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NENT changes reporting structure from Q2 after Viasat Consumer spin-off, lifts Viaplay intake target

2020-06-26 09:42:00| Telecompaper Headlines

(Telecompaper) Nordic Entertainment Group (NENT) has announced changes to its financial reporting structure from the second quarter and has raised its Viaplay subscriber intake target for 2020 to 600,000.  It will report four net sales categories, namely Viaplay, Other Subscription, Advertising, Studios & Other. NENT added that all the remaining rights costs for the restarted football league seasons will be expensed in the second quarter.

Tags: structure target consumer reporting

Category: Telecommunications

NTT, NEC partner on optical, wireless products, NTT acquires NEC shares

2020-06-26 08:28:00| Telecompaper Headlines

(Telecompaper) NTT and NEC have agreed to form a capital and business alliance for the purpose of joint research and development and the global rollout of ICT products based on optical and wireless technologies. The Japanese companies aims to expand product sales by applying jointly developed technologies through this alliance.

Tags: products partner wireless shares

Category: Telecommunications

Tencent Video to acquire Southeast Asian streamer Iflix

2020-06-25 15:58:00| Telecompaper Headlines

(Telecompaper) Tencent has acquired Southeast Asian streaming video service Iflix, Variety reported. Tencent intends to further consolidate its regional streaming business in Asia with this acquisition. 

Tags: video asian acquire southeast

Category: Telecommunications

Telenor and Cisco expand cooperation, agree finance from Digital Alpha for Working Group Two

2020-06-25 09:46:00| Telecompaper Headlines

(Telecompaper) Telenor Group and Cisco have announced a joint purpose agreement (JPA) concerning activities such as security, 5G, Open vRAN, B2B expansion, distributed cloud, and extending Telenor's digital transformation to support flexible working. The JPA also covers more financing for their Working Group Two (WG2) joint venture to enable growth, global operations and new uses for 5G, IoT and private networks. WG2 has been added to the Cisco General Price List and will be part of DevNet.

Tags: two group working digital

Category: Telecommunications

Google adds auto-delete of personal data after 18 months for new users

2020-06-25 09:31:00| Telecompaper Headlines

(Telecompaper) Google is changing its personal data collection policy to wipe location, web and app activity by users automatically after 18 months. This follows the introduction of optional auto-delete controls last year. 

Tags: new data personal months

Category: Telecommunications

TIM sells Inwit stakes to Ardian and Canson for EUR 1.6 bln

2020-06-25 08:59:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) has announced the sale of direct and indirect stakes in mobile towers group Inwit to a consortium led by French private equity firm Ardian, confirming earlier reports. Under the deal, TIM said the Ardian consortium is acquiring 49 percent of a newly-formed holding company where it plans to transfer a 30.2 percent Inwit stake. TIM has also agreed to sell an up to 3 percent direct Inwit stake to a vehicle managed by Canson Capital Partners, meaning the operator will cash in a total of EUR 1.6 billion from the transactions.

Tags: eur tim sells stakes

Category: Telecommunications

Belgium telecom service revenues return to growth in Q1, led by broadband market

2020-06-25 08:00:00| Telecompaper Headlines

(Telecompaper) Telecompaper's quarterly Belgian Total Communications Market report shows growth came mainly from broadband and TV services, which posted revenues up over 4.5 percent year-on-year. This was supported by steady growth in broadband subscribers, which rose 2.8 percent year-on-year, and annual rate increases at the major operators. Fixed telephony revenues fell nearly 6 percent on a continued fall in connections.

Tags: service return market led

Category: Telecommunications

M1-StarHub, Singtel get 5G licences, name network suppliers

2020-06-25 06:28:00| Telecompaper Headlines

(Telecompaper) Singapore's Infocomm Media Development Authority (IMDA) has granted the consortium formed by M1 and StarHub, as well as Singtel, the final 5G network license awards, following the completion of the required regulatory processes. M1 reports it will start its 5G network rollout across Singapore. 

Tags: network suppliers licences singtel

Category: Telecommunications

Brazil tops demand for free access to essential online services during pandemic

2020-06-25 02:00:00| Total Telecom industry news

Mobile operators in emerging markets such as Brazil and South Africa are experiencing increased traffic and demand for free data as the coronavirus pandemic drives users online. That’s according to recent online search data from Upstream’s Zero-D, an ad-funded free mobile internet platform designed to keep users connected to the digital world even when they have run out of data. Demand for free access to essential online services is highest in Brazil, with searches for “internet gratis” (free internet) surpassed only by searches for “Facebook” in the data from March 2020 to May 2020…read more on TotalTele.com »

Tags: free online services access

Category: Telecommunications

UK & Welsh governments offer funding boost for rural broadband in Wales

2020-06-25 02:00:00| Total Telecom industry news

The UK’s Department for Digital, Culture, Media & Sport yesterday announced a collaboration with the Welsh government which could see over 50,000 rural homes and businesses in Wales become eligible from broadband upgrades.    From this week, residents and businesses will be able to access more funding as part of the UK Government&rsquo…read more on TotalTele.com »

Tags: in offer rural wales

Category: Telecommunications

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