Cellnex, the Spanish infrastructure giant, is rumored to be considering a sale of a minority stake in its Nordic operations, specifically Sweden and Denmark. With nearly €1 billion at stake, this move aligns with earlier sentiments expressed by CEO Marco Patuano. Combining this potential sale with recent acquisitions, loan procurements and collaborations, Cellnex aims to streamline its operations, tackle its massive debts and redefine its strategy for the European tower infrastructure market. Let’s delve deeper into the winding paths and potential outcomes at the upcoming Total Telecom Congress.
T-Mobile’s fruitful Q2 performance exhibits impressive growth with an increase of 760,000 postpaid phone customers and 509,000 Fixed Wireless Access home Internet customers. On the financial front, a 2.8% YoY service revenue hike pushed their accounts to $15.7 billion, despite a minor 2.6% dip in overall revenue. The telecom giant further asserted its prowess with a record low postpaid churn of 0.77%, prompting an upward revision of its yearly customer addition expectations.
Verizon and YouTube team up to offer NFL Sunday Ticket, Cisco and Qwilt enhance content delivery in Italy, Verizon and AT&T notify customers of new fees, Google rolls out safety feature for detecting Bluetooth trackers on Android devices, and worldwide smartphone market sees a 10% decline in Q2 2023.
In the face of adversity, the Verizon Frontline Crisis Response Team has continued its unwavering commitment to providing essential support to first responders throughout 2023. Responding to 873 critical communications requests from public safety agencies, the team has proven to be an invaluable asset in challenging situations.
If you’ve ever contemplated making the leap from your trusty flagship phone to a foldable device, Samsung’s latest offering, the Galaxy Z Fold 5, is here to entice you. While it may not be everyone’s cup of tea, the Fold 5 presents significant enhancements that set it apart as a more user-friendly, durable, and productive foldable phone compared to others in the market.
The UK telecom authority, Ofcom, released its quarterly findings revealing increased customer complaints related to telecom and Pay-TV services. With Pay-TV, fixed broadband, landline, and pay-monthly mobile sectors under examination, the report uncovers the underpinning issues like changing providers, billing, and service faults. Notably, TalkTalk garnered the most complaints in the landline and fixed broadband sectors, while BT Mobile led in the pay-monthly mobile domain.
Four powerhouse telecom companies have forged an alliance to harness the potential of Artificial Intelligence (AI), revolutionizing customer experiences and uncovering potential business opportunities. This alliance, brought to life in Seoul, South Korea, promises to co-develop a Telco AI Platform, pioneering new AI services, like digital assistants and super apps. The initiative has been seen as a forward-thinking response to the escalating global interest in AI within the telecommunications industry. Imminent discussions at the Total Telecom Congress will shed more light on this transformational feat.
Dish Wireless, through its Boost Mobile branch, is courting Amazon Prime users with discounted SIM kits for its postpaid Infinite Unlimited plan. The flat rate monthly service promises unlimited connectivity, but with potential speed limits for heavy data users. However, the lack of compatible devices and reliance on AT&T and T-Mobile’s networks pose noteworthy challenges, dampen the impact of the partnership, and call into question its ability to significantly boost Dish’s customer base.
Spectrum Enterprise, a division of Charter Communications, Inc., has recently inked a multi-year contract with the State of Wisconsin Department of Administration. The agreement will grant state agencies, municipalities, and educational institutions access to Spectrum Enterprise’s diverse portfolio of network, internet connectivity, and cybersecurity solutions. This move aims to streamline technology services procurement, fostering connectivity among employees and citizens and ensuring seamless digital operations.
Crown Castle, focusing on a restructuring plan, intends to trim its workforce by 15% in response to telecom firms reducing investment. Alongside staff reduction, it will cease tower installation services while continuing to offer site development. Despite lowered earnings predictions, the second quarter of 2021 showed strong revenue growth, highlighting the company’s resilience in a challenging market.
