Telia, Sweden’s telecom giant, is reportedly considering selling off its broadcasting division, TV4, with negotiations in progress with potential buyers. This comes as TV4’s value declines, attributed to dwindling ad revenue and challenges with premium sports content. Critics suggest Telia misunderstood the complexities of the TV industry, with former CEO of TV4, Jan Scherman, openly critical of the acquisition.
Distinguished selections, momentous awards, and unprecedented telecom innovations marked the recent proceedings. Notably, Telia Company’s Global IoT Connectivity solution won the B2B Service of the Year, while PT Telekomunikasi Selular took laurels in the Digital Transformation Programme category.
Ericsson and Telia join forces to establish the Baltics’ first enterprise 5G network at a key supply site in Estonia, aiming to enhance productivity, agility, and sustainability, while enabling connected use cases like asset monitoring, digital twins, and more. This collaboration also boosts Ericsson’s growing private 5G offerings and emphasizes the potential of private 5G networks in driving innovation across various industries.
Telia Company, a Swedish telecommunications operator, has announced changes to its top management that will put sustainability at the forefront of the company’s agenda. In March, Ola Rembe, a former executive at Ericsson, will become Senior Vice President and Head of Communications, Brand and Sustainability at Telia. This newly created position combines these different roles for the first time. When it comes to sustainability, Telia is regarded as one of the telecom companies with more progressive thinking. The corporation has established specific goals to achieve a value chain that will be carbon neutral by 2030 by at least halving greenhouse gas emissions and offsetting the remainder. In addition, Telia has mandated that its suppliers set science-based goals, and last year it was disclosed that 29% of the suppliers participating in its supply chain emissions had already done so, with a further 21% in the process of receiving…
The Nordic telecom companies Telia and Ericsson have made important progress towards implementing 5G innovations for commercial use across Sweden in 2020, by launching their 5G development platform at KTH, the Royal Institute of Technology in Stockholm. Their hopes are for the network to play a vital role in developing innovative new solutions and services. The KTH campus was chosen as the host venue due to the research such as remote VR, Internet of Things (IoT) and industry automation being conducted at that facility. Professor Jan Gulliksen, the Vice President for Digitalization at KTH, appreciates this amazing opportunity “to have access to Sweden’s first 5G network here on campus.” He claims that it “gives our researchers, teachers and students a head start when it comes to understanding and developing this new technology ahead of its wider launch. This is exactly the kind of partnership we believe helps stimulate research-driven…
In a significant development, Malaysian telecommunications giant Axiata Group Berhad has officially confirmed its exit from the Nepalese market. The decision follows the announcement of an unconditional sale and purchase agreement with Spectrlite UK Limited for the divestment of Reynolds Holding Limited, the entity holding an approximately 80 percent equity stake in Ncell Axiata Limited.
Denmark’s leading telecommunication firm, TDC, is performing an internal review after fears of overleverage and slipping cash flow puts its credit rating at risk. The investigation is in early stages, with outcomes and possible transactions still unclear. However, TDC’s majority stakeholder, Australian firm Macquarie, will be watching closely. Despite a strategic split into separate business units last year aimed to accelerate growth, both have shown mixed financial results. Amidst increasing competition, TDC’s future is set against the backdrop of evolving telecommunications business models and industry debates.
Sweden’s recent spectrum auction has not only proved to be a triumph for the Swedish Post and Telecom Authority (PTS), but also for the nation’s digital future. The robust participation from the country’s primary operators substantiates the utility of the spectrum in bolstering Sweden’s wireless services and advancing its 5G capabilities. In an impressive display, not just of interest, but also of investment, an imposing SEK 4.23 billion ($380 million) was raised in a span of just one day. This unprecedented event echoes Sweden’s commitment to digital progress, with new licenses primed to spark a wave of innovative advancements in the long-term. Stay tuned for more updates on the fascinating world of telecommunications.
With BT Group’s current CEO Philip Jansen’s departure on the horizon, the telecommunications industry is abuzz as Telia’s top-notch leader Allison Kirkby is slated to step into his shoes in 2024. Equipped with a celebrated career within the telecom sector and experience as a non-executive director at BT since 2019, Kirkby’s ascension is anxiously anticipated.
At the Future Enterprise Networks event, experts discussed challenges of 5G private network adoption, emphasizing security benefits and market infancy. Strategies to expand usage to SMEs and overcoming obstacles like education and cost were also highlighted.