The New York Stock Exchange (NYSE) has started the process of delisting China’s three major mobile operators following a US executive order. The listings are largely symbolic given that shares in all three are also traded on the Hong Kong Stock Exchange and US firms are only believed to have small stakes.
However, the move has angered Beijing, which has once again accused Washington of acting politically rather than in national security interests.
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UK broadband usage doubled in 2020
UK broadband use more than doubled in 2020 as the impact of the coronavirus pandemic accelerated long-term trends of rising consumption.
Openreach says its network transmitted more than 50,000 petabytes (PB) over the past 12 months compared to the 22,000 PB generated in 2019. The daily record was broken 15 times over the past year and the average fibre household consumed 3,000 GB – or 9GB every single day.
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NYSE reverses plans to delist Chinese mobile operators
The New York Stock Exchange (NYSE) has abandoned plans to delist China’s three major mobile operators.
“In light of further consultation with relevant regulatory authorities … the [NYSE] announced today that [it] no longer intends to move forward with the delisting action,” it said.
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UK mobile operators urged to remove data costs for online learning
Mollenkopf will step down in June after 26 years with the company, first as an engineer and latterly as CEO since March 2014.
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Jeremy Darroch steps down as Sky CEO
Long-serving Sky CEO Jeremy Darroch is leaving Sky after 13 years and will be replaced by Dana Strong, president of consumer services at Comcast Cable.
Comcast is Sky’s parent company having won a £30 billion bidding war for the company back in 2018.
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Ericsson names BT exec as new UK & Ireland CEO
Katherine Ainley is to join Ericsson as its new UK & Ireland CEO from February. Ainley has been at BT since 2007 and was most recently Managing Director of Ventures in Enterprise. She will lead Ericsson’s ambitions to accelerate 5G deployment and upgrade 20,000 networks sites in the UK by 2024.
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Daisy Group Demerges DWS
The Daisy Group will demerge its channel business Digital Wholesale Solutions (DWS) following an investment from private equity firm Inflexion.
Inflexion is said to have acquired a “significant” minority stake in DWS that values the business at £1 billion and the demerger is viewed as the final step in the division of the two companies.
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Vodafone adds UK to its European tower company
Vodafone and O2 have agreed a deal to commercialise their shared mobile infrastructure in the UK, with the former’s Vantage Towers subsidiary adding the towers to its European portfolio.
The Newbury-based operator spun off its European tower assets into a separate entity in 2019, with the intention of providing infrastructure services to third parties and attracting outside investment. This arrangement excluded the UK, where Vodafone has shared mobile towers with O2 since 2012.
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BT sets up new digital unit to help push transformation
BT says a new digital unit and a reshuffle of its technology management team will accelerate its own transformation and allow for the creation of innovative and data-driven products, platforms, and services.
The ‘BT Digital’ unit will be headed up by former Bharti Airtel Group CIO Harmeen Mehta, who will report to CEO Philip Jansen as Chief Digital and Innovation Officer. Howard Watson will continue to focus on network innovation as CTO but Chief Strategy and Transformation Officer Mike Sherman is leaving after three years.
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Telefonica sells European and Latin American tower assets
The €7.7 billion sale of its Telxius subsidiary includes 30,772 masts across Argentina, Brazil, Chile, Germany, Peru and Spain but not the UK where O2’s masts are shared with O2 as part of the Cornerstone joint-venture.
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EE casts doubt on rivals 'exaggerated' 5G coverage claims
EE CEO Marc Allera has suggested its UK rivals make exaggerated claims about their 5G services - to the detriment of consumers.
Most analysis suggests EE offers the greatest availability and speeds of any 5G operator at present. But the lack of a standardised system of testing means other operators are free to be selective about what criteria they claim to have the ‘best’ coverage or service.
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BlackBerry sells smartphone patents to Huawei
BlackBerry has sold 90 patents related to smartphone technology to Huawei as part of the Canadian firm’s ongoing retreat from the mobile phone business.
Some patents reflect key innovations developed by the company during its heyday such as the presentation of text and images on devices depending on its physical orientation and the geotagging of photos.
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Virgin Media launches smartphone trade-in scheme
Virgin Media has become the latest operator to offer customers the opportunity to trade-in their existing smartphone in exchange for money off a brand-new handset.
The company has tried to make the process as simple as possible, partnering with Brightstar. Any subscriber to a ‘Freestyle’ tariff that separates handset and airtime costs and apply for an upgrade, provided they agree to sign a new 24-month or 36-month contract.
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BT faces £600m lawsuit for 'overcharging' landline-only customers
BT plans to “vigorously defend” itself against a class-action lawsuit that alleges the company didn’t adequately compensate customers who were overcharged for landline services over an eight-year period.
In response to the findings of an Ofcom investigation in 2017, BT reduced prices by £7 a month. However, telecoms consultant Justin Le Patourel and founder of the Collective Action on Landlines (CALL) believes this remedy wasn’t sufficient.
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US firms see Huawei licences 'revoked'
Donald Trump’s campaign against Huawei has seemingly continued into his administration’s final days. Reports suggest licences that allow US companies to work with the Chinese vendor have been revoked, while pending applications have been denied.
Huawei has been on the US ‘non-entity’ list since 2019, a status that prevents US companies from doing business with it without a licence. This has limited its access to key technologies such as Google applications and US-manufactured components.
By working together, the four groups hope to stimulate the market and also encourage support from European governments and the EU. Specifically, they want governments to help fund developments R&D and testing and to incentivise supply chain diversity by lowering the barriers to entry.
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EE is best performing UK 5G operator once again
RootMetrics once again found EE to be the best-performing network across 16 major cities, with the BT-owned operator coming out on top in every single benchmark tested.
It was the outright winner of overall, reliability, texts, speed, data, and calls and shared the accessibility award with Vodafone. Vodafone itself solidified its number two position, ahead of Three and O2.
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Comms 365 offers IoT Connectivity as a Service
Comms 365 is launching a dedicated IoT portfolio, that combines NB-IoT, LTE-M, LoRaWAN, SigFox, 4G, 5G. The company says it is the first UK to do this, and believes IoT-CaaS will address market demand for enterprise connectivity.
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Deutsche Telekom and Cellnex combine towers in Netherlands
Deutsche Telekom has become the latest European operator to monetise its passive infrastructure by teaming up with Cellnex. The German telco has transferred its Dutch tower business to a new entity for a €250 million payment and 38% stake. Cellnex has committed €200 million in capital to the venture and will command 62%.
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CMA voices concerns over O2-Virgin Media merger
The UK Commissions and Markets Authority (CMA) has expressed its concern that prices could rise as a result of reduced competition the proposed £31 billion joint-venture between Virgin Media and O2.
Specifically, the CMA is concerned about the combined entity’s impact on the wholesale market. O2’s mobile network is used to power services provided by a number of Mobile Virtual Network Operators (MVNOs), including Sky Mobile. Meanwhile Virgin Media is the second largest provider of backhaul services to mobile operators after Openreach.
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Virgin Media launches 5G
Virgin Media has launched its 5G mobile service, using Vodafone’s network to deliver average speeds of 176.2Mbps – four and a half times the bitrates delivered by the former’s 4G offering - in 100 towns and cities across the UK.
The cable giant won’t charge customers a premium to access 5G and is making the service available on a range of pay-monthly and SIM-Only plans.
Regulator Ofcom confirmed EE, O2, Three and Vodafone as qualified bidders earlier this month but warned another Covid-related delay was possible. The auction had been planned for Spring 2020 but this was pushed back to January due to the pandemic.
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Three to complete HQ move from Maidenhead to Reading
Three is to move its central office to Reading, combining its two Thames Valley offices into a single location. The 117,000 square foot building is still under construction but should be ready by Q3 2021and employees will be encouraged to work flexibly. The operator had been based in nearby Maidenhead since its inception.
