Cellcom CFO Shlomi Fruhling indicates further drop in Capex
Cellcom Israel CEO Nir Sztern has revealed that the telecom operator has dropped its Capex or capital expenditure during the second quarter of 2019.
Cellcom...
Verizon sells Tumblr website to WordPress.com owner
Verizon Communications is set to sell its blogging website Tumblr to Automattic, the owner of online-publishing tool WordPress.com.
Verizon did not disclose the terms of...
PLDT network head Mario G. Tamayo on Capex growth
Mario G. Tamayo, senior vice president for Network Planning and Engineering of PLDT and Smart, has revealed the telecom operator’s main achievements in the...
Deutsche Telekom achieves growth in revenue and EBITDA
Deutsche Telekom said revenue grew 7.9 percent to 39.2 billion euros and EBITDA AL rose 7.7 percent to 12.2 billion euros in the first...
China Mobile adds 21.13 mn 4G and 142 mn IoT connections
China Mobile said its operating revenue fell 0.6 percent to RMB389.4 billion during the first half of 2019.
China Mobile reported 1.3 percent drop in...
MTN adds 7.7 mn mobile and 3.5 mn mobile money users in first half
MTN Group said service revenue grew just below 10 percent and EBITDA just above 10 percent for the six months ended 30 June 2019.
Service...
Frontier CEO Dan McCarthy on broadband, video and DISH loss
Frontier Communications CEO Dan McCarthy has revealed the company’s main gains in the second quarter ended June 30, 2019.
Frontier lost 93,000 consumer customers to...
MTNL employees protest for salary, BSNL releases payment
MTNL employees have protested in front of Sanchar Bhawan, which houses the department of telecommunications (DoT), demanding the release of their pending salary, Financial...
TIM enhances investment in Brazil and Italy ahead of 5G
Telecom Italia (TIM) has revealed the main achievements in its business in Italy and Brazil during the second quarter of 2019.
TIM reported revenue of...
BT sells fleet management business to Aurelius
BT Group today announced its deal to sell BT Fleet Solutions, a fleet management operator, to Aurelius Equity Opportunities.
BT Fleet Solutions, headquartered in Solihull,...
SoftBank improves business ahead of 5G launch in 2020
SoftBank has revealed the telecom operator’s achievements during the June quarter of 2019 – ahead of its 5G launch in 2020.
SoftBank’s total mobile phone...
BSNL lost $57 mn BharatNet contract to CSC
Indian telecom operator BSNL has lost an annual maintenance contract worth Rs 400 crore or $57 million due to poor performance, Financial Express reported.
The...
Telia CEO Johan Dennelind resigned
Telia Company CEO Johan Dennelind has resigned after becoming the head of the telecom operator on September 1, 2013.
Johan Dennelind, who has a 12-month...
Sprint lost mobile customers and device connections
Sprint CEO Michel Combes has revealed the telecom operator’s main achievements during the June quarter of 2019.
Sprint, a part of SoftBank of Japan, has lost...
BSNL and MTNL employees did not receive July salary
BSNL and MTNL, two state-run telecom operators in India, did not clear salary to their 1.98 lakh employees for the month of July, PTI...
Verizon CEO Hans Vestberg reveals another disappointing quarter
Verizon has revealed one more quarter of disappointing financial performance under the new CEO Hans Vestberg.
Verizon reported revenue of $32.1 billion (--0.4 percent) with net...
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