Redbox to launch video streaming service this month


Redbox kiosks owner Coinstar Inc and Verizon Communications Inc said they will launch a video streaming service later this month to take on video rental giant Netflix Inc.

The companies are set to launch their Redbox Instant video streaming service more than ten months after they first inked a joint venture.

Coinstar (Bellevue, USA) shares were up 3 percent at $52.50 on the Nasdaq on Wednesday morning. While Netflix (Los Gatos, USA) shares were down marginally at $86.24.

Huawei wins managed-services deal with 3UK

Chinese equipment maker Huawei continues to make inroads into territory previously held by its western rivals, having just signed an important managed-services deal with 3UK, the small UK operator owned by Hutchison Whampoa (Hong Kong).

The arrangement will see Huawei (Shenzhen, China) handling service management and operations for 3UK’s core network, transport network and ICT applications.

It has chosen India’s Tech Mahindra (Pune, India) as a partner for the work on ICT applications.

Deutsche Telekom hopes investments will soften dividend blow


Deutsche Telekom hopes major investments in Germany and the United States and a long-awaited iPhone deal will turn around its fortunes, compensating for the dividend cut it plans to pay for them.

The company said it would increase investments by more than an annual 1 billion euros ($1.3 billion) to 9.5 billion euros in 2015 from an estimated 8.3 billion euros this year, rolling out faster broadband and next generation 4G networks, as it cut its dividend by almost 30 percent.

TPSA sees Polish telco market tumbling further in 2013


France Telecom's Polish unit TPSA expects its home telecoms market, which it dominates, to shrink by over seven percent next year because of economic woes and further regulatory cuts in mobile charges, its top executive said.

TPSA (Warsaw, Poland), the former state monopolist, already slashed its 2012 outlook and future dividend payout last month due to economic factors and aggressive competitors, dragging its shares to levels unseen in nine years.

France Telecom interested in Vivendi's Moroccan unit: report

France Telecom’s chief executive has said an acquisition of Vivendi’s stake in Maroc Telecom would have “strategic interest” in an interview with France’s Le Figaro newspaper.

Stephane Richards said valuing the Moroccan business was out of the question, but that an acquisition could make sense for the French telecoms incumbent.

He acknowledged, however, that France Telecom (Paris, France) would struggle to fund a purchase given its current high level of debt and depressed share price.

BT to slash superfast broadband fees

UK telecoms incumbent BT is to slash the wholesale price of its superfast broadband service, although broadband operators interested in its forthcoming on-demand offer may face substantial set-up fees.

From June 2013, the rental price of BT’s 330Mbps fibre-to-the-premises (FTTP) service will fall to just £38 ($61) a month, from £60 currently.

BT (London, UK) says those rates will also apply to the FTTP on-demand (FoD) service it plans to launch in the first half of 2013.

CWC sells Monaco & Islands division to Batelco for $680 million

Cable & Wireless Communications (CWC) is to sell most of its Monaco & Islands division businesses to Bahrain’s Batelco for the cash fee of $680 million as it looks to reduce debt and focus on operations in Central America and the Caribbean.

The UK-headquartered operator will sell all its shareholdings in the Maldives, Channel Islands and Isle of Man, the Seychelles, South Atlantic and Diego Garcia, as well as a 25% stake in Compagnie Monegasque de Communication (CMC), which owns 55% of Monaco Telecom.

Saban buys control of Israel's Partner Communications


U.S.-Israeli media magnate Haim Saban agreed to buy a controlling stake in Israel's second largest telecoms operator, Partner Communications
, to expand into the market for bundled phone, internet and television services.

Saban Capital (Los Angeles, USA) will pay Israeli holding company Scailex Corp (Tel Aviv, Israel) 250 million shekels ($65 million) in cash, and take on a $300 million loan that Scailex owes to Hong Kong conglomerate Hutchison Whampoa <0013.HK> (Hong Kong), Scailex said in a statement to the Tel Aviv Stock Exchange.

New Zealand's Chorus hits out at "backward" broadband regulation

New Zealand’s Chorus has issued a stark warning that new pricing regulation could slash NZD180 million ($148 million) off its annual earnings in future and hinder the take-up of new fibre-based broadband services.

The operator, which was carved out of Telecom Corp of New Zealand (Wellington, New Zealand) last December, owns most of New Zealand’s copper-line networks and provides wholesale fixed-line and broadband services over this infrastructure.

Asia Communication Awards 2013

Start Date: 
Thursday, June 20, 2013
End Date: 
Thursday, June 20, 2013


The Asia Communication Awards are back for their third year, and promise to be even bigger and better! The Awards recognise the achievements of Asian telecoms companies and the individuals responsible for the innovations, achievements and great new services that are helping to build tomorrows industry. 

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