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MNOs call on EU to rethink spectrum aspect of telecom reform

2017-07-17 08:49:00| Telecompaper Headlines

(Telecompaper) The CEOs of nine of the major mobile operators in Europe have expressed deep concern about the EU's plans to implement the spectrum policy part of the proposed European Electronic Communications Code. In an open letter co-signed by the chief executives of KPN, Telenor, Telecom Italia, Vodafone, Orange, Telefonica, Deutsche Telekom, Telia, Telekom Austria as well as industry group the GSMA, the operators emphasised the need for clear provisions addressing the predictability of future rights, above all minimum licence duration of 25 years coupled with a strong presumption of renewal.

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Category:Telecommunications

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Telenor raises EBITDA margin target after strong Q2 growth

2017-07-17 08:28:00| Telecompaper Headlines

(Telecompaper) Telenor reported a small net loss for the second quarter, of NOK 167 million versus a profit of NOK 1.111 billion a year ago. Adjusted EBITDA was still up 11.8 percent to NOK 12.719 billion, and the company raised its target for the full-year EBITDA margin. The margin in Q2 was up 4 percent points year-on-year to a record 40 percent, and Telenor expects a result of 38-39 percent over the full year, compared to a previous estimate of 37 percent.

Tags: strong growth target margin

Category: Telecommunications

 

 

Buffet, Malone eye investment in Sprint - report

2017-07-17 08:26:00| Telecompaper Headlines

(Telecompaper) Sprint is on a drive to raise money, with Masayoshi Son, the CEO of parent Softbank, meeting with Warren Buffet's Berkshire Hathaway and John Malone's Liberty Media in Sun Valley, Idaho, at an annual gathering of CEOs, the Wall Street Journal reported, citing sources familiar with the situation. Talks are at an early stage but sources are saying Berkshire could invest USD 10 billion in Sprint.

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Category: Telecommunications

 

 

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