Telecompaper (32)

Liquid Telecom wins deal to manage KETRACO grid, plans East African expansion

Liquid Telecom Kenya has announced a ten-year partnership with Kenya Electricity Transmission Company to operate KETRACO's Optical Ground Wire fibre cable and expand the internet network across East Africa. The partnership will begin by upgrading fibre connections to Kenyan areas already connected ...

ZTE releases foldable Axon M smartphone with dual screens

ZTE announced a new foldable smartphone, the ZTE Axon M with two screens. Working similar to a convertible laptop, the screens can be used separately for multitasking on two apps, opened for a full 6.75-inch screen, folded over for two users to watch the same content in 'mirror mode' or folded up to ...

P3 names Telia best mobile operator in Sweden

Consultancy P3 has named Telia the best operator in Sweden in the P3 Connect Mobile Bench 2017. All four Swedish operators were excellent by international comparison, it said. Telia was best overall for the second year in a row, and Tele2 followed in second place after its "enormous" improvement ...

A1 CEO submits resignation

Margarete Schrambock, CEO of the Austrian operator A1, has resigned. She had been in the position since May 2016. Until a successor is appointed, CTO Marcus Grausam will take over her duties as interim CEO. 

A1 CEO submits resignation

Margarete Schrambock, CEO of the Austrian operator A1, has resigned. She had been in the position since May 2016. Until a successor is appointed, Marcus Grausam will take over her duties as interim CEO. Schrambock's possible resignation was reported earlier.

Seamless plans to drop SEQR and focus on MeaWallet, eProducts

Seamless Distribution said it considering selling or winding down its SEQR mobile payment code service and focusing on Meawallet and eProducts instead, and is considering a rights issue to raising funding. The board intends to call an EGM within the coming two weeks, where the considered proposals ...

Italy applies special powers on TIM to scale back Vivendi influence

The Italian government has notified Telecom Italia that Prime Minister Paolo Gentiloni signed a decree activating the so-called "golden power" rule of 2012 that allows the state to intervene in strategically important companies. The government's unprecedented move to apply special powers comes after ...

Qualcomm achieves 5G data connection with first modem chipset

Qualcomm has claimed an industry first, with a successful 5G data connection on a 5G modem chipset for mobile devices. The Qualcomm Snapdragon X50 5G modem chipset delivered gigabit speeds and a data connection in the 28GHz mmWave radio frequency band. Additionally, Qualcomm previewed its first 5G ...

Netflix adds 5.3 million subscribers in Q3, sales up 30%

Netflix added a net 5.30 million new streaming subscribers in the third quarter, including 4.45 million outside the US. This gives the company a total 109.2 million customers, of which around half at its international operations. Netflix's sales rose 30 percent to USD 2.98 billion in the quarter, ...

Vodafone launches gigabit LTE in Germany

Vodafone Germany announced the launch of the first mobile base stations supporting speeds of 1 Gbps. The top speed is available initially in Duesseldorf, Hamburg, Berlin and Hanover, and the new Huawei Mate 10 Pro, unveiled in Munich, will be the first to support 1 Gbps LTE. All Vodafone customers ...

Huawei unveils new series of Mate smartphones with top processor

Huawei has unveiled in Munich a new range in its Mate series of high-performance smartphones. The new Mate 10 and Mate 10 Pro are the first to run its Kirin 970 processor with artificial intelligence features. 

Google buys Swedish site to build data centre

Avesta borough council in Dalarna county said that Google has acquired a 109-hectare property in Horndal but said it understands that the company has no plans to build there yet. Avesta council gave a link to an article on Dagens Nyheter's website, which said the company had given the newspaper ...

Vodafone launches gigabit LTE in Germany

Vodafone Germany announced the launch of the first mobile base stations supporting speeds of 1 Gbps. The top speed is available initially in Duesseldorf, Hamburg, Berlin and Hanover, and Vodafone said it will soon offer smartphones supporting 1 Gbps LTE. All customers with LTE tariffs can access the ...

Samsung unveils first consumer smart tag for NB-IoT

Samsung Electronics has announced the launch of what it claims to be the first consumer smart tag that uses narrowband network technology for tracking pets, children and personal items. The Samsung Connect Tag works with GPS, Wi-Fi-based positioning and Cell ID to receive accurate location ...

Sprint, T-Mobile reach broad agreement on merger - report

Softbank has reached a broad agreement to merge its US unit Sprint with T-Mobile US, the Nikkei Asian Review reports. A deal could be announced as early as this month. 

TIM launches first Italian commercial NB-IoT service in 5,000 localities

Telecom Italia has announced the imminent launch of a Narrowband Internet of Things service in 5,000 localities all over Italy, equivalent to 75 percent of its network. The company said it will be the first Italian operator to offer the commercial IoT service based on LTE technology at the end of ...

Reliance Jio adds 15 mln subscribers in September quarter

ARPU during the quarter stood at INR 156.4. Total wireless data traffic jumped to 3.78 billion GB, and average voice traffic reached 2.67 billion minutes per day.

Oi bondholders reject revised restructuring plan

The major creditors of Brazilian operator Oi have reject the revised debt restructuring plan proposed by the company. According to the steering committees of the ad hoc group of Oi bondholders and the International Bondholder Committee, Oi's management and board have put forward a restructuring ...

Eutelsat acquires capacity distributor Noorsat

Eutelsat Communications has acquired Noorsat from Bahrain's Orbit Holding Group. Noorsat was established in 2004 and distributes Eutelsat capacity in the Middle East, serving blue-chip customers and providing services for over 300 TV channels, almost exclusively from Eutelsat's MENA neighbourhoods ...

Tata sells consumer mobile ops to Bharti Airtel

The Tata Group has agreed to sell its consumer mobile businesses to Bharti Airtel, including all customers and assets. No financial details were disclosed about the deal, except that it will done on a debt- and cash-free basis, except for Bharti assuming a small portion of Tata payments for ...

Samsung CEO Kwon Oh-hyun resigns amid strong guidance for Q3

Samsung Electronics has announced the resignation of CEO Oh-Hyun Kwon, in charge of Samsung Display and the company's Device Solutions Business. Kwon said he will not seek re-election as a member of the board of directors and chairman of the board when his term ends in March of next year.

AT&T warns for decline in video subscribers during Q3

AT&T expects nearly 300,000 DirecTV Now net adds, though total US video subscribers will fall by about 90,000. AT& said the video net losses were driven by heightened competition in the traditional pay-TV markets and OTT services, and hurt by the recent hurricanes and stricter credit standards. The ...

TRA approves Viva Bahrain's acquisition of Menatelecom with conditions

The Telecommunications Regulatory Authority has given approval to Viva Bahrain for its proposed acquisition of Menatelecom. TRA said after a process of open consultation and discussions with various parties, it concluded that Viva's plans complied with the necessary regulations. 

TRA approves Viva Bahrain's acquisition of Menatelecom with conditions

The Telecommunications Regulatory Authority has given approval to Viva Bahrain for its proposed acquisition of Menatelecom, Gulf News reported. TRA said after a process of open consultation and discussions with various parties, it concluded that Viva's plans complied with the necessary regulations. ...

Danske Bank shuts MobilePay in Norway, holds talks with Vipps

Danske Bank said it is shutting down MobilePay in Norway and is negotiating a distribution agreement with rival Vipps, which was spun off by DNB earlier this year. Rival bank Nordea Norway announced separately that it has joined forces with Vipps.

Airtel Ghana MD resigns ahead of merger with Tigo

Airtel Ghana CEO Lucy Quist has announced her departure from the telecommunications company ahead of Airtel's merger with Tigo, Myjoyonline reported. In her Facebook post, Quist announced that the time was right for her to move on to the next chapter. Quist joined Airtel Ghana in 2014 as the first ...

LG Electronics posts Q3 sales up 15%, higher operating profit

LG Electronics reported higher third-quarter results in its preliminary report. Revenues are expected to grow 15.2 percent year-on-year and 4.6 percent quarter-on-quarter at nearly KRW 15.22 trillion, and the operating profit is expected to jump 82.2 percent year-on-year to KRW 516.1 billion. ...

Alibaba to double R&D spending to USD 15 bln, with eye towards 'moonshot' projects

Alibaba said it will be doubling its R&D spend over the coming three years to USD 15 billion in order to develop next-generation technology and explore moonshot projects aimed at upending industries, Bloomberg reported. Alibaba plans to set up seven research labs and hire 100 scientists around the ...

Dell unveils new USD 1 bln IoT division

Dell Technologies has announced a new Internet of Things division designed to integrate existing products and tools across the company and develop new Internet-connected devices and software. To that end, the company revealed plans to spend USD 1 billion on IoT-focused research and development over ...

Yandex launches conversational intelligent assistant

Russian internet search engine Yandex has launched new product Alice, a conversational intelligent assistant that is not restricted to a set of predefined scenarios. Alice integrates multiple services to help users efficiently accomplish tasks such as finding information online, recommending places ...

Omantel offers to buy another 12% of Zain from investment group

Omantel is seeking to increase its stake in Zain Group, worth around KWD 290 million, two months after purchasing a minority share in it, The National reported, citing a bourse statement. Omantel signed a non-binding letter of intent on 08 October to buy a 12.17 percent stake in Zain from ...

Vodafone Iceland gains approval to acquire 365

Fjarskipti, which trades under the Vodafone Iceland brand, said the Competition Authority has agreed to its acquisiton of media company 365 with the exception of newspaper Frettabladid and the magazine Glamour. Vodafone Iceland and 365 had agree to the takeover without Frettabladid and Glamour on 14 ...