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SoftBank: Japan is no longer at the cutting edge of tech innovation

2019-07-18 02:00:00| Total Telecom industry news

Japan risks losing its position as one of the world's foremost destinations for research and innovation in the technology sector, due to a lack of investment opportunities, according to SoftBank's CEO…read more on TotalTele.com »

Tags: of japan longer tech

Category: Telecommunications

Ericsson's return to profitability continues but growth slows on Q2 results

2019-07-18 02:00:00| Total Telecom industry news

Ericsson met analysts' expectations when it released its Q2 2019 financial report this week, bringing to an end a series of 5 consecutive better-than-predicted results. Ericsson's quarterly earnings stood at SEK54.8 billion ($5.76 billion) for Q2 2019…read more on TotalTele.com »

Tags: results return growth continues

Category: Telecommunications

Vodafone's 18.4bn Liberty Global acquisition gets the go-ahead from Europe's top regulator

2019-07-18 02:00:00| Total Telecom industry news

The European Commission has approved Vodafone's proposed acquisition of a string of Liberty Global telecommunication assets in Eastern Europe, according to an official release. The €18.4 billion deal will see Vodafone become the largest provider of converged telecoms services in Europe…read more on TotalTele.com »

Tags: top global acquisition liberty

Category: Telecommunications

The UK's Digital Minister resigns following crucial Brexit vote

2019-07-18 02:00:00| Total Telecom industry news

The UK's Digital Minister, Margot James, has resigned her position in government following a heated vote in the House of Commons. James voted against the government in a ruling that will make it harder for any future Prime Minister to suspend parliament and force a no…read more on TotalTele.com »

Tags: digital vote minister crucial

Category: Telecommunications

EU confirms in-depth investigation into Amazon use of sellers data

2019-07-17 12:17:00| Telecompaper Headlines

(Telecompaper) The European Commission has confirmed the start of a formal antitrust investigation into Amazon's use of sensitive data from independent retailers who sell on its marketplace. The Commission said Amazon's agreements with sellers may breach EU competition rules and the company could be abusing its dominant position. 

Category: Telecommunications

Vodafone ratings put on Creditwatch negative by S&P

2019-07-17 10:19:00| Telecompaper Headlines

(Telecompaper) S&P has put Vodafone Group's BBB+ debt ratings on Creditwatch negative, suggesting the operator will have difficulty reducing leverage after completing the takeover of Liberty Global's assets in Germany and Eastern Europe. The ratings agency said the deal is likely to receive regulatory approval, and the additional debt will see Vodafone's leverage peak at 3.4-3.5x adjusted EBITDA in fiscal 2020. 

Tags: put sp ratings negative

Category: Telecommunications

Tele2 Q2 revenue drops 2%, underlying EBITDA rises 3% as Com Hem consolidation progresses

2019-07-17 10:10:00| Telecompaper Headlines

(Telecompaper) Tele2 has reported a 2 percent decline in second quarter group revenue to SEK 6.79 billion, with end-user service revenue falling by 1 percent to SEK 5.08 billion. Net profit was SEK 2.1 billion, boosted by the capital gain from the sale in Kazakhstan but dented by goodwill impairment in Estonia. In Sweden, the Com Hem integration is progressing, and it reached its FY run-rate synergy target after only six months.

Tags: hem revenue underlying consolidation

Category: Telecommunications

The lack of communication

2019-07-17 09:45:54| Cellular News Network

Were you aware that a lack of communication and that it brings is among the main reasons behind couples getting divorced?  Everyone likes to be heard, but if everyone only wants to receive their message across and get the solution that favors them at the cost of their partner, then …

Tags: communication lack

Category: Telecommunications

Ericsson maintains organic growth at 7% in Q1, margins improve

2019-07-17 09:01:00| Telecompaper Headlines

(Telecompaper) Ericsson maintained its organic sales growth at 7 percent in the second quarter, driven by a solid performance at its Networks division with growth in North America and Asia. Reported sales grew 10 percent to SEK 54.8 billion, helped by currency effects, and the gross margin rose to 36.6 percent from 34.8 percent a year ago. 

Tags: improve growth organic ericsson

Category: Telecommunications

America Movil underlying service revenue growth improves to 2.3% in Q2

2019-07-17 08:37:00| Telecompaper Headlines

(Telecompaper) America Movil said its underlying service revenue growth improved to 2.3 percent in the quarter, from 0.8 percent growth in the Q1. This excludes the effects of the stronger Mexican peso and Argentina, which is subject to hyper-inflation. Stronger mobile revenues, in Mexico, Colombia and the US, as well as continued expansion in fixed broadband drove the underlying growth. 

Tags: service america growth revenue

Category: Telecommunications

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