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Nokia signs UN pledge to address global inequality and sustainability issues

2020-09-21 02:00:00| Total Telecom industry news

Nokia CEO, Pekka Lundmark has signed a joint UN Statement, UNITED IN THE BUSINESS OF A BETTER WORLD, to be presented to the UN Secretary General as part of celebration of the 75th anniversary of the United Nations. The Statement, signed by more than 1,000 global CEOs, says that at time of unprecedented disruption and global transformation…read more on TotalTele.com »


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 market

Category: 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 parent

Category: 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 sells

Category: 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 fiber

Category: 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 specialist

Category: 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 ericsson

Category: 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 britain

Category: 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 att

Category: 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 infrastructure

Category: Telecommunications
 

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