9 Nov 2020

Wireless

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

Virgin Mobile South Africa has been placed under ‘business rescue’, local website Business Maverick reports, citing a filing at the Companies and Intellectual Property Commission (CIPC). The change in status... more

Swedish regulator to push on with 5G auction despite Huawei appeal

Sweden’s Post and Telecom Agency (Post & Telestyrelsen, PTS) says it plans to go ahead with its 5G spectrum auction as planned despite a last-minute appeal from Huawei Technologies Sweden.... more

Safaricom pledges to push 4G coverage to 100% by year-end

Safaricom, Kenya’s largest mobile operator by subscribers, has announced plans to expand 4G coverage to 100% by the end of the year as part of a new growth strategy which... more

Etisalat Misr paying USD325m for 2600MHz TDD licence after outbidding Orange

Egyptian mobile operator Etisalat Misr has agreed to acquire a 2600MHz TDD mobile broadband spectrum licence with 20MHz bandwidth at a cost of USD325 million, it was confirmed by the... more

Broadband

Shaw launches 1.5Gbps broadband

Canada’s Shaw Communications has launched ‘Fibre+ Gig 1.5’ residential internet plans providing 1.5Gbps download speeds, designed for gamers, streamers, content creators and other heavy data users. The new product is... more

Corporate/Financial

Orange agrees to buy Telekom Romania Communications for EUR497m

Orange Group has signed a deal to acquire a 54% controlling stake in fixed operator Telekom Romania Communications from Greek telco OTE. The France-based group will pay a total of... more

Shentel, T-Mobile deal going ahead; sale should conclude in 2Q21

Regional US operator Shentel and T-Mobile US have agreed to initiate a new appraisal process as they seek to establish an agreeable valuation ahead of T-Mobile’s planned takeover of the... more

Auction of Oi Movel to take place on 14 December

The long-awaited auction of Oi Movel will take place in Rio de Janeiro on 14 December. The date was confirmed by Judge Fernando Viana of the 7th Business Court of... more

Oi to offload stake in CST to Visabeira

Brazilian telco Oi has announced plans to sell its shareholding in Companhia Santomense de Telecomunicacoes (CST), the incumbent provider of fixed, mobile and data services in Sao Tome and Principe,... more

Airtel Africa to offload 4,500 towers

Airtel Africa is set to sell around 4,500 towers across five of its markets to help reduce its USD3.5 billion debt pile and to prepare for upcoming bond repayments, Bloomberg... more

Liberty commences AT&T integration, rebranding in PR, USVI

Liberty Latin America (LLA) has wasted no time in refreshing the websites belonging to its recently acquired AT&T Communications businesses in Puerto Rico and the US Virgin Islands (USVI). The... more

SoftBank 6M revenues rise, but tech stock losses mount

Japan-based multinational conglomerate holding company SoftBank Group Corp booked net sales of JPY2.630 trillion (USD25.5 billion) for the six months ended 30 September 2020, up 3.6% from JPY2.540 trillion in... more

PLDT’s Q3 revenues, net income up on strong demand for data/broadband

PLDT Inc. (including Smart Communications) posted record service revenues in the third quarter ending 30 September 2020, citing strong demand for its data and broadband services, sustaining growth momentum that... more

Telus posts 7.7% Q3 revenue rise; buys Lionbridge AI

Canadian quadruple-play operator Telus reported consolidated revenue of CAD4.0 billion (USD3.1 billion) for the third quarter of 2020, an increase of 7.7% over the same period a year ago. EBITDA... more

TDC reports declining revenues, EBITDA in Q3 2020

Danish telco TDC, the country’s leading operator in terms of subscribers, has published its financial results for the three months ended 30 September 2020, reporting a 5.3% decline in revenues... more

Turkcell revenues, EBITDA up 16.1%, 19.6% in Q3

Turkcell’s revenues and EBITDA grew year-on-year by 16.1% and 19.6% respectively in Q3 2020, to TRY7.649 billion (USD896 million) and TRY3.394 billion, driven mainly by strong ARPU performance and equipment... more

Vivendi role in Italian telecoms and media sectors to be probed

The Italian government is to investigate the role of French firm Vivendi as a shareholder in Telecom Italia (TIM) and national broadcaster Mediaset. Reuters reports that legislation has been drawn... more