13 Jul 2020

Wireless

MVNO Monday: a guide to the week’s virtual operator developments

VTB Mobile, the MVNO launched by Russian bank VTB in September 2019, has confirmed that it has reached the 100,000-subscriber milestone. Maxim Sharkov, CEO of VTB Mobile, commented: ‘We are... more

TRAI blocks Airtel, Vodafone Idea premium plans over QoS concerns

Sector watchdog the Telecom Regulatory Authority of India (TRAI) has instructed mobile providers Bharti Airtel and Vodafone Idea to suspend their respective ‘Platinum’ and ‘RedX’ plans, which offer faster download... more

Broadband

Vodafone Ghana officially launches FTTH deployment programme

Vodafone Ghana has officially launched an extensive infrastructure rollout programme to provide fibre broadband connectivity to more homes and businesses across the country, reports Business Ghana. The campaign, which began... more

Making plans for Niger: World Bank funds digital projects to tune of USD100m

The World Bank’s International Development Association (IDA) has approved the disbursement of USD100 million to help Niger accelerate digital transformation projects, reports Ecofinagency.com. The funding – incorporating a USD50 million... more

Corporate/Financial

SCPEC, PSRC rubber stamp Team LLC-VEON Armenia deal

Team LLC, the new venture set up by brothers Hayk and Aleksandr Yesayan in April 2020 after they jumped ship from rival altnet Ucom, said on Friday (10 July) that... more

Network improvements touted as TPG-VHA merger implementation date arrives

With today (13 July) marking the implementation date for the long-awaited merger of Vodafone Australia and TPG Telecom, the companies involved have already sought to highlight the benefits to consumers... more

stc postpones Vodafone Egypt stake acquisition again

Saudi Telecom Company (stc) has announced a further extension of the non-binding memorandum of understanding (MoU) it struck with UK-based Vodafone Group in January 2020, related to its proposed acquisition... more

SoftBank raises USD948.5m from stock buyback; share price rallies

In a press release last Friday (10 July), Japan’s SoftBank Group Corp disclosed that it bought back JPY101.7 billion (USD948.5 million) worth of its common stock between 17 June and... more

Shaw quarterly wireline revenues drop 1.1%; Freedom revenues up 1.2%

Canadian cableco Shaw Communications has reported the results for its fiscal third quarter ended 31 May 2020, including its Freedom Mobile subsidiary. Wireline sector revenue including fixed broadband, TV and... more

BSNL, MTNL to receive sovereign guarantee worth USD2bn

State-owned providers Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) are set to receive a sovereign guarantee worth INR150 billion (USD2.0 billion) as part of the companies’... more