28 Oct 2021

Mobile

Portuguese 5G auction ends after 1,727 rounds of bidding; process generates EUR566.8m

Portugal’s National Communications Authority (Autoridade Nacional de Comunicacoes, ANACOM) has confirmed that its multi-band 5G spectrum auction – which commenced on 14 January – has finally concluded, after 1,727 rounds... more

5G sale raises HKD1.9bn

Hong Kong’s Office of the Communications Authority (OFCA) has completed its latest 5G spectrum auction, raising a total of HKD1.877 billion (USD241 million) over 32 rounds of bidding. 255MHz of... more

15 companies submit bids for Brazilian 5G auction

Brazil’s National Telecommunications Agency (Agencia Nacional de Telecomunicacoes, Anatel) has confirmed that a total of 15 companies have submitted bids for its 5G auction. All relevant paperwork was filed by... more

15% of Digicel cell sites offline in Haiti due to fuel shortage

Digicel Haiti has stated that 15% of its roughly 1,500 cell sites are now non-operational due to persistent fuel availability problems and other security-related challenges. A press statement issued to... more

Ofcom issues decision updating technical conditions for 800MHz licences

British telecoms regulator Ofcom has issued a decision updating the technical conditions of mobile concessions in the 800MHz band, saying that after consulting on the matter it had determined it... more

Econet embarks on network expansion project

Econet Wireless Zimbabwe has announced plans to deploy 130 new base stations over the next 90 days, while upgrading existing 2G and 3G sites to 4G. Kezito Makuni, Econet’s Chief... more

IoT Time: Internet of Things digest

Verizon Business in the US has introduced IoT services across its ‘5G Nationwide’ network, plus a new suite of Intelligence features. Verizon-certified IoT devices can now access the 5G Nationwide... more

Corporate/Financial

PPF Telecom sells Telenor Montenegro to Hungary’s 4iG

PPF Telecom Group has entered into a final agreement to sell a 100% stake in mobile network operator (MNO) Telenor Montenegro to Hungarian technology company 4iG for an undisclosed price.... more

Competition body reviews application for Movistar sale

El Salvador’s Superintendency of Competition (Superintendencia de Competencia, SC) says it has received an application seeking approval for the sale of Telefonica Moviles (Movistar) and Telefonica Multiservicios to General International... more

Telenor Group highlights subscriber growth and strong cash flow in 3Q21

Norway-based Telenor Group has published its financial results for the quarter ended 30 September 2021, reporting a 3.5% year-on-year drop in total turnover to NOK27.4 billion (USD3.27 billion), although it... more

Globe bond issue raises USD600m for CAPEX and debt commitments; base station deployments up 82%

Filipino operator Globe Telecom has raised USD600 million through the sale of dollar-denominated bonds on the international capital markets to help fund network upgrades and pay down debt. The process... more

Telenet net profit falls 20% in Q3; commences strategic review of tower business

Belgian full-service telecom operator Telenet has announced ‘solid operation and financial results’ in the three months ending 30 September 2021, posting revenues of EUR640.6 million (USD743.3 million) in the third... more

VEON’s Q3 revenues jump 10%, driven by Russia, other markets

Consolidated revenue at multinational telecoms group VEON improved by 10.2% year-on-year in Q3 2021 to USD2.005 billion, driven by growth of 8.2% in Russia, 13.0% in Pakistan, 11.9% in Ukraine,... more

Transtelco extends Maxcom tender offer until 5 November

Texas-based Transtelco Holding has extended its previously announced cash tender offer for the outstanding 8% Senior Secured Notes (due 2024) issued by Mexican telco Maxcom Telecomunicaciones, until 5 November 2021.... more

Ooredoo’s 9M21 revenue climbs 3%

Ooredoo’s consolidated group revenue for the nine months ended 30 September 2021 stood at QAR22.1 billion (USD6.0 billion), an increase of 3% compared to the same period last year, largely... more

TIM reports 2.1% fall in Q3 sales

Telecom Italia Group (TIM Group) has recorded revenues of EUR3.84 billion (USD4.46 billion) in the third quarter of 2021, down 2.1% year-on-year on a comparable basis. Domestic sales dropped 3.2%... more