John Malone’s Liberty Broadband to acquire GCI Liberty in stock-for-stock merger: Liberty Broadband Corporation and GCI Liberty have entered into a definitive merger agreement under…
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13 Aug 2020
Wireless
SFR Caraibe launches an 800Mbps LTE-A service in Saint-Laurent du Maroni
 French Guiana  
SFR Caraibe has commercially launched a 4G LTE-A service, called ‘4G Max’, with download speeds of 800Mbps in the town of Saint-Laurent du Maroni (French Guiana), actu-medias.info writes. The theoretical... more
Spectrum cap confirmed for Australia’s planned 26GHz auction
 Australia  
Allocation limits have now been set for Australia’s planned auction of 5G-suitable spectrum in the 26GHz band, which is scheduled to take place in March 2021. Announcing the development, communications... more
Melita applies for 5G trial licence in Malta
 Malta  
Maltese telco Melita has applied to the Malta Communications Authority (MCA) for permission to trial 5G technology. The trial, which will take place at a limited number of selected sites,... more
Corporate/Financial
John Malone’s Liberty Broadband to acquire GCI Liberty in stock-for-stock merger
 United States  
Liberty Broadband Corporation and GCI Liberty have entered into a definitive merger agreement under which Liberty Broadband has agreed to acquire GCI Liberty in a stock-for-stock merger. Both companies are... more
Cable ONE snaps up stakes in regional ISPs
 United States  
US cableco Cable ONE has confirmed that it has acquired stakes of various sizes in a number of regional ISPs. Firstly, the takeover of ValueNet, an all-fibre provider operating in... more
BC Partners offloads remaining Altice USA stake
 United States  
Altice USA has confirmed that long-term shareholder BC Partners has exited the business, noting: ‘After the market close today [12 August], funds advised by BC Partners elected to sell approximately... more
Helios Towers to acquire more than 1,200 sites from Free Senegal
 Senegal  
Independent telecoms infrastructure company Helios Towers has agreed a deal to acquire the passive infrastructure assets of Free Senegal, the country’s second largest mobile network operator, for an upfront cash... more
DT Q2 revenue boosted by Sprint consolidation
 Germany  
Germany’s Deutsche Telekom (DT) has reported net revenue of EUR27.04 billion (USD31.8 billion) for the three months ended 30 June 2020, an increase of 37.5% from EUR19.66 billion in the... more
Telstra reports revenue, net profit declines in FY20
 Australia  
With Telstra’s CEO Andrew Penn highlighting the ‘extraordinary disruption’ caused by the COVID-19 and bushfire crises, the Australian telco has published its financial results for the year ended 30 June... more
Turk Telekom Q2 turnover climbs 21% as it meets broadband demand spike
 Turkey  
Consolidated revenues at fixed and mobile operator Turk Telekom (TT) increased to TRY7.0 billion (USD960 million) in the second quarter of 2020, up by 21.0% year-on-year, or if excluding IFRIC... more
MegaFon sales dip 8.3% in 2Q20; OIBDA margin stays flat
 Russia  
Russian mobile operator MegaFon announced that its consolidated revenues in Q2 2020 decreased by 8.3% year-on-year to RUB78.5 billion (USD1.1 billion), with service revenue down by 6.9% y-o-y to RUB73.4... more