31 Jul 2020

Wireless

XL Axiata inks deal to deploy Ericsson 5G-ready cloud core technology

Ericsson has been picked by Indonesian mobile network operator (MNO) XL Axiata to deploy a 5G-ready cloud core technology solution across East Indonesia. In a press release outlining the development,... more

Shaw Mobile launches for cable internet customers in BC, Alberta

Western Canadian cableco Shaw Communications launched its Shaw Mobile service on 30 July 2020 as scheduled, offering LTE services over its existing cellular network shared with its Freedom Mobile brand,... more

Broadband

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

Google has announced plans for the deployment of a new subsea cable – Grace Hopper – which will run between New York (US), Bude (UK) and Bilbao (Spain). The Grace... more

Dhiraagu expands fibre broadband to Maduwaree

Dhivehi Raajjeyge Gulhun (Dhiraagu), the Maldives’ incumbent telecoms operator, has announced the expansion of its fibre broadband service to Maduvvaree, an inhabited island in Raa Atoll. The firm’s fibre-to-the-home (FTTH)... more

Filipino Senate sets out new law to guarantee minimum internet speeds

The Philippines’ upper house, the Senate, is looking to pass legislation that would set the minimum standard for internet connection speeds in the country, the Manila Bulletin writes. In an... more

Wireline

ANCOM cuts FTRs from 1 November

Romania’s National Authority for Management and Regulation in Communications (ANCOM) has announced that fixed termination rates (FTRs) will be reduced by 30% to EUR0.00098 with effect from 1 November 2020.... more

Corporate/Financial

Millicom 2Q20 revenue down 8.0% to USD970m; group experiences ‘most challenging quarter in 30-year history’

Millicom International Cellular (MIC), which offers mobile and cable broadband services in Latin America via the Tigo brand, has reported quarterly revenue of USD970 million for the three months ended... more

BT records 7% revenue drop as it issues quarterly trading update

UK-based BT Group has reported revenues of GBP5.248 billion (USD6.84 billion) for the three months ended 30 June 2020, down 7% year-on-year, attributing the drop primarily ‘to the impact of... more

Sales drop 2% at Telekom Slovenije

Telekom Slovenije Group has reported operating revenues of EUR335.4 million (USD382 million) in the first six months of 2020, down 2% year-on-year due to knock-on effects of the COVID-19 outbreak... more

Chunghwa Telecom cites impact of competition and COVID-19 as revenues dip in 2Q20

Taiwan’s Chunghwa Telecom has published its financial results for the three months ended 30 June 2020, reporting that total turnover dipped by 4.6% in the quarter, to TWD47.81 billion (USD1.63... more

Altice Europe reports EBITDA growth in 2Q20

Netherlands-based multinational telecoms group Altice Europe has reported consolidated revenues of EUR3.540 billion (USD4.1 billion) for the three months ended 30 June 2020, down 1.2% year-on-year from EUR3.583 billion in... more

Jio standalone net profit hits INR25.2bn

Indian full-service provider Reliance Jio Infocomm (Jio) has booked turnover of INR165.6 billion (USD2.2 billion) for the three months ended 30 June 2020, up 33.7% year-on-year from INR123.8 billion, bolstered... more

Proximus reports 5.9% drop in underlying group revenues in 2Q20

Belgian full-service telecoms operator Proximus has published its financial results for the three months ended 30 June 2020, reporting a 5.9% decline in underlying group revenues to EUR1.330 billion (USD1.568... more