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Ericsson network sales grow in Q2 on NAmerican investment in 5G

2018-07-18 08:19:00| Telecompaper Headlines

(Telecompaper) Ericsson reported improved sales growth at its core networks business in Q2, driven by investment at North American operators in 5G. However, increased R&D spending and restructuring costs meant the company's net loss widened. 


Category: Telecommunications
 

Tele2 upgrades FY EBITDA growth outlook after strong Q2

2018-07-18 08:05:00| Telecompaper Headlines

(Telecompaper) Tele2 has upgraded its outlook for EBITDA growth this year after reporting a strong set of second-quarter results. The growth in Q2 was again led by its activities in the Baltics and Kazakhstan as well as a solid performance in its home market Sweden.


Category: Telecommunications
 

America Movil posts modest growth in Q2 on postpaid mobile, broadband expansion

2018-07-18 07:54:00| Telecompaper Headlines

(Telecompaper) America Movil reported a small increase in second-quarter sales and EBITDA, driven by the continued shift to postpaid mobile services and growth in the broadband market. Revenues rose 3.2 percent year-on-year to MXN 257.31 billion, and EBITDA improved 3.0 percent to MXN 72.02 billion, keeping the margin stable at 28.0 percent.

Tags: posts mobile america growth

Category: Telecommunications
 

Globe Telecom: We welcome competition from a 3rd telco

2018-07-18 02:00:00| Total Telecom industry news

Globe Telecom says that it would welcome the competition from a prospective third telco, if and when the Filipino government succeeds in creating one.  “As repeatedly stated before, Globe is not opposed to the entry of a third player…read more on TotalTele.com »


Category: Telecommunications
 

European Commission slaps Google with 4.34bn anti-competition fine

2018-07-18 02:00:00| Total Telecom industry news

The European Commission has fined global internet giant Google €4.34 billion for breaching anti-trust legislation in European markets. The Commission successfully argued that since 2011, Google had placed illegal restrictions on Android device manufacturers and had unfairly leveraged its size and scale to further cement its market position…read more on TotalTele.com »


Category: Telecommunications
 

Virgin Media sent to the MVNO naughty step, after Ofcom report

2018-07-18 02:00:00| Total Telecom industry news

Virgin Media has emerged as the most complained about network operator in the UK, according to a new report by regulator Ofcom. Virgin Media averaged 11 complaints per 100,000 customers on its network, more than double the industry average of 5…read more on TotalTele.com »


Category: Telecommunications
 

5G focus revitalises Ericsson, as Swedish kit maker returns to profitability

2018-07-18 02:00:00| Total Telecom industry news

Ericsson has beaten analysts' expectations and posted a strong set of financials for Q2 2018, thanks to its renewed focus on 5G projects across the globe. Ericsson has embarked upon a high-profile cost saving initiative, which is responsible for returning the company to a more sound financial footing by 2020…read more on TotalTele.com »


Category: Telecommunications
 

Verizon to extend its ultrafast broadband network to an additional 47,000 New Yorkers

2018-07-18 02:00:00| Total Telecom industry news

Verizon has struck a deal with state regulators to revamp its broadband networks and repair its telephone infrastructure in upstate New York. In a statement released to the press, the New York Public Service Commission announced that Verizon intended to make its high…read more on TotalTele.com »


Category: Telecommunications
 

Google's new subsea cable will boost connectivity between the US and Europe

2018-07-18 02:00:00| Total Telecom industry news

TE Subcom has been selected by Google to work on its Dunant submarine cable system, according to a company release. The new subsea cabling system will connect the US' Eastern Seaboard with mainland Europe…read more on TotalTele.com »


Category: Telecommunications
 

Telenor organic growth slows in Q2, maintains FY outlook

2018-07-17 08:49:00| Telecompaper Headlines

(Telecompaper) Telenor said its underlying sales growth slow in the second quarter but maintained its full-year outlook for growth. On an organic basis, subscription and traffic revenues increased by 0.4 percent in Q2, compared to 1 percent growth in Q1 and a full-year forecast for 1-2 percent growth. Total reported revenues were still down 3 percent to NOK 27.485 billion, hurt by negative currency effects.

Tags: growth organic outlook maintains

Category: Telecommunications
 

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