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Masmovil adds over 500,000 clients in Q3, profits up 27% to EUR 152 mln

2020-11-23 16:01:00| Telecompaper Headlines

(Telecompaper) Spanish telecommunications provider Masmovil, the country's fourth largest network operator, reported service revenues up 20 percent year on year to EUR 1.27 billion in the first 9 months of the year after adding over 500,000 customers in the third quarter alone. Recurring 9-month EBITDA was up 27 percent year on year to EUR 428 million and also rose by 27 percent in the third quarter to EUR 152 million, with the quarterly EBITDA margin rising to 31 percent. The operator, which has recently been acquired by the Lorca Telecom consortium of buyout funds KKR, Cinven and Providence, described the results as "solid" and "in line with forecasts" in spite of the special circumstances arising from the pandemic.

Tags: to eur clients adds

Category: Telecommunications

General Motors new Factory ZERO installs 5G

2020-11-23 01:00:00| Total Telecom industry news

Back in January, General Motors (GM) announced plans to invest $2.2 billion in retooling their Detroit-Hamtramck Assembly Center, preparing it to specialise entirely in the creation of electric vehicles. They dubbed the revamped plant Factory ZERO, after GM’s new philosophy that aims for a future with zero-crashes, zero-emissions and zero…read more on TotalTele.com »

Tags: general factory motors general motors

Category: Telecommunications

Tiscali commits to FiberCop, signs co-investment contracts with TIM

2020-11-23 01:00:00| Total Telecom industry news

In late August, TIM approved an agreement with KKR Infrastructure and Fastweb to create FiberCop, a new company to which TIM’s ‘last-mile’ access network will be transferred, as well as the fibre network developed by FlashFiber, a TIM–Fastweb joint venture…read more on TotalTele.com »

Tags: tim signs contracts tiscali

Category: Telecommunications

Pre-empting catastrophe: Introducing the Mentor Execution Index

2020-11-23 01:00:00| Total Telecom industry news

From fibre to 5G, modern telcos are inundated with a variety of complex programs, each of which is designed to be robust but can, in fact, be just a short step from disaster.    Typically, telcos only realise their programs are in jeopardy once they have already failed. At this point the programs will need to be rescued…read more on TotalTele.com »

Category: Telecommunications

OneWeb emerges from bankruptcy with new CEO

2020-11-22 20:40:00| Telecompaper Headlines

(Telecompaper) Broadband satellite company OneWeb has successfully emerged from US Chapter 11 bankruptcy protection after securing all relevant regulatory approvals. 

Tags: ceo bankruptcy emerges oneweb

Category: Telecommunications

Join us on the road to AWS re:Invent 2020

2020-11-20 21:37:02| The Webmail Blog

Join us on the road to AWS re:Invent 2020 nellmarie.colman Fri, 11/20/2020 - 14:37   Rackspace Technology is entering its sixth year sponsoring AWS re:Invent and for the first time, re:Invent will be online and free to attend. This years event offers more opportunities for you to explore, with its three-week digital conference format and follow the sun agenda. Its designed not only to replicate, but also enhance the traditional, in-person experience complete with after-hours fun and networking opportunities. Weve developed an engaging, educational experience showcasing how we help customers innovate and build the future of technology on AWS. At the conference, youll also hear about exciting new solutions that weve developed to support your AWS journey. Highlights of our 2020 agenda include:   Merlins Magical AI Escape Put your skills to the test by solving challenges that emulate real AWS use-cases in our interactive Jam Lounge challenge. In our challenge, youll use Amazon Transcribe to navigate a virtual maze with magical voice commands to move Merlin, the wizard, through a perilous dungeon to freedom.   re:Invent Virtual Booth Enter our virtual experience to view a video from Kevin Jones, our CEO, access whitepapers and customer case studies, and check out our live meeting room to learn more about our AWS expertise. A schedule of topics is available on our AWS re:Invent hub. At the virtual booth, you can open up a virtual chat with our team of specialists about your AWS challenges, questions and concerns.   On-demand breakout session: Lessons Learned with Serverless Application Development Join Tolga Tarhan, Chief Technology Officer, and Amir Kashani, Vice President, AWS Cloud Native Development at Rackspace Technology to learn about best practices and lessons learned from years of experience designing and building serverless solutions on AWS. The live Q&A session is on December 16, 2:15 P.M.  2:45 P.M. PST.   Customer Perspectives: Wyndham Hotels & Resorts This is an unprecedented time for the travel and hospitality industry: travelers and guests, providers and suppliers, employees and stakeholders alike. At this virtual session, Wyndhams EVP and CIO and an AWS Guru team up to share strategic observations and technical insights, to help those in travel and hospitality and beyond build resilience for the long run.   Customer Perspectives: OpenSesame Media Join us to learn how Onica, a Rackspace Technology company, helped OpenSesame Media, Inc., pioneers in social audio experiences, build and scale their karaoke app from soft launch to massive availability across 5G phones around the world. Discover how a similar cloud-native approach can help your startup dream big, begin small and scale at rapid speed.   Our AWS team is looking forward to seeing you at AWS re:Invent 2020. For conference and event registration information, a full schedule of events and featured customers, visit https://events.rackspace.com/reinvent/.   Join us on the road to AWS re:Invent 2020AWS re:Invent has gone virtual and Rackspace Technology is there. Learn more about how were making this virtual event feel just like the in-person experience. Join us for AWS re:Invent 2020 https://events.rackspace.com/reinvent/Find out more Amazon Web Services (AWS)Managed CloudManaged Multi-CloudCloud InsightsValerie HendersonJoin us on the road to AWS re:Invent 2020November 23, 2020 Teaser FlagBlog

Category: Telecommunications

Colt Technology Services NL

2020-11-20 14:00:00| Telecompaper Reports

This company profile analyses Colt Technology Services, focusing on the company's operations in the Netherlands. The report contains information on Colt's current position and strategy. It discusses the company's latest financial figures and gives an overview of its current network. The report provides details of the product portfolio of Colt. It looks at the market in which Colt operates as well as its competitors. Furthermore the profile reports on Colt's marketing activities, including its customer strategy. Lastly the profile contains Telecompaper's SWOT analysis of Colt.

Tags: services technology colt technology services

Category: Telecommunications

SFR unveils 5G plans as network goes live in Nice

2020-11-20 11:27:00| Telecompaper Headlines

(Telecompaper) French operator SFR said that Nice is to become the first city in the country to see the arrival of its 5G services, which coincided with the announcement of 5G-compatible commercial offers. Customers can choose from four voice and data plans, which are eligible for the operator's SFR FAMiLY and Multi-Pack discounts. At the entry-level price point, subscribers will pay EUR 40 per month for a plan offering unlimited calls/texts and 80 GB of 5G data. This represents an additional EUR 5 per month compared with the standard price of an LTE plan including the same data and calls/texts allowance.

Tags: in live network nice

Category: Telecommunications

Altice France returns to EBITDA growth, as revenues rise 4% in Q3

2020-11-20 10:44:00| Telecompaper Headlines

(Telecompaper) Altice Europe's French operations reported an improving trend in financial performance for the three months to September, while the customer base experienced significantly lower net additions, particularly in the mobile segment. Revenues progressed 4.0 percent year-on-year to EUR 2.75 billion (+0.2% in Q2), as growth picked up in telecom activities and the contraction in the Media business eased considerably. Adjusted EBITDA rose 2.8 percent to EUR 1.08 billion, following the 1.0 percent drop reported in the June quarter.

Tags: in france returns growth

Category: Telecommunications

Telit receives all-share takeover bid from U-blox

2020-11-20 09:41:00| Telecompaper Headlines

(Telecompaper) Telit Communications has announced the receipt of a preliminary all-share bid approach from Swiss company U-blox. Under the terms of the Proposal, Telit shareholders would receive U-blox shares with a value of GBP 2.50 per Telit share, which would result in Telit shareholders owning approximately 53 percent in the combined company, said Telit in a brief statement. "The board of Telit is considering the proposal and a further announcement will be made when appropriate," said Telit, adding that "the proposal assumes any such merger would be structured as an offer for Telit by U-blox."

Tags: bid receives takeover telit

Category: Telecommunications

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