Wednesday , 13 November 2019
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Telecoms

Telecoms giant Vodafone smashed by India Supreme Court ruling

The Indian government claims Vodafone owes billions. Photo: Europa Press News/Europa Press via Getty Images <p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Vodafone (VOD.L) unveiled a €1.9bn (£1.6bn, $2bn) loss in the six months to 30 September after a Supreme Court ruling in India set in a motion a raft a huge fees for the telecoms giant.” data-reactid=”31″>Vodafone (VOD.L) unveiled ... Read More »

Giant acquires telecoms specialist | Insider Media – Insider Media

The Cheshire group behind the telematics and fuel card brands Kinesis and UK Fuels has acquired a telecoms specialist in Shrewsbury. Radius Payment Solutions, which turns over £2.5bn, has acquired Pure Telecom for an undisclosed sum.   The deal for Pure Telecom is part of a diversification strategy by Radius, which was first established by owner Bill Holmes as a fuel card company ... Read More »

Minister: Telecoms customers will continue to have challenges

News Minister: Telecoms customers will continue to have challenges BY ALPHEA SAUNDERSSenior staff reportersaundersa@jamaicaobserver.comWednesday, November 13, 2019 CUSTOMERS of the country’s two major telecommunications providers will continue to experience some challenges with their services, portfolio Minister Fayval Williams indicated in the House of Representatives yesterday. Responding to questions from the Opposition following responses to a previous questions from shadow spokesperson ... Read More »

Telecoms industry needs specialist regulator, says Paulwell

KINGSTON Eastern Member of Parliament Phillip Paulwell says it is now time for the Government to establish a specialist regulator for the telecommunications industry. “We have been arguing for many years about the nature of this business and why there is need for a specialist regulator…It’s a peculiar infrastructure that requires specific attention and expertise in your regulatory body. It’s ... Read More »

France's Bad Boy of Telecoms Joins the Geriatric Set

(Bloomberg Opinion) — Xavier Niel is supposed to be the bad boy of French telecoms. He never finished college, once ran an online sex-chat service, and shook up incumbents like Orange SA with cheap pricing when he launched Free Mobile in 2012. That makes one element of his push to extend control over Free’s parent Iliad SA particularly surprising: the ... Read More »

Italy's Prysmian CEO Sees Lower Financial Year Profit on Slow Telecoms Business

MILAN — The chief executive of Italy’s Prysmian on Thursday gave guidance for lower core profit this year compared to an indication provided three months ago, due to a slower growth at its telecoms business. The world’s largest cable maker confirmed its full-year 2019 target on adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) at between 0.95 to 1.02 ... Read More »

The Telecoms.com Podcast: Live, Latin Fiber & Telco AI – Light Reading

The Telecoms.com Podcast: LIVE, Latin Fiber & Telco AI | Light Reading <!–https://ajax.googleapis.com/ajax/libs/jquery/3.2.1/jquery.min.js–> <!–https://img.lightreading.com/commonscript/jquery.jplayer.min.js–> <!–https://www.lightreading.com/script/news_ticker.js $(document).ready(function() ‘theNewsTicker(); ); –> November 14, 2019, Maritim Hotel, Berlin December 3-5, 2019, Vienna, Austria December 3, 2019, New York, New York March 16-18, 2020, Embassy Suites, Denver, Colorado May 18-20, 2020, Irving Convention Center, Dallas, TX All Upcoming Live Events Let’s block ads! (Why?) ... Read More »

Germany follows the UK on coverage collaboration – Telecoms.com

Deutsche Telekom will be joining forces with the German bits of Telefónica and Vodafone so they don’t duplicate each other’s efforts in remote locations. The move seems identical to the initiative announced by UK MNOs a few weeks ago, which resulted in Ofcom removing coverage obligations from the next tranche of low-frequency spectrum to be made available. Presumably the German ... Read More »

Russia's VTB sells stake in Bulgaria's Vivacom telecoms operator

MOSCOW (Reuters) – Russia’s VTB said on Monday that VTB Capital, its investment unit, had sold its entire stake in Bulgaria’s leading telecoms operator, Vivacom, to United Group, a telecoms and media company. United Group, owned by private equity firm BC Partners, said last week it had agreed to acquire Vivacom. Two sources familiar with the deal had said it ... Read More »