Vodafone ups FY guidance on stronger profit, better organic revenue in H1

(Telecompaper) The Vodafone Group said revenues for its fiscal first half to end September fell over 4 percent year-on-year to EUR 23.07 billion, mainly due to the deconsolidation of Vodafone Netherlands after the creation of joint-venture VodafoneZiggo, plus forex effects. The operating profit meanwhile rose 32.5 percent to EUR 2.00 billion, showing the company’s actions to improve cost efficiencies. Adjusted EBITDA went 4.2 percent higher to EUR 7.4 billion despite the deconsolidation drag. Net debt at the end of the half fell to EUR 32.05 billion from 37.9 billion the year before. …read more

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Industry Voices—Sachs: The rumors of Google Fiber’s death have been greatly exaggerated

Few stories in tech have been more breathlessly hyped on the way up and gleefully eulogized on the way down than Google Fiber. Since Google announced last fall that it was pausing Google Fiber’s expansion into new markets, Access, the Google subsidiary that houses Google Fiber, has laid off more than 20% of its workforce, faced continued delays in Fiber’s existing markets and gone through three chief executives (or four, depending on how you’re counting). By any traditional yardstick of success, Google Fiber has been a failure. But it may have achieved exactly what Google set out to do: disrupt the U.S. home broadband market. …read more

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XGS-PON plugfest paves the way for 10 Gbps fiber capability for AT&T, CenturyLink

A collection of testing groups and trade associations announced a second XGS-PON “Interoperability Plugfest”—a meeting that helps further pave the way for AT&T, CenturyLink and other telcos to deploy the technology into their fiber networks. The action is noteworthy since XGS-PON promises to enable 10 Gbps speeds over a fiber line while concurrently supporting legacy 2.5 Gbps G-PON services. …read more

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Deutsche Telekom confirms plans to launch own smart speaker in H1 2018

(Telecompaper) Deutsche Telekom has confirmed it’s developing voice control software and its own smart speaker. With the command ‘Hello Magenta’ – referring to the German operator’s marketing colour – users will be able to control Telekom services around the home as well as other connected devices. The smart speaker is planned to launch on the German market in the first half of 2018. …read more

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Namibian telecoms watchdog blocks MTC stake sale to state ahead of postal holding dismantling

(Telecompaper) The Communications Regulatory Authority of Namibia (CRAN) has blocked a plan by the government to buy 34 percent of mobile operator MTC in a deal worth over NAD 3 billion, The Namibian reported. The government already owns 66 percent of MTC through Namibia Post and Telecommunications Holdings (NPTH), while 34 percent belongs to Portugal Telecom. In 2016, the cabinet approved a plan for NPTH to buy Portugal Telecom’s 34 percent shareholding, worth over NAD 3 billion, using money from the Government Institutions Pension Fund (GIPF). …read more

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Vodafone Cameroon ceases operations

(Telecompaper) Afrimax announced that Vodafone Cameroon ceased to operate on 10 November, after it reluctantly concluded that it was no longer commercially viable to resume services in the country. The company, which was licensed to use the Vodafone brand under a licensing agreement with Vodafone Group, was forced to halt its activities on 14 September, after its licence was ruled invalid by the ministry of posts and telecommunications. Afrimax said that Vodafone Group had no equity interest in Afrimax or Vodafone Cameroon. …read more

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Vodacom Group revenue rises 4.5% to ZAR 42 bln in H1

(Telecompaper) Vodacom Group has reported a 4.5 percent increase in revenue to ZAR 42.0 billion in the first half-year ending 30 September compared with ZAR 40.15 billion in the same period in 2016. The group added 4.3 million customers during the first half, 2.9 million in South Africa and 1.4 million in its international operations, to reach just over 71 million customers, up 11.8 percent. Group EBIT decreased 0.2 percent, and the EBIT margin decreased by 1.2 percentage points to 25.8 percent. …read more

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