Total Telecom Weekly Newsletter

Total Telecom Weekly Newsletter

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CMA launches investigation into Vodafone–Three merger?

The UK Competition and Markets Authority (CMA) has begun the first phase of its investigation into the proposed merger of mobile network operators Three UK and Vodafone UK.?Prior to the investigation’s launch, the CMA collected pre-notification evidence and information from both companies, as well as early views from stakeholders.?

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Verizon and AT&T release financial results as market spending slackens?

News? The two firms have released their financial results for Q4 of 2023, both of which reflect current market conditions? Verizon have released their annual earnings report, in which total revenue for 2023 stood at $134 billion, a 2.2% year-on-year decrease. Operating profit fell around 25% to $22.9 billion, and net profit decreased by 44% to $12.1 billion.? In Q4, …

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Huawei and Dongfeng sign Chinese EV partnership?

This week, telecoms equipment giant Huawei and Chinese state-owned vehicle manufacture Dongfeng Motor Group have signed a partnership to collaborate on Dongfeng’s Voyah brand of “new energy” vehicles.?Dongfeng is one of China’s ‘Big 4’ car manufacturers, alongside FAW Group, SAIC Motors, and Changan.?

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Submarine cables: A new opportunity for tsunami detection

The thousands of kilometres of fibre deployed beneath the waves could be the key to better understanding our oceans and detecting deadly tsunamis?

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Kyivstar loses $100m due to Russian cyberattack?

Amsterdam-based mobile operator group VEON, which owns the Ukrainian telco Kyivstar, has completed its initial assessment of the financial impact of the Russian cyberattack on their network, estimating compensation for customers will cost almost $100 million.?

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