Swedish operator group TeliaSonera has announced that its Spanish subsidiary Yoigo will launch LTE services in July. In doing so, it will become the first in Spain to offer 4G services.
This week US operator Verizon reported a net profit of $1.95bn for the first quarter of 2013, a 16 per cent year on year increase compared with the $1.69bn generated in 1Q12. The firm’s first-quarter revenues hit $29.4bn, marking a 4.2 per cent increase on 1Q12.
Nordic mobile operator TeliaSonera claimed on Monday to be the first European telco to launch a shared data package, allowing families or other group customers to connect multiple devices to one subscription and share the data bucket.
Russian operator MegFon began trading today on the London Stock Exchange ahead of its listing on December 3, 2012. The firm raised £1.1bn ($1.7bn) in its IPO, the largest new capital raised by a telecommunications company in London since Orange in 2001, according to the London Stock Exchange.
Lars Nyberg, the president and CEO at Swedish operator group TeliaSonera, has announced that he will be investing $2m of his own money in the initial public offering of shares in Russian operator MegaFon. Nyberg, who is a member of the board of directors of MegaFon, will purchase the shares at the offer price.
Swedish operator group TeliaSonera has implemented a platform to strengthen its M2M offering in the Nordic and Baltic markets. The operator has deployed Swedish vendor Ericsson’s Device Connection Platform which will enable it to deploy and manage large volumes of mobile subscriptions and provide flexibility to its M2M partners and customers.
Swedish operator group TeliaSonera will slash approximately 2,000 jobs, representing seven per cent of its total workforce. The announcement was made as the firm announced its earnings from the quarter ending September 2012, in which it saw net sales decrease 3.2 per cent to SEK 25.8bn ($3.9bn).
CEO of Swedish operator group TeliaSonera Lars Nyberg has been given a vote of confidence from the firm’s board, amid allegations of corruption and bribery. The Committee on Industry and Trade of the Swedish Parliament is currently investigating TeliaSonera’s purchase of a telecom license in Uzbekistan from Gibraltar-based company Takilant, which served as the operator’s local partner when the Nordic telecom firm established operations in 2007.
Håkan Dahlström, TeliaSonera’s president of mobility services, has been ousted from his role. The Nordic operator’s President and CEO Lars Nyberg said in quite a pointed statement that Dahlström’s departure was necessary for the firm to evolve its mobile business.
Nordic systems integrator Cygate, owned by regional carrier TeliaSonera, this week acquired data centre specialist Information Infrastructure Management (IIM) for an undisclosed sum.
International operator TeliaSonera has announced that it is to acquire Alem Communications, a WiMAX operator in Kazakhstan, for $170m. Stockholm-headquartered TeliaSonera, which has an extensive footprint in Eastern Europe, already holds the leading position in the Kazakh cellular market through its local subsidiary Kcell (GSM Kzakhstan).
Operators embarking on network sharing deals are being challenged by cultural and integration problems, according to an industry analyst.
European operators TeliaSonera and Telenor have secured spectrum to roll out LTE services across Denmark through their joint venture.
Mobile operators worldwide should be preparing for an impending surge in traffic over the next several years, with mobile users in 2016 consuming an average of 6.5 times as much video, over eight times as much music and social media, and nearly ten times as much games than in 2011.
Nordic carrier group TeliaSonera’s wholesale division and backbone operator, TeliaSonera International Carrier, has announced that it is building a pan-European managed optical network for Facebook. To provide the social network with connectivity between internet exchange points in multiple European cities and its newest datacentre in Sweden.
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