Category: Telecom Industry News

Latest Industry News content provided is syndicated from Telecompaper.com

Liberty Latin America confirms bid to acquire Millicom

(Telecompaper) Liberty Latin America, the recently spun-off unit of Liberty Global focused on Latin America and the Caribbean, has confirmed an initial approach for rival Millicom, a Luxembourg-based company present in 13 countries in Latin America and Africa. Millicom had earlier announced that it had received a “preliminary highly conditional non-binding proposal” for all of its shares from Liberty Latin America, adding that “there is no certainty that a transaction will materialise.” Source: Industry News

Helios Towers to take 66% of infrastructure joint venture with Vulatel

(Telecompaper) Helios Towers has entered the South African market by forming a partnership with Vulatel to expand mobile and fixed line infrastructure in the country. Helios Towers plans to make “major greenfield wireless and fixed-line telecoms infrastructure investments” there. Helios Towers expects South Africa to lead the 5G roll-out in sub-Saharan Africa. Helios Towers South Africa (HTSA) will build open access infrastructure that it will then lease to other companies. Source: Industry News (syndicated from Telecompaper.com)

T-Systems hands mainframe services over to IBM in deal worth EUR 860 mln – report

(Telecompaper) Deutsche Telekom subsidiary T-Systems is handing its mainframe services over to IBM, reports Handelsblatt. In May, 400 employees in six countries will join the US IT company, according to an internal statement seen by the newspaper. T-Systems stated officially that the transaction was not a sale of the business unit, the website Golem.de reported. Source: Industry News (syndicated from Telecompaper.com)

German regulator to ban third-party data collection via Facebook – report

(Telecompaper) Germany’s Federal Cartel Office will ban Facebook from collecting user data through third parties providers, Bild am Sonntag reports without citing sources. Third parties providers include Twitter, WhatsApp, Instagram, game apps and website operators.  Source: Industry News (syndicated from Telecompaper.com)

Last week in telecoms: network expansion, acquisitions and bond market activity

(Telecompaper) Network expansion plans and takeover news helped a number of telecoms shares edge higher during week 2, but the overall sentiment was negative. The Telecompaper Stock Index European Telecoms ended the week down 1.4 percent, underperforming the EuroStoxx 50 index, which was up 0.9 percent. At the extremes were German micro cap Ecotel (+13%) and Germany’s 1&1 Drillisch (-15%). Source: Industry News (syndicated from Telecompaper.com)

Xiaomi launches new premium flagship device MiMix3

(Telecompaper) Xiaomi unveiled its latest premium flagship product, Mi Mix 3. The 6GB+128G version is available in the UK from 16 January for GBP 499. The phone will be available in two standout colours, Sapphire Blue and Onyx Black. In addition to an unprecedented full-screen display experience, available to UK customers for the first time, Mi Mix 3 features a camera setup that achieved a DxOMark photo score of 108, and a four-sided curved ceramic

Samsung to launch new Galaxy phones on 20 February

(Telecompaper) Samsung Electronics plans to unveil its 10th anniversary flagship smartphone lineup on 20 February. The company sent out an invitation to a new ‘Samsung Unpacked’ event in San Francisco, where it will unveil “new devices that promise to usher in new Galaxy experiences based on 10 years of innovations”. Source: Industry News (syndicated from Telecompaper.com)

Vodafone Spain to axe up to 1,200 jobs, over 20% of workforce

(Telecompaper) Vodafone Spain has announced that it’s preparing a collective dismissal of 1,200 workers over the coming months, equivalent to around 22 percent of its workforce. In a statement, the company said it will begin negotiations with labour representatives at the end of January and that it expects talks to last around a month. Source: Industry News (syndicated from Telecompaper.com)

Proximus to cut jobs, off-shore under 'shift to digital' strategy

(Telecompaper) Proximus has confirmed the launch of a new reorganisation plan, with the aim of remaining relevant on the Belgian market and securing the company’s future. The company noted that the telecom market in Belgian is not growing and that prices are also coming under pressure from “heavy regulations”, and all this despite the increased demand for connectivity. The new #shifttodigital strategy will seek to make the company more digital and flexible and its employees

Xiaomi unveils Redmi Note 7 with 48 MP camera from EUR 130

(Telecompaper) Xiaomi has introduced the Redmi Note 7, the first smartphone under its newly independent Redmi brand, a 6.3-inch device at a price starting at CNY 9,999 (around EUR 130). The handset comes with a rear-mounted fingerprint sensor and a rear-facing dual cameras, one with a 48-megapixel image sensor and an f/1.8 lens and the other with 5 megapixels for depth information. Other features include a 13-megapixel front-facing camera, a 4,000mAh battery, USB-C charging, a

Top