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Spain targets 100% fibre coverage by 2021

2018-03-22 01:00:00| Total Telecom industry news

Spain has unveiled plans to spend €525 million to extend fibre coverage to 100% of the country's population centres by 2021. Today, 76% of Spain's population already has access to high…read more on TotalTele.com »

Tags: spain coverage targets fibre

Category: Telecommunications

China Mobile 2017 profit up 5% on wireless data growth

2018-03-22 01:00:00| Total Telecom industry news

 China Mobile on Thursday reported a strong set of results for 2017, as wireless data revenue accounted for more than half of the operator's full-year service revenue for the first time. "We have made outstanding achievements on multiple fronts, sustained favourable growth momentum and bolstered our position as a market leader…read more on TotalTele.com »

Tags: data china mobile growth

Category: Telecommunications

Push for TIM network sale gathers strength

2018-03-22 01:00:00| Total Telecom industry news

The sale of TIM's fixed network assets could be on the cards if activist investor Paul Singer has his way. Singer's Elliott Capital Advisors holds 5.74% of TIM, formerly known as Telecom Italia, according to an update from Italian market watchdog Consob on Wednesday…read more on TotalTele.com »

Tags: sale network tim strength

Category: Telecommunications

Mexico launches shared 700-MHz LTE network

2018-03-22 01:00:00| Total Telecom industry news

Mexico on Wednesday formally launched its shared LTE network at an event attended by President Enrique Peña Nieto, according to an agenda announcement from the government…read more on TotalTele.com »

Tags: network mexico shared launches

Category: Telecommunications

EU unveils plans for 3% tax on online services

2018-03-21 13:13:00| Telecompaper Headlines

(Telecompaper) The European Commission has unveiled its proposals for increasing tax collected on digital services such as online advertising. As an "interim measure", large companies would pay a 3 percent levy on revenues generated from such services in the EU. In the longer term, EU members would be able to tax profits from the services if they exceed a certain threshold.

Tags: on online services plans

Category: Telecommunications

ZICTA picks Unitel's Uzi Mobile as fourth Zambian operator

2018-03-21 11:15:00| Telecompaper Headlines

(Telecompaper) Uzi Mobile Zambia, a unit of Dutch company Unitel International Holdings, has been selected as the country's fourth mobile phone service provider. The Zambia Information and Communications Technology Authority (ZICTA) said that Uzi Mobile had pledged to invest over USD 350 million and create more than 450 direct jobs.

Tags: mobile fourth operator picks

Category: Telecommunications

Liberty Global holds talks with Sunrise for joint venture with Swiss unit - report

2018-03-21 10:55:00| Telecompaper Headlines

(Telecompaper) Liberty Global is in talks with the mobile operator Sunrise regarding a joint venture, reported Bloomberg, citing people with knowledge of the matter. Discussions may lead to a joint venture with Liberty unit UPC Switzerland. Talks are at an early stage and an agreement is not certain.

Tags: report global unit joint

Category: Telecommunications

Telenor to sell east Europe mobile operators to Czech PPF Group for EUR 2.8 bln

2018-03-21 08:46:00| Telecompaper Headlines

(Telecompaper) Telenor has agreed to sell its mobile operators in Hungary, Bulgaria, Montenegro and Serbia to Czech investment group PPF for EUR 2.8 billion. PPF already owns the Czech operator O2 and is buying Bulgarian TV group Nova from MTG. 

Tags: group mobile sell eur

Category: Telecommunications

Vivendi sells entire stake in Ubisoft for EUR 2 bln

2018-03-21 08:39:00| Telecompaper Headlines

(Telecompaper) Vivendi has announced that it has entered into agreements to sell its 27.27 percent stake in games developer Ubisoft, amounting to 30,489,300 shares, for EUR 2 billion. This interest was acquired over the past three years for EUR 794 million. As part of the deal, Vivendi will no longer be a Ubisoft shareholder and has committed to refrain from purchasing Ubisoft shares for a period of five years. The move follows speculation last year that the company could face a possible hostile bid from Vivendi, despite opposition from the Guillemot family (founder and minority shareholder of Ubisoft).

Tags: eur entire sells stake

Category: Telecommunications

Singtel to interconnect m-wallets for cross-border payments

2018-03-21 07:45:00| Telecompaper Headlines

(Telecompaper) Singapore mobile operator Singtel has announced plans to interconnect mobile wallets across different ecosystems through an interoperable platform. To start with, the Group plans to initially link the mobile wallets of Singtel and its regional associates, with the first commercial launch between Singtel and AIS. Different mobile wallets across different markets will be connected to offer cross-border payments at physical merchants.

Tags: payments interconnect singtel crossborder

Category: Telecommunications

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