telecommunications
Top StoriesDutch Telecom Kpn Locks in 2023 Targets Helped by Cost Controls
Top StoriesNokia Says Is Gaining Market Share, Sees 2023 Growth
Top StoriesNokia Signs New 5G Patent Deal With Samsung
Top StoriesEricsson’s Provision for U.S. Probe Hints of Smaller Fine, Shares Jump
Vodafone to Receive $1.8 Billion From Sale of Hungarian Unit
Date: January 9, 2023
LONDON (Reuters) -British telecom group Vodafone said it had agreed the sale of its Hungarian business to local IT company 4iG and the Hungarian state, and would receive a total cash consideration of 1.7 billion euros ($1.82 billion) from the deal. The disposal, first announced in August, comes as Vodafone looks for a new chief...
Polish Regulator Accuses T-Mobile of Misleading Advertising
Date: January 2, 2023
WARSAW (Reuters) – Polish regulator UOKiK has accused the Polish unit of T-Mobile of misleading advertising relating to a free mobile data offer, with the company potentially facing a fine of 10% of annual revenue. UOKiK said on Monday that T-Mobile Polska’s slogan “1200 GB free for a year” was misleading as 100 GB Internet...
Telecom Equipment Maker Ericsson Divests Russian Operation
Date: December 15, 2022
HELSINKI (Reuters) – Swedish telecom equipment maker Ericsson said on Thursday it had divested a customer support operation in Russia. The new owners of the business, that has some 40 employees, come from the management of Ericsson’s Russian subsidiary, the company said in a statement. Ericsson has previously announced it had decided to wind down...
Why Telecom Is Driving Investment Deals
Date: December 6, 2022
By Nicholas Rodriguez, Partner at Winston & Strawn The Covid-19 pandemic spawned a number of opportunities as businesses across the world raced to meet essential needs. Remote work, virtual school and social distancing measures accelerated the need for technology to adapt, which has resulted in an unprecedented transformation of the telecom sector. Accessible and affordable...
Emergency Call Services, Telcos Urge EU to Protect Telecoms Networks From Power Cuts
Date: December 5, 2022
By Elvira Pollina, Supantha Mukherjee and Mathieu Rosemain MILAN/STOCKHOLM/PARIS (Reuters) – Europe’s top telecoms operators and an emergency services lobby on Monday urged Brussels to shield mobile and fixed grids from power cuts, a letter reviewed by Reuters showed, as worries grow about a loss of telecom networks during widespread blackouts. Europe is facing potential...
Italy Seeks Fresh Options for Tim as Bid for Network Seen Fading
Date: November 29, 2022
By Elvira Pollina and Giuseppe Fonte MILAN/ROME (Reuters) -Italy’s new government will likely need to seek fresh options for ailing former phone monopoly Telecom Italia, as a planned bid for its landline grid by state lender CDP appears increasingly unlikely. Championed by the previous government of Mario Draghi, the multi-billion-euro bid is part of a...