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Former Wind chief Gubitosi named new Telecom Italia CEO

2018-11-19 08:35:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) announced that its board of directors appointed Luigi Gubitosi as chief executive in a meeting held a few days after Amos Genish was relieved of his duties. However, Genish, who remains on TIM's board, immediately announced that he's seeking investor support to call an extraordinary shareholder meeting to contest changes in the company's direction.

Tags: chief italia named wind


Last week in telecoms: regulation, Italy, BT and Telenet in focus

2018-11-19 07:00:00| Telecompaper Headlines

(Telecompaper) Last week, the European telecoms sector managed to outperform the broader market. The Telecompaper sector index ended the week up 0.7 percent, versus 1.5 percent loss for the EuroStoxx 50 index. Vodafone and Deutsche Telekom, our index's heaviest contributors, ended the week with gains of 6.6 and 3.0 percent, respectively. Two microcaps delivered the best results: Tiscali (+20%) and Forthnet (+9.8%). Gamma Communications, without significant news, lost 12 percent, erasing much of this year's gain.

Tags: in week focus italy


German regulator approves 5G auction plan with increased coverage, roaming obligations

2018-11-16 11:21:00| Telecompaper Headlines

(Telecompaper) Germany's Federal Network Agency has published its final plan for the 5G spectrum auction scheduled for spring 2019. Following political pressure, the regulator expanded the coverage requirements for licence holders and introduced an obligation for operators to negotiate on roaming and infrastructure and spectrum sharing as a means of improving mobile coverage in rural areas. 

Tags: plan increased german coverage


FCC approves LEO satellite broadband plans for SpaceX, Telesat, LeoSat, Kepler

2018-11-16 10:34:00| Telecompaper Headlines

(Telecompaper) The Federal Communications Commission has approved the launch of new satellites by four companies looking to provide broadband servicesi n the US and worldwide. The companies are Space Exploration Holdings (SpaceX), Kepler Communications, Telesat Canada and LeoSat. 

Tags: plans satellite leo broadband


Vivendi posts 5.6% organic revenue growth in Q3, moves ahead with Universal Music stake sale

2018-11-16 10:23:00| Telecompaper Headlines

(Telecompaper) Vivendi reported group revenues of EUR 3.38 billion for the third quarter, representing an organic growth rate of 5.6 percent year-on-year. Universal Music remained the group's leading revenue-generating business, with sales worth EUR 1.50 billion, and the best performing division, posting an organic growth rate of 13.5 percent.

Tags: music sale posts growth


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