Category: Telecom Industry News

Latest Industry News content provided is syndicated from Telecompaper.com

Apple pays EUR 13 bln to Ireland in unfair state aid case

(Telecompaper) Apple has fully paid back the EUR 13 billion in unfair state aid it was ordered by the European Commission to give back to Ireland . Minister for Finance Paschal Donohoe said the company paid the bill in tranches over the course of the second and third quarters. The first tranche was paid in May. The full amount was for EUR 13.1 billion, plus interest of EUR 1.2 billion. Source: Industry News (syndicated from

Hulu starts ad campaign after hitting 1 mln live TV subscribers

(Telecompaper) US streaming service Hulu has launched a new ad campaign after it passed 1 million subscribers for its live TV service, USA Today reports. Launched last year, the service was last reported to be at 800,000 customers in May. Overall, Hulu has more than 20 million subscribers including those who pay for its on-demand TV and movie offerings. Source: Industry News (syndicated from Telecompaper.com)

Naspers to list pay-TV provider MultiChoice in Johannesburg

(Telecompaper) In recognition of PN’s support over the years, Naspers intends to allocate another 5 percent stake in MultiChoice South Africa to PN shareholders at no cost, prior to the unbundling. This would increase the PN shareholders’ interest in Multichoice South Africa, and its dividend flows should rise by 25 percent. It would also ensure continued compliance with regulatory requirements after the unbundling.  Source: Industry News (syndicated from Telecompaper.com)

Telefonica to test 5G fixed-wireless service in Germany with Samsung

(Telecompaper) Telefonica Deutschland announced plans to test a 5G fixed-wireless broadband service in Germany, using equipment from Samsung. Up to 20 households in Hamburg will test the gigabit technology from November over a period of three months. Source: Industry News (syndicated from Telecompaper.com)

Orange, Deutsche Telekom to present jointly developed smart speaker in December

(Telecompaper) Orange and Deutsche Telekom will introduce their own jointly developed smart speaker in December, Orange CEO Stephane Richard said. Speaking at the GSMA’s Mobile360 event in Brussels, Richard said the companies aim to offer a European alternative to the market dominated to date by Google and Amazon.  Source: Industry News (syndicated from Telecompaper.com)

SK Telecom taps Samsung, Ericsson, Nokia for 5G network deployment

(Telecompaper) South Korean operator SK Telecom has announced it has selected Samsung Electronics, Ericsson and Nokia equipment for its 5G network deployment. Samsung, Ericsson and Nokia will supply base stations and other transmission equipment, considered a core technology in the commercialization of the 5G network, Yonhap news agency reports. SK Telecom said it ruled out Chinese tech giant Huawei Technologies in the final decision. Source: Industry News (syndicated from Telecompaper.com)

Germany releases draft 5G auction terms

(Telecompaper) Germany’s Federal Networks Agency has presented its draft terms for the 5G auction planned for early 2019. The proposal on the 2 GHz and 3.6 GHz bands has been sent to the regulator’s advisory board, which will give its opinion on 24 September, before a final decision on the terms in November.  Source: Industry News (syndicated from Telecompaper.com)

TE Connectivity sells SubCom for USD 325 mln in cash

(Telecompaper) TE Connectivity has agreed to sell its subsea communications operations, SubCom, to Cerberus Capital Management for USD 325 million in cash. The deal is expected to complete by the end of TE’s fiscal first quarter, subject to the usual closing conditions. The company said it will use proceeds from the sale to fund share buybacks. SubCom, part of TE’s Communications Solutions segment, is a global supplier of undersea communications technology and marine services. Source:

Last week in telecoms: limited volatility, Italy and Benelux in focus

(Telecompaper) Major news was rather limited in week 37 and the biggest headlines came from the adjacent IT hardware sector, where Apple had an iPhone and Apple Watch event. In the datacenter segment, Equinix (+4.0%) apparently benefitted from the appointment of a new CEO. InterXion (+3.0%) raised its capex guidance in an effort to expand in Europe. British local incumbent Manx Telecom (+3.3%) of the Isle of Man was among the last companies to report

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