2 Nov 2020

Wireless

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

Private equity firm GTCR has signed a definitive agreement to acquire Consumer Cellular, one of the largest independent MVNOs in the US. Headquartered in Portland, Oregon, Consumer Cellular provides post-paid... more

Indosat picks Huawei to build 5G-ready IP transport network

Mobile network operator (MNO) Indosat Ooredoo has selected Huawei of China to build out an SRv6-based 5G-ready IP transport network in some key areas in Indonesia, including Greater Jakarta, East... more

Minister claims Tunisia could have 5G from 2022

5G services are now expected to be launched in Tunisia in 2022, according to Telecom Minister Mohamed Fadhel Kraiem, Agence Ecofin reports. The official was quoted as saying the launch... more

Zain transfers Touch management to Lebanese government

Kuwait-based Zain Group handed over the management of Lebanese mobile operator Touch to a new management and board, appointed by Lebanon’s telecoms ministry, on 30 October 2020. A company statement... more

Broadband

PLDT’s FTTH network reached 46% of cities/municipalities at end-September 2020

PLDT Inc. says that it is consolidating its position in the residential broadband market, and continuing to increase network capacity to meet future growth. In a market update over the... more

Corporate/Financial

WEKO greenlights Sunrise takeover

Swiss antitrust authority the Competition Commission (COMCO, or Wettbewerbskommission, WEKO) has approved the planned takeover of full-service provider Sunrise Communications by UPC Switzerland, a wholly-owned subsidiary of UK-based cable group... more

KT SkyLife to acquire ISP Hyundai HCN; eyes additional takeovers

KT SkyLife, the satellite/broadband subsidiary of KT Corp, has agreed to acquire fellow pay-TV/internet firm Hyundai HCN in a deal valued at KRW491.1 billion (USD433.1 million). According to the Korea... more

Jio standalone net profit rises to INR28bn

India’s largest mobile provider by subscribers, Reliance Jio Infocomm (Jio) – part of Jio Platforms Limited (JPL), the digital services division of Indian conglomerate Reliance Industries Limited (RIL) – has... more

Millicom Q3 revenues drop 6.5% to USD1bn

Millicom International Cellular (MIC) – which offers mobile and cable broadband in Latin America under the Tigo brand – has reported quarterly revenues of USD1.026 billion for the three months... more

KPN acquires Sterk Midden-Drenthe network

The Netherlands’ KPN has agreed to acquire the fibre-optic network of cooperative Sterk Midden-Drenthe following unanimous approval from the coop’s Members Council. The network connects approximately 5,900 addresses located in... more

VEON writes down assets in Kyrgyzstan

Netherlands-headquartered, Russian-backed VEON has fully impaired the carrying value of its operating assets in Kyrgyzstan, where it controls cellco Sky Mobile (Beeline) via a 50.1% stake. In its Q3 2020... more