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Ice Group Q1 revenues rise as smartphone customers grow, net loss shrinks by 13%

2019-05-24 12:38:00| Telecompaper Headlines

(Telecompaper) Ice Group has reported that total operating revenue in the first quarter of 2019 rose to NOK 457 million from NOK 381 million in the corresponding quarter last year. Total service revenues grew by 4 percent to NOK 375 million from NOK 361 million. Smartphone service revenues climbed by 12 percent to NOK 288 million from NOK 258 million in the same quarter last year.


SpaceX launches first 60 Starlink satellites for internet services

2019-05-24 10:36:00| Telecompaper Headlines

(Telecompaper) Approximately one hour and two minutes after liftoff, the Starlink satellites were deployed at an altitude of 440km. They then used onboard propulsion to reach an operational altitude of 550km.


Facebook removes over 2 billion fake accounts in Q1

2019-05-24 09:10:00| Telecompaper Headlines

(Telecompaper) Facebook reported a sharp increase in fake accounts on the social network in the first quarter of 2019 and last quarter of 2018. In its latest report on standards enforcement, the company said automated, scripted attacks have resulted in more of these accounts making it past initial detection. It estimates in total around 5 percent of its monthly active users were fake accounts. 


EQT acquires Maltese operator Melita

2019-05-23 13:49:00| Telecompaper Headlines

(Telecompaper) EQT Infrastructure IV said it signed an agreement to acquire Malta operator Melita from private equity firms Apax Partners and Fortino Capital. Melita will continue to operate under the leadership of CEO Harald Rosch, a longstanding industrial advisor to EQT. 


Salt posts good Q1 results in core brand but revenues fall 1.2 percent after end to Coop, UPC cooperation

2019-05-23 11:10:00| Telecompaper Headlines

(Telecompaper) Swiss operator Salt has posted Q1 total revenue excluding MTR of CHF 230.2 million, which is down by 1.2 percent year-on-year, but up 1.8 percent year-on-year excluding the Coop and UPC Switzerland.


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