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European Commission approves Telia's acquisition of Swedish broadcast giant

2019-11-12 01:00:00| Total Telecom industry news

The European Commission has approved Telia Group's acquisition of Swedish broadcasting firm, Bonnier Broadcasting, in a deal worth a reported $950 million (SEK 9.2 billion). As part of the deal…read more on TotalTele.com »

Tags: european commission broadcast acquisition

Category: Telecommunications
 

Speed tiering is the key to monetizing 5G, says Vodafone

2019-11-12 01:00:00| Total Telecom industry news

Operators should offer their customers a tiered 5G offering, allowing them to pick and pay for the speeds that suit them, in order to quickly monetize their 5G networks…read more on TotalTele.com »

Tags: key speed says vodafone

Category: Telecommunications
 

German mobile operators plan shared network to improve rural, transport coverage

2019-11-11 15:54:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom, Telefonica and Vodafone have announced a partnership to build 6,000 mobile sites to improve broadband coverage. The three major operators in Germany will share the use of the network.  

Tags: plan network mobile improve

Category: Telecommunications
 

T-Mobile, Vodafone lead growth in Dutch postpaid market in Q3 as KPN struggles

2019-11-11 15:48:00| Telecompaper Headlines

(Telecompaper) KPN added just 5,000 retail postpaid subscribers in Q3, while losing 48,000 prepaid Sims in the same period. The incumbent's total retail mobile base, including secondary brands, is down 5.6 percent year-on-year, and its market share has fallen by over 2 percent points in the past 12 months to 38.3 percent (excluding MVNO market).

Tags: market lead growth dutch

Category: Telecommunications
 

TIM switches on Europe's first 5G 'Edge Cloud' live network in Turin

2019-11-11 15:48:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) has continued its longstanding smart city technology collaboration with Turin city council by switching on what the operator describes as Europe's first 5G 'Edge Cloud' live network with connected drones. The network is designed to guarantee very high bandwidth and low latency by allowing an exceptionally large amount of data to be aggregated and processed closer to end consumers with a view to enabling greater agility and flexibility in the configuration of ever-more advanced services and applications, said TIM.

Tags: in live network edge

Category: Telecommunications
 

Frontier mulls major reorganisation, including departure of CEO, filing for bankruptcy - report

2019-11-11 15:19:00| Telecompaper Headlines

(Telecompaper) Frontier Communications is in talks with advisors about its debt of USD 17.5 billion, Bloomberg reported, with sources saying creditors want Frontier to restructure and come out with a plan. This could include the company declaring itself bankrupt, a move which could take place in the first quarter of next year, before USD 300 million worth of interest becomes due in March, sources said. Some investors have argued that it would be better for the company to file for Chaper 11 sooner rather than later. The major restructuration plan would also include new management and a new CEO. Sources say Frontier has started looking for a possible replacement to Dan McCarthy, who has the company's CEO since 2015.

Tags: including report major filing

Category: Telecommunications
 

Vodacom Group H1 revenue rises 3.9%

2019-11-11 09:37:00| Telecompaper Headlines

(Telecompaper) Vodacom Group revenue increased by 3.9 percent to ZAR 44.39 billion in the first six months to 30 September from ZAR 42.71 billion a year earlier, supported by group service revenue growth of 4.2 percent. The group added 2.7 million customers in South Africa and international operations and 2.7 million at Safaricom during the period, giving it a combined 115 million customers. Net profit rose by 20.8 percent to ZAR 8.19 billion from ZAR 6.79 billion in 2018.

Tags: group revenue rises vodacom

Category: Telecommunications
 

Last week in media: Disney, Discovery and ITV getting into the SVOD business, Nielsen to be split up

2019-11-11 07:01:00| Telecompaper Headlines

(Telecompaper) The Telecompaper Global Media index was up 1.3 percent, outperforming the S&P 500 (+0.9%). ComScore, up 31 percent, was the biggest winner, followed by Lions Gate (+14%) and Discovery (+13%). The weakest shares included Zee Entertainment (-7.1%), Snap (-6.5%) and News Corp (-6.3%). The main news, apart from earnings reports, came from Discovery, Walt Disney and ITV, all launching or planning to launch streaming video services.

Tags: to up business media

Category: Telecommunications
 

Last week in telecoms: earnings reports, Virgin Media migrates its MVNO, Deutsche Telekom sees T-Mobile US merger progress

2019-11-11 07:00:00| Telecompaper Headlines

(Telecompaper) The Telecompaper European Telecoms Services index was down 0.3 percent in week 45, versus a gain of 2.1 percent for the EuroStoxx 50 index. The week was heavy with earnings reports, with some M&A news. Tele Columbus was the best stock to own last week, up 15 percent. At a closing price of EUR 2.45 it has come off considerably from its low of EUR 1.29 in early June. BT's loss of 8.0 percent put it among the week's worst losers. The company stands to lose Virgin Mobile as an MVNO customer from 2021.

Tags: us media week reports

Category: Telecommunications
 

Vodafone and Openreach to launch 500,000 new FTTH connections in Spring 2020

2019-11-11 01:00:00| Total Telecom industry news

Vodafone will launch fibre to the home (FTTH) broadband services in Birmingham, Bristol and Liverpool next spring, following the signing of a new deal with the UK's incumbent broadband network provider, Openreach. Vodafone will launch its Gigafast Broadband services…read more on TotalTele.com »

Tags: spring connections launch vodafone

Category: Telecommunications
 

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