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Vodafone promotes CFO Read to succeed Colao as CEO

2018-05-15 08:16:00| Telecompaper Headlines

(Telecompaper) Vodafone Group has announced CEO Vittorio Colao is stepping down from October and will be succeeded by CFO Nick Read. From the group's AGM in June already, Read will become CEO designate, while deputy CFO Margherita Della Valle will become group CFO and join the board of directors. Vodafone said the appointments followed an internal and external search for candidates. 

Tags: read ceo succeed vodafone

Category: Telecommunications
 

Openreach begins consultation period on digital voice services

2018-05-15 02:00:00| Total Telecom industry news

  Openreach has begun a consultation process with its Communication Provider customers, over the digitalisation of voice services. The consultation will pave the way for the rollout of Voice over IP services…read more on TotalTele.com »

Tags: services digital period voice

Category: Telecommunications
 

Openreach begins consultation on digitised voice services

2018-05-15 02:00:00| Total Telecom industry news

Openreach has begun a consultation process with its Communication Provider customers, over the digitalisation of voice services. The consultation will pave the way for the rollout of Voice over IP services…read more on TotalTele.com »

Tags: services voice begins consultation

Category: Telecommunications
 

BT and EE aim for 5G in 2019

2018-05-15 02:00:00| Total Telecom industry news

BT has said that it will aim to launch 5G before the end of 2019, through its mobile subsidiary EE.  "We will look to have a commercial 5G product launched in the next 18 months…read more on TotalTele.com »

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Category: Telecommunications
 

Qatar and the UAE face off over world's first "5G" network deployment

2018-05-15 02:00:00| Total Telecom industry news

Qatar Qatari network operator, Ooredoo, claims to have launched the world's first 5G network in the 3.5GHz spectrum band.  The network covers parts of downtown Doha, with plans for it to be rolled out across the rest of the Qatari capital in due course.   “Today, Ooredoo and Qatar make history…read more on TotalTele.com »

Tags: network face qatar worlds

Category: Telecommunications
 

Vittorio Colao to leave Vodafone after a decade at the helm

2018-05-15 02:00:00| Total Telecom industry news

Vittorio Colao is to step aside as Vodafone's chief executive in October 2018, following an announcement by Vodafone's board. Colao will be replaced by Vodafone's current chief financial officer, Nick Read. Colao has presided over an immensely successful period for Vodafone, during which time he helped to transform the company from being a narrowly focused mobile network operator…read more on TotalTele.com »

Tags: the leave decade vodafone

Category: Telecommunications
 

Tele2, Telia plan shutdown of 3G network in Sweden

2018-05-14 10:08:00| Telecompaper Headlines

(Telecompaper) Tele2 and Telia said they agreed to accelerate the transition from 3G to 4G by gradually phasing out the 3G network in their Swedish network joint venture Sunab. At present, the 3G network has over 6,000 base stations, and these will gradually be phased out or reused in other network expansions, which will result in cost and energy savings.

Tags: plan network sweden shutdown

Category: Telecommunications
 

Telstra warns for 'challenging' times ahead, FY EBITDA at low end of guidance

2018-05-14 10:07:00| Telecompaper Headlines

(Telecompaper) Australian operator Telstra has provided an update on trading for its fiscal year to June based on its results in the period to April. The operator re-affirmed its guidance, but said EBITDA is expected to be at the bottom end of the range and free cash flow is expected to be at the top end to moderately above.

Tags: of end times low

Category: Telecommunications
 

Veon organic revenues rise but net loss widens in Q1

2018-05-14 09:12:00| Telecompaper Headlines

(Telecompaper) Total revenues dipped 1.4 percent lower from the year before to USD 2.250 billion, hurt by the devaluation of the Uzbek and Pakistani currencies. Organically, revenues lifted 3.2 percent, driven by operations in Russia, Pakistan, Ukraine and Uzbekistan, partially offset by continued weakness in Algeria and Bangladesh. Revenues from mobile data meanwhile jumped almost 16 percent to USD 505 million. Total mobile customer numbers, excluding the company's Italian joint venture, advanced 1.8 percent year-on-year to 210 million.

Tags: net loss rise organic

Category: Telecommunications
 

Vodacom Group FY revenue grows 6.3% to ZAR 86.4 bln

2018-05-14 08:44:00| Telecompaper Headlines

(Telecompaper) Vodacom Group's revenue grew 6.3 percent to ZAR 86.4 billion in the year ended 31 March, while normalised growth, excluding currency translation effects, was 7.8 percent. Group service revenue increased 3.4 percent to ZAR 70.6 billion and was up 5.1 percent on an adjusted basis. Net profit rose 18.6 percent to ZAR 15.56 billion, boosted by the Safaricom acquisition and a profit from the sale of Helios Towers Tanzania.

Tags: group revenue grows zar

Category: Telecommunications
 

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