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Oi sells 25% stake in Unitel for USD 1 billion
2020-01-24 16:46:00| Telecompaper Headlines
(Telecompaper) Oi has agreed to sell its 25 percent share in Angolan operator Unitel for USD 1 billion, reports O Globo. The buyer is Angolan oil company Sonangol which will pay USD 750 million initially and the rest in 90 days.
Category: Telecommunications
Facebook facing EUR 5 mln Italy fine for 'non-compliance'
2020-01-24 10:43:00| Telecompaper Headlines
(Telecompaper) Italian antitrust watchdog AGCM has launched proceedings against Facebook for its failure to comply with an earlier order regarding improper commercial practices in the social networking giant's methods of collecting and using personal data. In a statement, the agency said Facebook had not heeded its request to properly inform users about the collection and use, for commercial reasons, of the data they release and could be fined up to EUR 5 million for "non-compliance", as recently confirmed by the Regional Administrative Court of Lazio.
Category: Telecommunications
Ericsson raises dividend 50% as profits improve, margins on track
2020-01-24 08:58:00| Telecompaper Headlines
(Telecompaper) Ericsson announced a 50 percent increase in its dividend to SEK 1.50 per share, after reporting full-year results it says are on track to meet its medium and long-term targets. For the fourth quarter, the company posted sales up 4 percent to SEK 66.4 billion, and the adjusted operating margin more than doubled to 9.7 percent, close to its target of 10 percent for 2020.
Category: Telecommunications
Network sharing deal for rivals Deutsche Telekom and Deutsche Glasfaser
2020-01-24 01:00:00| Total Telecom industry news
Deutsche Glasfaser is rapidly expanding its FTTH network – so much so that incumbent Deutsche Telekom is being forced to concede that collaboration is necessary. Now, the two companies have struck a partnership to deliver a shared FTTH project in the town of Lüdinghausen near Münster. Glasfaser already has a fibre network in this town…read more on TotalTele.com »
Category: Telecommunications
Oranges new European strategy for 2025 supports more RAN sharing
2020-01-24 01:00:00| Total Telecom industry news
Increased competition and uncertainty has slowed the growth of some of Europe’s largest telecoms companies. Nonetheless, at an Orange Europe event in London yesterday, a host of the company’s regional CEO’s were adamant about the region’s unrealised potential. “Europe remains an exciting…read more on TotalTele.com »
Category: Telecommunications
StarHub and M1 team up for 5G licence bid
2020-01-24 01:00:00| Total Telecom industry news
In October last year, Singapore’s regulator, the Infocomm Media Development Authority (IMDA), announced that it would be doubling the number of 5G licences it plans to issue in 2020, in an effort to ensure competition. Previously…read more on TotalTele.com »
Category: Telecommunications
Ofcom names Vodafone as most complained about UK operator
2020-01-24 01:00:00| Total Telecom industry news
For the second quarter in a row, Vodafone has been named the most complained about UK operator by Ofcom. Vodafone received 26 complaints per 100,000 customers, far above the average of 14 for fixed ISPs. This was, however, four less complaints than they received in the previous quarter…read more on TotalTele.com »
Category: Telecommunications
According to a guy that has just enjoyed his first date in Shoreditch
2020-01-24 00:59:06| Cellular News Network
Alan, who has dated escorts all over the world, has only just dated his first Shoreditch escort from https://charlotteaction.org/shoreditch-escorts, and he had a really lovely time. Alan dated a girl called Sara and he says that she is one of the sexiest ladies that he has ever met, and she …
Category: Telecommunications
UK officials recommend limited 5G network role for Huawei - report
2020-01-23 17:05:00| Telecompaper Headlines
(Telecompaper) UK officials have proposed allowing Chinese technology company Huawei to play a limited role in the 5G network, reports Reuters citing two unnamed sources with knowledge of the matter.
Tags: report limited network roleCategory: Telecommunications
Comcast raises dividend 10% after solid growth in earnings, cash flow in 2019
2020-01-23 13:42:00| Telecompaper Headlines
(Telecompaper) Comcast has announced another 10 percent increase in its dividend, after reporting double-digit growth in underlying earnings and record free cash flow for 2019. This is the company's 12th consecutive annual increase and comes despite expected additional investment in the launch of its Peacock streaming service this year.
Category: Telecommunications