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PLDT to slash Capex by 25% from earlier guidance of $1.64 bn

PLDT said its capital expenditure (Capex) will be reduced by 20-25 percent from the original Capex guidance of Php83 billion or $1.64 billion for...
VEON revenue and Capex in Q1 2020

VEON reveals performance in Pakistan, Bangladesh, Russia, Ukraine

VEON today revealed the telecom operators’ financial performance in main countries such as Russia, Ukraine, Pakistan, Uzbekistan, Kazakhstan, Algeria and Bangladesh during Q1 2020. VEON reported...
Telefonica 5 image

How Telefonica performed in UK, Brazil, Spain and Germany

The latest financial report from Telefonica indicates the performance in several countries such as Spain, Germany, Brazil and the UK. Telefonica Spain Telefonica Spain had 41.6...
O2 Germany

Telefonica and Liberty to merge Virgin Media and O2 in UK

Telefonica and Liberty Global confirmed their to decision to merge their UK business -- O2 and Virgin Media -- to take on BT-EE and...
Globe Telecom rewards program 2019

Globe Telecom may lower Capex in second quarter

Globe Telecom has invested P10.7 billion (+22 percent) on its network, representing 29 percent of gross service revenue in Q1 2020. Globe Telecom spent 68...
Telefonica

Telefonica’s O2 in merger talks with Virgin Media in Britain

Telefonica confirmed it was in talks with billionaire John Malone’s Liberty Global over a possible merger of their respective businesses in Britain. The two have...
Telia network offers

Telia CFO Christian Luiga resigned

Telia Company today announced the resignation of Christian Luiga, chief financial officer and previously acting CEO and president. The development follows the appointment of Allison...
Claro 4G network

America Movil subscribers grow thanks to Nextel acquisition

America Movil, which owns Telcel brand in Mexico and Claro in several South American and Latin American nations to connect customers, has achieved growth...
Airtel business customers

Airtel Xstream app registers boom in video content

Airtel Xstream app, a video network for digital content, registered 300 percent surge in the streaming of popular 80s and 90s TV shows. Xstream app...
Vodafone Idea mobile network

Vodafone Idea launches AI-powered virtual assistant

Vodafone Idea has launched VIC, an AI-powered digital customer service and support virtual assistant for its customers. It is now live on the Websites, My...
Vodafone Germany mobile network

Vodafone’s $629 mn tax refund case dismissed by Supreme Court

The Supreme Court on Wednesday dismissed an appeal by Vodafone Group’s Indian unit, seeking a tax refund of Rs 4,760 crore or $629 million from...
Telenor Capex in Q1 2020

Telenor reveals investment in network in first quarter

Telenor Group has explained how the telecom operator made investment in telecom network during the first quarter of 2020. Telenor said its Capex excluding licences...
Coronavirus China

US telecoms will not charge late fees during COVID-19 pandemic

Verizon Communications, AT&T and Comcast said they will extend a commitment through June 30 not to cancel service or charge late fees to customers...
FCC Chairman Ajit Pai

FCC may stop China Telecom, China Unicom, Pacific Networks and ComNet

The Federal Communications Commission (FCC) has issued Orders to Show Cause against four Chinese government controlled companies. China Telecom Americas, China Unicom Americas, Pacific Networks,...
AT&T CEO Randall Stephenson image by Bloomberg

AT&T names John Stankey as CEO as Randall Stephenson steps down

AT&T today announced the appointment of John Stankey as CEO from July 1, 2020, and Randall Stephenson as the executive chairman. AT&T said Randall Stephenson,...
Singtel broadband Singapore

Singtel subsidiaries secure $3 billion in bank credit facilities

Singapore Telecommunications’ (Singtel) subsidiaries have secured close to $3 billion in bank credit facilities. The deals include S$3.45 billion ($2.4 billion) of facilities for Singtel...

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