(Telecompaper) French operator Bouygues Telecom has lowered its full year outlook for the group on the back of a worsening situation at its construction businesses. Guidance for TF1 and Bouygues Telecom remain the same. For the group, the company now expects an unchanged or slightly decreased operating profit, as compared to the year before.
(Telecompaper) Telia Company has revised its forecast for full year adjusted EBITDA upwards after a 1.8 percent year-on-year rise in third quarter local currencies and a 6.4 percent increase in reported currency to SEK 6.98 billion. Adjusted EBITDA is growing in six out of seven countries, with Finland, Norway and its central units the main drivers. Telia said it is "not happy" with the pace of turnaround in Sweden and will move some platforms and staff to a new Common Products and Services unit.
(Telecompaper) Reliance Industries (RIL) has acquired a 66 percent stake in Den Networks and 51.3 percent in Hathway Cable and Datacom in order to expand into the fixed broadband market. The acquisitions of the cable networks is expected to support its plan to bring fibre broadband to 50 million homes across India.
(Telecompaper) Samsung Electronics has announced the launch of wafer production on its next process node: 7-nanometer (nm) LPP (Low Power Plus) with extreme ultraviolet (EUV) lithography technology. In a statement the company said 7nm LPP EUV is a significant advance on 10nm processes, allowing up to 40 percent increase in area efficiency with 20 percent higher performance and 50 percent lower power consumption. The new process will help create products that push the boundaries in areas such as 5G, Artificial Intelligence, enterprise and hyperscale data centres, IoT, automotive and networking, said Samsung.
(Telecompaper) Tele2 has again upgraded its full-year outlook again, after a strong set of third-quarter results. Revenue rose 7 percent to SEK 6.538 billion, led by growth in Kazakhstan and Croatia and a return to mobile service growth in Sweden. Adjusted EBITDA was up a stronger 12 percent to SEK 1.984 billion, as the impact of EU roaming price cuts lessened.
(Telecompaper) Ericsson reported stronger sales growth and improved margins in the third quarter, thanks to demand for 5G and a continued focus on cost reductions. Sales increased 9 percent year-on-year to SEK 53.8 billion. On an organic basis, revenues rose 1 percent and were up 5 percent at the main Networks division.
(Telecompaper) Google has announced changes to how it licenses the Android operating system, in order to comply with the European Commission's decision that its current agreements violate competition law. Device makers will be able to create their own versions of Android as well as license Google's Play app store without having to also take Google search apps and the Chrome web browser.
(Telecompaper) America Movil improved EBITDA growth to 7.7 percent in the third quarter, to MXN 71.8 billion, driven by improved margins in Brazil. Revenues rose a slower 2.1 percent to MXN 250 billion. At constant exchange rates, EBITDA increased 13.0 percent year-on-year and revenue was up 3.4 percent.
(Telecompaper) Netflix reported third-quarter results above expectations. The company added a total of 6.07 million new subscribers in the quarter, including 1.00 million in the US, for a total of 130 million worldwide. The results sent the company's share price up 13 percent in after-hours trading.
(Telecompaper) The Telecom Infra Project is moving ahead with developing open-source mobile network equipment, announcing at its third annual summit in London the first requests for information from vendors interested in making new radio systems. Telefonica, Vodafone and Deutsche Telekom are leading the efforts to design and adopt the new equipment.
(Telecompaper) Vodafone, Telefonica, Orange and TIM Brasil have partnered to develop a disaggregated cell site gateway, as part of the Telecom Infra Project (TIP). A spin-off of the earlier TIP Voyager project, the four operators have worked together to define their technical needs for 5G cell site routers, and with the initial two partners, Adva Optical Networking and Edgecore Networks, will produce the Odyssey-DCSG as the first implementation of the technology. The gateway should be available in Q3 2019, the vendors said.
(Telecompaper) Huawei has presented in London its new flagship smartphones, the Mate 20 and Mate 20 Pro. Available from 02 November, the Mate 20 will cost from EUR 799 and the more advanced Pro version will start at EUR 1,049.
(Telecompaper) Polish operator Sferia announced that from 15 October it has withdrawn from sale the following offers: telecommunications services in the variants nomadic telephony, nomadic-mobile telephony and mobile telephony; internet access services; and LTE internet services. Their withdrawal from active sale does not affect service use by current subscribers.
(Telecompaper) Germany's competition regulator has started an investigation into Sky Deutschland's agreement with the streaming platform DAZN on showing the Champions League in Germany. The Bundeskartellamt said it's looking at when and in what form the cooperation between the two companies was established and whether the deal promotes or restricts competition in the interest of consumers.
(Telecompaper) Polish regional cable operator Inea, based in Poznan and serving the Wielkompolska region, has introduced what it claims is the world's fastest fibre-optic, symmetrical broadband, at a speed of 10 Gbps. Apart from Poland, only the residents of Switzerland and some cities in the US, Japan, South Korea and Singapore can use such a fast internet connection. The launch of a 10 Gbps link in Poland was carried out jointly with Nokia. Thanks to the XGS-PON equipment introduced, customers can also expect very low pings, which is of key importance for online entertainment.
(Telecompaper) Qualcomm has released its first chipsets for Wi-Fi in the 60 GHz band. The QCA64x8 and QCA64x1 series deliver 10+ Gbps speeds and wired-equivalent latency, as well as extended device battery life, the vendor said. They are expected to support new applications such as UHD video streaming, VR/AR, mobile screen casting and fixed wireless mesh backhaul.
(Telecompaper) Cloud communications provider Twilio has announced a deal to acquire email API platform SendGrid in an all-stock transaction valued at around USD 2 billion. Twilio said it will offer 0.485 share of its stock for each SendGrid Class A common share, equating to about USD 36.92 per share.
(Telecompaper) Verizon has started taking orders for a new mobile device under the Palm name. The mini phone is designed as a companion to a smartphone, with only a 3.3-inch display and quick access to the most-used apps.
(Telecompaper) UK-based eSIM and IoT technology provider Truphone announced that it has raised a further GBP 18 million in unconditional funding through a successful rights issue valuing the company at GBP 386 million. In a statement it added that a further GBP 36 million has been secured based on the same valuation on a conditional basis. The company said it will use the new funds to deliver its technology to customers at a faster rate, after signing a number of high-value deals.
(Telecompaper) CK Hutchison is reviewing options for its portfolio of mobile phone towers in Italy, including a potential sale, according to unnamed sources cited by Bloomberg. The Hong Kong-based conglomerate took full control of Wind Tre earlier this year after acquiring Veon's 50 percent stake in the Italian operator for EUR 2.45 billion and is now looking to cut debt by divesting all or part of the tower assets, valued at around USD 1 billion, said the sources.