Telecom news

• STL delivers 63% growth, sets up FY20 for large data network innovations

  18-07-2019 18:07
  Delivers yet another strong quarter of superior operating and financial performance, driven by increased global customer engagements and unified solutions for new disruptive networks Commissioned mega expansion of 20 million fkm industry 4.0 facility on scheduleContinued to maintain healthy order book of almost USD 1,500 million Pune, India – July 18, 2019: Sterlite Technologies Ltd - STL [BSE: 532374, NSE: STRTECH], a global data network solutions company, today announced a successful sta
  
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• BT faces another Ofcom probe

  18-07-2019 16:27
  Ofcom has kicked-off an investigation to determine whether BT has complied with regulations concerning Excess Construction Charges (ECCs).
  The ECCs are effectively charges for extra work BT-owned Openreach has to do to meet customer-specific network construction requirements. After the first £2,800 in excess cost, BT has been allowed to balance the spreadsheets with a standard connection charge for all relevant business connectivity services. BT has admitted it may not have applied the cha
  
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• The car repair shop with horses heads

  18-07-2019 16:00 via feedproxy.google.com
  A street in Bermondsey has a car repair shop with a relic of times when horsepower was measured in low digits – two horses heads on the frontage.This is formally 2a Morocco Street, and used to be a forge and coach house. The rear yard still contains the original white glaze bricks and tethering rings for the horses.
  In the early 20th century with the decline of horse driven transport and the rise of the motor car the premises became a garage. The repair and maintenance of road vehicles has
  
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• Europe takes another chunk out of Qualcomm profits

  18-07-2019 15:37
  The European Commission has announced it will once again fine Qualcomm for market abuse, with the investigation this time focusing on 3G baseband chipsets.
  It seems time does not heal all wounds as this investigation focused on market abuse between 2009 and 2011, and a concept known as ‘predatory pricing’. In short, Qualcomm used its dominant market position to sell products to strategically important customers, below cost price, to effectively kill off any competition before it had
  
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• Vodafone gets the green light from Europe for Liberty Global acquisition

  18-07-2019 13:11
  The European Commission has given the all-clear for Vodafone’s €18.4 billion acquisition of Liberty Global’s cable operations in Germany, Hungary, Czech Republic and Romania.
  There are of course conditions which Vodafone will have to adhere to, but the telco is now claiming to be Europe’s largest converged operator, with 116.3 million mobile customers, 24.2 million broadband customers and 22.1 million TV customers across 13 European countries.
  “With the European Comm
  
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• Blocks of flats for High Barnet tube station

  18-07-2019 13:00 via feedproxy.google.com
  A long strip of land next to High Barnet tube station has been earmarked for conversion into a long strip of blocks of flats.
  Located half way up Barnet Hill, the station is an important gateway to Chipping Barnet, Underhill and New Barnet.  TfL says that despite their prominent location the station and the area around it have poor accessibility.
  The land is currently split between a car park for the station, and a range of light-industrial uses and container storage.
  Goggle satellite view
  
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• AT&T gets Microsoft and IBM to help with its cloud homework

  18-07-2019 12:53
  US telco AT&T has decided it’s time to raise its cloud game and so has entered into strategic partnerships with Microsoft and IBM.
  The Microsoft deal focuses on non-network applications and enables AT&T’s broader strategy of migrating most non-network workloads to the public cloud by 2024. The rationale for this is fairly standard: by moving a bunch of stuff to the public cloud AT&T will be able to better focus on its core competences, but let’s see how that plays o
  
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• Netflix share price slumps 11% as Q2 falls short of expectations

  18-07-2019 12:28
  Netflix blames price increases and an under-performing content slate for poor performance in the second quarter of 2019.
  Revenues and profits might be up, but these are two metrics which have never seemingly bothered Netflix shareholders that much. What seems to be bothering the twitchy investors is tepid subscriber growth and increased competition in the streaming segment; ultimately these will both lead to the revenue and profitability metrics, but the point is to cast an eye on the horizon no
  
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• Brussels clears Vodafone’s Liberty Global deal

  18-07-2019 11:52 via ft.com
  UK company’s May deal with Telefónica Deutschland helped ease EU competition concerns
  
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• Brussels clears Vodafone’s €19bn Liberty Global deal

  18-07-2019 11:52 via ft.com
  UK telecoms group wins regulatory backing after concessions ease competition fears
  
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• HUBER+SUHNER presented Supplier Excellence Award by defense and aerospace giant Raytheon

  18-07-2019 09:00
  Award confirms the company’s valued partnership in providing high-quality and reliable products for the aerospace and defense marketAs the company celebrates its 50th year anniversary, HUBER+SUHNER, the leading manufacturer of components and systems for electrical and optical connectivity, has confirmed its position in the market as the proud recipient of Raytheon’s Supplier Excellence Award. The successful partnership with Raytheon encompasses over 30 years of collaboration, in whic
  
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• Driverless: Who is in control?

  18-07-2019 08:00 via feedproxy.google.com
  Self driving cars may seem like a modern invention, but they’re much older than you might realise.
  A new exhibition at the Science Museum shows off an early pioneer — a 1960 Citroen DS19 automatically-guided motor car, with its black sleek lines, and very 1960s looking computer in the back seat.While most of the headlines are about cars, and their long gestation towards commercial opportunities, it’s elsewhere that autonomous vehicles are already in action.
  Not featured are the
  
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• Vodafone's €18.4bn Liberty Global acquisition gets the go-ahead from Europe's top regulator

  18-07-2019 02:00
  The European Commission has approved Vodafone's proposed acquisition of a string of Liberty Global telecommunication assets in Eastern Europe, according to an official release.
  The €18.4 billion deal will see Vodafone become the largest provider of converged telecoms services in Europe…read more on TotalTele.com »
  
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• The UK's Digital Minister resigns following crucial Brexit vote

  18-07-2019 02:00
  The UK's Digital Minister, Margot James, has resigned her position in government following a heated vote in the House of Commons.James voted against the government in a ruling that will make it harder for any future Prime Minister to suspend parliament and force a no…read more on TotalTele.com »
  
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• SoftBank: Japan is no longer at the cutting edge of tech innovation

  18-07-2019 02:00
  Japan risks losing its position as one of the world's foremost destinations for research and innovation in the technology sector, due to a lack of investment opportunities, according to SoftBank's CEO…read more on TotalTele.com »
  
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• Ericsson's return to profitability continues but growth slows on Q2 results

  18-07-2019 02:00
  Ericsson met analysts' expectations when it released its Q2 2019 financial report this week, bringing to an end a series of 5 consecutive better-than-predicted results.
  Ericsson's quarterly earnings stood at SEK54.8 billion ($5.76 billion) for Q2 2019…read more on TotalTele.com »
  
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• EC approves Vodafone's €18.4bn acquisition of Liberty Global's assets in eastern Europe

  18-07-2019 02:00
  The European Commission has approved Vodafone's proposed acquisition of a string of Liberty Global telecommunication assets in Eastern Europe, according to an official release.
  The €18.4 billion deal will see Vodafone become the largest provider of converged telecoms services in Europe…read more on TotalTele.com »
  
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