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BT increases fibre roll-out targets, retains dividend, as full-year revenue falls 1%

2019-05-09 11:05:00| Telecompaper Headlines

(Telecompaper) BT Group has announced reported revenue of GBP 23.43 billion for the year to 31 March, down 1 percent from a year earlier, with adjusted revenue down 1 percent to GBP 23.46 billion. The company decided to hold the dividend for 2018/2019 unchanged at 15.4p per share, leading to a final dividend of 10.78p per share. 

Tags: falls increases revenue targets

 

Private equity duo secure $14.3bn deal to buy fibre giant Zayo

2019-05-09 02:00:00| Total Telecom industry news

A pair of US based private equity firms have secured a deal to take control of one of the world's biggest fibre network owners, Zayo Group. The deal would see Digital Colony Partners and the EQT Infrastructure IV fund assume 100 per cent control of Zayo Group…read more on TotalTele.com »

Tags: buy private deal secure

 
 

Spinnova secures support to turn agro waste into fibre

2019-05-08 12:15:00| Daily apparel & textile news and comment - from just-style.com

Finnish sustainable fibre company Spinnova is teaming up with local clean-energy firm Fortum to continue building its bio-based ecosystem for converting agricultural waste such as straw into textiles - potentially disrupting the use of natural cellulosics such as cotton.

Tags: support turn waste fibre

 

Telefonica to test 5G FWA as alternative to fibre in Vigo

2019-05-06 10:33:00| Telecompaper Headlines

(Telecompaper) Telefonica will be testing the viability of using 5G fixed wireless access technology as an alternative to fibre as part of its recently-announced 5G pilot projects in Galicia, reports ADSL Zone. The tests will be conducted in underserved rural areas of the Vigo province with a view to expanding the company's network and reducing the digital divide. Telefonica already offers convergent packages including TV and 20Mbps broadband access via 3G and 4G networks but will be using the 3.5 and 26GHz bands to bring its Movistar Fusion Radio service to remote parts of Vigo during the trials, said the report.

Tags: in test alternative fibre

 

Last week in telecoms: earnings season, fibre and 5G investments, ongoing commercial actions in Italy, and some minor M&A

2019-05-06 07:01:00| Telecompaper Headlines

(Telecompaper) Apart from some minor M&A, last week's news mainly related to first quarter earnings reports. The Telecompaper Stock Index European Telecoms Services was down 0.4 percent for the week, versus a 0.1 percent gain for the EuroStoxx 50 index. Altice Europe (+8.9%) was the winner and Gamma Communications (-4.9%) gave up some of the gains of recent weeks. Both are doing fine in the year-to-date perspective, with gains of 69 and 46 percent, respectively.

Tags: some ma week commercial

 

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