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US govt orders investigation into France's planned digital services tax

2019-07-11 09:33:00| Telecompaper Headlines

(Telecompaper) The US government has expressed concern about the 3 percent digital services tax proposed by France, Reuters reported. Draft legislation on the tax passed France's lower house of parliament in April and is set to pass the Senate on 11 July. US President Donald Trump has now ordered an investigation into the planned tax. "The US is very concerned that the digital services tax which is expected to pass the French Senate tomorrow unfairly targets American companies," US Trade Representative Robert Lighthizer said in a statement announcing the investigation. Lighthizer said Trump "has directed that we investigate the effects of this legislation and determine whether it is discriminatory or unreasonable and burdens or restricts United States commerce."

Tags: services digital orders tax


FCC votes to open up 2.5 GHz band for 5G services

2019-07-11 09:07:00| Telecompaper Headlines

(Telecompaper) The US Federal Communications Commission has voted 3-2 to open up spectrum in the 2.5 GHz band for 5G use and finalised procedures for the forthcoming December auction of spectrum in the upper 37 GHz, 39 GHz and 47 GHz bands. In a statement, the FCC said much of the 2.5 GHz band spectrum (2496-2690 MHz) has been underutilised for many years, having been reserved in the 1960s for the so-called Educational Broadband Service.

Tags: services open band votes


Kenyan regulators oppose parliamentary attempts to split mobile money from telecoms services

2019-07-11 09:00:00| Telecompaper Headlines

(Telecompaper) Kenya's communication and financial sector regulators have warned against parliament's quest to split mobile money transfer services off from telecoms operators, Business Daily reported. The Ministry of ICT, Central Bank of Kenya (CBK) and Communications Authority of Kenya (CA) on 10 July asked lawmakers to be cautious in their effort to de-link  services such as M-Pesa, Airtel Money and T-Kash from their parent mobile telecommunication firms. 

Tags: services money mobile split


Vivacom goes on sale, could be worth about EUR 1.2 billion - report

2019-07-10 13:57:00| Telecompaper Headlines

(Telecompaper) Bulgarian telecoms operator Vivacom has been put up for sale with Lazards appointed as broker, according to a report on the Financial Times website. A source told the FT that Vivacom could be worth about EUR 1.2 billion. Spas Roussev, who owns 46 percent of VivaCom, confirmed that it is for sale, it added.

Tags: report sale eur worth


US commerce secretary confirms sales to Huawei allowed with licence

2019-07-10 09:05:00| Telecompaper Headlines

(Telecompaper) The US said it would grant licenses to American companies that want to sell products to Huawei as long as the sales wouldn't put national security at risk, the Wall Street Journal reports. The announcement was made by Commerce Secretary Wilbur Ross, expanding on a pledge made last month by President Donald Trump to Chinese President Xi Jinping.

Tags: with sales allowed commerce


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