telecommunications
Top StoriesUK’s Ofcom Delays Bt Fibre Pricing Decision After CEO Remarks
Top StoriesTelecom Italia Boosted by Rival Offer for Landline Grid
Top StoriesExclusive: Telecom Operator Veon Strikes Deal on Satellite Service With OneWeb
Top StoriesNokia Changes Iconic Logo to Signal Strategy Shift
Big Tech ‘fair Share’ Debate Set to Dominate Barcelona Mobile Meet
Date: February 27, 2023
By Supantha Mukherjee, Martin Coulter and Joan Faus BARCELONA (Reuters) -A clash between Big Tech and European Union telecoms firms over who will underwrite network infrastructure is set to dominate discussion at the world’s largest telecoms conference this week. More than 80,000 people, including tech executives, innovators, and regulators, are set to descend on this...
Ericsson to Cut 1,400 Jobs in Sweden
Date: February 20, 2023
STOCKHOLM (Reuters) -Telecoms gear maker Ericsson plans to cut about 1,400 jobs in Sweden as part of a broader plan to reduce costs globally, it said on Monday. The company had earlier announced plans to cut costs by 9 billion crowns ($880 million) by the end of 2023 as demand slows in some markets, including...
China Telecom and Conflux Network to Pilot Blockchain Enabled Sim Card in Hong Kong
Date: February 15, 2023
Toronto, Canada, 15th February, 2023, Chainwire Today China Telecom and Conflux Network announce a partnership to bring Blockchain SIM cards (BSIM) to market. The entry-level Web3 product will be the largest blockchain hardware product ever seen globally, involving the most users and applications. China Telecom will launch the first BSIM pilot program in Hong Kong...
London’s FTSE 100 Hits Fresh Record High as Telecoms Surge
Date: February 14, 2023
By Shashwat Chauhan (Reuters) – UK’s FTSE 100 rose to a record high on Tuesday as telecom stocks gained after Liberty Global bought a stake in Vodafone, while investors braced for U.S. inflation data due later in the day. The blue-chip FTSE 100 rose as much as 0.6% to its all-time high, before easing to...
Liberty Global Takes 5% ‘opportunistic’ Stake in Vodafone
Date: February 14, 2023
By Muvija M and Tiyashi Datta LONDON (Reuters) -U.S.-listed Liberty Global disclosed a near-5% stake in British telecom group Vodafone on Monday, saying its larger rival’s shares were undervalued by the market but ruling out a takeover. Liberty Global Chief Executive Mike Fries called the stake in Vodafone, whose shares have heavily lagged London’s blue-chip...
Telenor Q4 Profit Beats Forecast, Dividend Lags Expectations
Date: February 2, 2023
OSLO (Reuters) – Norwegian telecoms operator Telenor on Thursday reported fourth-quarter earnings slightly above expectations and said forecast continued growth in 2023 in service revenue and core profit in its Nordic business. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for October-December was flat year-on-year at 10.1 billion Norwegian crowns ($1.02 billion), while analysts...