7 May 2020

Wireless

BSNL to enlist Nokia, ZTE to accelerate 4G rollout

The board of state-owned telco Bharat Sanchar Nigam Limited (BSNL) has reportedly approved a proposal to bypass the tender process and task its incumbent vendors to upgrade around 50,000 sites... more

Tender for Lebanese mobile operator management contracts ready in three months, says minister

Lebanese telecoms minister Talal Hawat tweeted on Tuesday after a cabinet session that a tender for new contracts to manage the country’s two state-owned mobile network operators (MNOs) will be... more

IoT Time: Internet of Things digest

Mobile network operator T-Mobile Poland announced on its website that its NB-IoT network coverage reached 94% of the country at the end of April 2020, via 4,300 LTE base stations.... more

HK opens 5G subsidy scheme

The Office of the Communications Authority (OFCA) in Hong Kong has launched a subsidy scheme aimed at promoting new 5G projects across the territory. Under the scheme, the government will... more

Broadband

Loon unveils global partnership with AT&T

Loon, the US-based company that provides internet access to rural areas via high-altitude balloons, has agreed what it describes as a ‘global collaboration’ with AT&T, under which it has successfully... more

Corporate/Financial

BT announces ‘rapid acceleration’ of FTTP build plans as it publishes full year results

British fixed line incumbent BT has announced plans for a ‘rapid acceleration’ of its ongoing fibre-to-the-premises (FTTP) rollout, saying it now aims to pass 20 million premises with the technology... more

VEON reports 1.3% Q1 sales drop; local currency revenue up 0.3%

NASDAQ and Euronext Amsterdam-listed telecoms group VEON has reported its results for the first quarter ended 31 March 2020, with total revenue falling 1.3% year-on-year to USD2.097 billion, although in... more

VEON walks away from talks to sell Armenian arm to Ucom

Amsterdam-based VEON has announced its decision to withdraw from talks over the possible sale of its Armenian unit VEON Armenia (Beeline) to rival altnet Ucom, Arka News reports. In a... more

StarHub first quarter net income tumbles on COVID-19, sets out 5G ‘fast-track’

Singapore’s second largest telco by subscribers and revenue, StarHub, has reported its financial results for the three months ended 31 March 2020, with net profit tumbling 25.7% year-on-year to SGD40.2... more

O2 UK and Virgin Media merger plans confirmed

Just days after it was announced that British mobile network operator (MNO) O2 UK and local multi-play service provider Virgin Media were in discussions regarding a possible merger, the duo’s... more

TDC reports a 4.1% decline in Q1 revenues

Danish telco TDC, the country’s leading operator in terms of subscribers, has published its financial results for the three months ended 31 March 2020, reporting a 4.1% decline in revenues... more

Liberty books flat revenue in Q1

UK-based cable group Liberty Global has reported a 0.3% year-on-year dip in first quarter revenue, booking turnover of USD2.88 billion for the three months to end-March 2020. Operating cash flow... more

Telefonica 1Q20 revenues drop 5.1% to EUR11.4bn

Telefonica Group has reported revenues of EUR11.4 billion (USD12.3 billion) for the three months ended 31 March 2020, down 5.1% on an annualised basis. The Spanish group’s first quarter activity... more