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Italy submits EUR 7 bln broadband plan to EC for approval

2015-06-10 09:23:00| Telecompaper Headlines

(Telecompaper) The Italian government has submitted its EUR 7 billion plan of incentives for a national high-speed fibre network to the European Community for approval, reports Il Sole 24 Ore. An Italian government delegation led by deputy general secretary Raffele Tiscar met EC antitrust representatives to discuss the proposed package of measures to boost top broadband speeds from 30 Mbps to 100 Mbps. Drafts of the document include measures such as a voucher scheme for users who migrate to 100 Mbps broadband and the opening up of the gas and electricity grids of Italian utility companies such as Enel to accelerate the rollout of fibre-optic cables.

Tags: for plan eur italy

 

KPN to invest EUR 35 mln in start-ups

2015-06-08 10:01:00| Telecompaper Headlines

(Telecompaper) KPN will be investing EUR 35 million in KPN Ventures, an investment fund aimed at "outside-in" innovation and designed to increase KPN's involvement in start-ups. KPN wants to accelerate network and product innovation. The company noted that both technology and customer behaviour are changing fast, making it necessary to cooperate with flexible and innovative players. KPN is developing its own Wi-Fi network, and working on machine-to-machine communication in the license-free 868 MHz frequenties. To this goal, the company launched the LoRa industrial group earlier this year.Vodafone Netherlands is also investing in start-ups, but on a more modest scale.

Tags: eur invest mln kpn

 
 

Altice shareholders approve EUR 1 bln share buyback plan

2015-06-02 09:50:00| Telecompaper Headlines

(Telecompaper) French telecom group Altice's shareholders have approved a EUR 1 billion share buyback programme for the next 3 years. Over 83 percent of the company's share capital was present or represented at the annual general meeting on 1 June where the financial statements for 2014 were approved. 

Tags: plan share eur approve

 

German spectrum bids top EUR 2 bln

2015-06-01 14:56:00| Telecompaper Headlines

(Telecompaper) The Federal Network Agency announced that Telekom Deutschland, Vodafone Germany and Telefonica Deutschland's bids have surpassed EUR 2 billion in the current spectrum auction. At the beginning of the auction on 27 May the bids were at EUR 1.28 billion. At the last frequency auction five years ago, Telekom, Vodafone, E-Plus and Telefonica bid in total EUR 4.4 billion. 

Tags: top eur german spectrum

 

Dutch mobile services market falls to EUR 1.2 bln in Q1

2015-05-31 23:16:00| Telecompaper Headlines

(Telecompaper) The Dutch mobile services market fell in the first quarter to EUR 1.17 billion in revenues, down 4 percent from the year before, according to Telecompaper's latest Dutch Mobile Operators report. Compared to the fourth quarter, revenues fell 5.5 percent. Only Vodafone Netherlands was able to achieve growth in sales and market share. But although the market for mobile services is still shrinking, the decline is slowing. In Q1 2014, the decrease amounted to 10.7 percent from the year before. The impact of regulation on Q1 of this year was less and data services generated more revenue growth. Revenues from voice services fell in Q1 of this year by 9.7 percent from the year earlier. Although revenue from data services grew, they were not able to completely offset the double-digit fall of revenues from SMS services, with total non-voice revenue rising only 3 percent. The market share of non-voice among total mobile services lifted to 48 percent.

Tags: services market mobile eur

 

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