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Telecommunications
California court halts ban on WeChat, for the moment
2020-09-21 08:50:00| Telecompaper Headlines
(Telecompaper) A US judge has ruled in favour of those that filed a motion to halt the banning of WeChat, set to take place on Sunday 20 September. This means Apple and Google do not have to remove Tencent's WeChat app from their respective stores.
Category: Telecommunications
Dutch Multiplay Market 2020-Q2
2020-09-18 15:36:00| Telecompaper Reports
The report provides a comprehensive overview and insight into the Dutch consumer multi-play market. We analyse the Dutch telecoms markets from a bundling perspective. We report on the number of 1P, 2P, 3P and 4P subscribers, based on both company reports and our own calculations and estimates. We define multiplay households as households with a broadband subscription plus one of these three services: mobile, fixed telephony, or TV with the same provider.
Tags: market dutch multiplay dutch marketCategory: Telecommunications
US govt asks Riot Games, Epic Games about data protocols with Chinese parent Tencent
2020-09-18 14:26:00| Telecompaper Headlines
(Telecompaper) The move follows US bans on ByteDance's TikTok, Tencent's WeChat and Huawei, in the name of national security.
Tags: data games chinese parentCategory: Telecommunications
Softbank Group sells US mobile distributor Brightstar
2020-09-18 11:00:00| Telecompaper Headlines
(Telecompaper) Japan's Softbank Group said it has agreed to fully sell US mobile services unit Brightstar for an undisclosed amount to Brightstar Capital Partners (BCP), a private equity firm formed in 2015 by a former executive at Brightstar. Under the terms of the deal, Softbank will get cash and a 25 percent share in BCP. The transaction, subject to the usual approvals and closing conditions, should close by end March.
Tags: group mobile distributor sellsCategory: Telecommunications
Macquarie offers EUR 2.65 bln for Enel's Open Fiber stake
2020-09-18 09:16:00| Telecompaper Headlines
(Telecompaper) Italian utility giant Enel has confirmed the receipt of a binding bid from Australian infrastructure fund Macquarie for its 50 percent stake in Italian wholesale-only operator Open Fiber. In a brief statement, Enel said Macquarie Infrastructure & Real Assets (MIRA) offered EUR 2.65 billion, excluding debt, for the stake, with further adjustment and earn out mechanisms to be taken into account. The state-backed utility said its board is now "awaiting updates on the details that may emerge following the required in-depth activities with MIRA on the content of the offer."
Tags: open offers eur fiberCategory: Telecommunications
Ericsson to buy wireless WAN specialist Cradlepoint for USD 1.1 bln
2020-09-18 08:27:00| Telecompaper Headlines
(Telecompaper) Ericsson announced an agreement to acquire Cradlepoint for USD 1.1 billion. The takeover of the US-based company is expected to strengthen its portfolio of enterprise wireless solutions, including products for wireless edge WAN over 4G and 5G networks.
Tags: buy wireless usd specialistCategory: Telecommunications
Ericsson boosts its 5G portfolio with $1.1bn purchase of Cradlepoint
2020-09-18 02:00:00| Total Telecom industry news
Ericsson has today announced its acquisition of Cradlepoint, the US-based market leader in Wireless Edge WAN 4G and 5G Enterprise solutions. The investment is key to Ericsson’s ongoing strategy of capturing market share in the rapidly expanding 5G Enterprise space. Cradlepoint complements Ericsson’s existing 5G Enterprise portfolio which includes Dedicated Networks and a global IoT platform. The combined offering will create valuable new revenue streams for customers by supporting full 5G…read more on TotalTele.com »
Tags: of purchase portfolio ericssonCategory: Telecommunications
Connected Britain Sneak Peek: Fibre rollout, 5G, and digital skills for future generations
2020-09-18 02:00:00| Total Telecom industry news
For the first time, Total Telecom’s seminal UK telecoms event, Connected Britain, is going virtual, allowing attendees to enjoy a myriad of fascinating presentations from the comfort of their homes or workplaces. Featuring over 250 speakers from every aspect of the UK telecoms sector, Connected Britain is the UK’s leading connectivity event. Nine curated streams for a personalised experience One of the major advantages of Connected Britain’s virtual transition is the increased ease of delivering a personalised attendee experience. Gone are the days of scrolling through agendas to find the room for your next session of interest…read more on TotalTele.com »
Tags: future digital skills britainCategory: Telecommunications
Verizon, AT&T launch Zenkey mobile authentication system to customers
2020-09-17 14:54:00| Telecompaper Headlines
(Telecompaper) US mobile operators Verizon and AT&T have launched their new authentication service Zenkey for customers. Developed by the industry over the past three years, Zenkey uses factors such as the mobile phone number, Sim card and device to verify a user's identity when logging into a secure site. It's expected to help mobile users avoid having to remember multiple passwords for online services.
Tags: system mobile customers attCategory: Telecommunications
Altitude Infrastructure raises EUR 500 mln, unveils EUR 2.5 bln fibre investment plan
2020-09-17 10:27:00| Telecompaper Headlines
(Telecompaper) French fibre operator Altitude Infrastructure has announced that its subsidiary AI THD has raised EUR 500 million in equity and junior debt to fund fibre expansion and support the growth of newly acquired wholesaler Kosc. The operation consists of two transactions that should be finalised during the fourth quarter, subject to regulatory approval. A pension fund managed by the Real Assets and Private Markets division of UBS Asset Management will provide the capital raised in equity, said the company.
Tags: plan eur investment infrastructureCategory: Telecommunications