Telefonica secures $1bn export credit facility from Ericsson
Spanish operator group Telefonica has secured a $1bn export credit facility to purchase equipment from Swedish infrastructure vendor Ericsson over the next 10 years.
UK incumbent BT has signed a ten year deal with mobile operator O2 to support its launch of 4G LTE services. BT will build a high capacity transmission network for the Telefónica subsidiary as O2’s roll out of 4G services later this year is expected to place even greater pressure on its network.
The UK arm of Spanish operator Telefónica O2, has introduced a tariff that allows customers to buy a new handset while tied in to a contract, without having to pay additional costs.
Spanish operator group Telefonica has secured a $1bn export credit facility to purchase equipment from Swedish infrastructure vendor Ericsson over the next 10 years.
UK 4G spectrum licence winners BT and Vodafone have paid an additional fee to UK regulator Ofcom for preferred spectrum in the regulator’s final ‘assignment’ stage of the nation’s 4G auction. The final stage determines where each bidder’s holdings will sit in the radio spectrum.
The UK’s four mobile network operators have secured 4G spectrum, along with BT subsidiary Niche Spectrum Ventures.However, much of the discussion following regulator Ofcom’s announcement was around the revenue generated for the public purse. Just £2.34bn was raised; Chancellor George Osborne had hoped to secure £3.5bn from the auction.
The UK’s four mobile network operators and a subsidiary of fixed line incumbent BT have won LTE spectrum, regulator Ofcom has announced. But bidding was cautious, with the auction raising £2.34bn; £1bn less than the UK Treasury had hoped.
UK operator Vodafone has added its opted-in subscribers to advertising and commerce joint venture Weve, joining rivals EE and O2. With the addition of one million Vodafone subscriber details, Weve now has a database of more than 15 million UK subscribers.
Telefónica’s venture capital team has made its first investment in a start-up since launching its European talent incubator Wayra back in March 2012. The recipient of the six figure sum is Taskhub, an online marketplace for tasks and small jobs.
UK operator O2, part of the Telefónica group, has selected Nokia Siemens Networks (NSN) to prepare its network to deliver LTE services across London and the South East of England. The operator is preparing to launch its 4G services soon after the UK’s spectrum auction in early 2013.
Seven firms have qualified to bid in the UK’s 4G spectrum auction, including three new entrants. Joining EE, 3UK, O2 and Vodafone are HKT – a subsidiary of PCCW; MLL Telecom; and Niche Spectrum Ventures – a subsidiary of BT.
Spanish operator group Telefónica has seen its revenue from Latin America overtake the revenue generated in Europe for the first time in its history. In its earnings announcement for the first three quarters of the year, the group said that sales in Latin America grew 5.9 per cent and now represent 49 per cent of the company’s total turnover.
The UK is a nation from where great innovators such as Isaac Newton, Isambard Brunel, John Logie Baird, Alexander Graham Bell, James Dyson and Tim Berners-Lee have all hailed. Yet despite even the inventor of the World Wide Web coming from these shores, the UK is a nation at risk of being left behind in today’s digital age.
The m -commerce joint venture between UK operators Everything Everywhere, O2 and Vodafone; Weve (formerly Project Oscar)is going down the outsourcing route to grow quickly. The JV will outsource HR, payroll and recruitment functions to HR outsourcing specialist plusHR.
An SMS sent out to O2UK subscribers this week indicates that the cost of making and receiving calls outside of the EU is set to rise dramatically. In some cases international call charges to the firm’s end users will more than double by the end of November.
The UK’s four mobile network operators have formed a company to speed up the deployment of the 800MHz frequency band vacated by the Digital Switchover. Regulator Ofcom announced early October that the spectrum, which will be used to roll out LTE services will be made usable earlier than planned, following peace talks between the UK government, the nation’s operators and the telecommunications regulator Ofcom.