India’s Reliance Industries is said to be lining up potential investors to finance its ambition to acquire Deutsche Telekom’s mobile business in The Netherlands, a deal that could cost the Jio parent company $5.7 billion.
Vodafone Idea has turned in another disappointing set of quarterly results but, despite once again expressing doubts about its ability to continue operations, has blamed the Covid-19 pandemic for its weak performance.
Also in today’s EMEA regional round-up: Inmarsat accelerates the L-band; Finnfund boosts connectivity in Africa; it’s time we took a ‘woliday’.
Also in today’s EMEA regional round-up: Eir plans gigabit expansion in Ireland; MTN enjoys mixed H1; Nokia in smart grid trials.
An Italian newspaper reported the two telco giants reached an out-of-court agreement to settle all disputes running back to 2012.
Operating loss incurred at Japan’s challenger operator increased by 85% in Q2 to reach $900 million, which the company attributed to aggressive investment in network rollout and rising roaming cost.
Also in today’s EMEA regional round-up: Nokia lands core gig at United Group; Arm sees sales soar; Community Fibre takes majority stake in Box Broadband.
Germain Lamonde, who founded Canada’s communications-sector test, monitoring, and analytics equipment maker Exfo and is its majority shareholder, has boosted his offer to take the company private.
Huawei has had its biggest-ever dip in revenue, from two years into Washington’s sanctions which battered both its network infrastructure and smartphone sales and the company’s crucial access to semiconductors.
Also in today’s EMEA regional round-up: Paramount+ streaming service heading for Sky platforms; Saudi Telecom Company’s Q2 impresses; Virgin Media slide-tackles BT and Sky over TV soccer coverage.
When T-Mobile US published its Q2 results last week it once again talked up the progress it is making in integrating Sprint and upgraded its merger synergies guidance for the second consecutive quarter. But it didn’t think to mention its plans for closing down Sprint’s LTE network next summer; it took the eagle eyes of LightReading to notice it had sneaked that piece of information onto its Website.
Also in today’s EMEA regional round-up: Swisscom on a roll in H1; Brits watching even more telly in lockdown; UK operators get to grips with 5G.
Revenue at the UK-based operator increased 5% in the first six months of the year, but prepaid customer growth and roaming remain areas of concern.
Indian billionaire Kumar Mangalam Birla has stepped down as non-executive chairman of Vodafone Idea sending the troubled telco’s shares into freefall as rumours that its main shareholders are prepared to give away their stakes for free continue to swirl.
Also in today’s EMEA regional round-up: MTN warns of H1 earnings fall; Orange combines with SSE Networks for improved maritime connectivity; Brussels looks into latest Facebook acquisition.
T-Mobile USA reported a strong Q2, which the company attributed to growth of its subscriber base, outgrowing its direct competitors AT&T and Verizon.
Amazon has delivered another solid quarter, but the numbers fell short of market expectations. When looked together with the latest financial results from other big tech companies, it is tempting to ask if the pandemic bonus is coming to an end.
Also in today’s EMEA regional round-up: Proximus earnings slip in Q2; Sparkle teams up with Google on subsea links; Orange sets targets.
Also in today’s EMEA regional results-fest round-up: Telefónica’s Q2 boosted by Virgin Media O2 merger and Telxius deal; BT’s fiscal Q1 dented by corporate and public sector struggles; Cellnex puts in a towering performance in H1.
All the indicators are moving in the right direction for Finnish kit vendor Nokia, which saw its share price jump after announcing its Q2 2021 numbers.
Apple and Google forced to delete Russian opposition app ahead of election. An app created by Russian opposition po hhttps://t.co/eNOwBp24UG
17 September 2021 @ 13:31:47 UTC
Ooredoo and CK Hutchison merge Indonesian operations. Indosat Ooredoo and H3i are merging to form an Indonesian meg hhttps://t.co/Jwd7uBdAR5
17 September 2021 @ 10:31:07 UTC
Liberty LatAm spends $200m on America Movil's Panama ops. Liberty Latin America has agreed to acquire America Movil hhttps://t.co/RLN8QPbT3G
17 September 2021 @ 09:30:11 UTC
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