Monday , 12 November 2018
Breaking News


Damage to telecoms facilities slows down broadband penetration – NCC – Daily Trust

The Nigerian Communications Commission (NCC) has said damage made to telecommunication infrastructure in some parts of the country slows down the Federal Government’s efforts to achieve the 30 percent broadband penetration by end of 2018. The NCC Head of Zonal Operations, Miss Helen Obi, said this yesterday at a one-day Sensitization Programme on the Protection of Telecommunications Infrastructure in Minna, ... Read More »

Asian Stocks Advance; SoftBank’s Domestic Telecoms Unit to List in December

© Reuters. Asian stocks advanced in afternoon trade – Asian stocks advanced in afternoon trade on Monday, with Chinese stocks gained more than 1%. that SoftBank Group Corp’s domestic telecoms unit received approval to list on the Tokyo Stock Exchange on Dec. 19 received some focus. The initial public offering (IPO) would be worth around 2.4 trillion yen ($21.04 ... Read More »

Last week in telecoms: sector slightly underperforms the market, fibre joint ventures in focus

The European telecoms sector slightly underperformed the general market in week 45. Our index ended the week up 0.3 percent, versus a gain of 0.5 percent for the EuroStoxx 50 index. MasMovil (-14%), buying back shares in a capital hike, was the week’s weakest share. Freenet (-12%) responded negatively to its third quarter results. Inmarsat (-10.0%) was also weak on ... Read More »

SEAR Telecoms hits back at Mislatel over supposed ties with TierOne

Metro Manila (CNN Philippines, November 11) — The feud between two groups of companies vying to become the country’s third major telecommunications player continues. SEAR Telecoms — a business venture of Mindanao-based TierOne Communications, the Luis Chavit Singson Group of Companies, and a few foreign businesses — insisted that one of its members, TierOne, has existing ties with Mindanao Islamic ... Read More »

Britain flashes amber light at Huawei with review of telecoms supply chains – The Australian Financial Review

London | The British government has launched a probe into the security of supply chains in its fast-evolving telecommunications industry, in a move that will kick-start debate over the key role of Chinese telco giant Huawei in the country’s telecoms infrastructure. Britain’s review comes just months after Australia and the US effectively blocked Huawei and fellow Chinese equipment maker ZTE ... Read More »

Mislatel refutes SEAR Telecoms’ claims, defends franchise

Metro Manila (CNN Philippines, November 11) — A third provisional new major player (NMP) for telecommunications was selected Wednesday, but the controversies are far from over. Two of the disqualified bidders, Sear Telecoms and the Philippine Telegraph and Telephone Company (PT&T) have filed their motions for reconsideration at the National Telecommunications Commission (NTC) Friday, with Sear alleging that one of ... Read More »

Zimbabwe telecoms giant Econet to spin off financial units – TechCentral

Strive Masiyiwa Econet Wireless Zimbabwe plans to list its financial units as a single entity on the country’s stock exchange and sell a majority stake in network operator Liquid Telecom Zimbabwe back to the firm’s parent company. The Harare-based firm founded by Zimbabwean tycoon Strive Masiyiwa plans to create a newly listed business called Cassava Smartech Zimbabwe, according to a ... Read More »

HSF and Pinsents tune in for $7.4bn telecoms deal alongside US firms

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content=" Herbert Smith Freehills (HSF) and Pinsent Masons are acting alongside a host of US firms on the $7.4bn (£5.6bn) acquisition of US telecoms infrastructure company Arris by CommScope Holding Company. CommScope makes telecom equipment, including cables and antennas, while Arris produces cable TV set-top boxes. The proposed deal would create a company ... Read More »