TeleGeography Logo

12 May 2023


Spark, 2degrees, One New Zealand secure C-band spectrum

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

MSIT confirms it will cancel SKT’s 28GHz licence

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

URCA launches public consultation after stakeholder engagement suggests ‘limited demand’ for 5G

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

Fixed Broadband

Cable Compendium: a guide to the week’s submarine and terrestrial developments

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, BlackRock launch Gigapower open access platform

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

Deutsche Glasfaser, NetCologne announce fibre-optic cooperation

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 fibre network grows to 2,200km

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 e& form ‘strategic relationship’

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

MTN Group Q1 service revenues up 15.6%; company in ‘advanced talks’ to sell three West African subsidiaries

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

US round-up: Grain targets USD4bn for telco investments; Great Plains and USA Communications ink upgrade contracts

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

Tmcel at risk of collapse says Mozambique minister

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

Edd Branson-led investors aiming to enter Benin, Chad, Gambia mobile markets

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

NTT Corp’s FY23 revenues and profits improved, but forecasts weaker revenues in FY24

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

Zain Group reports a 15% annual net income growth in 1Q23

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

stc posts a 7.5% increase in revenues in Q1 2023

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 books steady revenue, profit growth

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

Magyar Telekom’s Q1 turnover rose by 12.5%

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

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.