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Openreach formally launches full fibre consultation

2017-07-18 02:00:00| Total Telecom industry news

Openreach late on Monday launched its highly-anticipated consultation that aims to gauge demand for so-called full fibre networks. The consultation, which was discussed at Connected Britain last month, will inform the BT-owned infrastructure provider's strategy when it comes to FTTP…read more on TotalTele.com »

Tags: full consultation formally launches

Category: Telecommunications
 

Ericsson seeks further savings after dismal Q2

2017-07-18 02:00:00| Total Telecom industry news

Ericsson on Tuesday pledged to make further cost reductions and warned that it expects the mobile equipment market to contract more than expected this year. The gloomy forecast was issued alongside a sorry set of financials that saw the Swedish kit maker swing to a second quarter net loss…read more on TotalTele.com »

Tags: savings ericsson seeks q2

Category: Telecommunications
 

#Sandvine accepts CAD 562 mln bid from #Francisco, #Procera

2017-07-17 18:06:00| Telecompaper Headlines

(Telecompaper) Sandvine said it has terminated its agreement with Scalar, which made an offer for the company at CAD 4.15, and cut a new deal with Procera and PNI Acquireco, which will together pay CAD 4.40 per share. The price values Sandvine at CAD 562 million and represents a 40 percent premium to Sandvine's closing price on 26 May, before bidding started for the company. Sandvine will be combined with Procera, and led by Procera CEO Lyndon Cantor, together with Procera CFO Richard Deggs. The new company will retain the Sandvine name; it will serve over 400 communications service provider customers, with over 1 billion subscribers in more than 100 countries, as well as over 500 enterprise customers and more than 100 OEM and channel partners.

Tags: francisco bid accepts cad

Category: Telecommunications
 

TIM to convert San Marino into 'first 5G state in Europe'

2017-07-17 16:14:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) has announced the details of an agreement with the Republic of San Marino to convert the micro-state into the first nation in Europe have a 5G mobile network, confirming earlier reports. Under the terms of the MoU, the operator will start to update the mobile sites of its San Marino network with 4.5G technology this year, introducing 5G features such as evolved mast towers (MIMO 4x4), carrier aggregation, superior modulation and cloud architecture, as well as installing dozens of small cells in the main streets and piazzas of the Unesco world heritage site. TIM will then begin testing 5G technologies and services ahead of a commercial launch of the network throughout the micro-state by the end of 2018.

Tags: in state san europe

Category: Telecommunications
 

MNOs call on EU to rethink spectrum aspect of telecom reform

2017-07-17 08:49:00| Telecompaper Headlines

(Telecompaper) The CEOs of nine of the major mobile operators in Europe have expressed deep concern about the EU's plans to implement the spectrum policy part of the proposed European Electronic Communications Code. In an open letter co-signed by the chief executives of KPN, Telenor, Telecom Italia, Vodafone, Orange, Telefonica, Deutsche Telekom, Telia, Telekom Austria as well as industry group the GSMA, the operators emphasised the need for clear provisions addressing the predictability of future rights, above all minimum licence duration of 25 years coupled with a strong presumption of renewal.

Tags: call aspect reform telecom

Category: Telecommunications
 

Telenor raises EBITDA margin target after strong Q2 growth

2017-07-17 08:28:00| Telecompaper Headlines

(Telecompaper) Telenor reported a small net loss for the second quarter, of NOK 167 million versus a profit of NOK 1.111 billion a year ago. Adjusted EBITDA was still up 11.8 percent to NOK 12.719 billion, and the company raised its target for the full-year EBITDA margin. The margin in Q2 was up 4 percent points year-on-year to a record 40 percent, and Telenor expects a result of 38-39 percent over the full year, compared to a previous estimate of 37 percent.

Tags: strong growth target margin

Category: Telecommunications
 

Buffet, Malone eye investment in Sprint - report

2017-07-17 08:26:00| Telecompaper Headlines

(Telecompaper) Sprint is on a drive to raise money, with Masayoshi Son, the CEO of parent Softbank, meeting with Warren Buffet's Berkshire Hathaway and John Malone's Liberty Media in Sun Valley, Idaho, at an annual gathering of CEOs, the Wall Street Journal reported, citing sources familiar with the situation. Talks are at an early stage but sources are saying Berkshire could invest USD 10 billion in Sprint.

Tags: report eye investment sprint

Category: Telecommunications
 

Telenor ups guidance after strong Q2

2017-07-17 02:00:00| Total Telecom industry news

Telenor on Monday raised its full-year guidance after reporting strong earnings growth during the second quarter. The Norwegian incumbent attributed the performance to a reduction in costs resulting from its simplification programme and revenue growth driven by its Bangladeshi unit…read more on TotalTele.com »

Tags: strong ups guidance q2

Category: Telecommunications
 

Telia issues Q2 profit warning on Uzbekistan writedown

2017-07-17 02:00:00| Total Telecom industry news

Telia has warned that second quarter earnings will take a hit mostly due to a writedown in Uzbekistan. The Sweden-based telco has slashed the risk-adjusted, debt-free value of its Ucell unit to SEK1…read more on TotalTele.com »

Tags: issues profit warning uzbekistan

Category: Telecommunications
 

EU telcos ramp up spectrum lobbying

2017-07-17 02:00:00| Total Telecom industry news

Europe's biggest telcos on Monday continued to pressure the European Union to implement investment-friendly spectrum policies. Telecoms is on the agenda of an informal meeting of EU ministers taking place in Tallinn, Estonia today and tomorrow. Never one to miss an opportunity for some lobbying, the GSMA issued an open letter signed by the CEOs of several big players…read more on TotalTele.com »

Tags: spectrum ramp lobbying telcos

Category: Telecommunications
 

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