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Qatar Foundation offloads Bharti Airtel stake

2017-11-09 01:00:00| Total Telecom industry news

The Qatar Foundation sold its 5% stake in Bharti Airtel on Wednesday, raising around 95 billion rupees (€1.26 billion). In a stock exchange filing, Qatar Foundation affiliate Three Pillars offloaded 199.87 million shares in the Indian operator on the open market…read more on TotalTele.com »

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Category: Telecommunications

AT&T says Time Warner deal closing 'uncertain' amid DoJ talks

2017-11-08 16:57:00| Telecompaper Headlines

(Telecompaper) AT&T has pledged to invest an extra USD 1 billion in the US next year if Congress approves the corporate tax reforms proposed by the Trump administration. These would notably reduce the corporate tax rate to 20 percent from 35 percent and allow accelerated depreciation of investments over the next five years. 

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Category: Telecommunications

Ericsson scales back financial targets on RAN market slump

2017-11-08 15:13:00| Telecompaper Headlines

(Telecompaper) Ericsson has scaled back its financial targets as the contraction in the mobile network market is not expected to relent until 2020 when 5G sales start. At its Capital Markets Day, the company said it will focus on profitability over growth in the near term.

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Category: Telecommunications

Belgium Mobile Operators 2017 Q3- excel

2017-11-08 15:06:00| Telecompaper Reports

This EXCEL sheet summarizes all important available KPIs from all mobile network operators in the Belgian market. MNOs covered are Proximus, Orange Belgium (Mobistar) and Telenet/Base; KPIs shown include mobile customer numbers, mobile service revenues and ARPUs providing splits by postpaid/ prepaid but also voice en non-voice each by individual operator. Period covered from Q4 2006 up to Q3 2017.

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Category: Telecommunications

Eniig opens up network to YouSee, TDC Business services from 2018

2017-11-08 12:10:00| Telecompaper Headlines

(Telecompaper) Regional utility and broadband supplier Eniig said it has signed an agreement enabling TDC Group to offer YouSee and TDC Business products through the Eniig fibre network from 2018. Eniig said this is the first such access deal in Denmark, after it announced in summer that it planned to open up its grid to external service providers. So far, Eniig has only provided services from Waoo, the fibre association of which Eniig is a member.

Tags: services business network opens

Category: Telecommunications

Snap plans app relaunch as growth slows, losses widen in Q3

2017-11-08 08:39:00| Telecompaper Headlines

(Telecompaper) Snap, the maker of the Snapchat app, saw its losses grow and revenue and user growth slow in the third quarter. The company reported a net loss of USD 443 million, more than triple the loss of USD 124 million a year ago. Revenues rose 62 percent to USD 208 million, after more than doubling year-on-year in the previous quarter.

Tags: plans growth losses app

Category: Telecommunications

GCX unveils plans for new subsea cable

2017-11-08 01:00:00| Total Telecom industry news

Global Cloud Xchange (GCX) has revealed plans for a high-speed subsea cable network, linking key business hubs in Asia, the Middle East and Europe. The EAGLE submarine cable network will stretch from Italy to Hong Kong, via a central hub in Mumbai, India. EAGLE will provide 16,650 km of 100G cabling…read more on TotalTele.com »

Tags: plans cable unveils subsea

Category: Telecommunications

Ericsson to miss operating margin target

2017-11-08 01:00:00| Total Telecom industry news

Ericsson on Wednesday revealed that it does not expect to hit its sustainable operating margin target of 12% by 2018. The Swedish kit maker said at its capital markets day that it does not expect to meet that goal until some point after 2020. "We have plans in place for all segments that combined sum up to an operating margin of between 10&ndash…read more on TotalTele.com »

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Category: Telecommunications

Swisscom taps Ericsson for Gigabit LTE, 5G

2017-11-08 01:00:00| Total Telecom industry news

Swisscom on Wednesday struck a deal with Ericsson in a bid to reach nationwide Gigabit LTE coverage next year, with a view to upgrading the network to 5G in 2020. Under the agreement, Ericsson will supply radio access equipment, including small cells and massive multiple…read more on TotalTele.com »

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Category: Telecommunications

Spark snaps up B2B telco Digital Island

2017-11-08 01:00:00| Total Telecom industry news

Spark New Zealand on Wednesday agreed to acquire business telco Digital Island. The incumbent, which has supplied various wholesale services to Auckland-based Digital Island for more than 10 years…read more on TotalTele.com »

Tags: digital island b2b spark

Category: Telecommunications

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