12 May 2023

The New Zealand government has signed an agreement with the country’s three major mobile network operators (MNOs) – Spark, 2degrees and One New Zealand – for a direct allocation of... more

South Korea’s Ministry of Science and ICT (MSIT) has confirmed that, having conducted a performance check relating to SK Telecom’s (SKT’s) utilisation of 28GHz frequencies for 5G connectivity, it plans... more

The Utilities Regulation and Competition Authority (URCA) has launched a public consultation regarding 5G in the Bahamas. The consultation follows a stakeholder engagement exercise in 2022, which involved dialogue with... more

Sparkle has announced the landing of its private submarine cable BlueMed in Palermo (Italy), marking the completion of the deployment of the Genoa-Golfo Aranci-Pomezia-Palermo Tyrrhenian section. BlueMed is part of... more

AT&T Communications and BlackRock, through a fund managed by its Diversified Infrastructure business, have closed their joint venture to form Gigapower. Going forward, AT&T and BlackRock will jointly own and... more

German telecoms operators Deutsche Glasfaser and NetCologne have announced the signing of memorandum of understanding (MoU) for open access fibre-optic network cooperation. Under the agreement, Deutsche Glasfaser will provide NetCologne... more

Fiberklaar, the joint venture between Belgian full-service operator Proximus and Sweden’s EQT Infrastructure, announced it has doubled the span of its fibre network over the last six months to more... more

Vodafone Group and UAE-based e& have announced they have agreed ‘a strategic relationship that brings the two operators closer together in certain aspects of their businesses’. As part of this... more

Regional carrier MTN Group reported yesterday (11 May) that its consolidated service revenues rose to ZAR52.831 billion (USD2.77 billion) for the three months ended 31 March 2023, up 15.6% from... more

Grain Management is aiming to raise USD4 billion for Grain Communications Opportunity Fund IV, which intends to make equity investments in businesses in the fixed broadband, data centre and cell... more

Mozambique’s Minister of Transport and Communications has warned that state-backed Mocambique Telecom (Tmcel) risks collapse if urgent action is not taken to shore up its business. Lusa cites Mateus Magala... more

A consortium of investors led by Zimbabwean businessman Edd Branson under the New York-based Afri-USA Business Initiative is looking at buying stakes in three mobile network operators in Benin, Chad... more

Nippon Telegraph and Telephone Corporation (NTT Corp), Japan’s largest telecoms group by subscriptions and revenue, reported operating revenues of JPY13.136 trillion (USD97.76 billion) for the twelve months ended 31 March... more

Kuwait-based telecoms group Zain has published its consolidated financial results for the three months ended 31 March 2023, reporting a 15% increase in revenues year-on-year to KWD468 million (USD1.53 billion),... more

Saudi Telecom Company (stc) has published its financial results for the three months ended 31 March 2023, reporting a 2.4% increase in net profit to SAR3.109 billion (USD828 million) from... more

Airtel Africa – the African division of Indian telecoms group Bharti Airtel – has reported its financial results for the final quarter of its financial year and for the full... more

Hungary’s Magyar Telekom reported that its total revenue increased by 12.5% year-on-year to HUF195.9 billion (USD577 million) in Q1 2023, primarily driven by strong growth in mobile data, higher ‘system... more