Telecompaper Headlines

Trump issues orders banning TikTok, WeChat in US

2 days 7 hours ago
(Telecompaper) The US President Donald Trump has issued two executive orders essentially banning the apps TikTok and WeChat in the US. When they take effect in 45 days, US businesses and citizens will be prohibited from interacting with ByteDance and Tencent, the respective. parent companies of the two apps. Trump said the apps pose a threat to national security, foreign policy and the economy in the US. 

T-Mobile US becomes number two on US market after reaching 98.3 mln customers in Q2

2 days 16 hours ago
(Telecompaper) T-Mobile US said revenues got a boost in the second quarter from its merger with Sprint, while the net profit got hit by the effects of the coronavirus pandemic and one-off costs related to the merger. The number of customers added came well within the company's wide guidance, with total customers reaching 98.3 million at the end of the quarter, pushing the company to second place on the US market after Verizon, overtaking AT&T. This is T-Mobile US' first quarter since closing its merger with Sprint. 

Vodafone switches on live OpenRAN 4G site, claiming UK first

3 days ago
(Telecompaper) Vodafone said it has become the first UK mobile operator to switch on a live Open radio Access Network (OpenRAN) 4G site, enabling the introduction of more suppliers for mobile networks. The first site is now connecting the Royal Welsh Showground in Powys, Wales, with the help of Mavenir. Vodafone will now focus on seeing where it can introduce more of these type of sites, for more economical voice and high-speed connectivity.

TikTok to house all European user data in new Irish data centre

3 days 2 hours ago
(Telecompaper) After moving its European privacy base in June to Dublin, TikTok said it will establish a new data centre in Ireland, its first in Europe, with an investment value of EUR 420 million. TikTok has come under fire in the US where it is facing a possible ban on security grounds, and a potential class action suit from people who believe the company is collecting their personal data without proper consent. This latest move shows the company wants to reassure European users that its service is safe. The company has denied claims it is controlled by the Chinese government.

MTN Group revenue rises 9% in H1, announces plans to exit Middle East

3 days 7 hours ago
(Telecompaper) MTN Group reported service revenue growth of 9.4 percent to ZAR 80 billion in the first six months to 30 June, and EBITDA up 10.9 percent year-on-year to ZAR 42 billion, as efficiency initiatives drove improvement in margins. The South Africa-based mobile operator also said it plans to exit the Middle East over the medium term to focus on Africa and is in advanced talks to sell its majority stake in MTN Syria. 

Veon Q2 results hit by Covid-19 restrictions, hopes for gradual recovery in H2

3 days 8 hours ago
(Telecompaper) Veon reported second-quarter revenues down 16.3 percent year-on-year to USD 1.89 billion, hurt by store closures and reduced roaming due to Covid-19 restrictions. EBITDA was down 18.7 percent to USD 809 million. The operator said it expects a gradual recovery in sales and EBITDA in the second half of the year, assuming lockdown restrictions are slowly lifted. 

Telkom, Airtel Kenya abandon plans for merger

4 days 1 hour ago
(Telecompaper) Telkom Kenya and Airtel Kenya have abandoned their proposed merger, after the companies were unable to secure regulatory approval under satisfactory conditions. The deal, first announced in February 2019, was aimed at helping the two operators challenge Kenyan market leader Safaricom. 

Ethio Telecom splits network infrastructure into five divisions

4 days 5 hours ago
(Telecompaper) Ethio Telecom has split its network infrastructure department into five divisions for service efficiency as it prepares to remain competitive after the liberalisation of the telecom sector, reports Addis Fortune. The country's sole telecom operator is also hoping to lease its infrastructure to the two operators that are expected to join the industry in 2021. It plans to generate income by renting out its 7,100 towers and over 22,000 km of fibre optics to interested telecom operators.

Telecom Italia delays final decision on network sale to end-August, says 'favourable' to KKR offer

4 days 7 hours ago
(Telecompaper) Telecom Italia (TIM) said it supports an offer from KKR Infrastructure to buy a 37.5 percent stake in the new network company FiberCop for EUR 1.8 billion. The binding offer values the company at EUR 7.7 billion in total. TIM said it would start talks immediately with the government on bringing in other investors in the new network operator. 

SK Telecom, Microsoft to launch Xbox cloud gaming service on 15 September

4 days 9 hours ago
(Telecompaper) South Korean operator SK Telecom and Microsoft have announced plans to officially launch cloud gaming (formerly Project xCloud) as part of Microsoft's Xbox Game Pass Ultimate product to Korean gamers on 15 September. SK Telecom reports that cloud gaming will be added to the Xbox Game Pass Ultimate as an additional service feature for customers, giving them access to more than 100 games from both Xbox Game Studios and game creators across the world at no additional cost.

EU confirms in-depth investigation into Google takeover of Fitbit

5 days ago
(Telecompaper) The European Commission has confirmed an in-depth investigation has started into Google's proposed takeover of wearables maker Fitbit. The EU's competition watchdog said it was concerned the deal would give Google access to additional data strengthening its position on the online advertising market. If it finds the deal could distort competition, it may ask Google for concessions or block the takeover. 
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45 minutes 38 seconds ago
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