t
  
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• UK telcos could shed 48,000 jobs over the next decade

  30-07-2018 02:00
  As the UK's telecoms industry looks at ways to boost efficiencies and drive down the cost of its operations, industry experts are warning that significant job cuts lie ahead. In the UK, around 120,000 people are employed by the country's fixed line and mobile network operators. This week BT made the first 900 out of 13,000 redundancies it has planned for the next year alone…read more on TotalTele.com »
  
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• Ooredoo looks to developing markets to halt slump in revenues

  30-07-2018 02:00
  Qatar based telco Ooredoo has seen revenues drop by 6 per cent, as the company experiences a contraction in its overseas business units in Indonesia and Algeria. Group EBIDTA also shrank by around 10 per cent in the first half of 2018…read more on TotalTele.com »
  
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• Nokia signs $3.5 billion 5G deal with T-Mobile

  30-07-2018 02:00
  Nokia is set to provide US mobile operator T-Mobile with its complete 5G technology software and services portfolio, as part of a $3.5 billion deal, signed to speed up the rollout of 5G mobile networks in the US&nbsp…read more on TotalTele.com »
  
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• New Brazilian subsea cable project to boost US-LATAM connectivity

  30-07-2018 02:00
  International connectivity and infrastructure specialist, GlobeNet, has announced plans to extend its telecommunications network in Latin America by deploying 2,500km submarine cable system linking Rio De Janeiro in Brazil with the Argentinian capital…read more on TotalTele.com »
  
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• AsiaSat appoints new SVP for commercial strategy

  30-07-2018 02:00
  Asia Satellite Telecommunications Company (AsiaSat) has appointed Ina Lui to the position of senior vice president for commercial, business development and strategy.
  Lui will head up the newly formed commercial…read more on TotalTele.com »
  
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• Altice sells off Dominican Towers Business for $170m

  30-07-2018 02:00
  Altice Europe has agreed to sell off its Telecommunications Towers Business in the Dominican Republic, according to a company release.
  Phoenix Tower International will purchase 100 per cent of Teletorres del Caribe for a total of $170 million…read more on TotalTele.com »
  
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