NEWS

For our visitors who seek the latest industry news and updates to keep up with the goings-on of the business on a global scale, this portal grants a dynamic and diverse feed of news items contemporaneous with the current affairs of the Broadcast Industry.

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African mobile networks operator Helios Towers plans to list in London, the company said on Thursday, after ditching plans for an initial public offering (IPO) last year which was expected to value the company at two billion pounds ($2.47 billion). Helios Towers plans to raise $125 million through the issuance…

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Egypt’s communications ministry will begin work on a 40 billion Egyptian pound ($2.44 billion) telecommunications network in the first phase of a new capital city being built east of Cairo, a cabinet statement said on Wednesday. The communications ministry signed a cooperation agreement with the Administrative Capital for Urban Development…

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Telefonica said on Tuesday it would speed up a plan to make money from its tens of thousands of mobile tower sites and offer an early retirement option and retraining to its unionized Spanish workforce. Europe’s third-biggest telecom company, like many peers, has been struggling to post strong growth in…

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Two of China’s big three state telecommunications companies, China Telecom and China Unicom, on Monday entered an agreement to build a 5G mobile network in a bid to reduce costs. China Telecom had last month said it was ready to join hands with its rivals to build the network. Under…

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Deutsche Telekom said on Thursday its 5G mobile network had gone live in five German cities, timing the launch for maximum impact on the opening day of the IFA consumer electronics fair in Berlin. The German market leader paid 2.2 billion euros ($2.5 billion) for 5G spectrum at a recent…

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ITG Communications, LLC, a national provider of fulfillment, construction and project management services to the cable and telecommunications industries, is pleased to announce it has acquired Broadband Technical Resources, Inc., a highly respected construction and engineering company operating in the South and Southeast, U.S. This acquisition broadens ITG's customer offering…

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AT&T*  and American Tower Corporation signed a new long-term agreement structured for mutual growth through a simplified leasing process and expanded site development services. The new agreement streamlines wireless network deployments on American Tower’s U.S. sites, enhancing AT&T’s deployment of 5G and other next generation technology across the U.S., including…

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Swedish telecoms operator Telia has offered concessions to allow rivals fair access to its TV channels to address EU antitrust concerns about its $957 million bid for Bonnier Broadcasting, an EU document seen by Reuters showed. Telia announced the Bonnier deal in July last year, underlining the telecoms industry’s attempt…

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Ethiopia’s state-run Ethio Telecom plans to install a 4G network in the capital and other regions and to upgrade other network services, it said on Friday, as the government prepares to open up the sector to private foreign investment. In July, Ethiopia announced it would award two telecoms licenses to…

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Telecom gear maker Ericsson will increase production and invest further in its Tczew plant in Poland in preparation for the ramp up of next generation 5G mobile network across Europe, it said in a statement. The firm’s head of Europe and Latin America, Arun Bansal, is scheduled to meet Poland’s…