28 Aug 2020

Wireless

Tele2 reaches its 68th Russian region

Tele2 Russia has expanded its mobile network services to the Altai Republic in West Siberia, bringing its total on-net coverage footprint to 68 regions (out of Russia’s 83 excluding the... more

Japan set to slash mobile number porting fees

The government of Japan has announced new measures to fuel competition in the domestic mobile market by making it easier for users to switch to another carrier while keeping their... more

50% of Prague’s metro stations now covered by LTE, paper says

The Prague Morning newspaper reports that 30 metro stations in Prague, or half the total, are now covered by a 4G LTE signal, with Karlovo namasti station being the latest... more

Uzmobile reaches six million subscribers

State-backed Uzbek fixed and mobile operator Uzbektelecom (Uztelecom) has confirmed that its mobile division Uzmobile has passed the milestone of six million subscribers. TeleGeography notes that the state-backed provider has... more

Broadband

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

GU Holdings (Google) and Edge Cable Holdings (Facebook) have submitted a new application to the Federal Communications Commission (FCC) for a licence to construct, land and operate a high capacity... more

Italian government prepared to compromise on TIM role in single broadband network

Italy’s government has green-lighted a proposal to create a single broadband network company which will now be presented in a Memorandum of Understanding (MoU) to incumbent operator Telecom Italia (TIM).... more

Corporate/Financial

Alibaba and the 40 investors: 5G licensee CBN gains CNY100bn new capital

State-backed cable TV operator and 5G mobile licensee China Broadcasting Network (CBN) has received investment of more than CNY100 billion (USD14.5 billion) from 47 companies, with the funding expected to... more

Telekom Malaysia reports net profit increase for 2Q20 on reduced operating costs

Citing the ‘increasingly challenging operating environment and early consequences of the COVID-19 pandemic’, Telekom Malaysia has reported a 7.2% year-on-year decline in revenue for the quarter ended 30 June 2020.... more

Axiata cites impact of COVID-19 pandemic as it reports lower revenues for 1H20

Malaysia-based Axiata said it felt the ‘full impact of COVID-19 … in 2Q20, particularly in April’, as it reported a 5.9% year-on-year drop in revenue, to MYR5.792 billion (USD1.4 billion),... more

SoftBank to sell off USD12.5bn of domestic wireless unit’s shares

SoftBank Group Corp has revealed it is to sell off around JPY1.33 trillion (USD12.5 billion) of the stock it holds in domestic wireless arm SoftBank Corp, piling up the recent... more

Beeline reportedly agrees West Call Moscow purchase

Russia’s VimpelCom (Beeline) has agreed a deal to acquire B2B-focused telco West Call Moscow, according to ComNews citing ‘several sources in the market’, although the transaction has not yet been... more