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Fitch: 4G Spectrum Win Reduces AIS's Rating Headroom

Thailand’s Advanced Info Service (AIS), which won 4G spectrum at a recent auction, should have sufficient buffer to support the investment, although its credit metrics are likely to deteriorate, which will reduce its rating headroom, Fitch Ratings says. The final prices for Thailand’s 1.8GHz telecoms spectrum at the auction on 12 November 2015 were significantly higher than Fitch’s expectation. If ... Read More »

Ooredoo Signs 5-Year Network Upgrade Contracts

Published on: 24th Nov 2015 Qatar based Ooredoo Group has signed 5 year contracts with both Ericsson and Alcatel Lucent. The agreement with Ericsson is for the supply of radio, core and transmission solutions, as well as related implementation and integration services. The agreement includes 2G, 3G and 4G radio equipment and indoor small cells solutions. It also covers Mobile ... Read More »

Singapore Telcos' Credit Profiles Intact Despite New Mobile Network

Published on: 23rd Nov 2015 Fitch Ratings says that the credit profiles of Singapore telcos will remain stable, supported by moderate competition, stable profitability and slowing capex. However, Singtel’s rating headroom remains limited, as its funds flow from operations (FFO)-adjusted net leverage is likely to stay close to Fitch’s 2.0x negative guidance because of high capex and dividend commitments. Fitch ... Read More »

Sprint Raises $1.1 Billion in Leaseback Deal

Published on: 23rd Nov 2015 USA based Sprint has signed a deal with newly formed Mobile Leasing Solutions, for the sale and lease back of certain leased devices which is expected to provide the company with approximately $1.1 billion in cash proceeds at closing. The cash proceeds are part of approximately $1.2 billion in total consideration that are expected to ... Read More »

Study Examines Reasons Mobile Money Customers are Often Inactive

Published on: 23rd Nov 2015 IFC, a member of the World Bank Group, has published a research study looking at why a large portion of registered users of digital financial services never or only rarely use the service. The phenomenon is observed in many emerging markets, posing a key challenge to the expansion of financial inclusion. The study is based ... Read More »

Breaking Down the Barrier of Fog Networks and the Telecom Cloud

With the growth of mobile broadband data traffic and the Internet of Things (IoT), connecting devices through the cloud is now commonplace. Though the cloud computing architecture works well today, it is uncertain whether or not the current infrastructure will be capable of adding billions of latency sensitive devices in the future. This expected surge in connected devices has innovative ... Read More »

Nokia Networks boosts coverage and speed of Vinaphone network

Published on: 23rd Nov 2015 VNPT Net, a state owned operator and subsidiary of the Vietnam Posts and Telecommunications Group (VNPT), has contracted Nokia Networks to provide and roll out its 3G network. Under the contract, the company delivered its Single RAN radio access network, core network elements, partner products and services expertise to bolster VNPT – Net’s infrastructure serving ... Read More »

Rcom's Sistema Deal May Signal More Indian Telco Mergers

Reliance Communications’ (Rcom) acquisition of Sistema Shyam Teleservices may spark further Indian telco M&A, Fitch Ratings says. Larger operators are likely to seek acquisitions as they require more spectrum to support their fast growing 3G 4G service revenues while smaller, loss making telcos will be willing sellers due to rising competition and the regulator’s decision to relax spectrum rules. Competition ... Read More »

China Mobile Drops Apple Slogan Following Lawsuit

Published on: 19th Nov 2015 China Mobile has removed Apple’s official brand slogan for its latest iPhones following a lawsuit accusing it of breaching advertising legislation. The slogan, “The only thing that’s changed is everything” was removed from the China Mobile website after a Chinese court agreed to hear the lawsuit, which was filed by a lawyer, surnamed He. The ... Read More »