telecommunications
TechnologyExclusive-Telcos Push EU to Make Big Tech Pay for Network Costs
BusinessTelenor Looking to Support Myanmar Customers at Risk
BusinessDutch Telecom Kpn Sees Small Rise in 2023 Earnings Amid Inflation
TechnologyLte-M – Delivering a Futureproof IoT
EU Court Adviser Suggests Hutchison Ruling Reversal, in Potential Blow for Telcos
Date: October 20, 2022
By Foo Yun Chee LUXEMBOURG (Reuters) -In a potential setback for the telecoms industry, an adviser to Europe’s top court said a ruling by a lower tribunal annulling an EU antitrust veto of CK Hutchison Holdings Ltd’s bid for O2 UK should be dismissed and the case should be re-heard again. Hutchison, owned by billionaire...
Nokia Quarterly Operating Profit Lags Expectation as Margin Drops
Date: October 20, 2022
STOCKHOLM (Reuters) -Nokia on Thursday reported quarterly operating profit below market expectations even as the Finnish telecom equipment maker continues to benefit from strong demand from phone companies as they roll out 5G. Third-quarter comparable operating profit rose to 658 million euros ($643.3 million) from 633 million last year, lagging the 690.6 million euro mean...
Ericsson Earnings Miss Estimates as Costs Dent Margins
Date: October 20, 2022
STOCKHOLM (Reuters) – Swedish telecom equipment maker Ericsson on Thursday reported third-quarter core earnings that missed expectations for the second quarter in a row, as margins took a hit from higher component and logistics costs. The company’s quarterly adjusted operating earnings fell to 7.1 billion Swedish crowns ($633.05 million) from 8.8 billion crowns a year...
Russian Regulator Says Mobile Operator Mts Breached Anti-Monopoly Laws
Date: October 13, 2022
MOSCOW (Reuters) -Russia’s competition watchdog on Wednesday said leading telecoms company MTS violated anti-monopoly legislation in raising the price of some mobile tariff plans well above inflation. Prices for most goods and services rose sharply soon after Russia sent thousands of troops into Ukraine in February, sparking hefty Western sanctions. The Federal Antimonopoly Service (FAS)...
Digitising Telco Roaming
Date: October 11, 2022
By Nish Kotecha, Chairman and Co-founder Finboot For anyone who has been to Europe for their summer holiday this year, you will notice that you can no longer roam freely on your UK mobile phone tariff. In addition to long passport queues and increased credit card charges, this is another so-called Brexit dividend… The EU...
Tim Plunges to Hit Record Lows After Latest Delay to Network Deal
Date: October 11, 2022
MILAN (Reuters) -Shares in Telecom Italia (TIM) slid to fresh record lows on Tuesday after the company said CDP and its partners had asked for more time to finalise a bid for the former phone monopoly’s network assets. Under a preliminary agreement sealed in May and sponsored by Italy’s outgoing government, state lender CDP and...