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The value of the Foxtel business had a combined AU$1.2 billion wiped from it on Friday morning, following the release of News Corp’s third-quarter earnings. News wiped AU$931 million off its balance sheet as an impairment charge related to “the goodwill and indefinite-lived intangible assets at Foxtel”. Following’s News’ announcement, Telstra followed suit with a […] More
The UK telecoms landscape is getting a refresh: Virgin Media and O2 have announced a joint venture that will create one of the UK’s largest fixed and mobile network services companies. Liberty Global and Telefonica, the respective parent companies of Virgin Media and O2, expect the move to generate £11 billion ($13.60 billion) annual revenue, […] More
StarHub’s businesses, with the exception of its enterprise business arm, have provided weaker results for the first quarter compared to the same period a year ago, resulting in total profit dropping by 14.6% year-on-year to SG$42 million. The Singaporean telco said it expected this decline in revenue and profitability would continue in 2020 due to […] More
Millions of Brazilians are still lacking access to the Internet, according to government figures. Some 45,9 million citizens are digitally excluded and factors include lack of interest, cited by 34,7% of those who remain unconnected. Not having the technical knowledge required to go online was cited by 24.3%. The high price of Internet services was […] More
Special Feature T-Mobile said it is seeing “notable shifts” in how its customers are using its network with tethering, messaging and collaboration top use cases as the company laid out better-than-expected first quarter earnings. The company reported first quarter net income of $951 million, or $1.10 a share, on revenue $11.12 billion, up 0.3% from […] More
Manufacturers around the globe are poised to shift in the next few years from fixed line connections to wireless communications infrastructure that can bring their factories into the digital era. As businesses consider investing in 4G or 5G, they’re largely motivated by the need to improve existing infrastructure, as well as the benefits that could […] More
Telstra block page Image: Telstra Australia’s incumbent telco Telstra announced on Wednesday it has stepped up its DNS filtering capabilities in an effort to fight malware passing through its network. Dubbed Cleaner Pipes, the initiative focuses on blocking command and control communications of botnets, the downloading of remote access trojans, as well as other forms of […] More
Arista Networks published better-than-expected first quarter financial results on Wednesday despite a steep decline in year-over-year revenue. The networking player reported earnings of $138.4 million, or $1.73 a share, on revenue of $523 million, down 12% from a year ago. Non-GAAP earnings were $2.01 a share. Featured stories Wall Street was looking for non-GAAP earnings […] More
