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Netflix adds 8.8 mln subscribers in Q4, amid lower profit and record negative free cash flow
2019-01-18 09:16:00| Telecompaper Headlines
(Telecompaper) Netflix added 8.84 million paid subscribers in the fourth quarter, including 7.31 million outside of the US. The total number of customers now amounts to 139 million. Expenses for original content went to EUR 3.78 billion for the quarter and EUR 13.0 billion for all of 2018. Netflix kept its margin expectations and showed it wants to make its own films just as successful as its own series. Revenues for the quarter rose by 27 percent, but profit fell due to sharply higher spending on marketing, R&D and interest. Cash outflow increased due to increased investments in original content.
Category: Telecommunications
Reliance Jio to boost 4G network reach to 1.3 billion Indians
2019-01-18 01:00:00| Total Telecom industry news
India's disruptive mobile network ioperator, Reliance Jio, says that its 4G networks will soon be available to 99 per cent of India's 1.3 billion population. Reliance Jio first launched 4G mobile services across India in September 2016 and has been rapidly expanding its coverage since then…read more on TotalTele.com »
Category: Telecommunications
Netflix growth chills as International competitors gather momentum
2019-01-18 01:00:00| Total Telecom industry news
Shares in US content streaming giant Netflix fell by 5 per cent yesterday as the company released a challenging set of figures for the fourth quarter of 2018. Netflix posted revenues of $4.19 billion, narrowly missing industry estimates by around $20 million…read more on TotalTele.com »
Category: Telecommunications
TIM issues profit warning as boardroom tensions flare
2019-01-18 01:00:00| Total Telecom industry news
Telecom Italia (TIM) has warned of a fall in profits this year, as a spat between its two largest shareholders rumbles on. TIM reported organic core earnings of $9.2 billion, around a 5 per cent drop on last year's figures…read more on TotalTele.com »
Category: Telecommunications
Singtel and Ericsson launch live 5G test facility in Singapore
2019-01-18 01:00:00| Total Telecom industry news
Singtel, Ericsson and Singapore Polytechnic have joined together to launch the country's first live 5G facility. The '5G Garage' will utilise Singtel's 3.5GHz trial 5G network and will aim to develop 5G use cases for enterprise customers…read more on TotalTele.com »
Category: Telecommunications
VXFiber continues UK expansion with key strategic appointment
2019-01-18 01:00:00| Total Telecom industry news
Swedish fibre to the home (FTTH) specialist VXFiber has continued its expansion in the UK by appointing Steve Drake as the company's senior project manager for the Midlands and the North of England…read more on TotalTele.com »
Category: Telecommunications
IBM, Vodafone create JV to provide cloud, 5G and AI, ink deal worth USD 550 mln
2019-01-17 16:35:00| Telecompaper Headlines
(Telecompaper) IBM and Vodafone Business are creating a new venture that will provide companies across Europe and beyond with the open, flexible technologies they need to integrate multiple clouds and prepare for the next wave of digital transformation enabled by AI, 5G, edge and software defined networking (SDN). The new venture will be operational in the first half. Under the new venture, Vodafone Business customers will immediately have access to the full portfolio of IBM's cloud offerings, underpinned by IBM's deep industry expertise and open technologies.
Category: Telecommunications
Amazon Web Services unveils AWS Backup service
2019-01-17 09:01:00| Telecompaper Headlines
(Telecompaper) Amazon Web Services (AWS) has released AWS Backup, a fully-managed, centralised backup service that allows customers to back up their data across AWS services and on-premises. The platform gives customers a single service to configure and audit the AWS resources they backup, automate backup scheduling, set retention policies, and monitor recent backups and restores in one place.
Category: Telecommunications
BT CTIO: UK telecoms industry entering a 'pivotal period'
2019-01-17 01:00:00| Total Telecom industry news
Fresh from his win in the CTO of the Year category at the 2018 World Communication Awards, we met up with BT's chief technology and information officer, Howard Watson, to discuss his plans for the UK's biggest telco in 2019. With the launch of 5G on the mobile side and ambitious targets on the fixed line side of its operations, 2019 promises to be a busy year for the UK's former incumbent telecoms provider. Watson is excited about the challenges that lie ahead for BT in 2019 and believes that the telecoms industry as a whole is reaching a crucial point in its evolution…read more on TotalTele.com »
Category: Telecommunications
Orange boosts Caribbean connectivity with the launch of its Kanawa cable system
2019-01-17 01:00:00| Total Telecom industry news
Orange has unveiled its 1,746km Kanawa cable system, which will provide cutting edge connectivity between French Guyana, Guadeloupe and Martinique. Kanawa incorporates two fibre pairs capable of delivering 10Tbps of subsea capacity…read more on TotalTele.com »
Category: Telecommunications