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Luxembourg's 5G spectrum auction raises EUR 41.3 million

2020-07-23 08:14:00| Telecompaper Headlines

(Telecompaper) Luxembourg's ministry for communications and media announced that four bidders have successfully secured 5G spectrum in the auction that took place in mid-July for 700 MHz and 3,600 MHz frequencies. Overall, the licence holders will pay EUR 41.3 million for their fifteen-year licences. In the 3,600 MHz band, the country's three mobile network operators were awarded most of the spectrum, with Post and Orange securing 110 MHz each and Proximus Luxembourg acquiring 100 MHz.

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Dutch 5G spectrum auction raises EUR 1.23 billion

2020-07-22 08:35:00| Telecompaper Headlines

(Telecompaper) The Dutch mobile spectrum auction, started 29 June, has finished with total proceeds of EUR 1.23 billion. The three mobile operators KPN, VodafoneZiggo and T-Mobile Netherlands all acquired frequencies for respectively EUR 416 million, EUR 416 million and EUR 400 million. 

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OnePlus introduces 'affordable' Nord smartphone for EUR 399

2020-07-21 16:59:00| Telecompaper Headlines

(Telecompaper) OnePlus has unveiled its new 'affordable' smartphone, the OnePlus Nord. It comes with high-end features like the Qualcomm Snapdragon 765G processor with 5G and the same 48-megapixel camera as on the OnePlus 8, for the lower price of EUR 399. The phone is available for purchase in a 'pop-up' online sale 21 July and will go on sale officially 04 August. 

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Cellnex revenues up 48% to EUR 723 mln in H1, lifts FY guidance

2020-07-21 09:22:00| Telecompaper Headlines

(Telecompaper) Spanish operator Cellnex Telecom, Europe's largest mobile towers company, reported revenues of EUR 723 million in the first half of 2020, up 48 percent year on year, with EBITDA rising 64 percent to EUR 527 million thanks mainly to the series of acquisitions made in 2019 in France and Italy (Iliad), Switzerland (Salt), the UK (BT), Ireland (Cignal) and Spain (Orange), as well as the purchase of OMTEL in Portugal, which closed in January. The financial costs of these investments and higher amortisation prompted a net loss of EUR 43 million in the same period, up from EUR 30 million in the first three months of 2020, a negative result that's expected to continue "in the coming quarters", said Cellnex.

Tags: eur guidance revenues lifts

 

Google fined record EUR 600,000 in Belgium for failure to respect right to be forgotten

2020-07-14 16:19:00| Telecompaper Headlines

(Telecompaper) Google has been fined a record EUR 600,000 in Belgium for failure to implement the 'right to be forgotten'. Belgium's privacy regulator said the company failed to handle sufficiently a request from a public figure in Belgium to have search results removed from Google's site. 

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