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Today โ€” March 30th 2020Telecompaper Headlines

Nkom names qualified bidders for 5G spectrum auction after accidental revelation

(Telecompaper) Nkom said that Ceragon Networks, Funn, GlobalConnect, Ice Communications Norway, Telenor Norway and Telia Norway have qualified to take part in the auction of radio frequency resources starting on 06 May. The deadline for applications was 12 March. This concerns spectrum in the 10 GHz, 13 GHz, 18 GHz, 23 GHz, 28 GHz, 32 GHz and 38 GHz bands.

  • March 30th 2020 at 13:58

Apple releases Covid-19 app, website with White House, FEMA

(Telecompaper) Apple has released a Covid-19 app together with the White House Coronavirus Task Force and the US's Federal Emergency Management Agency, to make it easier for people across the country to access reliable information and guidance. The app and website give information about risk factors, recent exposure and symptoms, and explain when a person should contact a medical provider. They also direct users to other information resources. 

  • March 30th 2020 at 13:40

Teleste withdraws FY financial guidance due to uncertainty caused by Covid-19

(Telecompaper) Finnish network equipment specialist Teleste said it is withdrawing its financial guidance for 2020 issued on 13 February, because of the potential impact of the Covid-19 pandemic and economic uncertainty. Teleste had predicted that net sales would not deviate materially from the EUR 235.5 million achieved for the 2019 full year, and predicted an adjusted operating profit of EUR 6-10 million compared with EUR 7.7 million in 2019.

  • March 30th 2020 at 09:22

SK Telecom tops 2 mln 5G subscribers, nearly 45% 5G market share in first year

(Telecompaper) South Korean operator SK Telecom has reached 2.22 million 5G subscribers and 44.7 percent 5G market share, according to a report from the Korean Ministry of Science and ICT released in January. SK Telecom commercially launched its 5G service on 3 April 2019. SK Telecom also reports it has created around 70 5G Clusters in key commercial districts and densely populated areas throughout the nation. To date, around 1 million customers visited SK Telecom's 5G Clusters to test 5G services such as 'Jump AR Zoo' and '5G LoL Park.'

  • March 30th 2020 at 07:48

OneWeb files for bankruptcy as Covid-19 stalls funding talks

(Telecompaper) London-based satellite communications company OneWeb has filed for Chapter 11 bankruptcy protection in the US as it looks to complete a sale of the business.

  • March 29th 2020 at 21:29
Before yesterdayTelecompaper Headlines

Xiaomi unveils cheaper Mi 10 Lite 5G, along with more connected devices

(Telecompaper) Xiaomi has officially added more products to its Mi portfolio, including the Mi 10 Lite, along the further expansion of its Mi 10 and Mi 10 Pro smarpthones, plus five more products, including a few routers, an air purifier and earphones. The Mi 10 and Mi 10 Pro were earlier unveiled, and launched in China last month. They will now become available, along with the other devices, in more global markets, Xiaomi said, without giving further specifications.

  • March 27th 2020 at 17:14

Singtel's Hooq Digital files for liquidation

(Telecompaper) Hooq Digital, 76.5 percent owned by Singapore operator Singtel, said it has filed for liquidation, the Singapore Business Times reported. Sony Pictures and Warner Bros Entertainment also have stakes in the joint venture, which failed to take off after launching five years ago. Hooq said the OTT video market has undergone significant structural changes since then.

  • March 27th 2020 at 13:41

Facebook mulls acquisition of Reliance Jio stake โ€“ report

(Telecompaper) Facebook seeks to acquire a multibillion-dollar stake in Reliance Jio. The Indian operator's mobile internet service has attracted nearly 370 million Indian customers in just three years, The Financial Times reports, citing two unnamed sources with knowledge of the discussions. According to one of these sources, Facebook nearly signed a preliminary deal for a 10 percent share in Jio, but the deal timetable was negatively impacted by the global lockdowns caused by the coronavirus outbreak.

  • March 27th 2020 at 13:18

Summary of international coronavirus-related telecoms and media news - week 13

(Telecompaper) The coronavirus (Covid-19) pushes all the regular telecom and media news into the background - and for good reason. The impact, also on these sectors, is enormous. Here is a rundown of the international news, classified by sub-topic.

  • March 27th 2020 at 12:01

Covid-19 travel restrictions to cost operators USD 25 bln in roaming revenues

(Telecompaper) The impact of coronavirus on the international travel industry could result in network operators losing over USD 25 billion in revenues over the next 9 months, according to a report from Juniper Research. Under the more likely high impact scenario, over 650 million passenger trips will be cancelled due to the pandemic before the end of the year, affecting over half of all roaming revenue for the period.

  • March 27th 2020 at 09:31

Sinch to buy Brazil's Wavy from Movile, sees up to BRL 20 mln synergies in 2 years

(Telecompaper) Swedish mobile messaging service provider Sinch said it has signed a definitive agreement to acquire Brazilian messaging company Wavy for BRL 355 million in cash and 1.53 million new shares issued to owner Movile, and expects to complete the deal in the second half of 2020. Merger synergies are expected to reach BRL 15-20 million over the coming 24 months. Sinch has increased its credit facility by SEK 600 million for future acquisition opportunities, too.

  • March 27th 2020 at 09:51

Magyar Telekom, Telenor, Vodafone Hungary pay HUF 128.5 bln for 5G licences

(Telecompaper) Magyar Telekom, Telenor Hungary and Vodafone Hungary paid a total of HUF 128.5 billion (EUR 363 million) for 15 years of usage rights for the 700 MHz, 2,100 MHz and 3,600 MHz bands in telecom authority NMHH's latest auction. Due to the epidemic situation, the 5G auction took place under special circumstances.

  • March 27th 2020 at 08:41

Huawei unveils new P40 flagship smartphone series

(Telecompaper) Huawei has unveiled its new P40 flagship smartphone range. The P40 Lite, P40 and P40 Pro models will be available from 07 April starting at respectively EUR 299, EUR 799 and EUR 999, and the P40 Pro+ with five cameras will follow in June for EUR 1,399. 

  • March 26th 2020 at 14:38

Telia cuts FY outlook as virus hits TV & Media, reduces dividend proposal

(Telecompaper) Telia Company said the effects of the Covid-19 pandemic will cause it to miss its 2020 forecast for group EBITDA and operational free cash flow, and that it will reduce its dividend proposal to the AGM. This is because of the impact on Telia's television and media operations, while the effects on the rest of its business are currently limited. There could be an EGM in the autumn to vote on an extra dividend, the company added.

  • March 26th 2020 at 13:43

Huawei CEO says R&D push to help offset US sanctions, virus impact

(Telecompaper) Huawei CEO and founder Ren Zhengfei has acknowledged the company's sales are suffering outside China due to the US sanctions as well as the spread of the coronavirus. However, in interviews with the Wall Street Journal and South China Morning Post, he said the company had quickly resumed production in China and was spending heavily on R&D to ensure it maintains its technological lead. 

  • March 26th 2020 at 10:23

Telia Norway launches fixed wireless broadband with outdoor receiver and Zyxel Wi-Fi 6 router

(Telecompaper) Telia Norway has announced the launch of fixed wireless broadband, running on its 4G network and ready to upgrade to 5G before long. It offers service at 25 Mbps, 50 Mbps and 75 Mbps at a set monthly price, although Telia did not state what this was. Telia supplies a dedicated outdoor receiver, indoor Wi-Fi 6 router from Zyxel, and its own Trygg pa Nett security service.

  • March 26th 2020 at 09:37

EU privacy regulators back plan to use telecom data to track coronavirus

(Telecompaper) The European Data Protection Supervisor has backed the European Commission's plans to collect anonymised data from telecom operators to help track developments in the coronavirus crisis. The EDPS said the plans do not violate EU data protection laws. The EDPB earlier expressed a similar stance, saying national legislation on the matter is also possible. 

  • March 26th 2020 at 09:30

Apple mulls delaying first 5G iPhone launch due to coronavirus - report

(Telecompaper) Apple is preparing to possibly delay the launch of its first 5G iPhones as the coronavirus pandemic threatens global demand and disrupts the company's product development schedule, sources familiar with the matter told the Nikkei Asian Review. The company has held internal discussions on the possibility of delaying the launch by months, three people familiar with the matter said, while supply chain sources say practical hurdles could push back the release, originally scheduled for September.

  • March 26th 2020 at 08:23

Samsung shuts factories in Brazil, India due to coronavirus

(Telecompaper) The Samsung factory in Manaus (Brazil) has stopped production during the period 24-29 March, as a preventive measure against the coronavirus, reports O Globo. The employees of the factory are on paid leave. Samsung also halted production at its smartphone factory in India, in compliance with the government-imposed lockdown there to stem the spread of the virus. 

  • March 25th 2020 at 11:00

Altice France meets FY targets as EBITDA growth accelerates to 19.6% in Q4

(Telecompaper) Altice Europe posted fourth-quarter results ahead of market expectations after revenue and EBITDA growth accelerated in its core market of France. The group met its full-year free cash flow objective, as EBITDA from the French operations slightly exceeded 2019 guidance. For 2020, it expects to generate higher revenues and EBITDA, targeting faster residential revenue growth in its key geographies.

  • March 25th 2020 at 10:24
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