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France announces rules for 5G spectrum auction

2019-07-16 10:34:00| Telecompaper Headlines

(Telecompaper) French regulator Arcep has started consulting on a draft procedure setting out the rules for the forthcoming 5G auction of 3.4-3.8 GHz spectrum. The public consultation, which will run until 04 September, will enable Arcep to finalise the terms of the award, ahead of the auction in the autumn. Meanwhile, the government will receive separate advice by the end of September on the reserve price for the available frequencies. The procedure will enable the country's four network operators to acquire up to 310 MHz of spectrum from 2020, under 15-year licences with a possible 5-year extension.

Tags: france rules auction spectrum


Telenor lowers FY outlook to flat revenues on tough Asian markets

2019-07-16 09:04:00| Telecompaper Headlines

(Telecompaper) Telenor has lowered its full year outlook to flat underlying revenues and a small decline in EBITDA, due to weaker results at its Asian activities. Nevertheless, the company said its strategy was on track, with an EBITDA margin of nearly 40 percent in Q2 and progress in accelerating revenues and reducing costs. 

Tags: flat markets asian outlook


Qualcomm unveils Snapdragon 855 Plus, with more speed and more power

2019-07-16 09:01:00| Telecompaper Headlines

(Telecompaper) Qualcomm has unveiled its latest Snapdragon 855 Plus chipset, a faster follow up to the company's flagship Snapdragon 855. The new plaform aimed at giving a strong 5G, gaming, AI and XR experience sports a Kryo 485 CPU that runs at top clock speeds of up to 2.96 GHz. Qualcomm's Adreno 640 GPU provides a performance improvement of 15 percent, the company said. 

Tags: more power speed unveils


US FTC approves USD 5 bln fine for Facebook data violation - report

2019-07-15 08:52:00| Telecompaper Headlines

(Telecompaper) The US Federal Trade Commission has approved a fine of USD 5 billion on Facebook for violating the personal data privacy agreement it reached with the US government in 2011/2012, Reuters reported. The fine follows the Cambridge Analytica incident of 2018, when Facebook shared data belonging to 87 million of its users. The settlement would be the largest civil penalty ever paid to the agency, but a number of lawmakers said the penalty was not high enough. 

Tags: data report fine usd


Last week in telecoms: BT, Vodafone signalling business weakness and Macquarie wins the KCOM auction

2019-07-15 07:00:00| Telecompaper Headlines

(Telecompaper) BT, TIM and Vodafone warned their shareholders, last week, for business weakness, while KPN, Telekom Slovenije and Magyar Telekom conducted asset disposals. The KCOM auction ended with Macquarie winning the company. All in all, the Telecompaper Stock Index European Telecoms Services ended week 28 down 1.4 percent, as the EuroStoxx 50 index lost 0.9 percent.

Tags: the business week auction


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