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2 Aug 2022

Mobile

DoT completes USD19bn 5G auction

India has completed its 5G spectrum auction, which saw the four bidders – Reliance Jio Infocomm (Jio), Bharti Airtel, Vodafone Idea (Vi) and Adani Data Networks – spend a total... more

FCC’s 2.5GHz auction gets off to a sluggish start

Auction 108, the latest in a long line of Federal Communications Commission (FCC) spectrum sales, has got off to an underwhelming start, attracting bids of just USD103.5 million after the... more

stc to develop foundation for 5.5G network

stc Bahrain has announced plans to build the foundation for a 5.5G network in partnership with Huawei. The announcement forms part of the operator’s strategy to establish and develop infrastructure... more

Fixed Broadband

ANCOM reports significant rise in average broadband download speeds

Fixed broadband connections recorded average download speeds of 259.8Mbps in Romania in 2021, an increase of almost 40% compared to 2020, and average upload speeds rose by approximately 60% to... more

Vodafone ploughs FJD55m into Fijian network upgrade

Vodafone Fiji CEO Pradeep Lal has announced that his company plans to invest a further FJD55 million (USD25 million) in its network infrastructure with areas targeted including eBanking services for... more

DITO Telecommunity: fibre infrastructure now tops 30,000km

The Philippines’ new third telco DITO Telecommunity has reported that as of June 2022, it had deployed more than 30,000km of fibre-optic cabling to link the country’s three major islands... more

Room for improvement: Ooredoo Kuwait upgrades home broadband with FTTR

Ooredoo Kuwait has announced the commercial launch of ‘FIBER+’ fixed broadband packages featuring fibre-to-the-room (FTTR) to provide stable high speed internet access throughout homes and large spaces with multiple rooms... more

Corporate/Financial

Telefonica sells a 45% stake in BlueVia for EUR1.02bn

Spain’s Telefonica has agreed a deal to sell a 45% stake in its BlueVia Fibra rural fibre-optic business for EUR1.02 billion (USD1.05 billion) to a consortium set up by European... more

Lumen closes USD2.7bn sale of LatAm business to Stonepeak

Lumen Technologies (formerly CenturyLink) officially closed the sale of its Latin American operations to Stonepeak for USD2.7 billion cash on 1 August. The Latin American business will now be called... more

Consolidated offloads mobile investments to Verizon for USD490m

On 1 August 2022 Clio Subsidiary, a wholly-owned subsidiary of Consolidated Communications, entered into a ‘Partnership Interest Purchase Agreement’ with Cellco Partnership (Verizon Wireless) covering the sale of a number... more

TIM prepares to close INWIT stake sale

Telecom Italia (TIM) says all conditions have been met to allow it to complete the sale of an indirect stake in Italian tower company INWIT. Under an agreement signed on... more

Q2 sales down 1.7% at e&

e& (formerly Etisalat Group) has reported second quarter revenues of AED13.0 billion (USD3.5 billion), down 1.7% year-on-year, impacted by exchange rate volatility in Egypt, Pakistan and Morocco. At constant exchange... more

Bezeq updates full year guidance

Israel’s Bezeq has updated its financial guidance for the year ending 31 December 2022, revising previous forecasts made in March 2022. Issuing a statement regarding the matter, the company said... more

Aussie Broadband reveals 46% y-o-y increase in fixed broadband subscriptions in trading update

Aussie Broadband has published a trading update for the quarter ended 30 June 2022, reporting a 46% year-on-year increase in fixed broadband subscriptions, with its total rising to 584,793 (Jun-21:... more

Altice USA rebrands Suddenlink assets as Optimum

Altice USA has announced that its Suddenlink brand has been rebranded to Optimum, bringing the company’s telecoms products and services under one unified brand across its entire footprint. The planned... more

Miscellaneous

TRA publishes new regulation on quality of services

Oman’s Telecommunications Regulatory Authority (TRA) has issued Decision No. 108/2022 to regulate and monitor the quality of telecoms services in the Sultanate. The new regulation comprises basic requirements needed to... more