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TDC names Sony Ericsson ex-CEO Nordberg as board chairman from August

2018-06-18 17:18:00| Telecompaper Headlines

(Telecompaper) Danish operator TDC has announced the appointment of Bert Nordberg as chairman from 01 August. TDC was recently taken over by a consortium of pensions companies PFA Pension & Forsikringsselskab, PKA and ATP and Macquarie Infrastructure and Real Assets. Nordberg has served as chairman of Vestas since 2012 and is non-executive director of the boards of Electrolux, Saab, Skandinaviska Cellulosa (SCA) and Essity. Between 2009 and 2012, he was president and CEO of Sony Ericsson.

Category: Telecommunications

Google to invest USD 550 million in China's JD.com

2018-06-18 10:03:00| Telecompaper Headlines

(Telecompaper) Google announced it will invest USD 550 million in Chinese e-commerce company JD.com. Google and JD.com say this investment is part of a broader partnership that will include the promotion of JD.com products on Google's shopping service. 

Category: Telecommunications

China has not given accord to Qualcomm regarding NXP - report

2018-06-18 09:16:00| Telecompaper Headlines

(Telecompaper) Uncertainty continues to reign over Qualcomm's proposed acquisition of NXP for USD 44 billion. Reports from the South China Morning Post said last week that China had given its green light but other sources, from Reuters, said today that this is not the case. Sources close to the deal said they were not aware of any Chinese approval. One of them said the US tariffs on Chinese goods could impact the process.

Category: Telecommunications

German regulator orders Vodafone to introduce changes to zero-rated Pass after net neutrality investigation

2018-06-18 09:04:00| Telecompaper Headlines

(Telecompaper) In terms of video streaming, Vodafone does not reduce the quality of video streams at times as does Deutsche Telekom with its own zero-rated service StreamOn, although Vodafone said it reserved the right to reduce streams to SD quality within legal limits. Vodafone said it would inform the BNetzA three months ahead of time before it introduces features reducing the quality of video streams, giving the regulator enough time to ban any unlawful restrictions on video quality. The BNetzA said it expects Vodafone will follow the outcome of the current court proceedings over Telekom's StreamOn service. 

Category: Telecommunications

Huawei may be banned from participating in Australia 5G roll-out

2018-06-18 08:46:00| Telecompaper Headlines

(Telecompaper) "Recent public commentary around China has referenced Huawei and its role in Australia and prompted some observations around security concerns," Huawei Australia chairman John Lord and board directors John Brumby and Lance Hockridge said in an open letter, reported by Reuters. "Many of these comments are ill-informed and not based on facts," they added. 

Category: Telecommunications

Vodafone leads fall in Dutch mobile service revenues in Q1, Tele2 grows market share

2018-06-18 08:45:00| Telecompaper Headlines

(Telecompaper) Dutch mobile service revenues fell 7.0 percent year-on-year to EUR 941 million in the first quarter of 2017, hurt by regulatory effects as well as continued price pressure and tough competition. Compared to the fourth quarter of 2017, revenues fell 3.0 percent, according to the latest quarterly report from Telecompaper. 

Category: Telecommunications

Australia triples NBN orders for wholesale speed tiers of 50 Mbps or higher

2018-06-18 07:33:00| Telecompaper Headlines

(Telecompaper) Australians are increasingly switching to faster internet retail plans, with 70 percent of new orders on the NBN access network being now based on wholesale speeds tiers of 50 Mbps for download or higher, according to a report from NBN Co, the company building Australia's broadband network. The report further shows that, since December 2017, orders for wholesale speed tiers of 50 Mbps or higher have almost tripled, increasing from 16 percent to 44 percent, with average bandwidth network congestion reduced from more than five hours to less than 30 minutes per service, per week compared to this time last year (excluding Sky Muster satellite).

Category: Telecommunications

Last week in telecoms: satellite winners and 5G losers

2018-06-18 07:30:00| Telecompaper Headlines

(Telecompaper) Week 24 delivered a gain of 0.1 percent to our European telecoms stock index, far behind the EuroStoxx 50's 1.7 percent gain. The winners included Inmarsat (+11%) and Iridium (+8.3%), which have lagged this year's solid performance of other satellite stocks. TalkTalk (+9.4%) and Veon (+7.1%) also did well, regaining some ground on losses suffered earlier in the year. Greek micro cap Forthnet (-15%) and Spanish small cap MasMovil (-10%) were the weakest stocks in our basket.

Category: Telecommunications

SK Telecom and KT both win big at South Korea's 5G auction

2018-06-18 02:00:00| Total Telecom industry news

SK Telecom and KT have both been awarded 100MHz of spectrum in the 3.5GHz band, as part of South Korea's 5G auction process…read more on TotalTele.com »

Category: Telecommunications

Hyperoptic: UK's FTTH penetration could hit 10% inside 18 months

2018-06-18 02:00:00| Total Telecom industry news

Hyperoptic's CEO, Dana Tobak, has said that she expects the UK's fibre to the home (FTTH) penetration rate to hit 10 per cent inside the next 18 months. Speaking exclusively to Total Telecom ahead of the Connected Britain event…read more on TotalTele.com »

Category: Telecommunications

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