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Telenor lowers FY outlook to flat revenues on tough Asian markets

2019-07-16 09:04:00| Telecompaper Headlines

(Telecompaper) Telenor has lowered its full year outlook to flat underlying revenues and a small decline in EBITDA, due to weaker results at its Asian activities. Nevertheless, the company said its strategy was on track, with an EBITDA margin of nearly 40 percent in Q2 and progress in accelerating revenues and reducing costs. 

Tags: flat markets asian outlook

Category: Telecommunications
 

Qualcomm unveils Snapdragon 855 Plus, with more speed and more power

2019-07-16 09:01:00| Telecompaper Headlines

(Telecompaper) Qualcomm has unveiled its latest Snapdragon 855 Plus chipset, a faster follow up to the company's flagship Snapdragon 855. The new plaform aimed at giving a strong 5G, gaming, AI and XR experience sports a Kryo 485 CPU that runs at top clock speeds of up to 2.96 GHz. Qualcomm's Adreno 640 GPU provides a performance improvement of 15 percent, the company said. 

Tags: more power speed unveils

Category: Telecommunications
 

Swisscom, Elisa and SK Telecom join forces to offer worlds first 5G roaming

2019-07-16 02:00:00| Total Telecom industry news

While the vast majority of mobile network operators still concentrating on getting their domestic 5G services up and running, Swisscom, Elisa and SK Telecom have joined together to offer international roaming to their customers…read more on TotalTele.com »

Tags: join offer forces telecom

Category: Telecommunications
 

GSMA: Sub-Saharan Africa to see world's fastest growth in smartphone uptake

2019-07-16 02:00:00| Total Telecom industry news

The GSMA has reported that sub-Saharan Africa will continue to be the region that experiences the fastest growth in smartphone adoption. A new study from the GSMA reveals that more than 160 million new mobile subscribers will be added in the region by the end of 2025…read more on TotalTele.com »

Tags: growth africa worlds fastest

Category: Telecommunications
 

France commits to spectrum auction as it looks to crack on with 5G

2019-07-16 02:00:00| Total Telecom industry news

France's telecoms regulator, Arcep, has said that it intends to proceed with a 5G spectrum auction later this year and also allocate licences directly to operators based on infrastructure investment…read more on TotalTele.com »

Tags: to on with france

Category: Telecommunications
 

Three set to become the UK's 5G disruptor as it launches its cloud core network

2019-07-16 02:00:00| Total Telecom industry news

Three UK has launched its fully integrated cloud core network in collaboration with Nokia, as the UK telco looks to kick start its preparations for 5G rollout. The first…read more on TotalTele.com »

Tags: its set network core

Category: Telecommunications
 

Brazil backs Huawei as the country looks ahead to 5G in 2021

2019-07-16 02:00:00| Total Telecom industry news

Brazil's Vice President, Hamilton Mourao, has said that his country will continue to work with Chinese technology giant Huawei on its 4G and 5G networks, despite US calls for a boycott…read more on TotalTele.com »

Tags: in to country brazil

Category: Telecommunications
 

US FTC approves USD 5 bln fine for Facebook data violation - report

2019-07-15 08:52:00| Telecompaper Headlines

(Telecompaper) The US Federal Trade Commission has approved a fine of USD 5 billion on Facebook for violating the personal data privacy agreement it reached with the US government in 2011/2012, Reuters reported. The fine follows the Cambridge Analytica incident of 2018, when Facebook shared data belonging to 87 million of its users. The settlement would be the largest civil penalty ever paid to the agency, but a number of lawmakers said the penalty was not high enough. 

Tags: data report fine usd

Category: Telecommunications
 

Last week in media: AT&T provides details on HBO Max, Facebook makes a 'relief rally' and comScore sets a new YTD low

2019-07-15 07:00:00| Telecompaper Headlines

(Telecompaper) AT&T provided the market with some details on its upcoming streaming video service. Press reports broke the news of Facebook settling with the FTC on its privacy breach issue with Cambridge Analytica. Facebook investors were relieved, as the stock went up 4.3 percent. The internet platform majors were getting ready to be heard by US politicians next week. The political headwinds apparently have already been discounted, since the Alphabet stock was up 1.2 percent. ComScore lost another 13 percent, making it the worst performer in our index from a year-to-date perspective: -68 percent. Last week's winner was Prisa (+6.5%), followed by Twitter (+4.4%) and Facebook.

Tags: new media details low

Category: Telecommunications
 

Last week in telecoms: BT, Vodafone signalling business weakness and Macquarie wins the KCOM auction

2019-07-15 07:00:00| Telecompaper Headlines

(Telecompaper) BT, TIM and Vodafone warned their shareholders, last week, for business weakness, while KPN, Telekom Slovenije and Magyar Telekom conducted asset disposals. The KCOM auction ended with Macquarie winning the company. All in all, the Telecompaper Stock Index European Telecoms Services ended week 28 down 1.4 percent, as the EuroStoxx 50 index lost 0.9 percent.

Tags: the business week auction

Category: Telecommunications
 

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