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Disney streaming chief Mayer to join TikTok as CEO

2020-05-19 09:07:00| Telecompaper Headlines

(Telecompaper) Disney executive Kevin Mayer has been named the new CEO of TikTok and COO at its parent company ByteDance. He's replaced at Disney by Rebecca Campbell as head of the company's direct-to-consumer business and international operations. 

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Category: Telecommunications

Telecom Italia revenues down 8% in Q1, confirms FY core profit forecast

2020-05-19 08:58:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) confirmed its full-year core profit guidance in spite of an 8.4 percent year-on-year decline in first-quarter revenues to EUR 3.96 billion, attributed to a sharp fall in domestic sales resulting from lower customer numbers in stores and reduced roaming traffic during the coronavirus lockdown. The company's EBITDA was down 7.5 percent year on year on organic terms to EUR 1.77 billion in the first 3 months of 2020 thanks to cost savings and a 1.6 percent rise in revenues at TIM Brasil that partially offset the lower domestic revenues.

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Category: Telecommunications

Mobile broadband adoption ready to boom in Sub-Saharan Africa

2020-05-19 02:00:00| Total Telecom industry news

Sub-Saharan Africa has seen steady growth in mobile broadband coverage in recent years and this trend shows no signs of slowing. Indeed, the GSMA’s figures show that in 2018 around 23% of the population were mobile internet users, with this figure expected to rise to 39% by 2025.    However, compared to the global average, this figure remains low, stopping millions of Africans from engaging with the digital economy. During the ongoing coronavirus pandemic we have seen the incredible importance of eCommerce and digital transactions, which is crucially linked to mobile money and the connectivity provided by telcos. Without access to the internet, Sub-Saharan Africa will find itself increasingly behind the rest of the world’s economic development, especially during the revitalisation of the post-COVID-19 economy.   To overcome this challenge…read more on TotalTele.com »

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Category: Telecommunications

SunriseSalt's $3bn JV could shake up Swiss telecoms ecosystem

2020-05-19 02:00:00| Total Telecom industry news

Switzerland’s telecoms sector received a major shake up this morning when it was announced that Sunrise Communications and Iliad’s Salt are undertaking a broadband partnership aiming to reach 1…read more on TotalTele.com »

Tags: swiss shake telecoms ecosystem

Category: Telecommunications

Rakuten Mobile puts the brakes on 5G launch

2020-05-19 02:00:00| Total Telecom industry news

The coronavirus pandemic is having a detrimental impact on operators’ 5G deployments around the world and last week it claimed yet another victim, forcing back Rakuten Mobile’s 5G launch by three months.   Rakuten Mobile launched its highly anticipated, fully virtualised 4G service back in April…read more on TotalTele.com »

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Category: Telecommunications

Huawei strikes five-year partnership with Imperial College London

2020-05-19 02:00:00| Total Telecom industry news

Huawei have today announced a £5 million “strategic partnership” with Imperial College London in an effort to help develop the next generation of entrepreneurs and data scientists.   The multi-faceted deal will see Huawei directly supporting Imperial’s facilities through providing an indoor 5G wireless network and AI Cloud platform. These technologies will help to advance the research of    The company will also become the founding partner of the new Leonardo Centre…read more on TotalTele.com »

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Category: Telecommunications

Huawei slams 'arbitrary and pernicious' US move to restrict supply chain

2020-05-18 14:24:00| Telecompaper Headlines

(Telecompaper) Huawei has slammed the Trump administration's move to restrict its access to global semiconductor supplies that use US equipment, IP or software. In a strongly-worded statement, the Chinese telecommunications giant described the US commerce department's decision to amend the longstanding foreign-produced direct product rule as "arbitrary and pernicious", adding that the US government's "discriminatory" actions could undermine a number of global industries as well as the trust international companies place in US technology and supply chains. "Ultimately, this will harm US interests," claimed Huawei.

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Category: Telecommunications

Softbank in talks to sell T-Mobile shares to Deutsche Telekom - report

2020-05-18 10:33:00| Telecompaper Headlines

(Telecompaper) Softbank is in talks with Deutsche Telekom to sell a portion of its stake in T-Mobile US, the Wall Street Journal reports citing people familiar with the matter. Deutsche Telekom would raise its stake in T-Mobile to over 50 percent from the current 44 percent if the transaction were finalised. Telekom already has voting control of T-Mobile under a prior agreement with SoftBank, which recently held almost 25 percent of T-Mobile's common stock, according to FactSet. 

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Category: Telecommunications

TSMC halts new orders from Huawei - report

2020-05-18 10:08:00| Telecompaper Headlines

(Telecompaper) Taiwan Semiconductor Manufacturing (TSMC) has stopped taking new orders from Huawei, the Nikkei Asian Review reported, with sources saying the move comes after the US government confirmed its intent to restrict the Chinese's company's use of US tech and software for the design and manufacture of its semiconductors abroad. The sources said company is halting new orders to comply with the latest export control regulation, but that orders already in production, and those taken before the new ban, will continue, as long as the chips can be shipped before mid-September. 

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Category: Telecommunications

Oppo to launch range of entry-level and flagship products in Europe with Vodafone

2020-05-18 09:03:00| Telecompaper Headlines

(Telecompaper) Oppo and Vodafone have announced a distribution deal that will see the Chinese manufacturer introduce new products in all of the operator's European markets, including Germany, the UK, Spain, Portugal, Romania, Turkey and the Netherlands, starting from this month. Availability will then be expanded to other Vodafone markets.

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Category: Telecommunications

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