Jordanian cellcos have warned that a planned increase in electricity prices would have a negative impact on the telecoms sector, the Jordan Times reports. Spokesmen from all three of the Kingdom’s cellcos – Jordan Telecom Group (Orange Jordan), Zain Jordan and Umniah – have protested against the planned pricing change, which would see costs for power increasing by between 8% and 40%. Due to the intensely competitive nature of Jordan’s wireless sector, operators are reluctant to raise tariffs to recoup the additional expenses, and the costs could instead eat into funds earmarked for future developments, to the detriment of the sector as a whole
Tag Archives | telecom
Look before you Leap; cellco to expand LTE coverage to 65m people by 2014
Leap Wireless International plans to expand the projected coverage offered by its in-deployment Long Term Evolution (LTE) network from 20-25 million people by the end of this year, to 60-65 million by late-2013/early-2014, Fierce Wireless reports.
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PT Q1 revenues increase 97%, thanks to Oi, Contax consolidation
Portugal Telecom (PT), Portugal’s largest fixed line operator by subscribers, has reported revenues of EUR1.716 billion (USD2.183 billion) for the three months ended 31 March 2012. This figure represents an increase of 97.0% compared to the EUR871 million generated during the first quarter of 2011. EBITDA for 1Q12 grew 59.9% year-on-year, from EUR357 million to EUR572 million, while CAPEX increased 111.9% to EUR259 million
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Xinwei to launch services in August
Beijing-based network infrastructure provider Xinwei Telecom is gearing up to launch multi-carrier wireless in the local loop (McWiLL) services, based on SCDMA technology in Cambodia. The Phnom Penh Post cites a company statement as saying that Xinwei Cambodia plans to introduce the network in August this year, with backing from the China Development Bank. Xinwei was officially awarded a full-service unified telecoms operator licence (allowing fixed and mobile services) by the Cambodian government in August 2011, via which the Chinese firm says it will launch its first international venture as a network operator, having previously acted as telecoms equipment vendor in around 20 countries worldwide where it has secured contracts to supply and deploy McWiLL-based systems
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Oi reports tripling in Q1 profits as business plan gains traction
Brazilian telecoms group Oi SA, the company formed through the restructuring of Telemar Participacoes’ former operating divisions Brasil Telecom, Tele Norte Leste Participacoes, Coari Participacoes and Telemar Norte Leste, says net income tripled to BRL346 million (USD174 million) for the first three months of this year, up from BRL93 million in Q1 2011.
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Morgan Stanley trims KPN stake to 4.93%, financial regulator*says
MarketWatch reports that Morgan Stanley has reduced its stake in Dutch telco KPN Telecom (also known as Royal KPN) from 10.01% to 4.93%. Citing a report by the Dutch financial regulator Autoriteit Financiele Markten (AFM), the journal says the change was made on 11 May. The AFM filing confirms that Morgan Stanley’s stake comprises 2.33% in shares and 2.60% in futures and options.
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Brazil’s cellcos to mount legal challenge to Anatel’s 4G auction plan
Four leading Brazilian mobile operators are said to be planning to mount a legal challenge to the regulator Anatel’s plan to hold an auction of 4G wireless licences in June this year. The four – Telefonica of Spain’s Vivo Participacoes, Telecom Italia-backed TIM Brasil, locally owned Telemar Norte Leste (Oi) and America Movil’s local Claro unit – filed separate petitions last Thursday, an Anatel spokesman is quoted as saying
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Profits up, down at HT Mostar, BH Telecom
Majority state-backed Bosnian cellular, fixed and broadband operator HT Mostar has reported that its net profit for the full-year 2011 rose by 32.1% to BAM10 million (USD6.6 million), up from BAM7.6 million in 2010. Elsewhere, another state-controlled Bosnian telco, BH Telecom, reported a drop in its 2011 annual net profit to BAM134.3 million, down by 2.4% from the BAM137.6 million figure it posted for 2010.
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Comcel selects ZTE for managed services
China’s ZTE Corporation has signed an agreement to provide managed services to Mexican-backed cellco Comcel. The Chinese vendor said in a statement that the deal included the provision of base transceiver stations (BTS) and power equipment to the Colombian operator. ZTE claimed that this most recent agreement built on an earlier deal with Telefonica Telecom and, as a result, it would provide managed services to more than 6,000 sites in Colombia.
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China Telecom pushes fibre services in Shanghai
China Telecom plans to increase the number of subscribers using its fibre-to-the-home (FTTH) services in Shanghai by one million by the end of the year, bringing the total FTTH customer base for the city to 2.3 million, C114 reports Zhang Weihua, the telco’s manager for Shanghai as saying. At the end of 2011, China Telecom’s FTTH network passed 4.5 million homes, with 1.3 million subscribers taking fibre-based services. The telco aims to achieve citywide FTTH coverage by the end of 2015, and have increase the proportion of broadband customers taking fibre services to 90% by that date
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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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