Strong Fixed-Line Position TT's pay-TV and fixed-mobile convergent service offering is built on the company's leading fixed-line position.
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Fixed-Line Revenue to Decline: Fitch expects KT's broadband and fixed-line voice revenue and ARPU to continue declining over the medium term.
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Kaztel is a strong fixed-line incumbent with dominant market shares in traditional telephony and fixed-line broadband services, operating in a benign regulatory environment.
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For BT, best known for its fixed line telephony, fixed line broadband and pay TV businesses, the merger marks a major return to a prior cellular playbook.
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The acquisitions of a fixed-line reseller operating in Slovenia and Croatia and a fixed-line operator in Bulgaria, which were consolidated late last year, helped boost results.
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Fixed-Line Revenue to Decline: Fitch expects KT's fixed-line voice revenue and ARPU to continue to decline due to increasing substitution of wireless services for fixed-voice service.
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The Montreal-based company, which is rolling out a major upgrade to its fixed-line network, said it decided not to match aggressive fixed-line promotions in Toronto, Canada's largest city.
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Nevertheless, Optus has both strong mobile and fixed-line broadband offerings.
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Another is for more mergers of fixed-line and mobile business.
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Elisa will buy Anvia's broadband, fixed-line phone and TV business.
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Fixed-line revenues in Germany are growing in low single digits.
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Proximus said it added customers for its TV and fixed-line internet products as well as mobile phone customers on monthly bills, while the number of people using prepaid cards and fixed-line telephone services declined.
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Oger Telekom owns 55 percent of Turkish fixed-line operator Turk Telekom.
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State-run Rostelecom is the major player in Russia's fixed-line communications.
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Fixed-line revenue declined 1.5 percent, but margins improved on cost-cutting.
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RIO DE JANEIRO (Reuters) - Brazil's largest fixed line carrier Oi SA (OIBR4.
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Stable Fixed-Line Operation: Performance in TDP's non-voice fixed line operation has remained relatively stable compared to mobile operation, and Fitch expects the company's broadband and pay-TV operation to undergo stable growth over the medium term.
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By contrast, the BT-EE deal was acceptable because the two companies—one primarily fixed-line, one mainly mobile—complemented each other, and the new entity should not harm competition in either the mobile or fixed-line markets.
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However, competition in the fixed-line and fibre broadband segments will remain moderate.
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In Britain BT, a fixed-line operator, has bought EE, a mobile firm.
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Deutsche Telekom said 900,000 of its 20 million fixed-line customers were affected.
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Yet, Brazil's largest fixed-line carrier insists there are no official negotiations underway.
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This gives it a stronger domestic fixed-line position than its European peers.
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The first example of its so-called converged offering will be hybrid broadband technology, which combines 4G mobile and fixed-line broadband to boost Wi-Fi signals in customers' houses and maintains connections if the fixed-line fails, Allera said.
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Anatel President Juarez Quadros also said in an interview that local fixed-line carriers migrating from the existing licensing model would have to invest an amount equal to the value of the so-called reversible fixed-line assets they hold.
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Some people will never own a fixed-line telephone or a desktop personal computer.
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The revamped laws could significantly reduce Oi's mandatory capital spending in fixed-line telephony.
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Worse, these tend to accrue to more dominant firms, notably old fixed-line incumbents.
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Telecom Egypt is the largest fixed-line operator in Africa and the Middle East.
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Fixed-line revenues are under more pressure, suffering from continuing decline in legacy voice revenues.
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To achieve that, wireless networks will need to be supported by existing fixed-line infrastructure.
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Saudi Telecom Company is now the only provider of fixed-line services in the kingdom.
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It will also allow mobile operators to offer fixed line services, ending Telecom Egypt's dominance.
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Worldwide, mobile and fixed line telecom operators are struggling with declining revenue amid intense competition.
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Most privacy laws were written for the age of postal services and fixed-line telephones.
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News agencies and residents said only fixed line internet, not mobile internet, was partially restored.
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News agencies and residents said only fixed line internet, not mobile internet, was partially restored.
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However, Colao said Vodafone could compete in any circumstances as mobile and fixed line markets converge, including if cable group Liberty Global bought O2227 or Three, as long as it could secure cheaper and more reliable access to former monopoly BT's fixed-line network.
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In Bezeq's fixed-line segment, where most of its growth stems, net profit slipped 2.8 percent.
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Its fixed-line business, which controls much of Israel's telephony and Internet infrastructure, would remain separate.
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But it has long trailed rivals in the fixed-line broadband market, with just 5.9 percent.
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The Turkish government owns nearly 32 percent of Turk Telekom, the country's largest fixed-line operator.
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Rostelecom is Russia's leading fixed-line telecoms operator, and the largest broadband and pay TV provider.
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KPN said in a statement on its website its fixed-line and mobile networks were down.
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The slight decline was due to discounts for customers taking combined fixed-line and mobile packages.
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They could also allow Egypt's three mobile operators to offer fixed-line services, ending TE's dominance.
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Iliad did not rule out entering the fixed-line business in Italy in future, Levi said.
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TIM has launched a process to put its fixed line network into a legally separate company.
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The traditional fixed-line voice segment is in a structural decline, which is likely to continue.
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The attack caused internet outages for about 4.5 percent of Deutsche Telekom's 20 million fixed-line customers.
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In Bezeq's fixed-line segment, where most of its growth stems, fourth-quarter profit dropped 31 percent.
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So far, Play's lack of a fixed-line offer has not affected its growth or financial performance.
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Consip, Italy's public procurement agency, awarded the tender for fixed line telephone services and connectivity last year.
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Telmex, a unit of tycoon Carlos Slim's America Movil , dominates the fixed line phone business in Mexico.
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Losing long-standing fixed-line voice revenue, many legacy telecom firms have expanded into more profitable areas.
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The move could allow Egypt's fixed-line monopoly Telecom Egypt to enter the mobile phone services market.
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Fixed-line customers have had problems connecting to Deutsche Telekom's network since Sunday afternoon, the company said.
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Deutsche Telekom said the rest of its customers could use its fixed-line network without any issues.
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Its network includes telephone poles and copper cables, which transmit fixed-line calls, mobile data and internet.
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The telecoms division added 93,000 fixed-line phone customers and 227,000 mobile customers in the third quarter.
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In Romania, the improvement in its mobile business more than offset a decline in fixed-line telephony.
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Turk Telekom is hoping that faster mobile data will whet customer appetites for better fixed line broadband.
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Kaztel estimated its fixed-line telephony market share by revenue at a dominant 200113% at end-200103.
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In Romania, profit fell 20%, hurt by a fall in revenues at both fixed line and mobile services.
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The company pioneered bundles of TV, internet access and fixed-line telephony under its Free brand in France.
|
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The Turkish government owns nearly 32 percent of Turk Telekom, operator of the country's largest fixed-line network.
|
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It last month announced the acquisition of Hutchison Telecommunications Hong Kong Holdings' fixed-line assets for $1.9 billion.
|
|
In Bezeq's fixed-line segment, where it makes most of its revenue, fourth-quarter profit dropped 31 percent.
|
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Although T2R lacks any fixed-line operations, this is addressed by its partnership with its strategic shareholder Rostelecom.
|
|
Analysts at UBS said the results were "solid," highlighting an expansion in some higher-end fixed line segments.
|
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What it does: Zipwhip software enables companies to send and receive texts through existing fixed-line business numbers.
|
|
Fixed-line broadband penetration remains low at 9.2% of households at end-2016, which leaves upside for growth.
|
|
Fixed-Line Supportive: TDC owns both the incumbent copper network and most of the cable infrastructure in Denmark.
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In fixed line and TV both the incumbent BT Group plc (BBB+/Stable) and cable operator Virgin Media Inc.
|
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Industry Minister Carlo Calenda meets Telecom Italia CEO Amos Genish on project to separate the group's fixed line network.
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In the meantime, Oi, Brazil's biggest fixed line carrier by geographic reach, continues to lose market share to rivals.
|
|
Unlike European countries, where wireline carriers offer nationwide service, fixed-line companies in the U.S. have fragmented regional footprints.
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|
In 2015, O2 Czech Republic, which included former fixed-line monopoly Czech Telecom and mobile operator Eurotel, was split.
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The phone incumbent is mulling the idea of raising fixed-line subscription rates for its clients, Il Messaggero said.
|
|
Fixed-line accounted for 45% of PLDT's EBITDA in 1H17, while the remaining 55% was from the wireless segment.
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Telecom Italia has requested such meetings and a possible spin-off of the fixed-line network could be discussed.
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|
Ceylinco Insurance Plc rose 5.2 percent, while fixed line telephone operator Sri Lanka Telecom Plc closed 2.2 percent firmer.
|
|
However, revenues overall declined due to shrinking declining fixed-line revenues, as well as lower revenues from business customers.
|
|
Internet outages hit as many as 900,000 of its users, or about 4.5 percent of its fixed-line customers.
|
|
Orange Polska has suffered due to a continued decline in its fixed-line business and increased costs of sales.
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At stake is the future of the sole fixed-line operator in about a third of Brazil's 5,500 municipalities.
|
|
Labour said it plans to nationalise telecoms provider BT's fixed-line network if it wins Britain's December 12 election.
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CMB and EFL (Enterprise and Fixed Line and Broadband), and post an optimal manpower planning will be moved accordingly.
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DERIVATION SUMMARY KT's market position is strong, especially in fixed-line operations where its market share is around 80%.
|
|
Analysts, however, say Liberty and Vodafone remain natural partners in Europe as mobile and fixed line broadband markets converge.
|
|
TIM's fixed-line network could be worth between 6-13 billion euros, L'Economia said on Monday, citing infrastructure experts.
|
|
France Télécom was caught flat-footed by the digital revolution, as fixed-line subscribers dropped away by the thousands.
|
|
Vodafone NZ has more than 2.35 million mobile connections and more than 500,000 fixed-line connections in New Zealand.
|
|
Fixed-line desk phones were an intrusion in their day, before the mobile phone brought work interruptions into the home.
|
|
The Swedish-owned challenger only offers mobile and cannot compete with bigger players with 'converged' fixed-line and mobile services.
|
|
In the company's fixed-line business, which generates most of its growth, net profit in the quarter slipped 2.8 percent.
|
|
SAO PAULO, Aug 2 (Reuters) - Oi SA, Brazil's largest fixed line telecom firm, called a general shareholders' meeting on Sept.
|
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Brazil's largest fixed-line carrier also said its capital expenditure climbed 50.7% in the second quarter to 2.06 billion reais.
|
|
Consolidation of local loop unbundling providers has resulted in duopolistic competition in infrastructure-based fixed line within the consumer segment.
|
|
SKT also has narrower operating EBITDAR margins due to higher marketing costs, tougher competition and declining fixed-line telephony services.
|
|
The company is expected to shift into a net loss due to a continued decline in its fixed-line business.
|
|
Three's flat rate of £63 a month compares well to what other fixed-line providers are offering in my area.
|
|
Total subscribers including fixed-line rose to 19.61 million at the end of June from 18.34 million a year earlier.
|
|
Operators increasingly need to provide triple- and quad-play services, where customers buy mobile, fixed-line, internet and TV together.
|
|
On Tuesday, Vodacom, a unit of Vodafone, dropped a planned acquisition of local fixed line operator Neotel, citing regulatory complexities.
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|
IT IS GOING TO FIXED LINE WIRELESS, WHICH COULD BE LIKE A CABLE SERVICE EFFECTIVELY WITHOUT THE WIRE – VESTBERG: ABSOLUTELY.
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|
L) fixed-line infrastructure arm Openreach is completed — findings are due on Thursday — and European regulators rule on Hutchison's (0001.
|
|
"A nationwide telephone disruption is affecting fixed-line and mobile services," KPN said in a short statement on its website.
|
|
Some Elliott directors have been unhappy that Genish is opposed to selling control of TIM's fixed-line networks, sources have said.
|
|
Oi, Brazil's No. 4 wireless phone carrier, also has the largest fixed-line network that loses money on a regular basis.
|
|
America Movil has been denied a TV license in Mexico since the privatization of Telmex, its fixed-line unit, in 1990.
|
|
Strong Competitive Position: TT's pay-TV and fixed-mobile convergent service offering is built on the company's leading fixed line position.
|
|
There were also no major EU concerns about the impact in the Czech Republic of combining fixed line and mobile services.
|
|
It is still expected to stay the market leader for home internet and fixed line phones which Tigo does not offer.
|
|
Within its franchise area, Telenet services around 65%-7503% of households, to which it provides TV, broadband or fixed-line telephony.
|
|
Now you think about all of the transitions that have occurred from, you know, fixed-line voice to wireless to broadband.
|
|
Deutsche Telekom said in a statement that the rest of its customers could use its fixed-line network without any issues.
|
|
The company, the only fixed-line carrier in a third of Brazil's 5,500 municipalities, filed for bankruptcy protection in July 2016.
|
|
The new rules drew opposition from a labor union representing 60,000 workers at America Movil's fixed line unit, known as Telmex.
|
|
Targeted firms include mobile carriers NetOne and Telecel, fixed line operator TelOne and savings bank POSB, all owned by the state.
|
|
Limitations in the ratings relative to the peers also reflect a weaker market position and a lack of fixed-line operations.
|
|
A fixed-line network controlled by the former monopoly, which also has extensive retail operations, would likely fall foul of regulators.
|
|
It expects revenue to stay under pressure this year, as it expects falling fixed-line business to outweigh only benign mobile growth.
|
|
The Hong Kong fixed-line telecom operator received US$3.3bn in orders for a US$670m bond that benefited from rarity value.
|
|
In March, the telecoms regulator approved a plan to separate part of Telmex and Telnor, another fixed-line unit, into new companies.
|
|
TN continues to focus on its fixed-line network and broadband services based on the strength of its national fibre backbone infrastructure.
|
|
JOHANNESBURG (Reuters) - South Africa mobile operator Vodacom on Monday dropped a planned acquisition of local fixed line operator Neotel, citing regulatory complexities.
|
|
The clampdown on communications remained in place for an eighth day, with no regular Internet, mobile phone or fixed-line links working.
|
|
Its strength stems mainly from the leading fixed-line operations of TT in Turkey with its increasing fibre deployment a key advantage.
|
|
It will also enable the British company to offer fiber connections to an additional 1 million households using Orange's fixed-line network.
|
|
However, Yaghi said BCE's fixed-line results should improve next year, once a network upgrade is largely completed in the Toronto area.
|
|
However, while it has seen strong growth in its mobile phone customer base, its fixed-line customer numbers have grown more slowly.
|
|
Mobile networks are largely inoperable in the Islamic State-held swathes of Iraq, areas which also have little fixed-line broadband infrastructure.
|
|
It would enable the combined company to offer fixed line and cell services as well as pay television and broadband internet access.
|
|
Shares in fixed-line telephone operator Sri Lanka Telecom Plc fell 0.28 percent, while market heavyweight John Keells Holdings fell 0.92 percent.
|
|
The firm is China's largest fixed-line service provider and the smallest among the three state-owned telcos in the mobile business.
|
|
Contraction in fixed-line voice revenue is likely to be offset by solid growth in internet protocol television (IPTV) and media business.
|
|
Separating fixed-line networks is seen as one of the few ways that legacy telecoms providers can create new value for shareholders.
|
|
Fixed-line phone group Telkom fell 3.6 percent after it cut dividends as it reported an 18 percent fall in annual profit.
|
|
French media group Vivendi has built up a 23.8 percent stake in former Italian fixed-line monopoly Telecom Italia since last year.
|
|
Just as important, Suri said the combined Nokia now can deliver not just equipment for mobile networks, but also for fixed-line.
|
|
AT&T bet on DIRECTV's satellite TV business aiming to beef up its bundles of cellular, broadband, TV and fixed-line phone services.
|
|
In 2012, the high-water mark of the business-mogul era, Telmex controlled 80% of the fixed-line market and 70% of mobile.
|
|
Like incumbent telecoms around the world, Telstra is facing falling profits from its traditional fixed-line networks and competition is squeezing mobile margins.
|
|
Fixed-line Market Dynamics We expect broadband and pay TV revenue growth to continue to compensate for pressures in the traditional voice segment.
|
|
We expect TT's fixed-line and post-paid mobile services to remain resilient in a slowing economy with continued demand for data connectivity.
|
|
If successful, this could create a telecom giant that would control over half of France's mobile and fixed-line markets, according to Reuters.
|
|
Turkish internet service providers TTNET, a unit of fixed-line operator Turk Telekom, Uydunet and Turkcell did not respond to requests for comment.
|
|
The revamped laws could significantly reduce Oi's mandatory capital spending in fixed-line telephony, where the company loses money on a regular basis.
|
|
The secular decline in higher-margin fixed-line voice and SMS services is placing pressure on the operating cash flows of most companies.
|
|
Revenue from SKB's IPTV and broadband businesses rose by 24% in 2016 while fixed-line telephony service revenue continued to decline by 18%.
|
|
The sector is still underdeveloped in the Philippines, where fixed-line services are notoriously expensive and slower than other countries in the region.
|
|
Growing Broadband and Media: The decline in KT's traditional fixed-line telephony service is increasingly offset by its growing broadband and media businesses.
|
|
Telus said it expected to spend more this year than earlier projected as it builds out an upgraded fiber-optic fixed-line network.
|
|
Telecom Egypt, the country's fixed-line monopoly, last month acquired the 4G licence at a cost of 7.08 billion Egyptian pounds ($797 million).
|
|
And while the slow strangulation of real fixed-line broadband competition is great news for Comcast, it's decidedly less stellar news for you.
|
|
The deal comes days after Deutsche Telekom expanded its fixed-line footprint in the Netherlands and signed a letter of intent for Poland.
|
|
Despite the rollout of the NBN now reaching deep into metropolitan areas, Australia's mobile internet continues to comfortably outperform fixed line, averaging 2150Mbps.
|
|
I experienced latency of around 220ms while playing Overwatch, which is the same as what I usually get from my fixed-line connection.
|
|
SAO PAULO, March 26 (Reuters) - Brazil's biggest fixed-line carrier Oi SA on Thursday reported a larger-than-expected fourth-quarter net loss.
|
|
Expansion in these non-telecom revenues is likely to offset slowing growth in wireless as well as a decline in fixed-line operations.
|
|
We view the position as structurally supportive for the company's long-term credit profile due to the lack of alternative fixed-line infrastructure.
|
|
Bell's fixed-line business weighed as it signed up fewer new television customers than expected, partly due to competitive pressure and economic headwinds.
|
|
"We are in a better position because we have a fixed line proposition which is becoming much more interesting now with 5G," Donovan said.
|
|
The government plans to recapitalize cash-strapped Tanzania Telecommunications Corp (TTCL), which provides mobile voice, data and fixed-line services, the president's office said.
|
|
TTCL, established in 1993, is the largest fixed line telecommunications company in Tanzania, but has a tiny share of the country's mobile phone market.
|
|
He said the focus in Britain was to combine fixed-line and mobile services but talks on a tie-up might extend there too.
|
|
Top fixed-line phone operator Sri Lanka Telecom fell 5.4 percent and Lion Brewery Ceylon Plc lost 4.9 percent, dragging the overall index down.
|
|
Contraction in fixed-line voice revenue is likely to be offset by solid growth in the internet-protocol television (IPTV) and other media businesses.
|
|
Speaking in parliament, Luigi di Maio said Rome was studying the advantages of a potential spin-off of Telecom Italia's (TIM) fixed line network.
|
|
The new legislation transfers to carriers the ownership of assets related to their fixed-line concessions, clearing up lingering legal uncertainties from old regulations.
|
|
However SKT's credit quality will remain intact as stronger financial metrics will offset the weaker position in fixed-line and media, Fitch Ratings says.
|
|
Investors expect Genish to tackle the future of Telecom Italia's fixed-line network, estimated by analysts to be worth up to 15 billion euros.
|
|
But like incumbent telecoms around the world, Telstra is facing falling profits from its traditional fixed-line networks and competition is squeezing mobile margins.
|
|
A more limited fixed line partnership with Cisco in 2004 failed to generate any real value due to disagreements between sales forces, he said.
|
|
The Chinese are the latest in a string of foreign investors who have floated a potential cash injection into Oi, Brazil's largest fixed-line operator.
|
|
In the German home market, service revenues rose by 2.8 percent in the quarter as Telekom pushed "converged" products of fixed-line and mobile services.
|
|
Reuters earlier reported the sale of the business, Wharf T&T - the city's second-largest fixed-line operator for businesses, according to the firm's website.
|
|
Shares in leading fixed line telephone operator Sri Lanka Telecom Plc ended 4.8 percent down, while conglomerate John Keells Holdings Plc closed 0.7 percent lower.
|
|
In 2002 he launched his Freebox, which combined cheap web access, TV and fixed-line telephony, and in 2012 started selling low-cost mobile telephony.
|
|
Hutchison Telecom shares have risen nearly 23 percent since May 16, when it acknowledged media reports about a potential sale of the fixed-line business.
|
|
The company's diversified operations and wide operating margins compare favourably against similarly leveraged fixed-line peer, Telekom Malaysia Berhad (TM, A-/Stable, standalone profile: BBB+).
|
|
The European Union's fourth-largest economy comes last in the EU for Internet usage, with barely half of Italian households subscribing to fixed-line broadband.
|
|
In January, a Brazilian federal judge gave his blessing to Oi's reorganization after Brazil's top fixed-line telephone operator filed for bankruptcy in June 2016.
|
|
BroadSoft provides software and services that enable mobile, fixed-line and cable service providers to offer so-called unified communications over their internet protocol networks.
|
|
Heavy spending on new high-speed VDSL broadband services and a fast growing pay-TV business have helped the group win back fixed-line customers.
|
|
Sky provides pay television and free-to-air television services in New Zealand while Vodafone New Zealand provides broadband, fixed-line and mobile phone services.
|
|
Solid Non-Telecom Growth: Contraction in fixed-line voice revenue is likely to be sufficiently offset by robust growth in the IPTV and media businesses.
|
|
PA notes that the phone group's chief executive seems to view separation of its fixed line network as not that easy, a Vivendi spokesman said.
|
|
Local media have speculated that Oi, which has a geographically expansive fixed-line network in Brazil, would then discuss a possible tie-up with TIM.
|
|
Unable to access the internet, send letters, or even make calls using a fixed line, India's most volatile region has vanished from the modern world.
|
|
The transaction values Vodafone Qatar, which provides mobile and fixed-line services to around 1.4 million customers, at an enterprise value of 1.45 billion euros.
|
|
With fixed-line population penetration of 0.1% in Nigeria in 2015, 3G and LTE networks are the main way of providing high-speed broadband connectivity.
|
|
The companies said in a joint statement they welcomed the clearance and had received a number of expressions of interest for the fixed line unit.
|
|
AMSTERDAM (Reuters) - Dutch telecommunications company Koninklijke KPN said on Monday it did not know how long a nationwide mobile and fixed-line outage would last.
|
|
JERUSALEM, May 23.5811 (Reuters) - An ongoing price war hit Cellcom's first quarter net profit, despite growth in the fixed line business of Israel's largest mobile operator.
|
|
Cloud computing comprises 11.6 percent of total revenue, while that from fixed line - which fell 9.3 percent in the first half - makes up almost a fifth.
|
|
The company said sales of smart home devices and fixed-line equipment also saw robust growth, but it did not elaborate in the stock exchange filing.
|
|
In March, the phone group officially kicked off the process to put its fixed-line network into a legally separate company, which it would fully control.
|
|
Oi, Brazil's largest fixed line carrier, filed for bankruptcy in June 2016, triggering an 18-month fight between and among shareholders, bondholders, regulators, and state banks.
|
|
The first unified results after the deal showed growth in Alcatel's fixed-line equipment business softened the blow from the decline of Nokia's mobile wireless business.
|
|
The rating action also incorporates Fitch's expectation of a gradual recovery in EBITDA, reflecting the company's strategic focus on profitable growth and expanding fixed-line revenue.
|
|
Deutsche Telekom, Germany's largest telecom company, said internet outages hit as many as 900,000 of its users, or about 4.5 percent of its fixed-line customers.
|
|
The low cost operator is a unit of Iliad, which reported a fall in subscribers to its mobile and fixed line services in the third quarter.
|
|
CEO Luigi Gubitosi is close to giving Rothschild and Vital & Co a mandate to study possible solutions for the fixed-line network, Corriere della Sera reported.
|
|
The blackout resulted in a "near-total loss of access" for mobile and fixed line connections for most ordinary users, according to digital rights NGO NetBlocks.
|
|
Telstra has been under pressure from shareholders — its shares trade near 21-year lows — as competition and new technology hammer the firm's mainstay fixed-line businesses.
|
|
The division includes Wharf T&T - Hong Kong's second-largest business fixed-line operator, according to the firm's website - and television broadcaster I-Cable Communications Ltd.
|
|
Italy's market watchdog said on Wednesday a plan to spin-off into a separate company the telecoms group's fixed-line network was eligible for market analysis.
|
|
Nokia bought Alcatel-Lucent in a $15.6 billion deal which gave it a larger fixed-line network business and made it less dependent on mobile broadband.
|
|
Buying Franco-American Alcatel-Lucent expanded Nokia's business in fixed-line telecoms equipment and optical networks, which some analysts say has helped it to outperform Ericsson.
|
|
It could also invest in it to build a convergent player able to offer bundled packages of mobile and fixed line phone, internet and television services.
|
|
Vodafone said it had found no evidence of any unauthorized access and that Huawei could not have accessed the fixed-line network in Italy without permission.
|
|
Telecom Italia's fixed-line business is losing value, new competitors are appearing in both broadband and mobile and in Brazil it is grappling with economic malaise.
|
|
But hefty spending in new high-speed VDSL broadband services and a fast-growing pay-TV business have helped the group win back fixed-line customers.
|
|
Sales were almost flat at 929 million euros, with Greek and Romanian fixed-line business offsetting a revenue decline from Greek, Romanian and Albanian mobile operations.
|
|
It also has a strong position in the pay TV market with a 211% revenue share, although this is smaller than in other fixed-line segments.
|
|
"Wireless was strong, wireline was somewhat weak," said Maher Yaghi, an analyst at Desjardins, pointing to pressure from business accounts that cut into fixed-line revenue.
|
|
The EU executive gave its approval, conditional on Vodafone selling its consumer fixed line business in the Netherlands, the Commission said in a statement on Wednesday.
|
|
Meanwhile, most 5G marketing and press coverage tends to omit the biggest reason why 5G isn't likely to be a perfect replacement for fixed-line broadband: price.
|
|
But if it lives up to expectations, 5G wireless could put some fixed-line internet connections to shame, even at the lower end of its performance range.
|
|
BT launched a new strategy this month, cutting 13,000 jobs and seeking to combine the strengths of its fixed-line and mobile networks to offer faster services.
|
|
Leading Market Position: PLDT's ratings reflect its leading position in the Philippines, with 70% subscriber market share in fixed-line and 48% revenue market share in mobile.
|
|
The service will include access to television channels, fixed-line telephone calling and video conferencing and will be priced between 700 rupees to 10,000 rupees per month.
|
|
Hoettges said he nonetheless wanted to keep the stake as BT's strong UK market position across fixed line, mobile and media fitted with Deutsche Telekom's own strategy.
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But in May Elliott-appointed CEO Gubitosi said TIM should keep some kind of control of its fixed-line network if it is merged with Open Fiber.
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Orange Polska said earlier this year it expected revenue and EBITDA to remain under pressure in 13, with falling fixed-line revenue more than outweighing mobile growth.
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Telia's service revenue fell in Sweden, while marketing costs and credit losses increased and Dennelind said the negative trend within fixed line had been worse than expected.
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Sonia Jorge is Executive Director of the Alliance for Affordable Internet, a coalition to advance affordable access to both mobile and fixed-line Internet in developing countries.
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The government has transferred stakes worth billions of dollars of state assets, including stakes in flag carrier Turkish Airlines, major banks and fixed-line operator Turk Telekom.
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One-third of the polling average published by RealClearPolitics, and one-quarter of FiveThirtyEight's, came from automated, fixed-line-phone surveys conducted by Mitchell, a Michigan firm.
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Based in Gaithersburg, Maryland, BroadSoft provides software and services that enable mobile, fixed-line and cable service providers to offer unified communications over their internet protocol networks.
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Tata is also in initial stages of exploring combination of its Enterprise Business with Tata Communications and its Retail Fixed Line and Broadband business with Tata Sky.
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SKT will now have to change its long-term strategy for fixed-line and media to help to offset the slower growth in the wireless telecom business.
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Regulator Ofcom made BT "unbundle" parts of its network, and the company created a fixed-line network arm called Openreach in 5003 to offer access to competitors.
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Tata Communications Ltd gained as much as 7.99 percent after the company said it would sell its South-African fixed-line unit Neotel to Liquid Telecom Group.
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Heavy spending on new high-speed VDSL broadband services and a fast-growing pay-TV business have helped the group win back fixed-line customers in Greece.
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Vodafone is benefiting from growth in mobile data and higher take-up of its broadband services following heavy investment in both its mobile and fixed-line networks.
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AMSTERDAM, June 24 (Reuters) - Dutch telecommunications company Koninklijke KPN said on Monday it did not know how long a nationwide mobile and fixed-line outage would last.
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TELECOM ITALIA CHAIRMAN SAYS COMPANY SHOULD REMAIN IN CHARGE OF FIXED-LINE NETWORK EVEN AFTER POSSIBLE INTEGRATION OF FIBER-OPTIC ASSETS WITH THOSE OF OPEN FIBER - NEWSPAPER
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The Communications Ministry vowed to discuss rules that could significantly reduce Oi's mandatory capital spending on its fixed-line network - which loses money on a regular basis.
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The company consistently retains above 21000% market share in fixed-line broadband (2110% by subscribers at end-21000), where it generates almost half of its total revenue.
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DERIVATION SUMMARY Kaztel's ratings are driven by the company's strong market positions in key fixed-line segments, robust FCF generation, low leverage and a benign regulatory environment.
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Its advantage of being able to offer almost nationwide ADSL coverage across its existing fixed-line franchise will be supported by significant investments into new fibre infrastructure.
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Analysts worry that the combined Nokia-Alcatel Lucent will prove a more attractive supplier to telecom operators as it will be stronger in fixed-line data communications.
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AMSTERDAM (Reuters) - Dutch national telecommunications company Koninklijke KPN NV said a network outage has hit its mobile and fixed-line services, confirming earlier reports of a disruption.
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Vodafone boasts 462 million customers across Europe, Africa, India, Turkey and Egypt, but only owns mobile in some of them and could use its own fixed-line assets.
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The networks will cover 23.7 million households and would help Telefonica Deutschland to move up from its distant third position in fixed-line broadband, behind Deutsche and Vodafone.
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Last week, Rio de Janeiro-based Oi, which is Brazil's fourth-largest fixed-line operator, filed for court protection to restructure 65.4 billion reais ($19.4 billion) in debt.
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Fixed Voice Decline Mitigated The fixed line voice segment continues to demonstrate sharp revenue declines, driven primarily by fixed-to-mobile substitution and growing popularity of VoIP services.
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The reforms will allow Telecom Egypt to enter the mobile phone market directly, while allowing mobile operators to offer fixed line services, ending its domination of the sector.
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Although PLDT has higher financial leverage than AIS, PLDT's business profile is stronger due to its more diversified telecom services, which include both fixed-line and mobile services.
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Like traditional telecoms providers around the world, Spark faces the challenge of shifting its fixed-line broadband business to the growth industries of mobile phones and wireless internet.
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HONG KONG (Reuters) - Hutchison Telecommunications Hong Kong Holdings Ltd on Wednesday said it was in talks with various parties regarding a potential sale of its fixed-line assets.
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Hutchison Global Communications Ltd (HGC), a unit of Hutchison Telecommunications, provides a range of fixed-line telecommunications services in Hong Kong and overseas for corporate and residential users.
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Speaking to analysts following the release of fourth-quarter results, Chief Financial Officer Carlos Brandao said recent losses at Brazil's largest fixed-line firm were related to underinvestment.
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The networks will cover 23.7 million households and will help Telefonica Deutschland to move up from its distant third position in fixed-line broadband, behind Deutsche and Vodafone.
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Last week, Rio de Janeiro-based Oi, which is Brazil's fourth largest fixed-line operator, filed for court protection to restructure 65.4 billion reais ($19.4 billion) in debt.
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Sri Lanka has five mobile telephone network operators, including listed Dialog Axiata and Mobitel Sri Lanka, the mobile arm of listed fixed line phone operator Sri Lankan Telecom.
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While KT has strong market presence in the fixed-line segment with over 80% market share, SKT is leading the wireless market with around 50% of market share.
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Oi, Brazil's largest fixed-line carrier, filed for bankruptcy protection in June 2016, and an 18-month fight between and among shareholders, bondholders, regulators, and state banks ensued.
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HK) would buy fixed-line operator WTT HK in a deal that valued the business at HK$10.5 billion ($1.34 billion) including debt, the companies said on Tuesday.
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In March, TIM officially kicked off a process to put its fixed-line network into a legally separate company but has said it plans to keep full control.
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On Monday, the Federal Telecommunications Institute (IFT) approved a plan to separate part of America Movil's fixed-line units into new companies, after about a year of discussion.
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Separating the infrastructure business - which would hold Telstra's fixed-line network, data centers, ducts, poles and cables - would provide options such as a potential demerger or strategic partnership.
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But he added the Finnish firm was less dependent on mobile broadband demand than Ericsson as its merger with Alcatel gave it a bigger fixed-line network business.
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Vodafone's presence in German fixed line, alongside Deutsche Telekom, and the relatively unconsolidated nature of the cable industry, in Fitch's view support a competitive but rational market structure.
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JOHANNESBURG, Nov 7 (Reuters) - Telecoms firm Vodacom said on Wednesday it had entered into a roaming and facilities leasing agreement with Telkom, South Africa's biggest fixed-line operator.
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Former Ansaldo STS executive Stefano Siragusa could be appointed as head of the group's fixed-line network which Telecom Italia is expected to spin off, the paper said.
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The opposition Labour Party wanted to nationalise BT's fixed-line network and provide free services, a radical step that put broadband at the top of the political agenda.
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Three sources told Reuters that the Italian former phone monopoly had chosen Goldman Sachs and Credit Suisse to work on a spin-off of its fixed-line network.
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Given Oi's role in managing critical aspects of Brazil's telecommunications, including the largest fixed-line network, the government may seek to accelerate the process, Morgan Stanley's Morin said.
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KEY RATING DRIVERS Silknet is the incumbent fixed-line telecoms operator in Georgia, holding sustainably strong market positions of above 40% in both fixed-voice and broadband services.
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So DIRECTV's widespread fixed-line network will be a big boost for AT&T, Chief Strategy Officer John Donovan said in an interview at Mobile World Congress in Barcelona.
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AMSTERDAM, June 24 (Reuters) - Dutch national telecommunications company Koninklijke KPN NV said a network outage has hit its mobile and fixed-line services, confirming earlier reports of a disruption.
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The state-owned firms include power utility Zesco Ltd, the nation's only fixed-line telecoms firm, Zamtel, Zambia Railways and newspaper companies, Times of Zambia and Zambia Daily Mail.
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As fixed-line calls became commoditized and digital networks became better and faster, we saw the rise of Skype and a multitude of messaging services offering free voice calls.
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Meanwhile, Telekom Malaysia operates at a similar net leverage of 7503x-2.5x as Optus, and benefits from its market dominance and lower competitive pressures in the fixed-line market.
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They also need to build scale in mobile or fixed line, make significant planned investments in rolling out broadband networks, and generally suffer from weaker free cash flow margins.
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Separately, the IFT has discussed forcing Slim to legally separate part of fixed-line telecoms unit Telmex from the rest of his America Movil company, sources have told Reuters.
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And while those users can cut the cable TV cord, they're often still stuck with Comcast for internet service thanks to the company's growing monopoly over fixed-line broadband.
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The job reductions at Bezeq's fixed line division amount to 3 percent of the company's workforce and could pave the way for additional cuts, Barclays analyst Tavy Rosner said.
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Vodafone, Germany's No.2 wireless player, operates across the rest of the country, meaning there is no overlap in the two companies' fixed-line assets, the deal's backers say.
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Dialog has higher revenue and better operating EBITDAR margin than the fixed-line market leader, SLT, but this is offset by Dialog's higher exposure to the crowded mobile market.
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AMSTERDAM (Reuters) - Vodafone's Dutch subsidiary said on Friday it had sold fixed-line operations with around 150,000 customers to Deutsche Telekom subsidiary T-Mobile Nederland for an undisclosed sum.
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Vodafone is currently spending 2 billion euros on building out its fixed line network in Germany, but it said in November the investment did not preclude a Liberty deal.
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The newly disclosed cuts show the extent of the company's focus on lowering overheads as cut-throat competition and new technology put pressure on its mainstay fixed-line businesses.
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Separating the infrastructure business — which would hold Telstra's fixed-line network, data centres, ducts, poles and cables — would provide options such as a potential de-merger or strategic partnership.
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Plans to nationalise power networks, water, rail and postal companies expanded last month to include the fixed-line network of telecoms group BT to give free broadband to everyone.
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KEY RATING DRIVERS Strong Incumbent Positions: Fitch expects Kaztel to maintain its leading position in the fixed-line segment, helped by benign regulation and a shortage of alternative networks.
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Underlying demand is strong - with fixed-line population penetration of 0.1% in Nigeria in 7503, 3G and LTE networks are the main way of providing high-speed broadband connectivity.
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In corporate news, Hutchison Telecommunications Hong Kong Holdings announced Sunday it would sell its fixed-line business to private equity firm I Squared Capital for $1.9 billion, Reuters reported.
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Bell has spent heavily to roll out a major upgrade to its fixed-line network, but signups for its Fibe TV product and internet additions came in below analyst expectations.
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Regardless of how the court rules, Comcast, the country's largest fixed-line broadband provider, is forbidden from discriminating against certain types of traffic by conditions of its merger with NBCUniversal.
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But its mainstay fixed-line phone and internet business is crumbling as a government-owned fibre network, which Telstra must pay to use, replaces a copper system it had monopolised.
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Vodafone Italy discovered "hidden backdoors" in Huawei equipment that would have allowed the Chinese company to access users' home networks as well as Vodafone's Italian fixed-line network, reports Bloomberg.
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A decade ago there were only 129m mobile-phone subscriptions in the whole of Africa, though even that was already ten times more than the number of fixed-line phones.
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The deal would strengthen Zain's grip on Sudan's telecom sector where it is already the top mobile operator by subscribers and has long sought to add a fixed-line licence.
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"I will be very surprised if, as we move into wireless, the pricing regime in wireless doesn't look something like the pricing regime you see in fixed line," Stephenson said.
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Some politicians and rival players have long called on TIM to spin off its fixed-line network, an asset some analysts value at up to 15 billion euros ($17.7 billion).
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The government has transferred to the TVF stakes worth billions of dollars of state assets, including stakes in flag carrier Turkish Airlines, major banks and fixed-line operator Turk Telekom.
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The deal would also allow TDC to offer a full package of fixed line and mobile telephone services, broadband internet access, TV distribution and streaming services in Denmark and Norway.
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The ratings reflect the leading position of Tattel as a fixed-line incumbent in the Russian Republic of Tatarstan (BBB-/Stable) in traditional voice telephony, broadband and pay TV segments.
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Britain had previously welcomed Huawei's involvement after BT, the leading mobile and fixed-line provider, started incorporating its equipment into networks in 2006, helping it to ramp up internet speeds.
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Long-term Uncertainty from Concession Expiry: The rating factors in some long-term uncertainty relating to the expiry of TT's fixed-line concession agreement with the Turkish government in 2026.
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ROME (Reuters) - The plan to spin off the fixed-line network of former telecoms monopolist Telecom Italia would put at risk 20,000 jobs, a trade union source said on Thursday.
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Solid Performance: MIC has achieved a stable revenue and EBITDA improvement during 9M15, driven by continued subscriber expansion, solid growth in its fixed-line operation, and the improved cost structure.
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Major telecom company BCE Inc slipped 0.8 percent to C$58.94 after reporting strong wireless business growth that was offset by weakness in its fixed-line operations and higher expenses.
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Oi is Brazil's largest fixed-line carrier, employs some 140,000 people and is the only phone company in 13,800 Brazilian towns, or about one-third of the nation's 5,500 municipalities.
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Turkey's largest mobile operator Turkcell is looking for deals to enter the Iranian market and is in touch with the country's fixed line and mobile operators, its chief executive said.
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Revenue slipped 0.9 percent to 975 million shekels, with the company attributing the drop to price erosion from competition in the mobile sector, although revenue from fixed-line services rose.
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Ericsson bought Abentel for about 13-30 million euros as part of a push to grow in fiber fixed line services and yield increasing bandwidth requirements driven by video services.
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The following is an explainer on what the plan means for the industry: Telmex, America Movil's fixed-line unit, was the heart of the company before the rise of mobile.
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The talks come as Oger, the top shareholder in the Turkish fixed-line operator and internet provider, has struggled to repay a $4.75 billion loan, and has missed interest payments.
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Barclays analyst Tavy Rosner said that although Bezeq was losing market share in fixed line, that will likely change once Bezeq and the regulator reach a final agreement on fibre.
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Long-term Uncertainty from Concession Expiry The rating factors in some long-term uncertainty relating to the expiry of TT's fixed-line concession agreement with the Turkish government in 203.
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Cantv had 153 million internet subscribers, nearly 7 million fixed line subscribers and almost 14 million mobile subscribers by the end of 2015, according to internal data seen by Reuters.
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"It's clear that the announced transaction would create a monopoly in cable content distribution and a de facto duopoly in fixed-line infrastructure in Germany," Chief Executive Markus Haas said.
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The fight for the chance to invest in Oi, Brazil's largest fixed line carrier, reveals a sharp turnaround in investors' perception of a company that flirted with liquidation a year ago.
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Hutchison Global Communications (HGC), a unit of Hutchison Telecommunications Hong Kong Holdings Ltd, provides a range of fixed-line telecommunications services in Hong Kong and overseas for corporates and residential users.
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Sky is the last of Britain's big four broadband providers to offer mobile to its customers, giving it the full "quad play" offer, which also includes TV and fixed-line telecoms.
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While much of its technology lags peers, it has a broad fixed-line network, which it is upgrading and expanding in a bid to gain market share, particularly in upscale segments.
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Nokia bought Franco-American Alcatel for $17.8 billion earlier this year to help it more broadly compete with Sweden's Ericsson and China's Huawei in both fixed-line and mobile network equipment.
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Telefonica Brasil, which operates under the Vivo brand, is among a number of telecoms firms in Latin America's largest economy focusing on fixed-line broadband as the mobile market becomes saturated.
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A tie-up in the Netherlands would bring together Vodafone's 5.2 million mobile customers with Ziggo's 4.1 million cable subscribers, many of whom also take broadband internet and fixed line telecoms.
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Forty percent state-owned Telkom, which still runs South Africa's biggest fixed-line network, has been transforming its business by migrating customers to wireless technologies and starting its own mobile business.
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Fitch forecasts fixed-line revenue to grow by a low-single-digit percentage, driven by Telekom Malaysia's (A-/Stable) deployment of high-speed broadband Phase II and sub-urban broadband projects.
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A sale of the fixed-line business for around HKD14.5 billion in cash was announced in July; the company stated that completion is expected in October 2017, subject to shareholders' approval.
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TCH's ratings reflect its entrenched leading position in the Chilean fixed-line telecommunications market, strong brand recognition and network infrastructure, and sound financial profile backed by solid operational cash flow generation.
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Brazil's economic woes have exacerbated Oi's struggle with mounting mobile and broadband competition, spiraling debt and regulatory burdens on its fixed-line operations after a state-sponsored merger eight years ago.
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Telecom Italia has called for talks to be tabled with Italian regulators to assess possible governance improvements in the running of its fixed line network, CEO Amos Genish said on Wednesday.
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The demand outlook for non-voice fixed line services remains solid given low penetration rates of broadband and pay-TV, estimated to be below 30% and 40%, respectively at end-2016.
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EE, in turn, has been taken over by BT, the former state-run monopoly, in a £12.5-billion deal that creates a behemoth covering mobile, fixed-line phones, broadband and television.
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The Italian government is expected to decide how to use the so-called golden power on the fixed-line network of Telecom Italia by mid-November, Il Sole 2300 Ore reported.
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"Many countries in Europe even offer it for free to boost digital development, while in Croatia the costs reach 10 percent of the value of its fixed line market," he said.
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The regulator's decision was surprising because TPG was not a major competitor in the mobile market and Vodafone did not have any market share in broadband fixed-line services, he said.
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TIM's fixed-line network is estimated by some analysts to be worth up to 15 billion euros ($17.72 billion) and its purchase by the state has been mooted in the past.
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The company said that its networks were stable and secure, and were coping with increased fixed-line data traffic and a greater number of phone calls due to the coronavirus pandemic.
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Telstra dominates Australia's mobile telephone and broadband markets, but profit from its mainstay fixed-line phone and internet business is dwindling as the NBN replaces a copper system it had monopolised.
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Experts pointed out that a lack of more costly face-to-face surveys and reliance on fixed-line phones meant polls often failed to reach the poorest neighborhoods or younger voters.
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The Federal Telecommunications Institute (IFT) has stepped up antitrust rules against the company, ordering it to create an independent entity from fixed-line unit Telmex to offer competitors access to infrastructure.
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Oger, which owns 55 percent of fixed-line operator Turk Telekom , has struggled to repay the loan as a tumbling lira currency has driven up the cost of servicing its debt.
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Brazil's largest fixed-line carrier is still struggling to turn around its business since filing for bankruptcy protection in June 2016 to restructure approximately 65 billion reais ($15.7 billion) of debt.
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Telkom's standalone profile is at least two notches higher than its IDR, given its strong market position in Indonesia's fixed-line and mobile markets, wide EBITDA margins and low net leverage.
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Labour's left-wing leadership outlined a plan to nationalise the fixed-line network of telecoms group BT while Prime Minister Boris Johnson promised full-fibre broadband to all homes by 2025.
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Fitch believes that the risk of intensifying competition is limited as we expect Rostelecom to focus mainly on providing fixed and mobile bundled services to its own fixed-line subscriber base.
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Di Maio said the government was studying the idea of a potential spin off of Telecom Italia's (TIM) fixed line network, adding national security issues had to be also taken into consideration.
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AT&T has been seeking new revenue sources in an oversaturated wireless market, and has acquired satellite-TV provider DirecTV to offer bundles of cellular, broadband, TV and fixed-line phone services.
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That division includes a privately owned telecoms business called Wharf T&T - Hong Kong's second-largest business fixed-line operator, according to the company's website - and publicly traded I-cable Communications Ltd.
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Oi, the byproduct of a state-sponsored merger eight years ago and the only Brazilian carrier controlled by domestic capital, for years spent heavily to cope with mandatory fixed-line expansion goals.
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Hefty spending in new high-speed VDSL broadband services and a fast-growing pay-TV business have helped the group to win back fixed-line customers but conditions remain tough, it said.
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"The matter of the concessions by-laws worries us," Schroeder said, adding Oi continues to defend a system that re-directs mandatory spending in fixed-line services to investments in wireless networks.
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Oi, Brazil's largest fixed-line carrier, is going through heavy debt restructuring after filing for bankruptcy protection in 2016, and Genish said any push for a tie-up would be "extremely irresponsible".
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Rather than building fixed-line infrastructure, they built mobile infrastructure, and that eventually led to a wave of Chinese OEMs, making cheap feature and smartphones, becoming some of the biggest handset suppliers.
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KEY RATING DRIVERS Strong Regional Incumbent Positions Tattel retains its leading positions in all fixed-line segments in the Republic of Tatarstan, benefiting from its solid infrastructure and a strong regional focus.
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Telia is refocusing on growing its core Nordic and Baltic operations, supplying a full range of mobile, fixed line and TV operations and has almost completed a withdrawal from Central Asian markets.
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The ruling, which covers both fixed-line and wireless internet, comes amid an ongoing global debate on whether suppliers of connectivity must treat all data equally, a concept known as net neutrality.
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Telia is focused on supplying a full range of mobile, fixed line and TV operations in its seven Nordic and Baltic markets after retreating from central Asia, a previous source of growth.
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In addition, the rapid uptake in subscribers' data usage, as well as MIC's ongoing expansion into the under-penetrated fixed-line services bode well for its medium- to long-term revenue growth.
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Poland's two largest fixed line operators are close to signing a cooperation agreement under which they will jointly invest around 2.6 billion zlotys ($651.1 million) on their fibreoptics rollout, daily Parkiet reported.
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Hutchison Global Communications Ltd (HGC), a unit of Hutchison Telecommunications Hong Kong Holdings Ltd, provides a range of fixed-line telecommunications services in Hong Kong and overseas for corporate and residential users.
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On TIM's plans to spin off its fixed line network, he said the phone incumbent would continue to have a constructive dialogue with whatever Italian government took office following last Sunday's elections.
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Israel's dominant telecoms operator has long argued for an end to its "structural separation", which forces it to keep its mobile phone, fixed line, satellite TV and internet units as separate entities.
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The consumer business was also boosted by a rise in revenues from fixed-line internet and digital TV products as well as more consumers taking up offers combining mobile and fixed services.
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The French scheme, known as Plan Tres Haut Debit, will fund local authorities' infrastructure projects to deploy next-generation access networks ensuring fixed line connections of at least 30 megabits per second.
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Bouygues Telecom has nevertheless said it can prosper on its own, and has responded with a restructuring plan including job cuts and a focus on its 4G network and fixed-line broadband.
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Solid Market Position: SLT's ratings are underpinned by its market-leading position in fixed-line services and second-largest position in mobile, along with its ownership of an extensive optical fibre network.
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The company also socks its fixed-line broadband users with arbitrary bandwidth caps and overage fees if they use Netflix, but not when they use AT&T's own streaming service, DirecTV Now.
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In a securities filing late on Monday, Brazil's largest fixed-line operator said its net revenue fell 9.5% year-on-year to 5.1 billion reais due to a fiercer competition in Brazil.
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Brazil's economic woes exacerbated Oi's struggle with mounting competition in mobile and data, spiraling debt and its burden of mandatory fixed-line expansion goals after its state-sponsored merger eight years ago.
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Italy's communications regulator is considering whether it could force Telecom Italia (TIM) to put its fixed-line network into a separate company to address competition concerns, three sources close to the matter said.
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Hoettges later softened his criticism, instead calling for the regulatory burden to be eased on Deutsche Telekom which is required to open up its German fixed-line network to competitors at controlled prices.
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Comcast, the largest U.S. cable company, has signaled it will add wireless to its menu of fixed-line video, data and voice services, making it the first to offer the complete convergence experience.
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BERLIN (Reuters) - Germany's would-be coalition partners said on Friday they would allocate 10-12 billion euros of public money to build gigabit-speed fixed-line data networks over the coming four years.
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The group should seek a way to keep control of its fixed-line network if it is merged with smaller infrastructure provider Open Fiber, the former phone monopoly's chief executive said on Tuesday.
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LONDON, May 25 (Reuters) - Britain's BT has received informal interest from infrastructure funds keen to own a stake in its core fixed-line network, a person familiar with the matter said on Friday.
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TPG and MBK teamed up to buy Wharf T&T - Hong Kong's No.2 fixed-line operator for businesses last October from tycoon Peter Woo's Wharf Holdings Ltd in a $1.22 billion deal.
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Jio, which has over 340 million subscribers, said its GigaFiber broadband services will include access to television channels, fixed-line telephone calling and video conferencing with prices starting at 700 rupees per month.
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A price war is occurring across the European Union, where operators are increasingly bundling their services — mobile, fixed-line, pay television and cable — in low-price offers for the region's 173 million customers.
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DUBAI, Aug 9 (Reuters) - Abu Dhabi-listed Etisalat Group said on Tuesday it had completed the sale of its 92.3 percent shareholding in Sudanese fixed line operator Canar to Sudan's Bank of Khartoum.
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In the fixed-line segment, the Brazilian subsidiary of Spain's Telefonica sees average revenue per user (ARPU) growing as it improves the technology by expanding the fiber-to-the-home (FTTH) broadband service.
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United Internet plans to combine Drillisch and its own 1&1 consumer fixed-line and mobile business within the group, maintaining Drillisch's independent listing and "attractive" dividend policy, the companies said on Friday.
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The telecom reform, which already passed in the lower house of Congress, is aimed at modernizing a concession-based model that had created uncertainty about the value of the industry's fixed-line assets.
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Il Messaggero daily said on Thursday 30,000 TIM staff would be transferred to the new fixed-line company together with assets - both from TIM and Open Fiber - worth 15 billion euros ($17 billion).
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LONDON (Reuters) - Britain's telecoms regulator said BT, the owner of the biggest fixed-line network, must install business lines more quickly and significantly reduce the wholesale prices it charges rivals for the lines.
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"It's clear that the announced transaction would create a monopoly in cable content distribution and a de facto duopoly in fixed-line infrastructure in Germany," Chief Executive Markus Haas said in a statement.
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Almost a million of Telekom's 20 million fixed-line users suffered internet outages on Sunday and Monday due to a botched attempt by unidentified hackers to commandeer customers' routers to disrupt internet traffic.
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In an interview with Corriere della Sera on Sunday, Recchi said a sale of TIM's unit Sparkle to the government could be discussed, while spinning off TIM's fixed-line network would be difficult.
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Telia is now focused on supplying a full range of mobile, fixed line and TV operations in its seven Nordic and Baltic markets after retreating from central Asia, a previous source of growth.
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ALMATY, Jan 23 (Reuters) - Kazakhstan's largest fixed-line telecommunications operator, Kazakhtelecom, has applied for permission to buy a 75 percent stake in London-listed mobile operator Kcell , Kazakhstan's antitrust committee said on Tuesday.
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It is the largest wireless operator in Korea with around 49% share of industry subscribers and the second-largest fixed-line operator after KT Corporation (A/Stable) in the oligopoly Korean telecom market.
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ROME (Reuters) - Telecom Italia has called for talks to be tabled with Italian regulators to assess possible governance improvements in the running of its fixed line network, CEO Amos Genish said on Wednesday.
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Fitch expects competition in the fixed-line market to increase, especially in the broadband and internet protocol television (IPTV) markets, over the medium term, particularly if SKT tries to gain market share organically.
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Telefonica has invested 38 billion euros in the last five years to reach millions of homes with it higher-speed fiber fixed-line broadband network, which it considers to be crucial to 5G.
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ROME (Reuters) - There would be clear advantages to spinning off Telecom Italia's fixed-line network, Economy Minister Pier Carlo Padoan said on Thursday, without clarifying whether the government was planning such a move.
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DUBAI, May 2 (Reuters) - Kuwaiti telecom firm Zain has agreed to buy a 92.3 percent stake in Sudanese fixed line operator Canar for 349.6 million dirhams ($95.2 million) from Abu Dhabi-listed Etisalat.
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They value TIM's fixed-line assets, both optic fiber and old copper wire, at 10-15 billion euros ($11-$17 billion) and Open Fiber's exclusively optic fiber network at 2-8 billion euros.
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The head of Egypt's telecom regulator said Orange would pay half the licence fee in Egyptian pounds and had also acquired a licence to offer fixed line services for a further $11 million.
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Operational costs fell by 1 percent due to spending controls across the board and a decrease in Brazil's interconnection fees between mobile and fixed-line networks, which have fallen dramatically in recent years.
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Samruk Kazyna has assets of over $50 billion, which include the biggest state-owned companies such as national oil firm Kazmunaigaz, railway company Kazakhstan Temir Zholy and the dominant fixed-line operator Kazakhtelecom.
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India will roll out 5G "in step" with other parts of the world, he said, with first use cases likely to be industry applications, and in fixed-line and machine-to-machine communication.
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The move comes as Brazil's largest-fixed line carrier struggles to turn around its business since June 2016, when it filed for bankruptcy to restructure approximately 65 billion reais ($15.7 billion) of debt.
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Although from a late start, the company's large fixed-line franchise and extensive copper infrastructure has allowed it to rapidly develop its broadband subscriber base and become the largest broadband operator in Georgia.
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In December, creditors in Oi, Brazil's largest fixed-line operator, approved a plan to restructure some 65 billion reais ($17.7 billion) in debt which will result in shareholders' equity being diluted by 72 percent.
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Telefonica said it had added 306,000 contract customers in the quarter, and another 44,000 broadband connections, while an agreement to gain access to Vodafone's network would help boost its fixed-line offering in future.
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Bezeq, Israel's largest telecoms group, has long sought to merge its lucrative fixed-line division with its mobile telephone, satellite TV and internet service units as a means to save costs and offer bundles.
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The company, Brazil's largest fixed-line telecom player, expects to receive a 4 billion-real ($1.1 billion) capital injection in early 2019 to help it boost capital expenditures and shore up its debt profile.
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The activist fund reiterated on Thursday there were several ways to boost value at TIM, including via a separation of its fixed-line network infrastructure, potential market consolidation and a conversion of saving shares.
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In August, Etisalat said it had completed the sale of its 92.3 percent shareholding in Sudanese fixed-line operator Canar to Sudan's Bank of Khartoum, receiving 349.6 million dirhams in return for the stake.
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Poised to become law after passing committees in both chambers of Congress, the reform aims to update a concession-based model that had created uncertainty about the value of the industry's fixed-line assets.
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Triple and quadruple play products, where customers buy a combination of mobile, fixed-line, internet and TV in a bundle, have a significant impact on pricing economics and adoption rates in the French market.
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Nokia's acquisition of Alcatel-Lucent in a 15.6 billion euro ($17 billion) all-share deal last year gave it a larger fixed-line network business and made it less dependent on mobile broadband demand.
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The mobile network operator said on Monday it would spend 2 billion euros on new full-fiber connections in Germany and also has invested in fixed line broadband networks in Italy, Portugal and Spain.
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SKB's fixed-line operation is of great importance to SKT's market position, particularly with respect to its ability to compete with other integrated operators, such as KT Corporation (A/Stable) and LG Uplus Corporation.
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Last December, creditors in Oi, Brazil's largest fixed line telecom company, approved a plan to restructure about 65 billion reais ($17.7 billion) in debt after 18 months of testy negotiations between bondholders and shareholders.
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Telecom Egypt, the state's fixed-line monopoly, was the first company to buy a 4G licence from the government in August for 7.08 billion Egyptian pounds ($392 million) to enter the mobile market directly.
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While EE and Vodafone both focused their launches around mobile 5G devices (with their 5G broadband plans taking up a supporting role), Three is initially targeting replacing fixed-line internet with its 5G service.
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If Three is able to maintain these sorts of speeds as more people connect their homes to its network, then it could offer a great value alternative to existing high-speed fixed-line providers.
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Nevertheless, Fitch assumes the Telereal Securitisation Plc portfolio remains in its current use, athough this is likely to offer overall lower value given the public interest in preserving the UK's fixed line telecoms infrastructure.
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Starting on Tuesday, TIM's fixed-line customers, who use its TIM box for streaming apps, will also gain access to DAZN, which in Italy offers three top-level Serie A football matches per week.
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Starting on Tuesday, TIM's fixed-line customers, who use its TIM box for streaming apps, will also gain access to DAZN, which in Italy offers three top-level Serie A football matches per week.
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We expect Iliad's desire to increase scale in mobile and Bouygues's aim to increase market share in fixed line will continue to drive competitive dynamics particularly in the lower value segments of the market.
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The company, Brazil's largest fixed line operator, is recovering from a messy and protracted bankruptcy recovery process and is currently investing in high-speed broadband and data in a bid to return to profitability.
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Australia's biggest telecommunications provider Telstra Corp , which had once monopolised the copper system, in May forecast higher restructuring costs and expedited a plan to slash jobs amid pressure on its mainstay fixed-line businesses.
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MILAN, Jan 22 (Reuters) - Telecom Italia's main shareholder Vivendi notes that the phone group's chief executive seems to view separation of its fixed line network as not that easy, a Vivendi spokesman said on Tuesday.
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Ncube said the government would dispose of shares in its two mobile phone operators NetOne and Telecel Zimbabwe, the country's sole fixed line telephony company TelOne, postal services Zimpost and state-owned savings bank POSB.
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But in a surprise move last month, Golan began negotiating a 10-year deal with cable company Hot, which is owned by French cable firm Altice and also has a fixed-line and internet network.
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KEY RATING DRIVERS Strong Incumbent Positions Rostelecom retains its strong market positions in all key fixed-line segments, supported by its substantial network and fibre deployment, effective regulatory protection and continuing improvements in customer service.
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The fixed-line networks business was spun off to become part of the PFF private equity group controlled by the Czech republic's wealthiest man, billionaire Petr Kellner, leaving the phone operations with O2 Czech Republic.
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Pairing a fast 28G connection with an 22019K display could theoretically be a way of overcoming the difficulties of streaming data-heavy 8K content without requiring a high-speed fixed-line internet connection at home.
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The tie-up would reduce the number of mobile operators in France from four to three, creating a new giant with a market share of close to 50 percent in mobile and fixed-line communications.
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SAO PAULO, June 20 (Reuters) - Oi SA, Brazil's largest fixed-line phone carrier, plans to maintain its operations, management and workforce at normal levels once a bankruptcy court approves a plan to seek creditor protection.
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" Context: Bloomberg reported that Vodafone found security flaws in supplies in 2011 and 2012, which were resolved at the time, but could have given Huawei "unauthorized access to the carrier's fixed-line network in Italy.
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Australia's largest telecom firm said on Wednesday it would cut a quarter of its workforce and flagged asset sales as competition and new technology crush its mainstay fixed-line businesses and force a strategic reset.
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Brazil's largest fixed-line phone carrier and No.4 mobile operator, along with six subsidiaries, filed on Monday for protection from creditors on 65.4 billion reais ($19.3 billion) of bonds, bank debt and operating liabilities.
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Bezeq, Israel's dominant telecoms operator, had long argued for an end to its "structural separation", in which it is forced to keep its mobile phone, fixed line, satellite TV and internet units as separate entities.
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SKB's fixed-line operation is of a great importance to SKT's market position, particularly with respect to its ability to compete with other integrated operators, such as KT Corporation (A-/Stable) and LG Uplus Corporation.
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Brazil's largest fixed-line phone carrier and No. 4 mobile operator, along with six subsidiaries, filed on Monday for protection from creditors on 65.4 billion reais ($19.3 billion) of bonds, bank debt and operating liabilities.
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TDP's ratings reflect the company's leading market positions in the Peruvian telecom industry with its fully integrated fixed-line and mobile operations, network competitiveness and brand recognition, and solid financial profile for the rating category.
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It has also slipped behind rivals who can offer bundles of pay-TV, mobile and fixed-line services, while Vodafone has delayed rolling out a TV service until it has improved its core mobile service.
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The firm agreed in June to sell its 92.3 percent holding in Sudanese fixed line operator Canary for 349.6 million dirhams to Sudan's Bank of Khartoum, subject to conditions including the approval of Sudanese authorities.
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Rather than looking at the proposed combination of T-Mobile and Sprint as deal between wireless operators, regulators should take a broader view that takes account of fixed line players in an increasingly 'converged' market.
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A note by Cairo-based Naeem Brokerage said the competition in fixed-line licences could be a cause of concern for Telecom Egypt in the long run as the wholesale business could take a hit.
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However, KT's operating margins are lower than other telecom peers rated 'A' in the APAC region, such as Singapore Telecommunications Limited (A+/Stable), due to relatively higher marketing costs and declining fixed-line telephony services.
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But Bouygues Telecom has said it can prosper on its own and has responded with a turnaround plan including job cuts and a focus on the rollout of its 4G network and fixed-line broadband.
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Earlier this year, French media group Vivendi took control of Italy's main telecom provider Telecom Italia (TIM) and some politicians have suggested the government should strike back at France by nationalising TIM's fixed-line network.
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Still, Ericsson is more dependent on mobile broadband demand than its main rivals, as the Alcatel-Lucent merger gave Nokia a larger fixed-line networks business while Huawei has a broader telecom offering than Ericsson.
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Vodafone said the tie-up would enable it to offer Sky's sports and entertainment programming to its mobile and fixed-line subscribers who increasingly wanted to access more content and communications from a single provider.
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Strong Credit Profile: Telkom continues to exhibit a robust credit profile, underpinned by its solid market position in the domestic mobile and fixed-line markets, low leverage and wide operating EBITDAR margin of over 50%.
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Telia repeated that profits in Sweden, its biggest market, would remain under pressure this year and that it would cut operating costs in the country by around 3 percent to offset falling fixed-line income.
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Instead, CEO Tim Hoettges seized on Wednesday's announcement to argue that regulation of Deutsche Telekom — which is required to open up its German fixed-line network to third parties at controlled prices — should be eased.
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America Movil, the telecommunications company of tycoon Carlos Slim, dominates the fixed line and mobile phone business in Mexico, and was singled out for tougher regulation after a landmark 2013-14 legislative overhaul of the sector.
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If the deal is approved, the new company would be able to sell mobile telephony services to Com Hem's household customers, while Tele22 would add fixed-line connectivity and TV services to its range of products.
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"Alongside the continued competition in the cellular segment, we continued to recruit new customers, among others, through a quatro package that offers cellular, television, internet and fixed line home telephony," Cellcom Chief Executive Nir Sztern said.
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MILAN (Reuters) - Telecom Italia (TIM) should seek a way to keep control of its fixed-line network if it is merged with smaller infrastructure provider Open Fiber, the former phone monopoly's chief executive said on Tuesday.
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Huawei, the world's top maker of wireless and fixed-line telecoms equipment, emerged two years ago as the world's No. 3 smartphone maker after Samsung and Apple, displacing Lenovo, which remains focused on its computer business.
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Turkey has transferred government stakes worth billions of dollars in Turkish Airlines, major banks and fixed-line operator Turk Telekom to the fund, which was set up last year to help finance big-ticket infrastructure projects.
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Last week Luigi Gubitosi, an Elliott ally appointed CEO in November, presented TIM's three-year strategy saying he did not rule out losing control of the group's fixed-line network under a deal with Open Fiber.
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Partner is planning to deploy a fixed-line network using fibre optics and began a field test a month ago, connecting the first residential Internet customers at a speed of up to one gigabit per second.
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JOHANNESBURG, Nov 13 (Reuters) - South Africa's Telkom posted a 10.3 percent rise in its first-half profit on Tuesday, as a strong showing at its wireless phone business offset declines in the traditional fixed-line unit.
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HONG KONG (Reuters) - Hutchison Telecommunications Hong Kong Holdings Ltd shares jumped almost 23.10 percent when it started trading on Monday, a day after it announced the sale of its fixed-line business for about $20526 billion.
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Proceeds from the sale of Hutchison Global Communications (HGC), which provides fixed-line phone services as well as Wifi all around Hong Kong, will be used for investment into mobile phone services and for working capital.
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Brazil's largest fixed-line operator filed last month for protection from creditors on a record 65.4 billion reais ($19.9 billion) of bonds, bank debt and operating liabilities, suffering from stiff competition and years of shareholder spats.
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AIS, which has about half of the wireless market in Thailand, also reported a 282 percent rise in revenue from its fixed-line broadband service, although this amounted to only 2.7 percent of total service revenues.
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Solid Market Position: SLT's ratings are underpinned by its market-leading position in the fixed-line services and second-largest position in the mobile market, along with its ownership of the country's extensive optical fibre network.
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The reforms will allow Egypt's land-line monopoly Telecom Egypt to enter the mobile phone market directly while letting mobile operators such as Vodafone Egypt offer fixed-line services, ending Telecom Egypt's domination of the sector.
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The energy group is not interested in buying Telecom Italia's fixed line network, Enel CEO Francesco Starace told L'Economia/Corriere della Sera on Monday, adding all the shareholders of Open Fiber unit agree on this issue.
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The company tried to insist that many of these users could simply switch to wireless connections, intentionally ignoring the fact that wireless is often expensive, capped, and faces capacity issues not seen on fixed-line networks.
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Oi filed in June for Brazil's largest in-court reorganization plan ever after the country's No. 1 fixed-line phone carrier ran out of time to reorganize operations and restructure existing liabilities amid a harsh recession.
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Telstra dominates Australia's mobile telephone and broadband markets but like incumbent telecom firms around the world, profits from traditional fixed-line networks are shrinking and it is under immense pressure to address a sliding share price.
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Mobile operators and cable and satellite pay-TV groups in Europe, the United States and elsewhere are scrambling to tie-up so they can offer "quad play" packages of mobile, fixed-line, broadband and TV service.
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As a result, the Melbourne-based company's fixed-line revenue fell nearly 21.4846% to A$2.39 billion ($1.61 billion), while revenue from mobile services, its largest business, grew only marginally by 0.3% to A$5.31 billion.
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The 55 percent stake is owned by Dubai-based Oger Telecom, which has failed to keep up payments on a $4.75 billion loan it took out to acquire the stake in the Turkish fixed-line operator.
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The tie-up would reduce the number of mobile operators in France from four to three, creating a new giant with a market share close to 50 percent market share in mobile and fixed-line communications.
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BRASILIA, Dec 6 (Reuters) - A Brazilian Senate committee on Tuesday approved changes in the legal framework for telecommunications companies, overhauling a concession-based model that had created uncertainty about the value of their fixed-line assets.
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FCC chairman Ajit Pai has said telecoms service providers exploited loopholes in the "Lifeline" program for their own gain and states should decide which companies provide the internet, mobile phone and fixed line services to poorer Americans.
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On Monday, Genish said in a statement he supported the idea of merging TIM's fixed-line assets with the broadband network being developed by smaller rival Open Fiber, provided TIM was in control of the combined network.
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The world's No.2.53 mobile operator agreed a year ago to pay $22 billion for Liberty's cable networks in Germany and central Europe, seeking increased fixed-line heft to better compete with German market leader Deutsche Telekom.
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The current competitive environment in France has led Iliad to rejig its broadband offers, which it hopes will drive up demand in its fixed-line business, especially through the migration of customers to more profitable fiber technology.
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In April, Telia reiterated that profits in Sweden, its biggest market, would remain under pressure this year and that it would cut operating costs in the country by about 3 percent to offset falling fixed-line income.
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Telecom operators complain that companies like Facebook and Google Inc that offer data-heavy mobile services are effectively free-loading on the big investments they must make to keep fixed-line and mobile networks from becoming overloaded.
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Telecom Italia could spin off its fixed-line network and list it on the stock market, allowing the company to extract more value from the asset and offload some of its debt, according to Italian media reports.
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Fixed-line operator Turk Telekom this month became the latest company to highlight the effect of the falling lira, reporting a quarterly net loss of $184 million, hit by the cost of servicing its foreign-currency debt.
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State-controlled Telkom decided it would not award any new business to KPMG South Africa until the investigation by the Independent Regulatory Board for Auditors (IRBA) has been concluded, the fixed-line operator said in a statement.
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A decision on any further exercise of the golden power over Telecom Italia would be taken by November, Il Sole 2225 Ore said, adding the company's fixed-line network could be the target of any additional measures.
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Investors are awaiting the launch of Sky's mobile phone service by the end of the year, the final service needed for it to offer "quad play" bundles of TV, broadband, fixed-line and mobile telecoms to customers.
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Turk Telekom, the country's largest fixed-line and operator, published second-quarter earnings late on Tuesday and said its net loss of 889 million Turkish lira ($184.03 million) was due to unfavourable forex movements in the quarter.
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Telstra dominates the mobile telephone and broadband industries in Australia but like for many incumbent telecom firms around the world, profits from traditional fixed-line networks have dropped while new rivals move in on mobile market share.
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Increased Leverage: The company's leverage has increased in recent years due to M&A activities, mainly the merger in August 2014 between its Colombian subsidiary and UNE, the Colombian fixed-line operator, and historically high shareholder distributions.
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Ethiopians have one of the lowest rates of mobile-phone ownership in Africa (see chart); the World Bank reckons that fewer than 4% of households have a fixed-line telephone and barely 3% have access to broadband.
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TPG and China Telecom are interested in taking over the company, the sole fixed-line operator in a third of the country's 5,500 municipalities, via a 10 billion-real capital injection, newspaper Folha de São Paulo reported.
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Telia's Norwegian purchase will give it a full range of mobile, fixed-line and TV operations in all of its seven Nordic and Baltic markets, although its business in Denmark remains too small to be sufficiently profitable.
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Telia said in January that profits in Sweden, its biggest market, would remain under pressure this year and that it would cut operating costs in the country by around 3 percent to offset falling fixed-line income.
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Some of the proceeds from the savings will go towards increasing capital expenditure on new fiber fixed-line connections and 4G and next generation 5G mobile networks to about 13 billion pounds over the next two years.
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Ncube said on Tuesday the government would dispose of shares in its two mobile phone operators NetOne and Telecel Zimbabwe, the country's sole fixed line telephony company TelOne, postal services Zimpost and state-owned savings bank POSB.
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BT established a lead in the race towards convergence - the trend for customers to buy broadband, fixed-line, TV and mobile from a single provider - when it acquired EE. Its rivals are still in the starting blocks.
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The biggest Brazilian fixed-line carrier also owes about $1 billion to foreign development banks in China, Finland, Canada and Germany, which encouraged exports to Brazil during a recent surge in spending on wireless and broadband networks.
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On Wednesday, Brazil's largest fixed-line carrier posted a second-quarter net loss of 1.5 billion reais ($390 million), 24% more than a year earlier, as debt servicing costs rose and the real weakened against the dollar.
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It would nationalise Openreach - the fixed-line network arm of the country's biggest broadband and mobile phone provider - as well as parts of BT Technology, BT Enterprise and BT Consumer to created a "British Broadband" public service.
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Any dealmaking is expected to hinge on cooperation from the government, Oi's second-biggest creditor, which is reviewing onerous fixed-line concessions and keeping a close eye on licensing and antitrust issues that are key to consolidation.
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It would nationalize Openreach - the fixed-line network arm of the country's biggest broadband and mobile phone provider - as well as parts of BT Technology, BT Enterprise and BT Consumer to created a "British Broadband" public service.
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ISTANBUL/ANKARA, July 13 (Reuters) - Some creditor banks of Dubai-based Oger Telecom are in talks to sell its 55 percent stake in Turkish fixed-line operator Turk Telekom, four sources familiar with the matter told Reuters.
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The group's board could discuss on Thursday about a possible writedown of all its assets, starting with the fixed line network, La Repubblica said, adding it would also consider selling some assets, including Sparkle and Persidera units.
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SAO PAULO, March 23 (Reuters) - Brazil's largest fixed-line carrier Oi SA said on Monday it will exempt all of its corporate customers from paying for its home office platform for 90 days amid the coronavirus outbreak.
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BERLIN, March 19 (Reuters) - Deutsche Telekom said on Thursday that its networks were stable and secure, and were coping with increased fixed-line data traffic and a greater number of phone calls due to the coronavirus pandemic.
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Brazil's largest fixed-line carrier expects to raise more than 10 billion reais ($2.4 billion) by selling its mobile operations, according to two of the sources, who spoke on condition of anonymity because the talks are confidential.
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MUMBAI, March 2 (Reuters) - India's Tata Communications Ltd is looking for another buyer for its South African fixed-line subsidiary Neotel after a deal with Vodacom Group Ltd fell through, Chief Executive Vinod Kumar said on Wednesday.
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SYDNEY, Feb 16 (Reuters) - Australia's largest telecoms company, Telstra Corporation Ltd, on Thursday posted an unexpected 11.8 percent fall in first-half profit, dragged down by falling revenues for its mainstay fixed-line and mobile telephone business.
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Strong Incumbent Positions Outside Tbilisi Silknet benefits from its strong position of the incumbent fixed-line telecoms provider across most of the territory of Georgia, with the notable exception of capital Tbilisi and some other large cities.
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The formerly state-owned company, which dominates the mobile telephone and broadband industries in its home country of 24 million people, has been exploring new industries to build revenue as more households drop fixed line telephone services.
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Telkom, which runs South Africa's biggest fixed-line telecom network, is in the middle of transforming itself into a modern communications provider with heavy investments in a its mobile phone unit and rolling out fibre internet packages.
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"We are committed to continue investing to improve the quality of mobile, broadband, pay TV and fixed line telephone services to meet the needs of our clients," said Marco Schoeder, Oi's chief executive, after the petition was accepted.
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Telstra Corporation Ltd slumped about 4.8 percent after it said it would cut a quarter of its workforce and flagged asset sales, as competition and new technology crush its mainstay fixed-line businesses and force a strategic reset.
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Due to fierce competition in the fixed-line business, the group said it was reducing its operating free cash flow target for France to around 1 billion euros from 2020, compared with more than 1 billion euros previously.
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ANKARA (Reuters) - Turkey has transferred government stakes worth billions of dollars in Turkish Airlines, major banks and fixed-line operator Turk Telekom to a sovereign wealth fund set up last year to help finance big-ticket infrastructure projects.
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Brazil's largest fixed-line firm has hired Bank of America Merrill Lynch to prospect and structure the sale of non-core assets, as part of a broader strategic review likely to be concluded by mid-June, he added.
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"The strategic uncertainty could be balanced by a more positive relationship with the government and on speculation for potential corporate action," Banca Akros said in a note, citing the possibility of TIM spinning off its fixed line network.
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Oi, Brazil's largest fixed-line phone carrier, and six subsidiaries filed for bankruptcy protection on Monday after Oi failed to win the support of key shareholders for a plan to restructure 65.4 billion reais ($19.3 billion) of debt.
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This puts it in competition potentially with carriers who are also looking to IoT to grow their data and enterprise businesses on their wireless networks to offset declines from more traditional areas like voice and fixed-line services.
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MILAN, May 21 (Reuters) - Telecom Italia (TIM) should seek a way to keep control of its fixed-line network if it is merged with smaller infrastructure provider Open Fiber, the former phone monopoly's chief executive said on Tuesday.
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"Longer term there might be opportunities particularly in the areas of mobile ... and optics," he said, referring to big business segments in which both compete, namely wireless network infrastructure and fixed-line optical gear to haul data traffic.
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Genish took over as TIM fights battles on several fronts: Its fixed-line business is losing value, new competitors are appearing in both broadband and mobile and its only foreign business, Brazil, is still recovering from economic malaise.
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Local media and analysts have speculated that once the spin-off of Cablevision from Clarin is complete, it could merge with Telecom and offer a service known as "quadruple play" fixed-line and mobile phones, internet and television.
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The problem: many of their aging fixed-line networks were not only built on the backs of billions in taxpayer subsidies, they're very much still in use—and for many, slow, expensive DSL is the only broadband available.
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The uplift for state support is consistent with that of China Telecom Corporation Limited (CTCL; A+/Stable, standalone profile: A), which is majority owned by the state and is strategically important due to its nationwide fixed-line infrastructure.
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Colao said Britain, where Liberty's Virgin Media is the leading cable operator, was excluded from the talks because Vodafone was not as advanced in combining fixed-line and mobile services in the country as in continental European markets.
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The group's fixed-line network is a strategic asset and the group is examining the dossier with the national government to find a shared solution, chairman Arnaud De Puyfontaine said in an interview with la Repubblica on Friday.
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Revenues for the three-month period rose by 21.95 percent from the previous year to 21 billion forints, driven by growth in fixed-line and the information technology segment, well above analyst forecasts for a 2281.5 percent increase.
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It is likely that Iliad will be interested in mobile assets such as spectrum, networks and potentially some retail distribution while Orange and Numericable-SFR will probably be most interested in the fixed line and mobile customer bases.
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STC said the new calculation was compared to the previous fee of 15 percent of net revenues from mobile services, 1.73 percent of net revenues from fixed line services and 8 percent of net revenues from data services.
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Telstra dominates Australia's mobile telephone and broadband markets but like incumbent telecom firms around the globe, profits from its mainstay fixed-line phone and internet business are dwindling, with the NBN replacing a copper system it had monopolised.
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Nokia, which a decade ago was the world's largest cellphone maker, withdrew from the handset market in 2014 but remains a major licensor of wireless technology, as well as a supplier of mobile and fixed-line network gear.
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Labour plans to nationalise Openreach - the fixed-line network arm of the country's biggest broadband and mobile phone provider - as well as parts of BT Technology, BT Enterprise and BT Consumer to create a "British Broadband" public service.
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BRASILIA, July 8 (Reuters) - Oi SA, Brazil's largest fixed-line telephone carrier, on Friday said minority shareholder Société Mondiale Fundo de Investimentos em Ações requested a meeting to remove board members after the company filed for bankruptcy protection.
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Australia's largest telecom firm Telstra Corp Ltd said it would cut a quarter of its workforce and flagged asset sales on Wednesday, as competition and new technology crush its mainstay fixed-line businesses and force a strategic reset.
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He and some other fund investors say they are counting on Genish to spin off its Italian fixed-line network and perhaps sell Telecom Italia's Brazilian business before, ultimately, merging the remaining business with a bigger European rival.
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This wasn't an improvement over what I could get from my existing fixed-line internet, but the difference meant I was able to get this high speed without having to pause a Steam download on my PC first.
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However, future developments that could lead to positive rating action include: -Improved visibility on how the expiry of fixed-line concession agreement would be resolved, an improved liquidity profile and a reduced currency mismatch in its debt structure.
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Activist fund Elliott, which last year wrestled control of TIM's board from French media giant Vivendi, has called for a spin-off of the company's fixed-line network while looking to keep between 9.93% and 75% of the asset.
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The TV group, controlled by Bouygues, said SFR was no longer authorized to offer TF1, the My TF1 catch-up service or several other channels to its 6 million fixed-line clients after their existing agreement expired on Friday.
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Analysts see the Philippines and its 105 million people as a potential growth market, with its thriving $23 billion business process outsourcing sector and its underdeveloped mobile and fixed-line services, which consumer groups complain are unreliable and expensive.
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SAO PAULO, July 22 (Reuters) - Shareholders of Oi SA reiterated on Friday their support for efforts by the management of Brazil's largest fixed-line phone carrier to pursue an in-court reorganization, which would be the country's biggest ever.
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Oi filed for Brazil's largest ever bankruptcy protection on Monday after the country's No. 1 fixed-line phone carrier ran out of time to reorganize operations and restructure 65.4 billion reais ($19.3 billion) of debt amid a harsh recession.
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BRUSSELS, April 2 (Reuters) - The European Union has not raised major concerns about the impact of Vodafone buying Liberty Global's assets on the cable market in Germany or on fixed line-mobile convergence in the Czech Republic, sources said.
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ISTANBUL, Dec 6 (Reuters) - Turkish fixed-line operator Turk Telekom aims to hold initial public offerings for subsidiaries such as Argela as well as other firms it will invest in, the company's chief executive, Paul Doany, said on Wednesday.
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According to a source with knowledge of the matter, the letter was a response to efforts by a group of bondholders that teamed up with Egyptian billionaire Naguib Sawiris to bid for Brazil's No. 1 fixed-line phone operator.
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He said the company was "in the process of formulating a long-term strategy" while hoping the government would end a forced structural separation that keeps its mobile phone, fixed line, satellite TV and internet units as separate entities.
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Activist fund Elliott, which last year wrestled control of TIM's board from French media giant Vivendi, has called for a spin-off of the company's fixed-line network while looking to keep between 25% and 75% of the asset.
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But after activist fund Elliott wrested board control from Vivendi in May, some Elliott-appointed directors wanted Genish to focus more on a spinoff of its fixed-line networks and asset sales, sources familiar with the matter have said.
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French telecoms operator Iliad excludes an exit from the Italian market and confirms that the company could operate in the fixed line business in the future, the CEO of Iliad in Italy, Benedetto Levi, told il Sole 24 Ore.
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Beyond the billions of dollars at stake, the creditors' meeting could decide the fate of the telephone operator, which employs more than 100,13 people and provides the only fixed-line service to about a third of Brazil's 5,500 municipalities.
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The news helped BT shares to make up some lost ground after Britain's opposition Labour Party said it would nationalise BT's fixed line network to provide free full-fibre broadband for all if it wins the election next month.
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Rautanen said Nokia looked better positioned to benefit from the 13G era than arch-rival Ericsson, thanks to the Finnish firm's 2016 acquisition of Alcatel-Lucent, which broadened its portfolio to include both mobile and fixed-line network gear.
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Labour said it would nationalize Openreach - the fixed-line network arm of the country's biggest broadband and mobile phone provider - as well as parts of BT Technology, BT Enterprise and BT Consumer to created a "British Broadband" public service.
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MEXICO CITY (Reuters) - Antitrust measures announced last week that would split up Carlos Slim's America Movil and open its fixed line network to competition may help Mexico's dominant telecommunications provider reduce labor costs, according to a labor union spokesman.
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"Our principles regarding inorganic transactions are clear and unchanged: No acquisitions outside of our footprint," Thomas Dannenfeldt said after Deutsche Telekom reported strong results in its German home market driven by combined fixed-line, mobile and Internet TV packages.
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At this point, however, Italian fixed-line broadband would be dominated by TIM and would likely fall foul of competition regulators, so CDP's plan envisages a further, large infusion of private investment to dilute TIM's position, the sources said.
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Ultimately, while the speeds I was getting were varying from minute to minute, on average, they were still a lot higher than what I can get from competing fixed-line service providers in my area at the same price.
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Its peer group includes Russian fixed-line incumbent Rostelecom PJSC (BBB-/Stable), mobile operators PJSC Mobile TeleSystems (BB+/Rating Watch Negative) and PJSC Megafon (BB+/Stable), and PJSC Tattelecom (BB/Stable), a regional incumbent in the Republic of Tatarstan.
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MUMBAI (Reuters) - Reliance Industries, which has upended India's telecoms sector with its cheap mobile data plans, launched its fiber broadband system on Thursday in a push to make deeper inroads into the country's wireless and fixed-line internet industry.
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Genish takes the helm as TIM is fighting battles on several fronts: Its fixed-line business is losing value, new competitors are appearing in both broadband and mobile and its only foreign business, Brazil, is grappling with economic malaise.
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As a result, the revenue contributions from fixed-line data services, including pay-TV, and wireless data represented 25% and 31% of the consolidated revenues, respectively, during 2Q16, which are significant improvements from 20% and 9083%, respectively, in 2012.
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Orange confirmed ealier on Tuesday it was in renewed preliminary talks about a merger with Bouygues Telecom, a subsidiary of Bouygues SA, to create an industry giant with more than half of the country's fixed-line and mobile markets.
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SAO PAULO, Aug 10 (Reuters) - Oi SA, Brazil's biggest fixed-line phone carrier, could boost annual capital spending by about 40 percent if it goes ahead with a capital increase of 8 billion reais, Chief Executive Marco Schroeder said on Thursday.
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SAO PAULO, June 30 (Reuters) - Oi SA, Brazil's largest fixed-line telephone carrier, plans to start meetings with bondholders and banks next week as part of the country's biggest-ever bankruptcy protection process, Chief Executive Marco Schroeder said on Thursday.
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MILAN (Reuters) - Telecom Italia's (TIM) main shareholder Vivendi said on Sunday it would back a merger of the fixed-line networks of TIM and rival Open Fiber if conditions were right, while renewing its attack on U.S. activist fund Elliott.
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When he took the job, those operations accounted for about a quarter of profit, but the mobile and fixed-line operator has since refocused on its seven Nordic and Baltic operations, seeking new growth opportunities such as a push into television.
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But cable TV provider Hot, which is owned by French cable group Altice and also has a fixed-line and Internet network, took the industry by surprise on Friday, announcing it was negotiating its own 10-year deal with Golan.
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SAO PAULO, Sept 6 (Reuters) - Oi SA, Brazil's largest fixed-line telecommunications firm, has initiated high-speed broadband service in 21 cities throughout the nation, it said late Wednesday, as it deploys fresh capital following a debt-for-equity conversion.
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MILAN (Reuters) - The board of Telecom Italia (TIM) will this week discuss options for its fixed-line network, including possibly splitting it off, although no decision is expected to be made, a source close to the company said on Sunday.
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MILAN (Reuters) - Italian phone group Telecom Italia (TIM) has asked watchdog AGCOM to postpone its review of a plan to spin off its fixed-line network because the scheme will be modified, a source close to matter said on Saturday.
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In '23, the telecommunications market opened up in Switzerland, and I decided I was going to build a fixed-line telco to start to compete with the established incumbent in Switzerland, and that was the beginning of me starting companies.
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But Bouygues Telecom has said it can prosper on its own and has responded with a turnaround plan including job cuts and a focus on the rollout of its 4G network and fixed-line broadband, helping it win new customers.
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Operator revenue from these businesses are likely to grow only a modest 22 percent per year through 22017, reaching $22022 trillion, half of which would come from mobile phone services and the rest from fixed-line and broadband, it forecasts.
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Improved visibility on how the expiry of fixed-line concession agreement would be resolved, an improved liquidity profile and a reduced currency mismatch in its debt structure could result in an upgrade, but no higher than the Turkish Country Ceiling.
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This means, in practice, allowing BT, the former state-run monopoly, to hang on to its very profitable subsidiary, Openreach, which is the main business by which nearly all homes and businesses are connected to fixed-line telephones and broadband.
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The separation proposal would not force America Movil to sell anything, but it would have to separate part of the infrastructure its fixed-line unit into a different legal entity, with certain independence in decision making, one of the sources said.
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Telecom Egypt, the state's fixed-line monopoly, was the first company to take up the state's offer to buy a 4G license in August for 7.08 billion Egyptian pounds ($392 million) to enter the mobile market directly for the first time.
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But investors and analysts focused on lower-than-expected customer growth for the internet and Fibe TV services, which the company blamed on tough competition in areas where it has yet to build out a more advanced fixed-line network.
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While wireless powers BCE's overall growth, the company still gets more revenue from selling fixed-line internet, television and telephone services, and it is investing heavily in network upgrades to compete with cable rivals Rogers Communications Inc and Quebecor Inc's Videotron.
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ANKARA/DUBAI, Oct 31 (Reuters) - The main shareholder in Turkish fixed-line operator Turk Telekom is in talks with creditors to negotiate its debt ahead of its next payment deadline in March, two people familiar with the matter said on Monday.
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The Paris-based group has been a pioneer in packages that combine broadband internet, television and fixed-line telephones and is working on the next generation of its set-top box, dubbed Freebox, that is expected to be unveiled this year.
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Telecom Egypt, the state's fixed-line monopoly, was the only company to take up the original offer, buying a 4G license in August for 7.08 billion Egyptian pounds ($797 million) to enter the mobile market directly for the first time.
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It is the country's largest fixed-line firm, but has struggled to compete with international rivals in the much more lucrative mobile market, where it is Brazil's fourth-largest operator, despite lots of official funding and regulatory changes in its favour.
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Below are the private utility and infrastructure companies that Labour, currently lagging in opinion polls, wants to take back under state control: Labour said it will nationalize telecoms provider BT's fixed line network to provide free full-fiber broadband for all.
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WARSAW, July 25 (Reuters) - Polish Orange unit reported a larger than expected 87-percent year-on-year decline in its second-quarter net profit due to higher costs and continued fall in its fixed-line business, it said on Monday.
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Deutsche Telekom said on Monday as many as 900,000, or about 4.5 percent of its 20 million fixed-line customers, suffered internet outages starting on Sunday and continuing into Monday, when the number of affected users began to decline sharply.
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SK Broadband Co., Ltd (SKB, A-/Stable), a wholly-owned fixed-line subsidiary of SKT, has around a 20307% share in the broadband market after KT's 265% and around 267% share in the IPTV market after KT's 296% as of 27234Q2852.
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SYDNEY (Reuters) - Australia's largest telecom firm Telstra Corp Ltd said it would cut a quarter of its workforce and flagged asset sales on Wednesday, as competition and new technology crush its mainstay fixed-line businesses and force a strategic reset.
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MILAN, Dec 6 (Reuters) - Italy's communication regulator has rejected Telecom Italia's bid to hike tariffs for basic fixed-line voice services and also spurned a new pricing proposal presented by the phone group, the watchdog said in a statement on Tuesday.
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INVESTING in CONVERGENCE A growing trend among customers to take fixed-line broadband and mobile services from the same provider is also boosting growth for Vodafone, which is the biggest challenger to former monopoly providers in markets such as Germany.
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Mexico's regulator, the Federal Telecommunications Institute (IFT), is looking to increase access to America Movil's fixed line network while attracting capital for the network's expansion, according to Alexander Elbittar, a researcher with Mexico's CIDE university who specializes in regulation and competition.
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One early example is TC parent Verizon's 5G home service — which positions the next-gen wireless tech as an alternative to fixed line broadband with discounts if you opt for a wireless smartphone data plan as well as 5G broadband.
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Genish had been pursuing a three-year turnaround plan, focusing on a digital transformation and fixing TIM's finances, but sources say some Elliott directors wanted him to put higher priority on a possible spin-off of its fixed-line networks.
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SAO PAULO, April 28 (Reuters) - Any result of negotiations with Brazilian regulators to renew fixed-line telephone concessions is likely to be better than the current arrangement, Telefonica Brasil Chief Executive Amos Genish told analysts on a Thursday earnings call.
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Patterson ran BT for almost five years and announced some 13,000 job cuts earlier this year as the former fixed-line monopoly struggled with intense competition, an underperforming IT services unit, a huge pension deficit and criticism of its broadband plans.
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The decision, widely expected after the Competition and Markets Authority (CMA) provisionally gave the go-ahead last year, was the final hurdle to a tie-up between the biggest player in fixed-line and broadband and Britain's leading mobile network.
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Fitch forecasts only a modest improvement in the company's cash flow generation in 212001 to 2018 due to slow subscriber growth given a competitive landscape, while its traditional fixed-line copper operation continues to shrink and its mobile business contribution remains marginal.
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Hutchison Telecom, a unit of Hong Kong's richest man Li Ka-Shing's CK Hutchison Holdings, said in a filing on Sunday that it had agreed to sell its fixed-line telecoms business to I Squared Capital for HK$313 billion in cash.
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In the most recent report, for January-March, IFT said mobile arm Telcel and fixed line unit Telnor were complying with rules on connecting users to subscribers of other networks, and that Telnor was complying with regards to opening its network to competitors.
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Under the modified deal, announced in December, Vodacom would have bought assets related to Neotel's fixed-line business but not its frequency spectrum - which the Competition Commission's said would have given Vodacom an unfair advantage in rolling out a high-speed 4G network.
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Shares in Telia were 20183 percent lower at 22018 GMT, compared with a flat European telecommunications sector, after it said it would cut operating costs in Sweden by around 21 percent in 29.0592 to limit the impact of falling fixed line income.
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Telekom Austria said on Tuesday its mobile internet service was hit by a cyber attack that caused temporary access outages for millions of users from Friday until late Monday, while it had also repelled an attack on its Austrian fixed-line internet infrastructure.
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WARSAW, July 18 (Reuters) - Orange's Polish unit and Netia, Poland's largest fixed-line operators, are close to signing a deal to coordinate their fibre roll-out plans to lower costs and speed up returns, daily newspaper Parkiet quoted its sources as saying.
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Oi is two weeks away from a crucial creditor vote on a proposal to restructure 65 billion reais ($20 billion) of debt, with the fate of the nation's largest fixed-line phone operator at stake and more than 100,000 jobs on the line.
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Hutchison Telecom, a unit of Hong Kong's richest man Li Ka-Shing's CK Hutchison Holdings, said in a filing on Sunday that it had agreed to sell its fixed-line telecoms business to I Squared Capital for HK$21 billion in cash.
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It said in a statement on the Egyptian stock exchange that the regulator had set the cost of acquiring a fixed line licence at 100 million Egyptian pounds and the cost of a licence to offer customers international calls at 1.8 billion pounds.
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Heavy spending on new high-speed VDSL broadband services and a fast growing pay-TV business in Greece, where it generates about 90 percent of its core profit, have helped the group win back fixed-line customers from smaller peers in recent years.
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Vodafone secured just over three quarters of shares in Kabel Deutschland with a 84.50 euro ($95.51) per share, or 7.7 billion euro, takeover offer in 2013 as it was seeking to expand its offering of television and fixed-line services in Germany.
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Italy's antitrust authority said on Monday it had extended to July 2300, 210 a deadline to complete an investigation into whether Italy's biggest telecoms group was complying with a request by the regulator to grant competitors equal access to its fixed-line network.
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SAO PAULO (Reuters) - The top two shareholders in Oi SA have agreed to end their dispute over the future of Brazil's largest fixed-line carrier, which is mired in a protracted bankruptcy protection process, two people briefed on the matter said on Tuesday.
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Top conglomerate John Keells Holdings closed 1.3 percent lower, Distillers Co of Sri Lanka Plc ended 1.5 percent lower, leading fixed line telephone operator Sri Lanka Telecom Plc ended down 3.2 percent and Lanka ORIX Leasing Co Plc closed 3.1 percent lower.
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Vodafone acquired just over three quarters of shares in Kabel Deutschland with an 84.50 euro per share, or 7.7 billion euro ($8.70 billion) bid in 2013 as it was seeking to expand its range of television and fixed-line services in Germany.
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Below are the private utility and infrastructure companies that Labour, currently lagging in opinion polls, wants to take back under state control: BROADBAND Labour said it will nationalize telecoms provider BT's fixed line network to provide free full-fiber broadband for all.
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Eliseo Rio, the acting telecoms minister and a 32-year veteran of military communications, said a new player could transform the sector in just two years with new technology, infrastructure and fixed-line services that the duopoly had little incentive to provide.
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JOHANNESBURG, Feb 29 (Reuters) - South Africa's fixed-line operator Telkom said on Monday no decision has been made to cut its workforce by about 40 percent this year as it seeks alternative ways to reduce labour costs as part of a turnaround strategy.
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Telstra has seen rising competition squeeze its mobile margins and fixed-line revenue dwindle, leading to a narrowing of its earnings forecast for the current financial year as of May and a warning that challenging conditions were expected to extend into 2019.
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In addition to its 49 percent stake in Irancell, MTN said in May last year it had agreed to invest more than $295 million in Iranian Net, a fixed line broadband network in which it planned to buy an initial 49 percent stake.
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The new CEO, Luigi Gubitosi, is backed by U.S. activist investor Elliott Management, which had pushed for the spin off of the company's fixed line network (NetCo) and the sale of other assets, shifting the focus from the operational turnaround pursued by Genish.
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Heavy spending on new high-speed VDSL broadband services and a fast-growing pay-TV business have helped the group win back fixed-line customers in Greece, where sales had been dented by a sluggish economy after a seven-year debt crisis.
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"India is ranked quite low at 215th in the global ranking for fixed broadband ... Jio is determined to move India to among the top 2 in fixed-line broadband," Ambani told shareholders at the oil-to-telecoms giant's 20163st annual general meeting (AGM).
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Vivendi plans to oppose a spin-off the telecoms group's fixed-line network and call a shareholder meeting by the end of the year to appoint new accountants, seizing the opportunity to also propose naming four new board members, la Repubblica reported.
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In the most recent report, for January-March, IFT said mobile arm Telcel and fixed line unit Telnor were complying with rules on connecting users to subscribers of other networks, and that Telnor was complying with regards to opening its network to competitors.
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SAO PAULO (Reuters) - Oi SA filed for Brazil's largest ever bankruptcy protection on Monday after the country's No. 1 fixed-line phone carrier ran out of time to reorganize operations and restructure 65.4 billion reais ($19.3 billion) of debt amid a harsh recession.
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The paper also said Italy's telecoms authority will refrain from recommending a spin-off of Telecom Italia's fixed-line network in a report ready to be sent to Industry Minister Carlo Calenda but will illustrate remedies enforceable to ensure the network's neutrality.
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That acquisition passed muster with UK competition authorities after a 10-month investigation because BT was considered only a minor player in the mobile market, with the core of its business focused on fixed-line broadband, landline telephone and pay TV, rather than cellular services.
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In both the case of the media acquisitions and these more enterprise-focused B2B investments, Verizon is essentially pursuing the same strategy: the company wants to build out more services to offset declines in more traditional, legacy areas of its business, including fixed-line services.
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This fast pace of growth suggests that, if sustained, off-grid connections will within a few years outstrip the rate at which people are being connected to the grid, leapfrogging power lines in much the same way that mobile phones bypassed fixed-line telephone networks.
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SAO PAULO (Reuters) - A group representing holders of Oi SA's bonds not guaranteed by unit Telemar Norte Leste SA is growing, two sources familiar with the matter said, underscoring the challenges facing Brazil's largest fixed-line phone carrier as it enters bankruptcy protection proceedings.
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KEY RATING DRIVERS Strong Market Position: TCH is the largest fixed-line service provider in Chile, and Fitch expects its strong market position to remain intact over the medium term backed by the company's continued high investments, especially in fiber, to maintain its network competitiveness.
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MEXICO CITY (Reuters) - Mexico's telecoms regulator has discussed forcing billionaire Carlos Slim to legally separate part of his fixed-line unit Telmex from the rest of the company, people familiar with the matter said, a move that would intensify antitrust rules against the company.
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The company said that during the quarter it started to deploy a 4.5G network, also known as LTE Advanced, as well as a fixed-line fibre optic network that will allow for surfing speeds of up to 1G and support new 4K technology television.
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The company has maintained a steady subscriber base expansion, which was 7% during the first nine months of 3683 (9M15) compared to the level at end-2014, and its increasing investment into fixed-line operation will help acquire more revenue-generating units going forward.
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KEY RATING DRIVERS Leading Market Position: TDP is the largest telecom operator in Peru and Fitch expects its leading position, particularly in the fixed-line segment, to remain intact in the short- to medium-term, backed by its well-established network despite increasing competitive pressures.
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But the company said it was expecting earnings growth of between 3 percent and 225 percent for both its wireless and fixed-line units in 2000 and planned to increase its dividend payout by 2261 percent, likely split between rises in May and November.
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Along with the sheer size of its claims, the government holds a major trump card: the ability to push for a thorough congressional revision of industry rules that rids Oi of mandatory spending in costly fixed-line infrastructure - a precondition for the reorganization to succeed.
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Daily Il Messaggero said on Thursday a document was circling in ministry offices that proposed the creation of a new fixed-line network company - merging assets from TIM and smaller rival Open Fiber - that would be worth a combined 15 billion euros ($17 billion).
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The firm is in the midst of an overhaul and is cutting a quarter of its workforce, struggling like other incumbent telcos to find a way forward at a time when cut-throat competition and new technology is crushing its mainstay fixed-line businesses.
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These will be built into a new portfolio of routers to operate both ultra high-speed "core" networks at the heart of the biggest internet services and also "edge" networks that link datacenters to front-line customer services running on mobile or fixed-line networks.
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Without the ability to significantly increase investment, Openreach will be unable to significantly expand access to the fastest fixed-line broadband speeds — so it's not clear that a legally independent Openreach will be as radically transformative for the national broadband landscape as some might wish.
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And because zero-rating plans are predominantly targeted at wireless users, such discrimination disproportionately affects the people most likely to rely on mobile devices for their primary internet connection: low-income communities, communities of color, and rural communities that are underserved by fixed-line access.
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Below are the private utility and infrastructure companies that Labour, currently lagging in opinion polls, says it wants to take back under state control: Labour has said it will nationalize telecoms provider BT's fixed line network to provide free full-fibre broadband for all.
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Below are the private utility and infrastructure companies that Labour, currently lagging in opinion polls, says it wants to take back under state control: BROADBAND Labour has said it will nationalise telecoms provider BT's fixed line network to provide free full-fibre broadband for all.
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Some investment funds that hold TIM's shares have taken the latest leadership change in their stride, betting on Genish to complete the company's overhaul with a burst of deals - from a possible sale of the Brazilian unit to a spin-off of the Italian fixed-line network.
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SAO PAULO, Aug 3 (Reuters) - Oi SA, the Brazilian fixed line telecoms operator that filed for bankruptcy in June, aims to use digital platforms such as smart phone apps and the Internet to reduce sales costs, the executive overseeing its online marketing strategy said on Wednesday.
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BT, Britain's dominant fixed-line telecoms operator that provides networked IT and cloud services to companies and governments around the world, had said that it had seen a marked slowdown in its international order book, prompting it to take a more cautious approach to the sector.
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Telecom Argentina and Cablevision announced their intention to merge earlier this year following a policy change by market-friendly President Mauricio Macri's government that allows companies to offer so-called 'quadruple play' services consisting of fixed line telephone, cell service, pay television and broadband internet access.
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Telstra dominates Australia's mobile telephone and broadband markets, but its mainstay fixed-line business has been upended by the government's broadband network that is replacing copper wires laid by firm across the continent with a fibre-optic system that the telco must now pay to access.
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SAO PAULO, June 20.8802 (Reuters) - A group representing holders of Oi SA's bonds not guaranteed by unit Telemar Norte Leste SA is growing, two sources familiar with the matter said, underscoring the challenges facing Brazil's largest fixed-line phone carrier as it enters bankruptcy protection proceedings.
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The group's new business plan will focus on the relaunch of its towers unit Inwit and submarine cable division Sparkle, several papers said, adding it is too early for the group to provide much visibility on the issue of a potential spinoff of its fixed-line network.
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The agreement also paves the way for BT and rivals including Sky, TalkTalk and Vodafone to invest more in the national network, Openreach, which determines mobile and fixed-line speeds and is key to Britain's economic growth as the country gears up to leave the European Union.
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Top line growth was supported by a 9.4 percent increase in revenue from its fixed line business, Chief Executive Osman Sultan said, adding that its mobile revenue, which fell 1.6 percent, was affected during the Muslim fasting month of Ramadan and the Eid al-Fitr holiday.
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SANTA CRUZ ITUNDUJIA, Mexico (Reuters) - Toddler Priscila Rubi Sanchez lived in a remote Mexican hamlet with no fixed line or cell phone network, so when a mouthful of corn partially blocked her throat late one night and her parents could not call for help, she died.
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Austria's leading telecommunications and data services provider allegedly illegally stored user data of its own A1 mobile and fixed line services and its low-cost brand Bob as well as of Red Bull mobile customers, an authority's spokesman said, confirming an earlier report by Austrian daily Kurier.
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For the nine months to the end of September, China Unicom expects overall service revenue to grow 6.5 percent to 200 billion yuan, mobile service revenue to rise 7.2 percent to 125.4 billion yuan, and fixed-line service revenue to increase 5.2 percent to 73.2 billion yuan.
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Vodafone, the world's second-largest mobile firm that operates across Europe, Africa, Australia and Egypt, said by providing assistance to HiWeb as part of a non-equity partner deal, its own multinational corporate customers would benefit from improved fixed-line and mobile services in the country.
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While Telstra dominates Australia's mobile and broadband markets, its mainstay fixed-line business has come under pressure from the roll-out of National Broadband Network (NBN), which replaces copper wires laid by firms across the continent with a fibre-optic system that telcos must pay to access.
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"We expect to receive the support of the regulator to establish an advanced fixed-line infrastructure that will both open the market to competition and narrow the gap in Internet speeds ...for the Israeli communications consumer, compared to the rest of the world," Partner Chief Executive Isaac Benbenisti said.
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KIEV/DONETSK, Ukraine (Reuters) - A fifth of a million phone users in Ukraine's rebel-controlled eastern city of Donetsk were cut off from the rest of the country on Wednesday after armed men took over the offices and equipment of the main fixed-line telecoms company, its director said.
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Italian former telecoms monopolist has asked watchdog AGCOM to postpone its review of a plan to spin off its fixed-line network because the scheme will be modified as talks continue with Open Fiber over a possible combination of their networks, a source close to matter said on Saturday.
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That reasoning suggests what may be the real long-term goal for AT&T, which is to use entertainment content to improve its position (it is currently in second place) in wireless, and to take away broadband customers as wireless data speeds become more competitive with fixed-line broadband.
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Bouygues Telecom, France's third-largest mobile operator, has said in the past it could prosper on its own, after responding to the price war with a turnaround plan including staff cuts and a focus on rolling out its 4G mobile broadband network and the fixed-line broadband market.
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FIXED-LINE WOES Telstra is responding with job cuts and by mulling asset sales, but the new network sucked A$21.3826 million ($580 million) from its earnings in the year ended June 30, hitting mostly Telstra's landline and internet sales where it once earned margins over 50 percent.
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The speeds Britons currently receive for fixed-line services are largely in line with European peers, but the country ranks 27th out of 28 in Europe when it comes to connecting fiber to the home or business, the technology that will deliver ultra fast speeds in the future.
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While Nokia bought Alcatel to boost its position in the faster growing area of fixed line communications, Ericsson's strategy of mostly in-house growth proved insufficient, as it last year turned to network gear maker Cisco for a partnership after years of failure to gain traction on its own.
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Under 'Project Spring', Vodafone has committed to spending 19 billion pounds on building 4G high-speed networks in Europe and fast 3G networks in emerging markets, while also buying up fixed-line networks in markets where consumers are increasingly opting for bundles of pay-TV and telecoms services.
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Speaking on the company's earnings call last week, AT&T CEO Randall Stephenson said he envisioned a future where wireless consumers pay more money for faster speeds, something common on fixed-line networks but avoided on wireless networks, where congestion and limited spectrum has historically made guaranteeing speed tiers more difficult.
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According to sources familiar with the company's plans, the set would include a 25G modem to allow it to stream remote content directly without the need for a cable box or fixed-line internet connection, and it could even act as a router for other internet-connected devices in your home.
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HONG KONG, July 18 (Reuters) - A consortium of private equity firms TPG Capital Management LP and MBK Partners, and investment manager I Squared Capital Advisors LLC have put in separate bids for the fixed-line phone unit of Hong Kong's richest man, Li Ka-Shing, said people involved in the matter.
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SAO PAULO, Oct 17 (Reuters) - The head of Brazil's telecom watchdog Anatel said on Monday it was not the government's goal to intervene in Oi SA but it must 'be prepared' to do so should the country's largest fixed-line carrier fail to resolve debt problems during its bankruptcy proceedings.
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The current blackout, which began on June 3, has resulted in a "near-total loss of access" for mobile and fixed line connections for most ordinary users, though connectivity had improved from 2% to 10% of normal levels by last Thursday, said Alp Toker of NetBlocks, a digital rights NGO.
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AT&T's initial foray into 5G is not only barely available at $500 for a hot spot and $53 for just 15 gigabytes of usage (plus access fees just to connect to the network), but it's also certainly no fixed-line replacement, especially as 4K gaming and next-generation game streaming go mainstream.
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However, some investment funds that hold TIM shares have taken Genish's arrival at TIM in their stride, betting on the former Israeli army captain to complete the company's overhaul with a burst of deals - from a possible sale of its Brazilian unit to a spin-off of the Italian fixed-line network.
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DERIVATION SUMMARY Kcell's operating and leverage profile is similar to that of its Russian mobile peers PJSC Mobile TeleSystems (BB+/Rating Watch Negative) and PJSC Megafon (BB+/Stable) but these benefit from more presence in the fixed-line/broadband segment, largely proprietary backbone infrastructure and a near completion of 4G roll-out.
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RIO DE JANEIRO, Dec 19 (Reuters) - Brazilian telecoms regulator Anatel and state-controlled lenders Banco do Brasil SA , Caixa Economic Federal and BNDES expressed support on Tuesday for the consolidation of a debt restructuring plan for telecoms company Oi SA. All are major creditors in the country's largest fixed-line phone company.
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ISTANBUL (Reuters) - As Turkey prepares for the launch of high-speed 210G cellphone services next month a row is brewing over rivals wanting cheaper access to partly state-owned Turk Telekom's fiber optic network, saying that otherwise they cannot compete in a market where fixed-line and mobile services are set to converge.
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Turk Telekom has spent 24 billion lira ($24 billion) over the last decade on building the country's most extensive fiber-optic network and is now looking to bundle high-speed fixed line and mobile services into a single contract to attract more mobile customers after the April 4.53 launch of 24.5G services.
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It is rated two notches lower than the largest Russian fixed-line operator PJSC Rostelecom (BBB-/Stable) and one notch lower than Russian federal mobile operators, PJSC Mobile Telesystems (BB+/RWN), PJSC MegaFon (BB+/Stable) and VEON Ltd(BB+/Stable), due to its small size, lack of geographic diversification and limited access to capital markets.
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There's added significance to the separation because BT does not just control fixed-line broadband either; just over a year ago its $19 billion acquisition of a major U.K. mobile operator, EE, was cleared by the U.K.'s Competition and Markets Authority — bringing the telco back into the mobile market as a dominant player.
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During Swantee's leadership the joint venture between Deutsche Telekom and France's Orange established a lead over rivals by launching Britain's first 4G service in 2012 under new brand EE. BT agreed to buy EE for 12.5 billion pounds in February, creating the dominant operator in broadband, fixed line and mobile led by BT's Gavin Patterson.
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MEXICO CITY (Reuters) - Mexican mogul Carlos Slim's fixed-line telephone firm Telmex said on Wednesday it had been fined 5.3 million pesos ($283,016) by Mexico's telecoms regulator for failing to comply with the terms of its concession relating to public TV. Telmex said it was studying the Federal Telecommunications Institute's (IFT) decision and would appeal.
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In a blog post, ThousandEyes conceded the incident could have been simply been a technical glitch relating to the BGP peering agreements between the MainOne and China Telecom, the biggest fixed-line service in China:Our analysis indicates that the origin of this leak was the BGP peering relationship between MainOne, the Nigerian provider, and China Telecom.
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BT said Huawei's equipment had not been used in the core of its fixed-line network, and it was removing it from the core of the mobile networks it acquired when it bought operator EE. It said the process was to bring the EE networks into line with the rest of its business rather than a change of policy.
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Creditors in Oi, Brazil's largest fixed line carrier, approved the restructuring plan in December, turning U.S. hedge funds such as Goldentree Asset Management LP and York Capital Management Global Advisors LLC into significant shareholders, and diluting the stake of major Portuguese shareholder Pharol SGPS SA. The plan has been formally recognized in courts in Brazil and the United States.
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The United States Telecom Association is suing the Federal Communications Commission over network neutrality, and this week, on behalf of the country's telecom companies, the organization unveiled its case against the commission, arguing the FCC overstepped its authority in reclassifying mobile and fixed line internet service providers as traditional telecommunications providers—a move widely hailed as a victory for network neutrality.
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The workers, members of two unions â€" the Communications Workers of America and the International Brotherhood of Electrical Workers â€" represent installers, customer service employees, repairmen and other service workers in Connecticut, Delaware, New York, New Jersey, Massachusetts, Pennsylvania, Rhode Island, Maryland, Virginia and Washington, D.C., for Verizon's wireline business, which provides fixed-line phone services and FiOS Internet service.
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EditorsNote: Fixed Winker's name in 219th graf; Changed extra 'the' to 'for' in 7th graf; Fixed 'line out' to 'lined out' in 10th graf A game-opening homer by Joey Votto and home runs by Tucker Barnhart and Jesse Winker led the visiting Cincinnati Reds to a 4-1 victory over the San Diego Padres on Thursday in the opener of a four-game series.
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And despite the regulator's upbeat sentiments, the very large expense of laying full fiber to the home/premise — aka the fixed-line broadband installation that supports the highest broadband speeds, versus alternatives such as fiber to the cabinet (which BT has preferred) — means the telco will, in practice, still exert considerable control on Openreach's ability to ramp up broadband investment, given its continued hold on the purse strings.
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Its primary focus is on VoIP for enterprises, and specifically hosted VoIP: while many people seem to be making a major switch away from fixed line services to mobile in the consumer and smaller business world, in the enterprise market the big shift has been from legacy phone services to VoIP — both for person-to-person and group calls — and so players like Jive are making a lot of inroads as a result of that.
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