Brazilian telco operator Oi has announced the ending of its local version of Chapter 11 bankruptcy protection. A court in Rio de Janeiro announced the reconstruction proceedings on December 14th and said that Oi had met the key terms regarding debt payments. Its bankruptcy was Brazil’s biggest-ever (some 65 Brazilian Reals, about €11.2m) and 55,000 […]
Lifecycle Software has announced its billing customer base has grown by over a third (36%) in just eight months whilst also increasing its headcount by almost a quarter (21%) to support the sharp rise in the demand for 5G enabling services, cloud-based platforms and flexible contracts resulting from consumer demands and the impact of the […]
Global spending on telecommunications and pay-TV services will be nearly $1.6 trillion (€1.6tn) in 2022, representing a year-over-year increase of 1.9 per cent, according to the International Data Corporation (IDC) Worldwide Semi-annual Telecom Services Tracker. The latest forecast is a bit more optimistic than the version published in May as it assumes growth in total market […]
Smaller Spanish telcos – namely Digi, Avatel and Finetwork – are increasingly gaining momentum in the country, reaching 1.45 million FTTH customers and snapping at the heels of the established operators. The three smaller operators have gained 400,000 FTTH customers since January and could reach 2 million in the first half of next year, according […]
As European legislators make progress on the landmark EU Data Act, a study commissioned by ETNO and authored by LE Europe brings a fresh perspective on the impact of the draft regulation on European telecom operators and their business models. The study mentions European Commission figures underlining that the Data Act can unlock a series of major […]
Findings from Leichtman Research Group (LRG) indicate that 66 per cent of TV households in the US have some form of pay-TV service. The percentage of TV households that have a live pay-TV service (via cable, satellite, Telco, or Internet-delivered vMVPD) is down from 79 per cent in 2017, 88 per cent in 2012, and […]
Following the release of a Statement by 16 leading European telcos calling for the largest traffic generators to make a fair contribution to the costs they currently impose on European networks, mobile industry trade body has added its voice to the debate. “Mobile is one of the greatest technology success stories of all time, making […]
The telecoms sector will be the fastest-growing industry in Africa over the next five years as internet connectivity improves, according to research from blockchain-based mobile network operator World Mobile. When asked to pick the three sectors that they believe will see the strongest growth over the next five years, three out of four (75 per […]
A few months after the start of the Ukraine invasion, regional TMT companies started publishing their periodical reports, giving more insights on how current political circumstances have affected them. The most significant impact of the war is reflected on revenues, as Russia suffered an unprecedented depreciation of the ruble which reached a peak in early […]
Singapore-based Kacific Satellite says it has deployed its broadband satellite equipment at more than 2,500 sites in Indonesia for Bakti, the government’s Telecommunications & Information Accessibility Agency. Kacific has been working with ‘Bignet’, backed by Bis Data Indonesia and Primacom Interbuana on the project. Kacific CEO Christian Patouraux said: “Bakti’s project aligns with Kacific’s mission […]