Category: Telecom Industry News

Latest Industry News content provided is syndicated from Telecompaper.com

Comcast unveils Infinity Flex streaming TV platform for internet-only subscribers

(Telecompaper) US cable operator Comcast has introduced Xfinity Flex, a new streaming service aimed at its internet-only customers. The service, to launch next week for USD 5 per month, brings together a number of subscription streaming services, free content, and voice control to manage all connected devices in the home, all from one platform. Specifically, Xfinity Flex will come with an internet-connected, 4K HDR streaming TV device, Comcast’s voice remote, an integrated guide for accessing

T-Mobile US starts home broadband pilot with fixed-wireless LTE service

(Telecompaper) T-Mobile US said it began piloting home internet service, sending invites to a limited group of T-Mobile customers in rural and underserved markets for broadband fixed wireless service. The move is part of its effort to give Americans “real choice and competition” for home broadband, the group said. Source: Industry News (syndicated from Telecompaper.com)

Tencent Q4 profit falls 35% on investment costs, revenues up 28%

(Telecompaper) Tencent reported revenues of CNY 84.9 billion for the fourth quarter, up 28 percent from a year earlier as growth in social networks, payments and online content helped offset flat revenues from gaming. The company’s net profit fell 35 percent to CNY 14.0 billion, due to costs for the IPO of Tencent Music and several disposal gains in the year-earlier period. Adjusted EBITDA rose 18 percent to CNY 29.7 billion. Source: Industry News (syndicated

EU to object to Vodafone takeover of Unitymedia – report

(Telecompaper) The European Commission is set to block Vodafone’s proposed takeover of German cable operator Unitymedia from Liberty Global due to competition concerns, two people familiar with the matter told Reuters. The Commission will soon send a statement of objections on the deal to the companies, according to the report. Source: Industry News (syndicated from Telecompaper.com)

3 Group grows FY revenues 11% thanks to Italian takeover, customer base declines

(Telecompaper) 3 Group reported higher results for 2018, helped by its takeover of full control of Italian operator Wind Tre. However, the increased competition in the Italian market from the arrival of Iliad meant a decline in 3 Group’s customer base, to 51.0 million customers at the end of 2018 from 52.3 million a year earlier.  Source: Industry News (syndicated from Telecompaper.com)

Cellnex eyeing takeover of France's TDF for EUR 3 bln – report

(Telecompaper) Spanish infrastructure operator Cellnex Telecom is planning to consolidate its leadership of the European towers market by acquiring a 60 percent controlling stake in France’s TDF Infraestructure for around EUR 3 billion, according to unnamed financial sources cited by business daily Expansion. Cellnex is already present in France through its various deals with Bouygues Telecom and will be managing around 5,000 sites including new tower builds by 2022. TDF currently has a portfolio of some

South Korea to return KRW 63 bln to Qualcomm following antitrust ruling

(Telecompaper) South Korea’s antitrust regulator has canceled part of a penalty of KRW 273 billion (approximately USD 243 million) it previously levied against US mobile chip manufacturer Qualcomm, Yonhap news agency reports. The move by the Fair Trade Commission (FTC) came two months after the Supreme Court ruled that certain periods, during which Qualcomm offered exclusive rebates to LG Electronics in return for the South Korean firm buying its radio frequency chips, should be excluded

Apple updates AirPods wireless headphones

(Telecompaper) Apple announced a new version of its AirPods. The second generation of the wireless headphones are based on the specially designed H1 chip, which was made to deliver performance efficiencies, faster connect times, more talk time and hands-free use of Apple’s digital assistant Siri. In addition, Apple added an optional Wireless Charging Case, so users can charge the headphones on the go without a power socket.  Source: Industry News (syndicated from Telecompaper.com)

Canada unveils plans for universal broadband access by 2030

(Telecompaper) The Canadian government announced in its annual budget statement plans to bring broadband to every home and business by 2030. The aim is to provide speeds of at least 50/10 Mbps to 95 percent of premises by 2026 and reach universal coverage by 2030.  Source: Industry News (syndicated from Telecompaper.com)

Google hit with EUR 1.5 bln fine by EU for AdSense search competition abuse

(Telecompaper) Google has received its third multi-billion-euro fine from the European Union for anti-competitive practices. The company was fined EUR 1.49 billion for abusing its dominance in the search intermediary market with its AdSense for Search product for advertising on third-party websites offering search engines. The Commission said restrictive clauses in the AdSense contracts prevented Google’s rivals from placing their search adverts on these websites. Source: Industry News (syndicated from Telecompaper.com)

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