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Romanian Internet end-users experienced higher average download speeds in H2 2017, 115 Mbps for fixed Internet and 20 Mbps for mobile Internet, according to statistics from telecommunications authority Ancom's app Netograf.ro, according Telecompaper. Fixed Internet download speeds were 5.5 percent higher nationwide and mobile Internet download speeds rose... -
China Unicom reported a strong improvement in results for 2017 and said it would resume dividend payments. The company said the first months of 2018 suggested it was on track for further strong growth in 2018, according Telecompaper. The Chinese operator's net profit roughly tripled last year, to CNY 1.828 billion, and adjusted EBITDA rose 6.1 percent to... -
Telekom Banking announces the launch of the device financing service for residential customers, available in Telekom Romania stores, nation-wide. Thus, anyone interested in buying a telephone along with a Telekom subscription, through Telekom Banking’s offer, can access financing facility with the benefit of 24 equal instalments plan without interest (0%)... -
The cost of mobile data plans in the EU fell in 2017, based on average user profiles. A comparative study by Empirica and TUV Rhineland for the European Commission found prices fell the most for plans with a large amount of data, according Telecompaper. The study is based on the OECD average user profiles. For the lowest combination of 250 MB and 30 calls... -
The Finnish state investment fund Solidium has acquired a 3.3 percent stake in Nokia for approximately EUR 844 million. The fund said it used proceeds from selling its stake in Telia earlier this year in order to invest in Nokia, which is based on Finland, according Telecompaper. Following the share purchases early this year, the Nokia stake represents... -
Telekom brings in Romania Telekom Electronic Beats (TEB), one of the most expressive and dynamic electronic music projects in Europe, and gives the beat to the best parties in town. „We first liberated the Internet, then the banking, now its music’s turn. We want to liberate emotions and feelings, and, nonetheless, an attitude. Telekom Electronic Beats... -
Dropbox has set a preliminary price range for its initial public offering of shares, meaning net proceeds of around USD 530 million for the cloud storage company. The proceeds include USD 100 million from a concurrent private placement of shares at the same price as the IPO to Salesforce, according Telecompaper. In a filing with the SEC, Dropbox said it... -
The worldwide server market continued to grow through 2017 as worldwide server revenue increased 25.7 percent in the fourth quarter of 2017 to USD 18.6 billion and shipments grew 8.8 percent year over year, according to data from Gartner. In all of 2017, worldwide server shipments grew 3.1 percent and server revenue increased 10.4 percent compared with... -
Finnish communications regulator Ficora said that in the second half of 2017, average consumption of data on the mobile network was almost 26 GB per Finn, according Telecompaper. For mobile subscriptions, usage averaged out at 10 GB and for mobile broadband subscriptions, it was almost 37 GB. The total number of mobile subscriptions remained almost... -
Telekom Romania is offering customers invoice discounts and additional prepaid credit to compensate for an interruption of service from 5 March. Further benefits for both residential and business customers were also promised by the operator. Telekom mobile customers encountered difficulties in making calls and using mobile data traffic on 5 March due to...
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