22 Jul 2021

Wireless

Spanish 700MHz auction raises EUR1bn

Spain’s Ministry of Economic Affairs and Digital Transformation (Ministerio de Asuntos Economicos y Transformacion Digital, MINECO) has confirmed that its sale of 5G-suitable 700MHz (703MHz-733MHz/758MHz-788MHz) frequencies has generated a total... more

IoT Time: Internet of Things digest

Vodafone UK has doubled the number of sites in its NB-IoT network to meet the increasing demand for IoT services and says that NB-IoT coverage will reach 98% of its... more

T-Mobile wants 3,000 5G base stations by end-Sept; 3G to go by end-2023

T-Mobile Poland is expecting to have 3,000 5G base stations in service by the end of September, with the operator saying it is adding around 120 new 5G sites each... more

iSAT inks partnership deal with SES Networks to deliver 4G in rural East Africa

iSAT Africa, a UAE-based company that develops innovative mobile connectivity solutions for unconnected communities in Africa, has signed a three-year partnership agreement with Luxembourg-based SES Networks to bring 4G services... more

Broadband

KT Corp fined for failing to deliver promised speeds

South Korea’s KT Corp has been fined KRW500 million (USD434,000) for failing to provide download speeds that users paid for. According to Yonhap News Agency the financial penalty has been... more

KCOM brings forward FTTP rollout in two Lincolnshire towns

Hull-based broadband provider KCOM has brought forward the expansion of its full fibre network to two north Lincolnshire communities. In a press release regarding the development, KCOM confirmed that work... more

Corporate/Financial

AT&T sells LatAm-focused Vrio business to Grupo Werthein

Buenos Aires-based Grupo Werthein has reached an agreement to acquire AT&T’s Latin American Vrio Corp business unit. Grupo Werthein is a private holding company that has been doing business in... more

Desktop IPO raises BRL715m

Brazilian ISP Desktop Sigmanet successfully staged its initial public offering (IPO) yesterday (21 July), generating total funds of BRL715.22 million (USD137.01 million). Shares were listed via the B3 stock exchange... more

Verizon Q2 revenues up 10.9% to USD33.8bn; 20% of Consumer base now using 5G

US telecoms giant Verizon Communications has reported total operating revenues of USD33.764 billion for the three months ended 30 June 2021, up 10.9% from USD30.447 billion on an annualised basis.... more

Rogers’ quarterly revenues improve 14% year-on-year

Canadian mobile market leader Rogers Communications’ total revenue increased by 14% year-on-year in the second quarter of 2021 to CAD3.582 billion (USD2.834 billion). Wireless revenue increased by 7% to CAD2.064... more