30 Jul 2021

Wireless

Canadian 3.5GHz 5G auction raises CAD8.9bn

Innovation, Science & Economic Development Canada (ISED) has announced the results of the country’s 3500MHz 5G frequency licence auction, raising CAD8.912 billion (USD7.146 billion) after 103 rounds of bidding. A... more

Malta invites interest in 1800MHz and 2.5GHz spectrum

The Malta Communications Authority (MCA) has called for expressions of interest in wireless spectrum in the 1800MHz (1710MHz-1785MHz/1805MHz-1880MHz) and 2.5GHz (2500MHz-2690MHz) bands. The regulator says it has received a formal... more

Broadband

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

Google and Telecom Italia’s Sparkle unit have announced plans to build two new submarine cables, each equipped with 16 fibre pairs, in collaboration with other unnamed partners. The Blue cable... more

Virgin Media O2 to upgrade to FTTP by 2028

Virgin Media O2 has announced plans to upgrade its fixed network to full fibre-to-the-premises (FTTP) by 2028. Total Telecom writes that the newly-merged provider is expected to complete the upgrade... more

Corporate/Financial

ATN International closes USD343m Alaska Communications takeover

US-based telecoms group ATN International – along with its financial partner Freedom 3 Capital – has confirmed that it has completed its previously announced acquisition of Alaska Communications Systems Group.... more

Xavier Niel launches simplified public tender offer for Iliad shares

Xavier Niel, controlling shareholder of Iliad, has launched a simplified public tender offer for Iliad shares at a price of EUR182 (USD216) per share, representing a premium of 61.0% on... more

Iliad makes offer for UPC Poland

The French telco Iliad is looking to create a fully converged operation in Poland, making a non-binding offer for the country’s largest cableco UPC. The transaction would be valued at... more

Millicom 2Q21 revenue up 12.3% to USD1.1bn

Millicom International Cellular (MIC), which offers mobile and cable broadband services in Latin America via the Tigo brand, has reported quarterly revenue of USD1.089 billion for the three months ended... more

Batelco net profit up 4% in Q2, revenues grow 7%

Bahraini telecoms group Batelco has announced its financial results for the three months ended 30 June 2021, reporting a 3% year-on-year increase in net profit from BHD17.3 million (USD45.6 million)... more

Proximus posts 3% rise in group underlying revenues in Q2 2021

Belgian full-service telecoms operator Proximus has reported ‘strong commercial trends’ and a return to revenue growth in the second quarter of 2021 ended 30 June. Group underlying revenues rose 3%... more

Iliad reports accelerated growth in 1H21 following Play integration

Paris-based telecoms company Iliad Group has published its unaudited financial results for the six months ended 30 June 2021, reporting a 33.7% increase in its consolidated revenues to EUR3.722 billion... more

Airtel Africa more than doubles net profit to USD142m

Airtel Africa, the pan-African division of Indian telecoms group Bharti Airtel, has booked revenue of USD1.1 billion for the three months to end-June 2021, up from USD851 million a year... more

Liberty commits to share buyback following strong Q2

UK-based cable group Liberty Global has reported consolidated revenue of USD3.11 billion for the three months to end-June 2021, an increase of 14.1% year-on-year, or 3.4% on a rebased basis.... more

VodafoneZiggo Q2 revenues improve 3%

Dutch quadruple-play cableco VodafoneZiggo’s revenues grew 3% year-on-year in Q2 2021 to EUR1.008 billion (USD1.197 billion), marking its ninth consecutive quarter of improvement, primarily driven by customer base and fixed... more

Sales and profits up for Etisalat in H1

United Arab Emirates (UAE) telecoms group Etisalat has recorded a 3.9% rise in first-half net profit after federal royalties to AED4.7 billion (USD1.28 billion). Consolidated revenues climbed 3.2% year-on-year to... more