Telecoms

Comium thanks the Gambian authorities for intervening to resolve Comium conflict, as it welcomes investments from Monty Mobile

Comium, who settled fully its pending license fees (2020 and 2021) before their due date, based on PURA’s request, thanked on Wednesday November 24, 2021 The Gambia’s President his excellency Mr. Adama Barrow, its attorney general and minister of justice honorable Mr. Dawda Jallow, its Minister of information and Communication Infrastructure honorable Mr. Ebrima Sillah […]

Palestine to finally receive 4G rollout, agreement to be settled

Israel has finally agreed to authorize 4G rollout to Palestine, as its latest initiative from the Israeli government to enhance Palestinian daily life. While the country has already deployed 5G networks to its areas, Palestinian citizens have yet to indulge in the 4G rollout experience, as Palestinian telcos are still operating their services with 3G. […]

FCC approves Verizon-Tracfone acquisition, demanding consumer protections

The Federal Communications Commission voted on Monday to approve Verizon’s $6 billion bid for prepaid mobile company Tracfone, which it announced back in September, pending the regulatory approval that finally came this week. “After rigorous review, the Commission found that the transaction, as modified by Verizon’s enforceable commitments, will make Verizon and Tracfone stronger providers […]

Ericsson to buy cloud service company Vonage in $6.2B deal

Swedish telecom equipment maker Ericsson is buying U.S. cloud communications company Vonage in a $6.2 billion deal that will help it expand wireless services for business customers. The acquisition would also give it access to software developers who can build new applications to take advantage of features built into new fifth generation high speed wireless […]

Zain Group’s 5G focus leads to 5% profit growth

Zain Group, accomplished growth in its first three quarters, reaching a 5 percent rise to $450 million, according to the operator’s earnings report. The company highlighted that the noted augmentation in its consolidated net income was essentially derived from the company’s remarkable revenue performance of most of its operations, excluding Zain Iraq, which endured a […]

Thousands of red UK phone boxes to be protected from closure

Thousands of Britain’s iconic red phone boxes will be protected from removal under new rules, the U.K.’s telecommunications regulator said Tuesday. The public payphone boxes may look like obsolete relics in an age of ubiquitous smartphones, but regulator Ofcom said they can still be a “lifeline” for people in need. The regulator is proposing rules […]

UAE’s Etisalat marks a 2 percent rise in Q3, 2021

UAE-based telco, Etisalat, revealed its 2021, third quarter (Q3) financial report, unveiling a 2 percent rise in a fiscal year ending on September 30, reaching $3.62 billion. The group’s consolidated net profit rose to $653.38 million, imprinting a 1 percent increase in a fiscal year, with consolidated revenues reaching $3.62 billion, a 2 percent augmentation […]