As promised in March, Videotron has launched its highest speed cable broadband package to date, offering 200Mbps/30Mbps download/upload connections under the ‘Ultimate Speed Internet 200′ banner in Quebec City. The DOCSIS 3.0-based package gives consumers monthly data transfer limits up to 200GB for downloads and up to 50GB for uploads, and costs CAD199.95 (USD197.20)
Tag Archives | business
O2 UK rolling out DC-HSPA+?
British mobile network operator O2 UK has reportedly begun the deployment of Dual Carrier HSPA+ (DC-HSPA+) technology, CNET UK claims. Citing an unnamed O2 UK spokesman as confirming the development, the cellco is understood to be rolling out the technology with a view to increasing theoretical downlink speeds to up to 42Mbps.
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Vimpelcom 1Q12 revenues increase 3% on a pro forma basis
Amsterdam-based telecoms group Vimpelcom has announced revenues of USD5.619 billion for the three months ended 31 March 2012, up 3% from USD5.481 billion one year earlier. EBITDA for 1Q12 grew 1% from USD2.285 billion to USD2.311 billion, while net income was reported at USD318 million, a drop of 29% year-on-year. CAPEX for 1Q12 dropped 13% to USD632 million
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MTel Q1 profits in line with forecasts
Hungarian telecoms carrier Magyar Telekom (MTel) has posted a first-quarter net profit of HUF13.02 billion (USD57.96 million), broadly in line with market expectations. Analysts polled by online business journal portfolio.hu had forecast the group to book a quarterly profit of HUH13.15 billion. The telco’s 1Q12 results were fuelled by a 2.9% year-on-year rise in revenues to HUF147 billion – driven by strong growth at its energy resale business – which helped to more than offset declining sales from core fixed and mobile activities
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First-quarter revenues stable at TDC
The Danish telco TDC has reported almost flat revenue growth for the first three months of 2012, with sales rising just 0.5% year-on-year to DKK6.64 billion (USD1.16 billion). Performance was hit by increasing competition and pricing pressures in the domestic mobile market, as well as further reductions in mobile termination rates and the continuing decline of the domestic fixed line business
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National unity: Vodafone joins Qtel in new Q.NBN agreement
Private/public venture Qatar National Broadband Network (Q.NBN) and Vodafone Qatar have signed an interim wholesale agreement to enable the latter to use the former’s planned passive fibre-optic high speed network to deliver telecoms services to customers.
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MTL launches WiMAX service
Malawi Telecommunications Limited (MTL), the country’s incumbent fixed line operator, has introduced a wireless broadband service based on WiMAX technology. The Daily Times cites MTL’s acting CEO Elias Imaan as saying that the new offering will be available to both residential and business customers, and will be rolled out in phases across the country, beginning with central business districts and some suburbs of Blantyre, Lilongwe and Mzuzu.
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AM looking for 28% stake in KPN
LatAm telecoms giant America Movil (AM, controlled by the Mexican tycoon Carlos Slim, has revealed plans to acquire up to 28% of the Netherlands’ leading carrier by revenues KPN Telecom (or Royal KPN as it is also known). In what would be the Mexican group’s biggest foray into Europe to date, Reuters notes that Slim is considering a deal worth up to USD3.45 billion to up its stake in the Dutch carrier. AM already owns 4.8% of KPN’s stock but has announced plans to table a cash offer worth EUR8 (USD10.4) per share to increase its equity holding to 28%
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T-Mobile’s Dutch unit to curtail fixed line activity
Dutch telco T-Mobile Netherlands is scaling back its aspirations in the domestic market and will no longer invest in fixed telephony and broadband services, De Telegraaf reportedly quotes its CEO Thomas Berlemann as saying. Going forward, the operator intends to focus its marketing activities on its core mobile business, although Berlemann insists T-Mobile will not sell the fixed line division, T-Mobile Online, rather it will no longer invest in the develop of its networks, products and services.
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STC and Mobily to push on with fibre rollouts
The Kingdom of Saudi Arabia’s two largest telcos, Saudi Telecom Company (STC) and Etihad Etisalat (Mobily), have both announced plans to expand the reach of their fibre-to-the-home (FTTH) networks. STC says it is hoping to pass 500,000 homes by the end of this year and to have reached two million by end-2013, Arabian Business reports. Meanwhile, Mobily subsidiary Bayanat al-Oula is planning to have reached 800,000 homes and businesses by 2016, according to Arab News
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- TNL (Oi) sets aside USD3.25bn for 2012 CAPEX April 19, 2012
- Tata drops out of running for CWW April 19, 2012
- TeliaSonera’s EBITDA falls 0.7% on 3.5% revenue increase April 19, 2012
- Telia Denmark raises LTE upload speeds April 19, 2012
- STC reports 60% rise in Q1 net profit April 19, 2012
- CAT puts 3G plans on hold; TOT told to do same May 18, 2012
- Look before you Leap; cellco to expand LTE coverage to 65m people by 2014 May 18, 2012
- Videotron delivers on 200Mbps promise May 18, 2012
- T-Mobile has no plans to introduce LTE handsets May 18, 2012
- Antares to merge with mobile TV operator Dominanta? May 18, 2012
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