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IoT will be a cash cow for carriers

2017-11-16 01:00:00| Total Telecom industry news

Telecoms operators will need to think creatively as they go in search of their next billion subscribers, which could well be bovine rather than human and could bring in sizeable revenue streams, according to Huawei. The Internet of Things (IoT) will open up new opportunities for carriers to sell enhanced data services to a wide range of new subscribers…read more on TotalTele.com »


Category: Telecommunications
 

Altice prioritises debt reduction over M&A

2017-11-16 01:00:00| Total Telecom industry news

Altice this week said it is open to asset sales, as the embattled cable group prioritises debt reduction over M&As. The acquisitive company has undertaken several bold, debt…read more on TotalTele.com »


Category: Telecommunications
 

RCom withholds debt payments

2017-11-16 01:00:00| Total Telecom industry news

Reliance Communications revealed this week that it is not paying its lenders or bondholders. The disclosure was made after the Bombay Stock Exchange sought clarification from the beleaguered Indian telco regarding reports it was defaulting on repayments…read more on TotalTele.com »


Category: Telecommunications
 

Amazon abandons plans for TV service - report

2017-11-15 17:29:00| Telecompaper Headlines

(Telecompaper) Amazon has scuppered plans to introduce a streaming service that would bundle the most popular US broadcast and cable networks, saying the profit margins for such a service are looking too low, Reuters reported, citing people familiar with the matter. With broadcast and cable networks refusing to join the Amazon Channels service, the company has also stopped all talks.


Category: Telecommunications
 

Tencent's Q3 profit jumps 69%, revenues climb 61%

2017-11-15 13:34:00| Telecompaper Headlines

(Telecompaper) Chinese internet group Tencent reported third-quarter total revenues of CNY 65.2 billion, which represents an increase of 61 percent year-on-year. Revenue growth was mainly boosted by smartphone games and PC games, payment related services, digital content subscriptions and sales, and online advertising, the company said. Tencent's operating profit rose 57 percent year-on-year. Profit jumped 69 percent year-on-year to CNY 18 billion.


Category: Telecommunications
 

Russian govt plans unified telecoms network monitoring centre under Roskomnadzor

2017-11-15 13:08:00| Telecompaper Headlines

(Telecompaper) The Russian Ministry of Communications and Mass Media has proposed to launch a federal centre for monitoring and management of telecommunications networks, reports Kommersant. It is expected that the federal telecommunications regulator Roskomnadzor will control the project. 

Tags: network plans centre russian

Category: Telecommunications
 

Italian PM inaugurates Open Fiber digital divide rollout

2017-11-15 09:37:00| Telecompaper Headlines

(Telecompaper) Italian prime minister Paolo Gentiloni has inaugurated the first FTTH construction site of phase one of the government's tenders to build and operate a national high-speed broadband network in digital divide areas throughout the country. The symbolic ribbon cutting event took place in the locality of Campli in the Italian region of Abruzzo, badly hit by recent earthquakes. The Open Fiber wholesale-only venture of Italian utility Enel and state lender CDP having been awarded the corresponding contract to roll out fibre cable in underserved parts of Abruzzo, Molise, Emilia Romagna, Lombardy, Tuscany and Veneto.

Tags: open digital italian fiber

Category: Telecommunications
 

EE lays claim to UK's first end-to-end 5G test

2017-11-15 01:00:00| Total Telecom industry news

EE on Wednesday laid claim to the U.K.'s first end-to-end 5G network test, reaching a downlink speed of 2.8 Gbps. The test saw the BT-owned mobile operator and its hardware partner Huawei combine EE's virtualised 5G core with Huawei's proof…read more on TotalTele.com »


Category: Telecommunications
 

Telefonica offloads another 15.2% of Telxius

2017-11-15 01:00:00| Total Telecom industry news

Private equity firm KKR this week exercised an option to buy another 15.2% of Telefonica's infrastructure arm Telxius. Under the deal, KKR will pay &euro…read more on TotalTele.com »


Category: Telecommunications
 

TalkTalk swings to H1 loss, issues profit warning

2017-11-15 01:00:00| Total Telecom industry news

TalkTalk on Wednesday revealed it swung to a first half loss and warned that its full year earnings will come in at the low end of its guidance, as the U.K. telco seeks to further grow its customer base. "When we simplified and reset the business in May we said our priorities were growth…read more on TotalTele.com »

Tags: issues loss profit warning

Category: Telecommunications
 

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