Tag #Telecom

Showing 25 to 36 of 46 results

theglobeandmail.com

🌐 75% Global Worthiness

Feb 11, 04:08

BCE Offers Severance to 1,200 Union Employees Amidst Financial Pressures

BCE Inc. announced it is offering severance packages to 1,200 union employees across Canada due to industry challenges and organizational changes, prompting criticism from Unifor about the company's financial priorities and impact on Canadian workers.

BCE Offers Severance to 1,200 Union Employees Amidst Financial Pressures

BCE Inc. announced it is offering severance packages to 1,200 union employees across Canada due to industry challenges and organizational changes, prompting criticism from Unifor about the company's financial priorities and impact on Canadian workers.

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Decent Work and Economic Growth

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How does BCE's financial situation and recent acquisition of Ziply Fiber contribute to the job-reduction program?

This workforce reduction is part of BCE's efforts to improve its financial performance, as the company faces pressure from high debt ($40.5 billion) and dividend payouts exceeding free cash flow. The job cuts, affecting both administrative and technical roles, are being offered as a voluntary separation program. The decision has drawn criticism from Unifor, highlighting concerns about the potential negative impacts on Canadian workers.

theglobeandmail.com

🌐 85% Global Worthiness

Jan 31, 22:08

Canada's Huawei Ban Stalled: National Security Concerns Remain

Canada's Bill C-26, intended to remove Huawei and ZTE equipment from telecommunication networks for national security, failed to pass Parliament; while Bell complied, Telus continues using some Huawei radios on its 5G network, despite government claims this contradicts the directive's intention.

Canada's Huawei Ban Stalled: National Security Concerns Remain

Canada's Bill C-26, intended to remove Huawei and ZTE equipment from telecommunication networks for national security, failed to pass Parliament; while Bell complied, Telus continues using some Huawei radios on its 5G network, despite government claims this contradicts the directive's intention.

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Peace, Justice, and Strong Institutions

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What are the immediate consequences of the failure of Bill C-26 on Canada's national security, particularly regarding the continued use of Huawei equipment in 5G networks?

In May 2022, Canada announced a ban on Huawei and ZTE equipment in 5G networks due to national security concerns, aiming for complete removal by June 2024. However, Bill C-26, the law enabling this, died in Parliament, and Telus continues to use some Huawei 4G radios upgraded for 5G, despite claims of compliance.

theglobeandmail.com

🌐 65% Global Worthiness

Jan 30, 19:10

Rogers Q4 Results: Lower Subscriber Growth Despite Strong Revenue

Rogers Communications reported lower-than-expected wireless subscriber additions (69,000 prepaid) in Q4 2024 due to competition and reduced immigration, but maintained strong overall service revenue ($4.5 billion) and increased net income (70 percent).

Rogers Q4 Results: Lower Subscriber Growth Despite Strong Revenue

Rogers Communications reported lower-than-expected wireless subscriber additions (69,000 prepaid) in Q4 2024 due to competition and reduced immigration, but maintained strong overall service revenue ($4.5 billion) and increased net income (70 percent).

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Reduced Inequality

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What is the primary reason for Rogers' lower-than-expected wireless subscriber growth in Q4 2024, and what are the immediate financial consequences?

Rogers Communications added 69,000 prepaid wireless subscribers in Q4 2024, falling short of the 74,000 anticipated by analysts and significantly lower than the previous year's 166,000. This shortfall is attributed to increased competition and reduced immigration. Despite this, total service revenue reached $4.5 billion, a 2 percent increase year-over-year.

theglobeandmail.com

🌐 75% Global Worthiness

Jan 28, 16:13

Canadian Telecoms Face Revenue Headwinds, Consider Asset Sales

Facing investor pressure due to slow revenue growth and high debt, Canada's largest telecom companies—Bell, Rogers, and Telus—are considering selling infrastructure assets to improve their financial positions, but analysts predict a turnaround isn't likely before 2026.

Canadian Telecoms Face Revenue Headwinds, Consider Asset Sales

Facing investor pressure due to slow revenue growth and high debt, Canada's largest telecom companies—Bell, Rogers, and Telus—are considering selling infrastructure assets to improve their financial positions, but analysts predict a turnaround isn't likely before 2026.

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Decent Work and Economic Growth

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How did Rogers' recent asset sale impact investor sentiment, and what does this reveal about investor priorities?

This strategy, while seemingly beneficial, has limitations. Rogers' recent sale of a stake in its wireless backhaul business to Blackstone, though raising $7 billion, didn't improve investor sentiment because it did not solve underlying concerns about revenue growth.

cincodias.elpais.com

🌐 75% Global Worthiness

Jan 8, 10:08

Finetwork Secures 10-Year Vodafone Contract with €40 Million Debt Write-Off

Finetwork, a Spanish MVNO using Vodafone's network, secured a 10-year contract extension after tense negotiations, including a €40 million debt write-off from Vodafone, granting access to Vodafone's 5G and fiber networks. This follows a period of threats by Finetwork to switch providers and a change...

Finetwork Secures 10-Year Vodafone Contract with €40 Million Debt Write-Off

Finetwork, a Spanish MVNO using Vodafone's network, secured a 10-year contract extension after tense negotiations, including a €40 million debt write-off from Vodafone, granting access to Vodafone's 5G and fiber networks. This follows a period of threats by Finetwork to switch providers and a change...

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What are the long-term challenges facing Finetwork, and how might its new strategic direction impact its future success?

Finetwork's future hinges on its ability to achieve profitability. While the new contract secures network access, its financial situation remains precarious, as evidenced by past losses and ongoing litigation. The recent CEO change suggests a shift in strategy towards financial stability.

gr.euronews.com

🌐 85% Global Worthiness

Jan 6, 16:11

Italy in €1.5 Billion SpaceX Deal for Secure Telecommunications

Italy is negotiating a €1.5 billion deal with SpaceX for secure telecommunication services, including encryption, military communication, and emergency satellite support; this follows previous tensions between the Italian Prime Minister and Elon Musk, and faces opposition from Italian telecom provid...

Italy in €1.5 Billion SpaceX Deal for Secure Telecommunications

Italy is negotiating a €1.5 billion deal with SpaceX for secure telecommunication services, including encryption, military communication, and emergency satellite support; this follows previous tensions between the Italian Prime Minister and Elon Musk, and faces opposition from Italian telecom provid...

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Industry, Innovation, and Infrastructure

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How does this deal reflect the broader economic challenges facing Italy's telecom industry and its efforts to meet EU-funded broadband targets?

This deal reflects Italy's efforts to modernize its infrastructure and bolster national security, particularly amidst economic challenges in its telecom sector. The agreement addresses vulnerabilities in existing networks and aims to leverage SpaceX's advanced technology for emergency response capabilities. However, it sparks debate about competition with domestic providers and data sovereignty.

dailymail.co.uk

🌐 75% Global Worthiness

Feb 4, 16:11

Vodafone Q4 Sales Up 5%, Driven by UK and Africa, Offset by German Slowdown

Vodafone's Q4 2024 turnover rose 5% to €9.8 billion, driven by strong UK (€1.9 billion, +7.2%) and African (+11.6% organic services revenue) sales, offsetting a German decline (-6.4% service revenue) due to price hikes and regulatory changes; a UK merger with Three is planned.

Vodafone Q4 Sales Up 5%, Driven by UK and Africa, Offset by German Slowdown

Vodafone's Q4 2024 turnover rose 5% to €9.8 billion, driven by strong UK (€1.9 billion, +7.2%) and African (+11.6% organic services revenue) sales, offsetting a German decline (-6.4% service revenue) due to price hikes and regulatory changes; a UK merger with Three is planned.

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What are the long-term implications of the planned merger with Three UK for Vodafone, considering both opportunities and potential risks?

The pending merger with Three UK is crucial for Vodafone's future. Becoming the UK's largest mobile operator with a £11 billion investment in 5G infrastructure signals a long-term commitment to the UK market. However, challenges remain in Germany, where the company must navigate regulatory changes and customer price sensitivity.

es.euronews.com

🌐 75% Global Worthiness

Jan 31, 10:10

Europe Lags in 5G Deployment, Impacting AI Adoption

A Connect Europe report reveals that Europe's standalone 5G coverage is only 40%, lagging behind North America's 91% and Asia Pacific's 45%, impacting AI adoption and highlighting a 2% drop in 2023 telecom investment to €57.9 billion.

Europe Lags in 5G Deployment, Impacting AI Adoption

A Connect Europe report reveals that Europe's standalone 5G coverage is only 40%, lagging behind North America's 91% and Asia Pacific's 45%, impacting AI adoption and highlighting a 2% drop in 2023 telecom investment to €57.9 billion.

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Industry, Innovation, and Infrastructure

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What are the key implications of Europe's significantly lower standalone 5G coverage compared to the US and Asia?

Europe lags behind the US and Asia in standalone 5G coverage, reaching only 40% of its population compared to 91% in North America and 45% in Asia Pacific, according to a Connect Europe report. This disparity impacts the adoption of other technologies reliant on fast internet, like AI. Investment in the EU telecom sector also dropped 2% in 2023.

elmundo.es

🌐 85% Global Worthiness

Jan 29, 16:12

MWC Barcelona 2024: Over 101,000 attendees and €550 million economic impact

The Mobile World Congress (MWC) in Barcelona, from March 3-6, expects over 101,000 attendees and €550 million economic impact, showcasing AI and 5G advancements, including a remote car driving demo, and featuring Talent Arena, a new subsalon focused on digital sector growth.

MWC Barcelona 2024: Over 101,000 attendees and €550 million economic impact

The Mobile World Congress (MWC) in Barcelona, from March 3-6, expects over 101,000 attendees and €550 million economic impact, showcasing AI and 5G advancements, including a remote car driving demo, and featuring Talent Arena, a new subsalon focused on digital sector growth.

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What are the potential long-term consequences of the MWC's continued growth for Barcelona's economy and its role in the global technology landscape?

The MWC's success signifies Barcelona's position as a tech hub, driving economic growth and attracting talent. The addition of Talent Arena strengthens the event's ecosystem and positions it as a key player in shaping the future of technology and fostering innovation.

theglobeandmail.com

🌐 75% Global Worthiness

Jan 24, 16:10

Verizon's Strong Subscriber Growth Offsets Lower-Than-Expected Profit Forecast

Verizon's Q4 2024 results show the best wireless subscriber growth in five years (568,000 additions), exceeding expectations, driven by myPlan and iPhone 16 promotions; however, annual profit and free cash flow forecasts fell slightly short of Wall Street estimates.

Verizon's Strong Subscriber Growth Offsets Lower-Than-Expected Profit Forecast

Verizon's Q4 2024 results show the best wireless subscriber growth in five years (568,000 additions), exceeding expectations, driven by myPlan and iPhone 16 promotions; however, annual profit and free cash flow forecasts fell slightly short of Wall Street estimates.

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Reduced Inequality

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What is the main driver of Verizon's strong wireless subscriber growth, and what are its immediate impacts?

Verizon reported its best quarterly wireless subscriber growth in five years, adding 568,000 monthly bill-paying subscribers, exceeding expectations. This success was driven by the myPlan service, Black Friday deals, and iPhone 16 trade-in offers, boosting the company's shares by 2 percent. However, annual profit and free cash flow forecasts fell short of Wall Street estimates.

fr.euronews.com

🌐 85% Global Worthiness

Jan 6, 16:11

Italy Negotiates €1.5 Billion SpaceX Deal Amid Telecom Industry Challenges

Italy is negotiating a €1.5 billion, five-year deal with SpaceX for telecommunications security services, prompting opposition from local companies facing financial challenges and concerns about data sovereignty, despite the government's aim to meet EU broadband goals.

Italy Negotiates €1.5 Billion SpaceX Deal Amid Telecom Industry Challenges

Italy is negotiating a €1.5 billion, five-year deal with SpaceX for telecommunications security services, prompting opposition from local companies facing financial challenges and concerns about data sovereignty, despite the government's aim to meet EU broadband goals.

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Industry, Innovation, and Infrastructure

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How does the deal impact local Italian telecommunications companies, and what are the underlying causes of their financial difficulties?

This deal, potentially a five-year contract, addresses Italy's challenges in achieving EU-funded broadband goals and its high national debt (137% of GDP). Local telecom companies, facing financial difficulties and intense competition, oppose the deal, citing concerns about SpaceX's business model and data storage.

spanish.china.org.cn

🌐 85% Global Worthiness

Dec 24, 07:11

China Surpasses 1 Billion 5G Subscriptions, Leading Global Expansion

By November 2024, China achieved 1.002 billion 5G mobile subscriptions, representing 56% of total mobile subscriptions, exceeding initial targets due to extensive infrastructure development (4.2 million 5G base stations) and government initiatives promoting widespread 5G applications across various ...

China Surpasses 1 Billion 5G Subscriptions, Leading Global Expansion

By November 2024, China achieved 1.002 billion 5G mobile subscriptions, representing 56% of total mobile subscriptions, exceeding initial targets due to extensive infrastructure development (4.2 million 5G base stations) and government initiatives promoting widespread 5G applications across various ...

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Industry, Innovation, and Infrastructure

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What is the significance of China reaching 1.002 billion 5G mobile subscriptions by November 2024?

By November 2024, China had reached a milestone of 1.002 billion 5G mobile subscriptions, representing 56 percent of all mobile subscriptions. This significant increase of 9.4 percentage points compared to the end of 2023 is fueled by massive infrastructure development, with approximately 4.2 million 5G base stations deployed.

Showing 25 to 36 of 46 results