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Singtel, TPG Telecom, StarHub-M1 bid for 5G spectrum in Singapore

2020-02-17 14:29:00| Telecompaper Headlines

(Telecompaper) Singapore's Infocomm Media Development Authority (IMDA) has announced that, at the close of the 5G Call for Proposal on 17 February, it had received a total of three submissions. These include one each from Singtel Mobile Singapore and TPG Telecom, and a joint-submission from StarHub Mobile and M1. IMDA said it is evaluating the submissions and expects to award the spectrum by mid-2020.

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Adamas: Nickel deployment in passenger EV batteries increased 39% in 2019

2020-02-15 11:55:35| Green Car Congress

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America Movil to invest USD 8.5 bln in 2020, launch 5G in H2 - CEO

2020-02-14 12:17:00| Telecompaper Headlines

(Telecompaper) America Movil has plans to spend another USD 8.5 billion on capital expenditures in 2020, similar to last year's investment, to continue expanding its fibre-optic infrastructure throughout Latin America and launch its first 5G networks, said the company's CEO Daniel Hajj, according to Reuters. In a call with investors following the publication of America Movil's full-year results, Hajj said 5G services will likely debut in Mexico this year and may arrive in Brazil as well, depending on the availability of spectrum.

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Veon names new CEOs after meeting FY targets, targets similar organic growth in 2020

2020-02-14 09:15:00| Telecompaper Headlines

(Telecompaper) Veon Group said it met or exceeded its targets for growth in organic revenue, EBITDA and cash flow for 2019 and declared a final dividend of 15 cents per share. The company also announced the new co-CEOs Sergi Herrero and Kaan Terzioglu. They will take over from 01 March from Ursula Burns, who will return to being chair of the group. 

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Cisco raises dividend as profits improve despite 4% fall in revenue

2020-02-13 08:32:00| Telecompaper Headlines

(Telecompaper) Cisco reported revenues for its fiscal second quarter to January down 4 percent year-on-year to USD 12.0 billion, in line with its outlook. The company forecast a further decline of 1.5-3.5 percent in the current quarter. Profits were still higher in Q2, and Cisco raised its quarterly dividend by 3 percent to USD 0.36 per share.

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