Millicom has signed an agreement to acquire the remaining 45 per cent equity interest in its joint venture businesses in Guatemala (collectively, ‘Tigo Guatemala’) from its local partner for $2.2 billion (€1.9bn) in cash. As a result, Millicom will own a 100 per cent equity interest in Tigo Guatemala. The transaction is expected to be […]
Research has revealed that, on average, European telcos plan to invest £16 million (€18.5m) in tech and service development over the coming three years. The research, carried out in the UK, France and Germany on behalf of telecoms technology company Telness Tech, found that virtually all telcos (97 per cent) pledged to make immediate investments […]
Findings from Leichtman Research Group’s study, Pay-TV in the U.S. 2021, indicate that 71 per cent of TV households nationwide have some form of pay-TV service. The percentage of TV households that have a live pay-TV service (via cable, satellite, Telco, or Internet-delivered vMVPD) is down from 82 per cent in 2016, 87 per cent […]
A report from analysts at Northern Sky Research (NSR) forecasts that satellite-based 5G access could attract 400 millions of subscribers by 2030. The subscribing numbers will be made up of Smartphones and Internet of Things (IoT) devices. “Beyond traditional telco areas, multiple segments show accelerated growth from transition to 5G, generating $125.5 billion in cumulative […]
Video cord-cutting is expected to strip nearly $33.6 billion (€29.6bn) in annual revenue from traditional US multichannel services in the five-year outlook, according to analysis from Kagan. The impact of the migration of consumers from big subscription services, according to Kagan’s latest forecast for cable, direct broadcast satellite and telco multichannel revenue, is charting a […]
South Africa’s Openserve, currently a subsidiary of telco Telkom, and which looks after the operator’s wholesale business division, is to be given a listing on the Johannesburg stock exchange (JSE). This move is additional to the separate JSE listing of the spinning off of its Swiftnet masts and towers division – and a likely 20 […]
The quarterly variations in the pace of US traditional multichannel erosion offered slight improvement in the second quarter of 2021 without fundamentally altering the longer-term trajectory, according to Kagan, a media research group within S&P Global Market Intelligence. Losses to cable, telco and satellite video services slowed from the year-ago period to 1.5 million and […]
Southeast Europe—focused telecommunications services and media provider United Group has reached an agreement with Crystal Almond Holdings Limited to acquire Greek multiplay telco Wind Hellas, one of the country’s three mobile operators. Wind has a total of 4.2 million users and offers mobile, fixed, Internet, and television services. It generates revenues in excess of €500 […]
Telia, the Swedish multinational telco, has reported that net sales declined 1.1 per cent to SEK 43,691 million (€42.5m) and like for like, net sales increased 2.4 per cent in H1. Service revenues decreased 3.1 per cent to SEK 37,629 million and like for like, service revenues increased 0.4 per cent in the same period. […]
There was a 24 per cent increase in the amount of digging work performed by the UK’s telecoms industry last year, according to Digging up Britain 2021. The report by LSBUD, which provides a free to use online search facility for underground pipes and cables, reveals that there were 1,125,843 searches through its portal by […]