12 Aug 2022

Mobile

SmarTone announces October shutdown for 2G network

Hong Kong’s SmarTone has announced that it will close its GSM network on 14 October 2022, saying the move was ‘in response to the massive growth of mobile data usage... more

Orange Romania expands 5G network to Arad

Orange Romania has announced its 5G network now covers the city of Arad, enabling customers with a 5G subscription and compatible handset to access theoretical download speeds of up to... more

Fixed Broadband

Cable Compendium: a guide to the week’s submarine and terrestrial developments

The Board of Directors of the National Communications Agency (Ente Nacional de Comunicaciones, ENACOM) has authorised Google Infraestructura Argentina to install Firmina – a private, non-common carrier submarine fibre-optic cable... more

Kazakhtelecom aims to migrate 550,000 DSL lines to fibre/FWA

Nurlan Meirmanov, Chief Innovation Officer of Kazakhtelecom (KT) told delegates at the Towards Digital Kazakhstan forum this week that the state-backed telco aims to migrate 50,000 ADSL fixed broadband subscriber... more

Corporate/Financial

Telecom Egypt records 17% increase in revenue in 1H22

Telecom Egypt has reported consolidated revenues of EGP20.4 billion (USD1.08 billion) for six months ended 30 June 2022, representing annual growth of 17%, which the company said was ‘mainly attributed... more

Globe Telecom hopes to generate at least PHP71bn from sale of 7,000+ towers

Filipino carrier Globe Telecom says it has secured board approval for a sale and leaseback agreement involving more than 7,000 towers. In a press release today (12 August), the company... more

Converge ICT Q2 net profits up 16%, boosted by ongoing rollout

Converge ICT Solutions has reported that net profits for the three months ended 30 June 2022 reached PHP1.981 billion (USD36 million), up 16% from PHP1.703 billion in the same period... more

Digi Communications posts 19.1% revenue growth in 2Q22

Romania-based Digi Communications has reported group revenue (excluding intersegment revenue and other income) of EUR370.4 million (USD382.1 million) for the three-month period ended 30 June 2022, an increase of 19.1%... more

China Mobile books first half revenues of USD74bn

Chinese full-service provider China Mobile has published its financial results for the first half of 2022, reporting a 12.0% year-on-year increase in operating revenue, which grew to CNY496.9 billion (USD73.7... more