South Africa’s Openserve, currently a subsidiary of telco Telkom, and which looks after the operator’s wholesale business division, is to be given a listing on the Johannesburg stock exchange (JSE). This move is additional to the separate JSE listing of the spinning off of its Swiftnet masts and towers division – and a likely 20 […]
The quarterly variations in the pace of US traditional multichannel erosion offered slight improvement in the second quarter of 2021 without fundamentally altering the longer-term trajectory, according to Kagan, a media research group within S&P Global Market Intelligence. Losses to cable, telco and satellite video services slowed from the year-ago period to 1.5 million and […]
Southeast Europe—focused telecommunications services and media provider United Group has reached an agreement with Crystal Almond Holdings Limited to acquire Greek multiplay telco Wind Hellas, one of the country’s three mobile operators. Wind has a total of 4.2 million users and offers mobile, fixed, Internet, and television services. It generates revenues in excess of €500 […]
Telia, the Swedish multinational telco, has reported that net sales declined 1.1 per cent to SEK 43,691 million (€42.5m) and like for like, net sales increased 2.4 per cent in H1. Service revenues decreased 3.1 per cent to SEK 37,629 million and like for like, service revenues increased 0.4 per cent in the same period. […]
There was a 24 per cent increase in the amount of digging work performed by the UK’s telecoms industry last year, according to Digging up Britain 2021. The report by LSBUD, which provides a free to use online search facility for underground pipes and cables, reveals that there were 1,125,843 searches through its portal by […]
Worldwide spending on telecommunication and pay TV services will reach $1.55 trillion in 2020, a decrease of 1.4 per cent year over year, according to the International Data Corporation (IDC) Worldwide Semi-annual Telecom Services Tracker. IDC expects the market to start its recovery next year, but pre-crisis spending levels will not be reached before 2022. […]
Local reports suggest that Amazon is in early-stage discussions to take a stake in Indian telco giant Bharti Airtel. Bharti is India’s third-largest telco with over 300 million subscribers. The reports say that Amazon is looking to pick up a 5 per cent stake in Bharti. Bharti’s rival Reliance Jio has recently seen a slew […]