Sequans completes share buyback programme and launches another
GLOBAL 19 DEC

Sequans completes share buyback programme and launches another

Sequans announced the completion of its share buyback programme and has launched another repurchase scheme, having bought back over 1.5 million NYSE-listed American Depositary Shares (ADS) at an average price of USD 6.17, including fees and commissions. Following the repurchases, the French cellular IoT module and chipsets vendor has around 14.5 million shares outstanding, down 9.7 percent from previously. The figure rises to 15.5 million depositary shares if factoring in certain warrants issued by Sequans

DHH completes EUR 8 mln capital hike
ITALY 19 DEC

DHH completes EUR 8 mln capital hike

Milan-based data centre services provider DHH International said it has successfully completed an accelerated bookbuilding procedure involving a total of 354,916 shares, of which 324,916 were newly issued, for a total value of EUR 8.16 million. The price incorporates a premium of around 11 percent compared to the weighted average of the official prices recorded in the 30 days prior to the start date of the procedure.

EU SNS-JU allocates EUR 240 million for 2026-2027 research projects
EUROPE 19 DEC

EU SNS-JU allocates EUR 240 million for 2026-2027 research projects

The EU's Smart Networks and Services joint undertaking (SNS JU) has announced its two-year work programme for 2026-2027, including USD 240 million for research and innovation activities. About EUR 22 million will invested in five projects through its Research & Innovation Work Programme for 2026, with a further EUR 220 million distributed before end-2026 for the final cohort of R&I Work Programme projects, set for delivery in the following year. Next year's R&I slate will act as a bridge between previous wo

Colt Belgium
BELGIUM 18 DEC

Colt Belgium

This company profile analyses Colt Technology Services, focusing on the company's operations in Belgium. The report contains information on Colt's current position and strategy, discusses the company's latest financial figures and gives an overview of its current network. The report provides details of the product portfolio of Colt and looks at the market in which Colt operates as well as its competitors. Furthermore, the profile reports on Colt's marketing activities, including its customer strategy. Lastly the profile contains Telecompaper's SWOT analysis of Colt

Brazil Senate approves USD 100 million IDB loan for broadband rollout
BRAZIL 18 DEC

Brazil Senate approves USD 100 million IDB loan for broadband rollout

The Brazilian Senate has approved a USD 100 million (BRL 550 million) loan from the Inter-American Development Bank (IDB) for the Ministry of Communications. This funding aims to extend broadband connectivity to municipalities with populations of up to 30,000, potentially benefiting 2.5 million people. The funds will establish a guarantee mechanism to help small ISPs access credit lines needed to expand broadband infrastructure, particularly in remote and hard-to-reach areas like riverside communities, indi

RT-One secures BRL 15 billion for Brazilian data centre investment
BRAZIL 18 DEC

RT-One secures BRL 15 billion for Brazilian data centre investment

American tech multinational RT-One has secured BRL 15 billion in Brazil to construct data centres focused on AI, with plans to create the largest such facilities in Latin America, reported Folha de São Paulo. The initial launch is slated for 2026. RT-One has already broken ground on a mega-campus in Uberlândia (Minas Gerais), initially contracting 100 MW of power. They also have an agreement with Maringá (Parana) for a second 100 MW data centre and are assessing a third potential location. The funding round

Telefonica confirms plans to delist shares from NYSE
SPAIN 18 DEC

Telefonica confirms plans to delist shares from NYSE

Telefonica said it intends to delist its American Depositary Shares (ADS) from the New York Stock Exchange after nearly 40 years of trading, confirming earlier reports. The decision to voluntarily delist from the NYSE and deregister with the Securities and Exchange Commission (SEC) responds to the 2026-30 "Transform & Grow" strategic plan presented last month, which seeks to simplify the group's operating model and structure to generate a gross impact of up to EUR 3 billion in savings by 2030.

Fitch upgrades Omantel rating to 'BBB-' with stable outlook
OMAN 18 DEC

Fitch upgrades Omantel rating to 'BBB-' with stable outlook

Omantel has announced that Fitch Ratings has upgraded its Long-Term Issuer Default Rating (IDR) to 'BBB-' with a stable outlook. The upgrade follows Fitch's decision to raise Oman's Long-Term Foreign-Currency IDR to 'BBB-' with a stable outlook on 08 December. It reflects Omantel's strong financial fundamentals, strategic importance to the national economy, and its expanding role as a regional technology enabler. Fitch referred to the company's resilience, operational excellence and disciplined execution of

Cambium Networks updates on Nasdaq non-compliance, has satisfied bid price policy
GLOBAL 18 DEC

Cambium Networks updates on Nasdaq non-compliance, has satisfied bid price policy

Cambium Networks has achieved partial compliance with Nasdaq's listing rules after meeting the criterion for its minimum bid price policy.  According to the company, Nasdaq's Hearings Panel has issued a partial compliance letter confirming that Cambium no longer faces an active breach of its Minimum Bid Price Rule, but is still in violation of its Periodic Filing rule. In August, the US networking vendor received a delinquency notice putting its Nasdaq listing at risk. The firm is still to file its fiscal 2

Magyar Telekom secures additional funding for fibre rollout
HUNGARY 18 DEC

Magyar Telekom secures additional funding for fibre rollout

Hungary's Magyar Telekom has been awarded an additional HUF 6.82 billion in subsidies through the Gigabit Hungary Program, allowing the company to extend its gigabit fixed network to approximately 38,000 additional access points that currently lack fibre coverage. These awards are part of a larger initiative by the Hungarian state announced in July to expand fibre networks to areas without access, aiming to cover around 600,000 access points across 174 districts in Hungary (excluding Budapest) using EU fund

Clavister repays EIB loan in full
EUROPE 18 DEC

Clavister repays EIB loan in full

Swedish cybersecurity company Clavister said it has fully repaid its outstanding loan from the European Investment Bank (EIB), including accrued interest and related warrants. The repayment was enabled by a recent directed share issue and a new SEK 100 million loan facility from Swedbank. It will strengthen its balance sheet, reduce financial risk, cut interest payments and improve strategic flexibility.

Currys interim group revenue jumps 8 percent to GBP 4.23 billion
UNITED KINGDOM 18 DEC

Currys interim group revenue jumps 8 percent to GBP 4.23 billion

UK tech and electricals retailer Currys has reported group revenue of GBP 4.23 billion for the half-year ending 01 November 2025, up 8 percent year-on-year, driven by a 4 percent jump in LFL revenue. Group adjusted EBIT was up GBP 13 million year-on-year to GBP 54 million, with reported EBIT up GBP 14 million to GBP 43 million. Group adjusted profit before was was GBP 22 million, up 144 percent year-on-year; with group free cash flow up 68 percent to GBP 84 million. 

ARMENIA 18 DEC

Ucom revenues up 7% in Q3

Armenian operator Ucom announced that its revenues grew by 7.3 percent year-on-year in the third quarter. The operator did not specify the exact figure. EBITDA totaled AMD 13.8 billion for the period January to September of this year. The company's EBITDA margin for the same period was 46 percent.

GLOBAL 18 DEC

Aferian expects FY sales in line with projections, up 20%

B2B video technology vendor Aferian said in a trading update it anticipates a full-year turnover of USD 31.5 million for its fiscal 2025 period ended 30 November. This would represent a 20 percent lift from FY24, in line with its forecast, and is driven by strong sales in its Amino business, including higher pay TV order volumes from existing clients and new deployments in the enterprise and digital signage categories, as well as a slight increase in advance orders for FY26. The firm's 24i segment has exper

MEXICO 18 DEC

Total Play rating upgraded to B, with stable outlook

Mexican triple-play operator Total Play (Grupo Salinas) said international credit rating agency Fitch has upgraded the company's rating to 'B' from 'B-negative' with a stable outlook. Fitch has also raised the rating of Total Play's Senior Secured Notes to 'B' with a recovery rating of 'RR4' from 'B-'/'RR4' and the rating of its Senior Unsecured Notes to 'CCC+'/RR6 from 'CCC/RR6'.

LATVIA 18 DEC

Tet gets EUR 8 mln bank loan for data centre build

Latvian operator Tet has received a EUR 8.151 million loan from the OC Corporate Bank. The funding will support the construction of the Tier-3 data centre DC7 of the operator in the town of Salaspils, Tet said. The total investment in the project is EUR 27 million.

ZAMBIA 18 DEC

Airtel Zambia launches USD 107 mln scheme to deploy 406 new sites

Airtel Zambia has launched a USD 107 million nationwide network expansion, the largest single-year infrastructure investment by the company, to strengthen coverage, improve service reliability and enhance customer service. It will deploy 406 new network sites altogether, of which 121 are already live and the other 285 due for completion by March 2026. The roll-out combines new coverage areas, capacity expansion in high-demand zones and network resilience enhancements.

GLOBAL 18 DEC

SES credit rating downgraded at Moody's on concerns over operating performance

Moody's Investors Service has downgraded the senior debt ratings of satellite operator SES from Baa3 to Ba1, assigning a stable outlook. The agency also issued a Ba2 baseline credit assessment and a Ba1-PD probability of default rating. The downgrade from Baa3 follows the release of SES' financial results for the nine months to September. Moody's noted that pro-forma operating performance (assuming full consolidation of Intelsat) was materially weaker than expected, and is likely to remain subdued in the fo

NETHERLANDS 18 DEC

Paul Naastepad named CEO of Open Dutch Fiber

Eurofiber Netherlands CEO Paul Naastepad is moving to Open Dutch Fiber (ODF) as CEO. His departure from Eurofiber after seven years was announced a month ago, and ODF has confirmed the new position from January. At ODF Naastepad replaces Stephan Zimmermann as the wholesale FTTH operator looks to enter a new period of filling its network after the initial build. At the same time ODF announced it has secured new credit facilities to support the business. 

GLOBAL 18 DEC

Micron more than doubles quarterly profits on surge in memory chip sales

Memory chip maker Micron Technology reported better-than-expected results for its fiscal first quarter to November. Revenues jumped nearly 57 percent year-on-year to USD 13.6 billion, exceeding the company's guidance of USD 12.2-12.8 billion. The gross margin rose to 56.0 percent from 44.7 percent in the previous quarter and 38.4 percent a year ago, and net profit more than doubled year-on-year, to USD 5.2 billion from USD 1.9 billion.

PHILIPPINES 18 DEC

Globe Telecom cuts PHP 125 million in energy costs through AI deployment

Philippines operator Globe Telecom reports it has integrated AI and machine learning capabilities to optimize energy consumption across its network and physical facilities. By embedding these technologies into its operations, the company reports it can adjust power usage at the cell site level in real time. Through AI deployment across 20,000 network elements, Globe says it saved 11.3 million kWh of electricity in 2024, resulting in PHP 125 million in cost savings.

BRAZIL 17 DEC

Brazil to provide up to USD 500 million funding for TV 3.0

Brazil's External Financing Commission (Cofiex) has approved a request from the Ministry of Communications to secure up to USD 500 million (BRL 2.7 billion) in financing for the implementation of TV 3.0. The financing, to be structured with the Inter-American Development Bank (IDB) and the International Bank for Reconstruction and Development (IBRD), will allow broadcasters to begin the transition to a new digital television standard, DTV+.

BRAZIL 17 DEC

Brisanet surpasses 800,000 active mobile SIMs

Brazilian regional operator Brisanet reached over 800,000 active mobile SIM cards in November, after adding 51,517 new connections that month. This brings the total mobile base to 813,654, a 174 percent increase year-over-year. The company's mobile coverage now extends to 298 municipalities, reaching an estimated 14.68 million people, which is a 47.1 percent increase in covered population compared to November 2024.

SWITZERLAND 17 DEC

Swiss sovereign smartphone OS startup Soverli banks USD 2.6 million

Soverli, a Swiss company commercialising a sovereign smartphone OS layer compatible with Android and iOS, announced an equity investment worth USD 2.6 million. The pre-seed round of funding is backed by ETH Zurich Foundation, Venture Kick, and Founderful, which led the transaction, along with unnamed individual investors specialised in cybersecurity. Soverli aims to deliver a technology enabling a fully sovereign, customisable, and auditable OS to run in parallel with Android or iOS from a single smartphone

Just In

19 DEC 16:42

SLT-Mobitel launches 5G network in Sri Lanka

19 DEC 16:19

Dialog Axiata launches 5G network, connects 1.5 million subscribers

19 DEC 15:56

UK govt to ban AI-enabled nudification apps to protect women, girls

19 DEC 15:42

3 UK launches last-minute Christmas sale

Commentary

13:56

Video market set for slower growth ahead

11:38

Netflix buys Warner Bros to deepen content catalogue

11:11

KPN's mixed performance in Q3 raises questions for strategy day

15:26

Stock markets breaking records but what happened to Odido's IPO plans?

Background

01:04

The week in telecom: Wi-Fi bolt-ons take off to boost broadband growth, video market works on consolidation

01:39

The week in telecom: Netflix wins bidding for Warner Bros, Apple poaches new execs, Samsung debuts trifold

13:51

Proximus vs. Telenet: Proximus performs better in Q3 while Telenet uses up cash

14:16

Proximus Domestic still struggling with low margins