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2021 predictions: Can the telecoms sector dare to dream of a world beyond Covid?
2020-12-16 01:00:00| Total Telecom industry news
As the year draws to a close, it is something of a tradition for the telecoms industry to speculate about what to expect from the coming year. Looking back at 2020, none of the predictions for December 2019 could possibly have predicted the enormous upheaval that we have all experienced just a few months later in the form of the coronavirus pandemic. Now, with a vaccine finally becoming available, will 2021 see a return to normality? What are some safe bets for the telecoms industry after such an unruly year? Here are three key areas in which we expect to see significant movement in 2021. Infrastructure deployment remains the priority It should come as no surprise that building out infrastructure is going to be at the top of the operators&rsquo…read more on TotalTele.com »
$43 billion: The pandemics impact on the telecoms sector
2020-12-01 01:00:00| Total Telecom industry news
With connectivity needed more than ever during the pandemic, you would be forgiven for thinking that this time of crisis could have been a major opportunity for telecoms companies. But the reality of the situation is much more bleak; revenue from numerous streams like roaming, pre-paid, and voice have all sunk, with everyone forced to stay at home for most of the year. This year’s annual forecast from research firm Analysys Mason suggests that the industry will see a $43 billion fall this year when compared to 2019&rsquo…read more on TotalTele.com »
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SK Telecom's Q3 profit jumps more than 44% on equity gains from SK Hynix unit
2020-11-05 07:23:00| Telecompaper Headlines
(Telecompaper) South Korean operator SK Telecom posted revenue of KRW 4.73 trillion for the third quarter of 2020, which represents an increase of 3.7 percent year-on-year. Operating income reached KRW 361.5 billion, growing by 19.7 percent in the period. Growth was mainly boosted by improved performance of SK Telecom's mobile communication business and steep growth of its new businesses, the company said. Net income jumped 44.2 percent year-on-year, boosted by increased equity method gains from SK Hynix.
Ethiopia's new telecoms entrants soon to be named
2020-11-04 01:00:00| Total Telecom industry news
Ethiopia’s telecoms monopoly is finally coming to its end, with the Prime Minister Abiy Ahmed targetting February 2021 for the final steps of opening the national telecoms market to the world Ahmed, who became PM in 2018, has long been driving for market liberalisation…read more on TotalTele.com »
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UK and India sign MoU on telecoms cooperation
2020-11-04 01:00:00| Total Telecom industry news
The UK and India may soon be joining forces when it comes to the telecoms sector, following the signing of a Memorandum of Understanding (MoU) on the topic from both countries’ respective governments. The deal outlines the framework for major cooperation between the two nations, leaving the door open for more specific partnerships to develop post…read more on TotalTele.com »
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