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Freenet reluctant to join Sunrise rights issue for UPC takeover

(Telecompaper) German operator Freenet is not pleased with the proposed structure of Sunrise’s takeover of UPC Switzerland and may not participate in the rights issue called by Sunrise to fund the deal. While the deal has industrial logic, the company said, Freenet would prefer to see a merger of the companies, rather than Sunrise taking on all the financial risks, Freenet’s CFO Ingo Arnold told news agency dpa-AFX.  Source: Industry News (syndicated from Telecompaper.com)

MTN extends Ericsson mobile money contract for 5 years, to launch in more markets

(Telecompaper) MTN and Ericsson have signed a five-year contract extension to deploy new products and provide managed services for mobile money services in 13 countries across Africa and the Middle East. The new contract includes deployment of Ericsson Wallet Platform in new markets on top of the existing 13 countries.  Source: Industry News (syndicated from Telecompaper.com)

Smartwatch shipments jump 56% to record 18 mln units in Q4

(Telecompaper) Global smartwatch shipments reached a record 18 million units in the fourth quarter, a jump of 56 percent from the year before, according to the latest study from Strategy Analytics. Apple kept its top place with a share of over half of the market, while Samsung moved to second place, overtaking Fitbit and Garmin. For the year, shipments also hit all time high levels of 45 million units. Source: Industry News (syndicated from Telecompaper.com)

MWC 2019: 5G everywhere, now just need the networks

(Telecompaper) Anyone walking around MWC this year or looking at the keynote speeches will only see two letters dominating the discussion: 5G. Not just MWC but all of Barcelona is living and breathing 5G this year. While in 2018 AI and VR were still big themes for the industry trade show, these have been pushed to the background this year.  Source: Industry News (syndicated from Telecompaper.com)

VodafoneZiggo to look at selling towers infrastructure

(Telecompaper) VodafoneZiggo announced with its Q4 results that it’s looking at monetising its towers portfolio. CFO Ricky Drost told Telecompaper that the process is still at a very early stage.  Source: Industry News (syndicated from Telecompaper.com)

Cellnex announces EUR 1.2 bln capital hike to fund acquisitions

(Telecompaper) Spanish infrastructure operator Cellnex Telecom has announced a EUR 1.198 billion capital increase to strengthen the group’s resources and fund its further expansion. The capital increase involves the issue of 66.9 million new shares, equivalent to 28.91 percent of its current total, at EUR 17.89 per share. Cellnex said its main shareholders ConnecT (29.9% of the capital) and CriteriaCaixa (6%) have already agreed to subscribe to the issue. Source: Industry News (syndicated from Telecompaper.com)

Arianespace launches first OneWeb satellites

(Telecompaper) Arianespace successfully completed the first of the 21 launches for OneWeb’s satellite constellation on 27 February from the Guiana Space Center, Europe’s spaceport in French Guiana. By operating this flight, Arianespace said it contributes to the fulfilment of its customer’s ultimate ambition to provide internet access to everyone, everywhere.  Source: Industry News (syndicated from Telecompaper.com)

Liberty Global revenues rise 1.2% in Q4, again weighed by Belgium, Switzerland

(Telecompaper) Liberty Global noted that it has put its operations in Germany, Hungary, Romania and the Czech Republic, along with its DTH operations and its former operations in Austria, plus the LiLAC Group, into discontinued operations. The company said that together, all the disposals represent a total enterprise value of USD 31 billion and net cash proceeds to the company, when completed, of USD 16 billion.  The company will continue to be the largest cable

Liberty Global confirms sale of UPC Switzerland unit to Sunrise

(Telecompaper) Liberty Global has reached a binding agreement to sell its Swiss subsidiary, UPC Switzerland, to Sunrise Communications Group, in a deal valuing the Swiss unit at CHF 6.3 billion.  Source: Industry News (syndicated from Telecompaper.com)

China Mobile launches first batch of 5G chipsets and devices

(Telecompaper) China Mobile’s ‘5G Device Forerunner Initiative’, established at Mobile World Congress 2018, has this year launched its first batch of results, including four 5G chipsets and nine 5G devices. The 5G chipsets will be provided by Qualcomm, Huawei, MediaTek and Unisoc. The nine 5G devices will be released by China Mobile, Huawei, Vivo, Oppo, ZTE, Xiaomi and Samsung. Among the 5G devices, some will support both NSA and SA, while some will have peak

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