12 May 2022

Mobile

New President orders ICE to relinquish 5G spectrum within six months

In one of his first acts since assuming power earlier this month, President Rodrigo Chaves Robles has ordered Marco Acuna Mora, the executive president of Grupo ICE, to return all... more

Three UK confirms it will switch off 3G at the end of 2024

British cellco Three UK has announced that it plans to switch off its 3G network at the end of 2024 as its investments in 4G and 5G technology gather pace.... more

3G shutdowns imminent as NMHH begins phase two of subsidised phone replacement for 2G/3G users

Hungary’s telecoms regulator, the National Media & Infocommunications Authority (Nemzeti Media- es Hirkozlesi Hatosag, NMHH), began a second phase of its mobile phone replacement subsidy scheme on 9 May, under... more

Singtel extends 5G to cover MRT tunnels as StarHub, M1 target nationwide 5G coverage this year

Singtel announced this week that it has extended the reach of its in-deployment 5G network to the underground MRT tunnels of the North East Line (NEL) from Harbour Front to... more

IoT Time: Internet of Things digest

Japan’s NTT has announced the launch of its ‘IoT Services for Sustainability’, an end-to-end stack of solutions aimed at helping businesses advance progress against global sustainability initiatives and make data-driven... more

Fixed Broadband

Sweden opens applications for rural broadband funding, consults on wireless spectrum

The Swedish Post and Telecom Agency (Post & Telestyrelsen, PTS) has opened applications for its 2022 broadband support scheme. The regulator has almost SEK1.3 billion (USD130 million) funding available to... more

Corporate/Financial

Merger of Vodafone UK and Three UK being considered, reports say

UK-based Vodafone Group is reported to be in discussions over the possible merger of its domestic unit, Vodafone UK, with rival British cellco Three UK, which is owned by Hong... more

EB Capital enlists Lazard to sell Alloha Fibra assets

Alloha Fibra, the ISP holding company backed by Brazilian private equity firm EB Capital, has hired Lazard to orchestrate a sale of its fibre-optic assets. The group currently presides over... more

Telefonica 1Q22 revenues drop 9% to EUR9.4bn

Spanish telecoms giant Telefonica has reported revenues of EUR9.410 billion (USD9.915 billion) for the three months ended 31 March 2022, down 9.0% year-on-year on a reported basis. Group OIBDA for... more

NTT Corp sees full year profits climb 28.9% to JPY1.18 trillion

Nippon Telegraph and Telephone Corporation (NTT Corp), Japan’s largest telecoms group by subscriptions and revenue, reported net profit attributable to shareholders of JPY1.181 trillion (USD9.17 billion) for the twelve months... more

Liberty books 1.5% uptick in Q1 revenue

UK-based cable group Liberty Global has reported total revenue of USD1.85 billion for the first three months of 2022, down 47.0% from USD3.50 billion in Q1 2021 but an increase... more

Magyar Telekom Q1 revenues improve 8.4%

Hungarian fixed and mobile operator Magyar Telekom reported that its total revenue increased by 8.4% year-on-year to HUF175.9 billion (USD487 million) in the first quarter of 2022, supported by strong... more