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11 May 2023

Mobile

Estonia completes 26GHz auction after single bidding round

Estonia’s Consumer Protection and Technical Regulatory Authority (Tarbijakaitse ja Tehnilise Jarelevalve Amet, TTJA) has announced that the three incumbent cellcos have won 5G licences in the 26GHz (24.7GHz-27.1GHz) band. Each... more

Enea confirms development of multi-vendor 5G SA core solution in Telenor-led project

Swedish vendor Enea has announced the development of what it called an ‘innovative end-to-end automated deployment solution with 5G Standalone (SA) Core’, under a project led by Norway’s Telenor which... more

IoT Time: Internet of Things digest

Qatari network operator group Ooredoo has agreed to provide managed IoT connectivity for US-headquartered public safety connected technology firm Axon across Algeria, Tunisia, Jordan, Kuwait, Qatar, Oman, Iraq and Bahrain.... more

Airtel renews Nigerian 3G licence for USD127m

Airtel Africa has announced that its Nigerian unit has renewed its existing 2100MHz spectrum licence with the Nigerian Communications Commission (NCC) for a period of 15 years, effective from 1... more

Rakuten strikes mutual roaming deal with KDDI to ease crippling investment costs

Japan’s under-pressure fourth mobile operator Rakuten Mobile has secured a new agreement with rival KDDI (au) for mutual network roaming in the 23 wards of Tokyo and other major cities... more

Verizon, Vertical Bridge unveil tower collaboration

Verizon Wireless and Vertical Bridge have entered into an agreement to build cell towers to expand Verizon’s 4G and 5G ‘Ultra Wideband’ network in selected locations across the US. Vertical... more

Fixed Broadband

T-Mobile, DELTA Fiber enter long-term fixed, mobile network access agreement

T-Mobile Netherlands and DELTA Fiber Nederland have struck a long-term agreement to provide services via each other’s networks. Under the agreement, T-Mobile’s fixed internet and TV services will become available... more

Corporate/Financial

LG Uplus records drop in first quarter net profit on compensation for network failures

South Korea’s LG Uplus has reported a 9% year-on-year drop in net profit for the first quarter of 2023, attributable to compensation for network failures and data leaks in the... more

DT reports EUR15.4bn net profit for Q1 on tower business sale

German telecoms group Deutsche Telekom (DT) has reported net revenue of EUR27.84 billion (USD30.5 billion) for the three months ended 31 March 2023, a slight increase of 0.3% from EUR27.75... more

Telefonica Q1 revenues up to EUR10.05bn, but profits down

Spanish telco Telefonica claimed it remains on course to reach its financial goals for FY 2023 after it posted Q1 2023 net earnings that were markedly down, despite an improvement... more

TIM reports 4.3% rise in organic revenues in Q1

Telecom Italia Group (TIM Group) has reported revenues of EUR3.85 billion (USD4.22 billion) for the first three months of 2023, up 4.3% year-on-year on an organic basis. The group was... more

TM becomes latest to terminate deal to acquire DNB stake

Telekom Malaysia has become the latest company to withdraw from a deal to acquire a stake in Digital Nasional Berhad (DNB), following the announcement last week that the Malaysian government... more

Axiata to reposition its Indonesian businesses to foreground FMC services

Malaysia’s Axiata Group has set out plans to reposition is Indonesian businesses – mobile operator XL Axiata and fixed broadband provider Link Net (First Media) – as a converged services... more

Unifique acquires Santa Catarina-based ISP Concordia

Brazilian regional operator Unifique has entered into an acquisition agreement for Concordia ClientCo Telecomunicacoes, an ISP which is operational in western Santa Catarina. Concordia, which inherited a client portfolio from... more

Oak Hill Capital invests USD150m in Lit Communities

Oak Hill Capital has committed USD150 million in primary capital to Lit Communities to further fund and accelerate the construction of Lit's fibre-based network in unserved and underserved communities across... more

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