Advanced Television

Telco

South Africa: Telkom to cut 15% of staff

South Africa’s partially state-owned telco, Telkom, has entered into a required consultation process with unions and regulators with the intention of letting go some 15 per cent of its workforce, or about 1,725 people. “The process will impact all business units and subsidiaries and is intended to ensure the sustainability of the group,” Telkom told […]

February 16, 2023By Chris Forrester

Liberty Global acquires Vodafone stake

Liberty Global has acquired 1.335 billion shares in Vodafone Group PLC, representing 4.92 per cent of the outstanding share capital (excluding treasury shares). The transaction was principally funded through an attractive non-recourse financing, requiring equity funding from Liberty Global of approximately £225 million (€254m). “We believe, like many others, that Vodafone’s current share price does […]

February 14, 2023By Colin Mann

Denmark: Airties selected by YouSee

Airties, a supplier of managed Wi-Fi solutions for service providers globally, is providing YouSee with a portfolio of Smart Wi-Fi software and services to support its broadband subscribers across Denmark. YouSee, a Nuuday company, is one of Denmark’s largest telcos, offering a range of services including Internet, TV, and mobile voice. YouSee have deployed Airties’ […]

February 14, 2023

Euro telco majors form ad tech JV

Deutsche Telekom, Orange, Telefónica and Vodafone are to form a joint venture for the implementation of a privacy-by-design digital marketing technology platform in Europe that they say could benefit consumers, advertisers and publishers alike. The creation of this new entity has been approved by the European Commission, pursuant to the European Union Merger Regulation. The […]

February 13, 2023By Colin Mann

Structural changes hit Thaicom profit

Satellite operator Thaicom has announced its financial results the year 2022. During the year, the company saw the core profit (profit attributable to owner of the company before unrealised gain (loss) on exchange rate of the company and joint ventures and before extra items) at Baht 527 million (€14.5m), increased by 995.3 per cent compared […]

February 13, 2023

Report: Internet access impacts US CE ownership

While availability of Internet and speed of that service can vary widely from state to state, or even county to county, there are a number of technology devices that have reached parity levels among connected households in rural and urban US markets. Those include, TVs, video game consoles, smartwatches, activity trackers, and tablets, according to […]

February 10, 2023

Millicom Q4 revenue up 10.1%

Millicom, the LatAm telco, has released its Q4 2022 results. Revenue was up 10.1 per cent YoY to $1.38 billion (€1.29bn) and operating profit increased 17.2 per cent to $203 million, reflecting the Guatemala acquisition. Service revenue was up 2.3 per cent to $1.15 billion, organically fueled by broad-based growth across business lines and countries. […]

February 10, 2023

Macquarie, Ardian eye Vodafone Spain

Australian Fund Macquarie Capital, the main shareholder in telco Onivia, and French company Ardian, owner of regional telco Adamo Telecom, are both seeking to buy Vodafone Spain’s network that covers 10.5 million households (out of which 7 million are cable deployments and 3.5 million FTTH lines), and is currently valued at €4 billion, according to […]

February 9, 2023From David Del Valle in Madrid

EE expands 5G into rural populations

EE has revealed new details of its nationwide investment to connect the UK to 5G, with the technology reaching hundreds of rural communities across the UK for the first time. A series of new innovations that will boost the range, resilience and energy efficiency of mobile connectivity in the years ahead have also been unveiled. […]

February 9, 2023

Research reveals tech savvy tweens

Research reveals almost half (47 per cent) of parents and carers feel their children know more than them when it comes to digital technology, with 60 per cent claiming they wish they were more digitally savvy. The study, conducted by multiplay telco Vodafone, reveals a digital knowledge gap between the generations, citing 12 as the […]

February 7, 2023