29 Jul 2021

Wireless

US cell sites surpassed 400,000 in 2020, report says

The total number of cell sites in the United States reached 417,215 as of 31 December 2020, up from 395,562 on an annualised basis. The data was published by wireless... more

3 Hong Kong to close 2G network at end-September

Hong Kong cellco Hutchison 3 has confirmed plans to switch off its 2G network at the end of September. The firm said that 2G customers accounted for just 0.1% of... more

Polish cellcos facing fines for misselling services

Poland’s consumer watchdog UOKiK has launched proceedings against mobile network operators (MNOs) Orange and Play (P4) for charging customers for additional services without their consent. The President of UOKiK, Tomasz... more

Corporate/Financial

EC gives conditional approval for Orange's acquisition of Telekom Romania Communications

EU antitrust regulators have given conditional approval, under the EU Merger Regulation, for Orange Group’s acquisition of a 54% controlling stake in fixed operator Telekom Romania Communications (TKR) from Greek... more

Brisanet prices shares at BRL13.92 ahead of IPO

Brazilian ISP Brisanet – the country’s fifth-largest broadband provider by subscribers – has priced its shares at BRL13.92 (USD2.67) ahead of its initial public offering (IPO) later today (29 July).... more

BT Group records 3% revenue decline in Q1 FY22

BT Group has reported revenue of GBP5.071 billion (USD7.04 billion) for the quarter ended 31 March 2021 (Q1 FY22), representing a 3% year-on-year decline. According to the operator an increase... more

Orange revenue growth accelerates in Q2 2021

Orange Group has published its financial results for the three months ended 30 June 2021, claiming a ‘sharp rebound in equipment sales and sustained performance in services’ coupled with ‘outstanding... more

Telefonica 2Q21 revenues drop 3.6% to EUR9.9bn; net debt reduced to EUR26.2bn

Spanish telecoms giant Telefonica has reported revenues of EUR9.964 billion (USD11.775 billion) for the three months ended 30 June 2021, down 3.6% year-on-year on a reported basis. Group OIBDA for... more

Ooredoo Group H1 revenues grow 3%

Qatar-based Ooredoo Group’s first half 2021 revenue stood at QAR14.509 billion (USD3.963 billion), an increase of 3% compared to the same period last year, mainly driven by growth in its... more

Telenet posts 1% rise in 1H21 revenues

Belgian full-service telecoms operator Telenet has published its financial results for the six months ended 30 June 2021, reporting a 1.1% year-on-year increase in revenues to EUR1.228 billion (USD1.451 billion),... more

Sales down 2% at Telekom Slovenije in H1

Telekom Slovenije of Slovenia has reported revenues of EUR319.5 million (USD377 million) for the first half of 2021, a drop of 2% against the year-ago period. EBITDA was up 1%... more