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China Mobile 9-month profit grows 4.6% as data traffic doubles

2017-10-20 14:25:00| Telecompaper Headlines

(Telecompaper) China Mobile saw its operating revenue reach CNY 569.5 billion for the first nine months of 2017, which represents an increase of 4.9 percent year-on-year. Revenue from telecommunications services amounted to CNY 515.3 billion, up 7.1 percent compared to the year-earlier period. EBITDA stood at CNY 211.3 billion, up 5.5 percent year-on-year, while profit rose 4.6 percent to CNY 92.1 billion for the 9-month period.

Tags: data china mobile traffic

 

Oman creates third mobile operator

2017-10-20 02:00:00| Total Telecom industry news

The government of Oman has cancelled a long-running tender process to license a third mobile operator in the country and has instead awarded the concession to a consortium of local investment funds. Oman's transport and communications ministry instructed the Telecom Regulatory Authority to cancel the tender process…read more on TotalTele.com »

Tags: mobile operator creates oman

 
 

Mobile companies overcharging customers after contracts end

2017-10-20 01:03:47| BBC News | Business | UK Edition

The UK government said the firms needed to inform customers when they had paid for their handsets.

Tags: end mobile companies customers

 

Verizon maintains growth in mobile market with 603,000 postpaid adds in Q3

2017-10-19 15:00:00| Telecompaper Headlines

(Telecompaper) Verizon maintained its momentum in the mobile market in the second quarter, with a net 603,000 retail postpaid subscribers added. However, the US operator's underlying revenues were lower, as it lost customers in fixed broadband and TV and mobile ARPU fell following the introduction of unlimited plans. 

Tags: market mobile growth adds

 

Oman awards third mobile licence to local consortium, cancels tender

2017-10-19 10:53:00| Telecompaper Headlines

(Telecompaper) Oman has cancelled the tender for the country's third mobile licence after deciding to award a licence to a consortium of local investment funds and an international operator. The ministry of transport and communications said the decision is designed to enhance the role of the investment funds and enable them to contribute to the growth of the national economy. 

Tags: local mobile awards oman

 

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