Cincinnati is the latest city to lobby Google Fiber to be the next destination for its 1 Gbps fiber to the home (FTTH) service, reports WLWT News 5.Read the full post →
In the UK, a slow broadband connection could drive would-be buyers away from purchasing a new property, reports TechWeek Europe, citing a survey conducted by Rightmove, an online property portal.Read the full post →
Mobile satellite communications services provider Inmarsat has deployed BSS firm CSG International’s billing and mediation tools to manage wholesale channel and reseller billing partners.Read the full post →
AT&T CEO Randall Stephenson reiterated to investors this week how pleased the company is with the cost dynamics for its initial fiber to the home (FTTH) deployment in Austin, Texas, and said it is going to roll the service out in oth…Read the full post →
Verizon is passing the leadership torch in its global wholesale division by promoting Eric Cevis as the unit’s new president. Prior to his new role, he most recently served as the senior vice president of sales for Verizon’s Americas wholesale sales unit.Read the full post →
European operator group VimpelCom has posted a $1.4bn net loss as well as a two per cent decline in revenue for the full year 2013. The operator blamed the impact of regulation, market slowdown and non-cash impairments related to operations in Ukraine and Canada for the poor performance.Read the full post →
Israeli fixed line incumbent Bezeq registered a 7% decline in revenues for the twelve months ended 31 December 2013, as the company endured what its CEO termed ‘a challenging year’. For the period under review Bezeq reported total turnover of ILS9.563 billion (USD2.65 billion), down from ILS10.278 billion in the previous fiscal year. With the company stating that the decline in group revenue was primarily related to lower revenues from its mobile unit Pelephone, it added that this had been offset slightly by an increase in turnover at Bezeq International.
In the fixed line sector Bezeq generated revenues of ILS4.478 billion in 2013, down from ILS4.630 billion a year earlier, with fixed voice service turnover falling to ILS1.97 billion from ILS2.25 billion in 2012, primarily due to a reduction in the average revenue per line. By contrast, internet service revenues expanded by 10.4% to ILS1.29 billion from ILS1.17 billion as customer numbers continued to increase, coupled with an increase in average revenue per subscriber related to broadband speed upgrades. In the wireless arena, meanwhile, revenues in 2013 totalled ILS3.81 billion, down by almost 15% when compared to the ILS4.47 billion in the previous year. Cellular service turnover for the period under review stood at ILS2.81 billion, representing a drop of 13.9% from ILS3.26 billion in 2012, while handset revenues were ILS1.00 billion, down from ILS1.21 billion.
Operating profit in 2013 amounted to ILS2.82 billion, Bezeq reported, down 7.3% year-on-year, while earnings before interest, tax, depreciation and amortisation (EBITDA) totalled ILS4.13 billion (an EBITDA margin of 43.2%) compared with ILS4.48 billion in 2012 (EBITDA margin of 43.6%). Meanwhile, net profit attributable to Bezeq shareholders stood at ILS1.77 billion for FY 2013, down by 4.8% compared to ILS1.86 billion in FY12.
In operational terms, at the end of December 2013 Bezeq’s fixed voice subscriber base stood at 2.216 million, down by 2.3% compared to the 2.268 million it had on its books a year earlier. Broadband accesses by comparison continued to increase, reaching 1.263 million at end-2013, and representing a 8% increase against the same date a year earlier, with average revenue per user (ARPU) rising from ILS80 per month to ILS82 over the same period. Wireless voice subscribers continued to decline in the face of increased competition in the sector, meanwhile, falling to 2.642 million at the end of the reporting period, down from 2.800 million, with ARPU also falling, from ILS89 per month to ILS86.
Commenting on the company’s performance and its future strategy, Bezeq chairman Shaul Elovitch, was cited as saying: ‘2013 was a challenging year for the Bezeq Group, but thanks to our focus on customer needs, innovative investments in infrastructure, and targeted, efficient management across all units, we managed to maintain and even expand our leadership position. Our diverse group operations enable us to better meet increasing competition in each segment. We expect the Minister of Communications to complete the regulatory reform in a fair and balanced manner in the coming period, which will allow continued development of market competition, while removing the barriers and restrictions imposed on the Bezeq Group.’Read the full post →
Malaysian mobile network operator DiGi Telecommunications is said to have set aside MYR900 million (USD276 million) in capital expenditure for the expansion and strengthening of its infrastructure, according to the Sun Daily. Commenting on the company’s investment plans, DiGi chief operating officer Albern Murty was cited as saying: ‘This spend will be invested to increase our high-speed packet access (HSPA) and 3G coverage to 86% of population coverage, growing our LTE footprint up to 1,500 sites, as well as expanding our fibre network.’ Claiming that the amount to be spent represented the largest sum in recent years, the executive was also said to have confirmed that DiGi had spent approximately MYR1.5 billion on the modernisation and expansion of its network over the last two years. Under DiGi’s network transformation plan it was said to have swapped every electronic part in more than 5,500 sites with new equipment, expanded its HSPA and 3G network to more than 80% population coverage, as well as increased its own and jointly built fibre network to more than 3,200km nationwide.Read the full post →
Peter Yatsuk, the head of the Ukrainian telecoms regulator, the National Commission for the State Regulation of Communications and Informatization (NCCIR, or NKRZI), is quoted in an interview as saying the change of government in Ukraine will have the …Read the full post →