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The Sunday Brief: The plight of the resurrected telco

Greetings from Hilton Head Island (SC),  Davidson/ Lake Norman (NC) and Omaha (NE).  Pictured is a long-time friend and former colleague, Christopher (“Topher”) Wren and I having a terrific conversation and dinner at Stokes in downtown Omaha.  Topher is currently the Senior Vice President...

Rakuten Mobile’s 4G network reaches 80% of Japan’s population

Japanese mobile operator Rakuten Mobile said its 4G network already reaches 80% of the country’s population, with plans to reach 96% this summer. In a conference call with investors, Rakuten Mobile’s President Yoshihisa Yamada said that the company has already reached limited 5G services in...

EE doubles 5G footprint in recent fiscal year: BT

U.K. carrier EE, part of telecom group BT, has doubled its 5G footprint in the recent fiscal year, with its next-generation offering currently available in 160 towns and cities across the country, BT said in its earnings statement. BT also said that EE’s “5G-ready customer...

Chips are down until 2023, confirms IBM president

IBM president: 'The solution to the shortage involves exploring alternative ways to meet consumer demand' Towards the end of April, Intel and TSMC the indicated that the global shortage of semiconductors might continue until 2023. This week, IMB President Jim Whitehurst reportedly confirmed this...

Korean carriers add 2.61 million 5G subscribers in Q1

South Korea’s mobile operators added a total of 2.61 million 5G subscribers in the first quarter of the year, according to data from the carrier’s earnings statements. Korean carrier KT added 785,000 5G subscribers in the first quarter. KT had a total of 4.4 million 5G...

Helios Towers expands to the Middle East with Omantel agreement

Helios will lease nearly 3,000 cell sites from Omantel for 15 years With its agreement to lease roughly 3,000 cell sites for $575 million from Omantel, Helios Towers is officially expanding to the Middle East. The deal, which the tower company said aligns with its...

Movistar selects Nokia for 5G deployment in Chile

Chilean mobile operator Movistar, owned by Spanish telecoms giant Telefonica, has selected Nokia to provide its AirScale portfolio to launch the operator’s 5G network in Chile. In addition, Nokia will upgrade Movistar’s 4G and "4G+" networks to strengthen the critical network backbone across Chile’s key...

NYSE ratifies delisting of China’s three main mobile operators

The New York Stock Exchange (NYSE) rejected the appeals by the three main Chinese mobile carriers to a delisting related to a presidential order blocking U.S. investment in companies considered a national security threat. The Chinese operators said their delisting will be effective 10 days...

Verizon Business strengthens cloud, NaaS offering with RingCentral partnership

Verizon Business CEO: 'The work-from-anywhere model will continue to be a major factor for businesses' Verizon Business and RingCentral are teaming up to deliver a co-branded, cloud-based enterprise communication service that will integrate team messaging, video meetings and a cloud phone system. According to Verizon,...

IDC: A rebound in the second half of 2020 led to a flat year for global telecom services

The global telecom and pay-TV markets saw flat revenues in 2020 and an overall "neutral" impact from the global pandemic after a rebound in the second half of the year, according to IDC. The analyst firm pegged global revenues for last year at $1.53...

Initial 6G deployments to occur in 2028 or 2029: ABI Research

The initial commercial deployments of 6G technology are forecast to take place between 2028 and 2029, according to global tech market advisory firm ABI Research. The research firm also said it expects the first standards for 6G to be ready by 2026.   "X Reality (XR),...

Telefonica Deutschland uses carrier aggregation to pave the way for 5G SA

German operator Telefónica Deutschland/O2, which is controlled by Spanish telco Telefónica, is bundling frequencies using carrier aggregation (CA) technology to raise speeds for customers on its 5G networks. "We are continuously working on the further development of 5G in order to be able to offer...

Chunghwa Telecom targets 10,000 5G base stations by end-2021

Taiwanese operator Chunghwa Telecom expects to end 2021 with over 10,000 5G stations across Taiwan, the company’s president, Harrison Kuo, said during a conference call with investors. Kuo said that the operator is currently operating a total of 6,300 5G sites across Taiwan. “In the first...

American Tower to sell 30% of its European business to CDPQ

American Tower Corporation (ATC) and Caisse de dépôt et placement du Québec (CDPQ), a global investment group, announced that the latter will acquire a 30% stake in ATC Europe. ATC said that the transaction is valued at over 1.6 billion euros ($1.92 billion), implying an...

Telus to deploy 5G in 529 new Canadian communities by end-2021

Canadian telecoms operator Telus announced plans to expand its next-generation 5G network to an additional 529 new urban and rural communities across the country by the end of the year. The 5G expansion plan includes deployments in 187 communities in British Columbia, 161 in Quebec,...

India authorizes 5G trials with four vendors

India’s Department of Telecommunications (DoT) has authorized local carriers to carry out trials of 5G technology in the country. In a statement, DoT said that the permits were given to Bharti Airtel, Reliance Jio Infocomm, Vodafone Idea and MTNL, which will carry out these 5G...

T-Mobile reports ‘beat-and-raise’ Q1 as it executes ‘worst-to-first’ strategy

T-Mobile US this week report a strong first quarter marked by 1.2 million postpaid net subscriber additions and 773,000 postpaid adds. T-Mo reported total revenue of $19.8 billion with net income of $993 million. In what CEO Mike Sievert described as a "beat-and-raise quarter,"...

Deutsche Telekom upgrades 75 telecom sites to 5G

German operator Deutsche Telekom has built up 5G capacities at 75 locations across Germany in the past eight weeks, the carrier said in a release. Deutsche Telekom said it had implemented Dynamic Spectrum Sharing (DSS) to upgrade these LTE sites. In addition, the German operator...

Elisa’s 5G network reaches over 100 locations in Finland

Finnish operator Elisa said its 5G network already reached over 100 locations across the country, covering half of Finland’s population. During the first months of the year, Elisa's 5G network was expanded in various parts of Finland. Recently, the construction of new mobile technology has...

Korean operators end March with almost 14.5 million 5G subscribers

South Korea ended March with a total of 14.48 million 5G subscribers, up from 7 million 5G users in May 2020, local news agency Yonhap reported, citing data from the Ministry of Science and ICT. The total number of 5G subscribers at the end of...

ATC invests in different areas to be ready for continued 5G rollouts: CEO

American Tower Corporation (ATC) has been investing in more efficient and scalable power solutions at many of the company’s sites to be ready for the requirements of U.S. carriers extending their 5G networks nationwide, the company’s President and CEO, Tom Bartlett, said during a...

Verizon confirms sale of media assets to Apollo for $5 billion

Verizon CEO: 'Verizon Media will take off in its new home' Anyone who has followed the storyline of Verizon’s media assets knows that it’s been a somewhat rocky, convoluted journey, beginning with the carrier’s purchase of AOL for $4.4 billion in 2015, and then Yahoo...

The Sunday Brief: Cable stole my growth!

May Derby greetings from Lake Norman/ Davidson/ Charlotte, NC (pictured is one of the juleps consumed while watching the Derby with friends).  We are going to do as much as possible to conserve print this week because of the concentration of earnings releases, but...

America Movil not expecting higher capex levels due to 5G: CEO

Mexican telecom giant América Móvil's expected launch of 5G in certain markets will not represent a boost in its planned capex for this year, CEO Daniel Hajj said during the telco's Q1 results call. The operator confirmed it will invest $8 billion this year, including...