(Telecompaper) Ceconomy, the owner of retailers Media Markt and Saturn, has announced the departure of chief executive officer Jorg Werner, after an extraordinary supervisory board meeting.
(Telecompaper) The expansion of fibre broadband in the Netherlands is at risk due to competitive operators duplicating networks, the ACM warned. The competition and telecom regulator's fibre market study suggests operators should cooperate more on the roll-out and local authorities can do more to stop duplicate networks.
(Telecompaper) Global tech distributor Ingram Micro has confirmed that it is will close down its South African business because of the relatively small size of its operations there. It cited the limited number of product lines that are available in South Africa as a reason for its decision, too. Ingram Micro will continue to offer services to South African customers from Europe, which it believes will allow it to "provide a more robust suite of offerings".
(Telecompaper) The Italian mobile market added a total of 3.0 million lines in the 12 months to end of June 2019, due mainly to a 4.3 million rise in M2M lines, which offset a 1.3 million decline in traditional human SIMs, according to the latest report from regulator Agcom corresponding to the second quarter of 2019. Wind Tre continued to lead the market of human SIMs at the end of June with a 31.5 percent share, down 3.1 percent year on year, above all as a result of the 4.7 percent market share attained by new entrant Iliad in its first 13 months of activity.
(Telecompaper) O2 UK has switched on its 5G mobile network in Belfast, Cardiff, London, Edinburgh, Leeds and Slough. The network will be extended to reach a total of 20 towns and cities by end-2019 and to 50 by summer 2020. O2 is launching 5G on its Custom Plans, with unlimited data at the same price as its 4G equivalents. The 5G network infrastructure is being rolled out with Ericsson and Nokia.
(Telecompaper) Tele2 Group said net profit from total operations almost doubled in the third quarter, driven by the Com Hem merger in Sweden, with underlying EBITDA up by 5 percent on an organic basis excluding IFRS 16. Revenue and end-user service revenue were flat year on year. It has lowered its capital expenditure guidance range for the year and is on track to fulfil its other FY guidance.
(Telecompaper) Telia has decided to cancel its share buyback programme, in order to save cash for investments and a possible economic downturn. While the group's third-quarter results showed a small improvement compared to the first half, acting CEO and former CFO Christian Luiga said service revenue was improving slower than expected and the outlook for operating cash flow in 2020 was less certain.
(Telecompaper) Netflix said revenues for the third quarter lifted 31 percent year-on-year to USD 5.24 billion. The company added 517,000 paying customers in the US and 6.255 million international clients in the quarter. The US additions came in below management expectations of 800,000. The board attributed this to a slightly higher than normal churn after the price increase of last year. The second figure was slightly better than the expected 6.20 million.
(Telecompaper) Ericsson has lifted its sales target for 2020 on a faster-than-expected expansion of the 5G market and said it also targets a higher margin from 2022 thanks to investments in growth. The new forecasts came alongside third-quarter results showing a small slowdown in organic growth and losses due to its legal troubles with US authorities.
(Telecompaper) Telefonica has announced the launch of new corporate products and services based on big data and artificial intelligence (AI) technology at the third edition of its LUCA Innovation Day held in Madrid. The company unveiled a new platform called Movistar Living Apps, allowing companies and organisations to create unique experiences for customers using Telefonica devices in their living rooms under a HaaC (Home as a Computer) model.
(Telecompaper) The European Commission has ordered Broadcom to change its sales practices after finding the company abused its dominant position in the market for set-top box and modem chips. The company has 30 days to stop the anti-competitive practices and inform customers, and Broadcom could face further penalties once the Commission completes its investigation.
(Telecompaper) Huawei maintained sales growth in the third quarter, despite the US ban on doing business with the company. The company reported revenues for the first nine months of 2019 up 24.4 percent year-on-year to CNY 610.8 billion, a small improvement from the 23.2 percent growth in the first half of 2019.
(Telecompaper) America Movil reported a return to revenue growth in the third quarter, of 0.2 percent to MXN 248 billion. Underlying service revenue growth, excluding forex effects, accelerated to 2.5 percent compared to 2.3 percent in the previous quarter.
(Telecompaper) Google is rebranding its Wi-Fi router under the Nest name, in an attempt to turn the device into a hub for the smart home. The new Nest Wifi offers a router with mesh networking points, as well as an integrated speaker in order to access the Google Assistant. The speaker is the same as the new Nest Mini, a rebrand of the Google Home Mini.
(Telecompaper) Google has unveiled its new Pixel 4 smartphone, offering an improved Google Assistant, the new Motion Sense system for gesture control, an upgraded camera and a new Recorder app that also transcribes speech. The Pixel 4 will ship globally from 24 October.
(Telecompaper) Indosat Ooredoo has sold 3,100 telecom towers to two Indonesian companies for IDR 6.39 trillion (about USD 456 million), the Jakarta Post reported. Daya partner Telekomunikasi (Mitratel) will buy 2,100 towers while Professional Telekomunikasi Indonesia (Protelindo) will purchase the remaining 1,000.
(Telecompaper) Hong Kong's Office of the Communications Authority (OFCA) has announced that a total of 200 MHz of spectrum in the 3.5 GHz band was successfully auctioned off to four mobile network operators. The total spectrum utilization fees (SUFs) amount to HKD 1.006 billion. China Mobile Hong Kong (CMHK), Hong Kong Telecommunications (HKT), Hutchison Telephone Company Limited (HTCL) and SmarTone Mobile Communications took part in the 3.5 GHz band auction.
(Telecompaper) Huawei's Nova 5T smartphone is set to launch soon in Europe, coming next month to the UK from GBP 399, Mobile News reported. The phone, equipped with five AI cameras and sporting an array of iridescent colours, will also come with full Google services, with Android 9 Pie OS. No official launch data has been given but the phone will in the UK be available at EE, Vodafone, O2 UK, Carphone Warehouse, Argos, Amazon, John Lewis and Shops Direct.
(Telecompaper) Qualcomm Technologies announced that its Snapdragon X55 5G Modem-RF System was selected by over 30 global original equipment manufacturers (OEMs) for commercial 5G fixed wireless access (FWA) customer-premises equipment (CPE) device launches starting in 2020. Those working with Qualcomm Technologies include the following OEMs and product providers: Arcadyan, Askey, AVM, Casa Systems, Compal, Cradlepoint, Fibocom, FIH, Franklin, Gemtek, Gongjin, Gosuncn Technology Group, Inseego, LG, Linksys, MeiG, Netgear, Nokia, Oppo, Panasonic Mobile Communications, Quanta, Quectel, Sagemcom, Samsung Electronics, Sharp, Sercomm, Sierra Wireless, Sunsea, Technicolor, Telit, Wewins, Wingtech, WNC, and ZTE.
(Telecompaper) Colombia's Ministry of Information Technology and Communications (Mintic) has announced that it will finally be holding a long-delayed auction for LTE spectrum in the 700MHz, 1.9GHz and 2.5GHz bands on 12 December 2019. The tender follows the approval of Colombia's new ICT law earlier this year containing numerous initiatives designed to bridge the country's digital divide and implement president Ivan Duque's election pledge to bring internet to 100 percent of Colombians by 2022.