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Angolan govt picks Africell as fourth telecoms operator

2020-05-20 09:35:00| Telecompaper Headlines

(Telecompaper) Angola has awarded the licence for its fourth telecoms network to Lebanese group Africell, as Luanda opens other economic sectors to foreign competition, AFP reported. Angola had awarded the licence in 2019 to a domestic start-up called Telstar but President Joao Lourenco annulled the decision, saying the company failed to meet the bidding requirements. Africell already operates in Gambia, Democratic Republic of Congo, Sierra Leone and Uganda. 

Tags: fourth operator picks govt

 

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

 
 

COVID-19 to have limited impact on telecoms and pay TV spending in 2020

2020-05-15 17:00:53| Digital TV News

Worldwide spending on telecommunications and pay TV services will reach nearly $1.6 trillion in 2020, a decrease of 0.8% compared to 2019, according to IDC. IDC expects the decline to continue in 2021, but at a somewhat lower degree.

Tags: in tv limited pay

 

Summary of international coronavirus-related telecoms and media news - week 19

2020-05-11 09:04:00| Telecompaper Headlines

(Telecompaper) The trends in the telecoms, media and internet business are slowly evolving as the world starts to move towards a relaxation of the lockdown measures. An overview of the Covid-19 related news in telecoms (mainly Europe) and media and internet (globally) in week 19.

Tags: news international media week

 

SK Telecom's Q1 revenues rise nearly 3% on growing 5G subscriber base

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

(Telecompaper) South Korean operator SK Telecom posted first-quarter revenues of KRW 4.45 trillion, which represents an increase of 2.7 percent, mainly boosted by 5G subscriber base growth and development of new businesses, including media, security and commerce. Operating income was down 6.4 percent to KRW 302.0 billion due to expanded 5G network investment costs including 5G spectrum licensing fees. First-quarter net income amounted to KRW 306.8 billion, plunging 17.9 percent affected by factors including decreased equity method gains from SK Hynix.

Tags: base growing rise revenues

 

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