OVETEL Blog

Telecom NZ revenues drop 7.7%; net profit reaches NZD1bn after Chorus demerger

Dominic Gray — Fri, 24 Feb 2012 12:00:00 +0000

Telecom New Zealand has announced operating revenues of NZD2.358 billion (USD1.960 billion) for the six months ended 31 December 2011. This figure represents a 7.7% drop from the NZD2.555 billion recorded a year earlier.

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OVETEL Telecom NZ revenues drop 7.7%; net profit reaches NZD1bn after Chorus demerger

Telekom Austria Group FY11 revenues drop 4.2%; ‘severe macro-economic headwinds’ blamed for slump

Marie Ingram — Fri, 24 Feb 2012 12:00:00 +0000

Telekom Austria Group has reported consolidated revenues of EUR4.454 billion (USD3.701 billion) for the twelve months ended 31 December 2011, down 4.2% compared to the EUR4.650 billion generated during 2010. The company blames the slump on ‘severe macro-economic headwinds in most of its major markets, fierce competition and further regulatory cuts of roaming and interconnection tariffs’

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OVETEL Telekom Austria Group FY11 revenues drop 4.2%; ‘severe macro-economic headwinds’ blamed for slump

Slovak Telekom reports 12% profit drop, launches secondary lawsuit against regulator

David Mayer — Fri, 24 Feb 2012 12:00:00 +0000

Slovakian quadruple-play operator Slovak Telekom (ST), part of the Deutsche Telekom group, has posted a 12% year-on-year fall in net income to EUR106 million (USD141 million), on total revenues which dropped 4% to EUR897 million. Mobile revenues of ST’s T-Mobile branded services saw the biggest relative turnover decline, with segment sales decreasing by 6% on the previous year to EUR470 million in 2011, partly affected by regulatory factors, the telco said. Fixed network (T-Com branded) operations were slightly more resilient in revenue terms, contributing EUR461 million in the year, a 0.8% slide.

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OVETEL Slovak Telekom reports 12% profit drop, launches secondary lawsuit against regulator

SOTELMA to launch on BRVM by mid-2012

Marie Ingram — Fri, 24 Feb 2012 12:00:00 +0000

Malian fixed line incumbent Societe des Telecommunications du Mali (SOTELMA) is expected to begin trading on the Abidjan-based West African regional bourse by the end of June 2012, following a share sale to be conducted in April this year, Reuters claims. Jean-Paul Gillet, head of the Bourse Regionale des Valeurs Mobilieres (BRVM), the regional stock exchange serving the west African countries of Benin, Burkina Faso, Guinea Bissau, Cote d’Ivoire, Mali, Niger, Senegal and Togo, said that SOTELMA hopes to raise around XAF100 billion (USD198 million) from the listing, which will see around 20% of the telco sold into public hands, with a further 9% reserved for staff

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OVETEL SOTELMA to launch on BRVM by mid-2012

OTMT says it expects to close MobiNil stake sale in the coming weeks

Marie Ingram — Fri, 24 Feb 2012 12:00:00 +0000

Egypt’s Orascom Telecom Media and Technology Holding (OTMT) has reportedly said that it expects to conclude negotiations with France Telecom-Orange (FT) regarding the sale of most of its shares in Egyptian cellco MobiNil within a few weeks. According to Reuters, with OTMT having previously reached a preliminary agreement with FT last week for all but 5% of its holding in MobiNil – under which the French company would pay EGP202.5 (USD33.4) per share – it is understood that OTMT is now negotiating a put option mechanism for the remaining 5% holding, which would be exercisable between 2015 and 2017.

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OVETEL OTMT says it expects to close MobiNil stake sale in the coming weeks

MITC to drive FTTH rollout

Dominic Gray — Fri, 24 Feb 2012 12:00:00 +0000

Malta’s Ministry of Infrastructure, Transport and Communication (MITC) has called for expressions of interest for the rollout of a fibre-optic network on the island nation, reports the Times of Malta.

Network issues dent VHA’s FY2011 results

Marie Ingram — Fri, 24 Feb 2012 12:00:00 +0000

Vodafone Hutchison Australia (VHA) has revealed that, in the wake of network and customer service issues that affected a number of its customers in late-2010/early-2011, in the twelve-months to end-2011 it saw a 7.3% year-on-year drop in subscribers. At 31 December 2011 the cellco’s wireless subscriber base totalled 7.022 million, down from 7.576 million a year earlier, of which 2.668 million were signed up to handset-based 3G services (up from 2.149 million at end-2010), while a further 819,000 had taken up VHA’s mobile broadband service, down from 855,000

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OVETEL Network issues dent VHA’s FY2011 results

Telefonica net profit slumps as European units feel the effect of financial crisis

David Mayer — Fri, 24 Feb 2012 12:00:00 +0000

With a number of its European subsidiaries reporting a drop in turnover in 2011, in part as a result of the ongoing financial crisis in the eurozone, Spanish telecoms giant Telefonica has revealed that net profit in 2011 almost halved. For the twelve months ended 31 December 2011 Telefonica posted a consolidated net income of EUR5.40 billion (USD7.02 billion), down from the EUR10.18 billion recorded in the company’s previous fiscal year. It did, however, note that its bottom line had been affected by factors both in 2010 and 2011, highlighting firstly the positive net impact it saw in FY2010 from the revaluation of the previously held stake in Brazilian operator Vivo at the date of acquisition of the 50% in Brasilcel owned by Portugal Telecom.

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OVETEL Telefonica net profit slumps as European units feel the effect of financial crisis

PM and PTA chairman defend 3G auction plans, promise transparency and fairness

Dominic Gray — Fri, 24 Feb 2012 12:00:00 +0000

Pakistan’s PM Syed Yusuf Raza Gilani has made assurances that the government will ensure fair competition and transparency in the upcoming auction of 3G concessions in response to accusations that the tender would be ‘anti-competitive.’ The government is planning to auction the defunct Instaphone licence and three 3G authorisations on 27 March and 29 March respectively. If a new entrant purchases the Instaphone licence, they will then be eligible to bid for the 3G licences, though it would not be allowed to launch services until March 2013

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OVETEL PM and PTA chairman defend 3G auction plans, promise transparency and fairness

2100MHz 3G licensing timetable updated

Nathaniel Carter — Fri, 24 Feb 2012 12:00:00 +0000

Thailand’s National Broadcasting & Telecommunications Commission (NBTC) has approved a schedule for auctioning 2100MHz 3G mobile network operating licences later this year. The chairman of the regulator’s telecoms committee, Settapong Malisuwan, confirmed that a bidding auction for the long-awaited frequencies is planned for either September or October 2012, local newspaper The Nation reports. According to the timetable, an open invitation to bidders will be made in June, but firstly NBTC must draft a detailed auction plan, propose the starting price of the licences and hold a public hearing on the plan in March-April.

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OVETEL 2100MHz 3G licensing timetable updated