Telecom New Zealand and Vodafone have picked up the majority of management rights to the country's 700 megahertz spectrum as competition heats up to bring high-speed 4G broadband services to users in rural areas.
Telecom (Auckland, New Zealand), the country's largest telecom company, and Vodafone (Auckland, New Zealand) successfully bid on the maximum three lots of 2x15 megahertz lots for NZ$66 million ($54.55 million) each, while mobile phone operator 2degrees secured two lots of 2x10 MHz bandwidth.
Croatian incumbent Hrvatski Telekom has filed an application to participate in an auction of 800MHz airwaves that regulatory authorities failed to sell a year ago.
The operator – controlled by Germany’s Deutsche Telekom (Bonn) – was one of two companies to win a 2x10MHz block of 800MHz spectrum during an auction in October 2012, paying €20 million ($27.6 million) for its license.
Rival operator Vipnet, the other license winner, also paid €20 million for its concession, but the remaining 2x10MHz block remained unsold at the auction’s conclusion.
As mobile devices proliferate – 91 percent of Americans currently own a mobile phone, according to Pew Research (1) – consumer expectations for their service provider experience have also skyrocketed. Customers now expect their mobile phones, tablets, and other mobile devices to provide them with instant access to media, information, and entertainment, anywhere at any time.
France’s Numericable is reported to have announced plans for an initial public offering valuing the cable company at some €5.57 billion ($7.69 billion).
According to a report from Dow Jones Newswires, the operator plans to raise around €652.5 million in new capital, including €250 million from a capital increase.
Meanwhile, private-equity owners Carlyle and Cinven are looking to sell another €402.2 million as part of the offering, which would give Numericable (Paris, France) an enterprise value of between €5.06 billion and €5.57 billion, including €2.75 billion in debt.
The GSM Association (GSMA) has announced that Telenor’s Jon Fredrik Baksaas will serve as its chairman for the remainder of the current Board term, which is set to expire in December 2014.
Baksaas had been appointed as acting chairman following the resignation of Telecom Italia’s (Milan, Italy) Franco Bernabe, who quit his GSMA shortly after stepping down as boss of the Italian phone incumbent.
China Telecom has beaten earnings expectations for the nine months ending September, flagging growth in revenues and profits thanks to surging consumer interest in the iPhone and mobile data services.
The smallest of China’s three national mobile operators, the company said revenues were up by 13.4%, to RMB238 billion ($39 billion), compared with the same period last year, while net income rose by 17.1%, to RMB14.8 billion.
Shares in America Movil fell nearly 3 percent on Friday after Latin America's biggest phone company reported a sharply lower profit and on concerns over the investment strategy of billionaire Carlos Slim's flagship company.
On a conference call on Friday, a day after the company released quarterly earnings, analysts repeatedly asked questions about America Movil's (Mexico City, Mexico) plans in Europe. The company announced last week it would not proceed with a planned offer for Dutch phone company KPN (The Hague, Netherlands).
Austria's telecoms watchdog will hold a hearing of complaints by operators about the 2 billion euro ($2.8 billion) auction for fourth-generation frequencies, which was criticized for being too expensive.
The 4G auction in Europe's most price-competitive telecoms market raised four times the minimum set by the regulator and was the most expensive in Europe per head of population.
San Jose, CA:
In the years since we've started discussing this topic at the Council, it has entered the mainstream. ISPs of all kinds are offering rudimentary starter kits to get customers engaged with another base on the "triple play" field. This gives us the opportunity to examine best practices and successes of these entry services - like security, HVAC, cameras, and smartgrid - and to look at the next wave of services that consumers are likely to put in their homes.
French telecoms incumbent Orange has reported a slump in earnings and revenues for the three months ending September, with regulation and competition weighing heavily on the operator in its economically challenged European heartlands.
The operator witnessed a 4% drop in revenues, to €10.16 billion ($14 billion), and saw restated earnings before interest, taxation, depreciation and amortization (EBITDA) fall by 7%, to €3.37 billion, in its third quarter.