16 Jul 2021

Wireless

Ericsson, Verizon ink USD8.3bn 5G deal; Verizon’s B2B 5G FWA reaches 42 cities

Expanding a long-standing partnership, US cellular giant Verizon and Swedish vendor Ericsson have signed a multi-year agreement worth USD8.3 billion to accelerate the deployment of Verizon’s 5G network via technology... more

Brazil 5G auction announcement due by 25 August

Brazil’s Minister of Communications Fabio Faria has confirmed that the notice for the auction of 5G-capable spectrum should be published by 25 August. The sale, which will include frequencies in... more

Cellcos complete interoperability tests as MNP edges closer

Filipino mobile network operators (MNOs) Smart Communications, Globe Telecom and newcomer DITO Telecommunity have successfully completed initial technical and interoperability tests as part of the government’s implementation of Republic Act... more

Broadband

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

Maltese operator GO has announced an investment of EUR25 million (USD29 million) in a third submarine cable, which has been named as LaValette. The execution of the project was entrusted... more

NBN Co inks four contracts to advance FTTN to FTTP network evolution

Australia’s NBN Co has announced the awarding of construction contracts with a total value of approximately AUD1.1 billion (USD819 million), to help ‘extend fibre deeper into communities and advance the... more

RED Broadband launches high speed fibre offer in Metro Manila and Cebu

Radius Telecoms (RED Broadband), which is a wholly owned subsidiary of Manila Electric Co (MERALCO), has launched a new ultra-high speed fibre internet plan, RED Fiber, in Metro Manila, nearby... more

Corporate/Financial

CETIN Bulgaria to acquire Sofia Communications

Infrastructure services provider CETIN Bulgaria, part of Dutch-based investment group PPF, is acquiring 100% of local fibre-optic services company Sofia Communications, SeeNews writes. Elizabet Mihaylova, communications officer at CETIN Bulgaria,... more

Elisa records 5% increase in revenue in 2Q21

Elisa Corporation has published its financial results for the quarter ended 30 June 2021, reporting a 5% year-on-year increase in revenue. With total turnover increasing to EUR484 million (USD572 million)... more

PTCL books H1 profit of nearly PKR3bn

State-backed telco Pakistan Telecommunication Company Limited (PTCL) Group has reported its financial results for the first six months of 2021, booking consolidated turnover of PKR67.85 billion (USD424.5 million), up from... more