Financials

State Bank of India: Nobody wants to kill India’s telecoms sector
India’s telecoms sector is struggling under a gargantuan debt pile that is already threatening the very existence of some of the country’s biggest telcos
Huawei becomes the world’s 10th most valuable brand
A new industry report values Huawei’s total business worth at $65 billion
India lowers its expectations for spectrum sales in 2020
A recent ruling by India’s Supreme Court over the way telos calculate their adjusted gross revenues (AGR) has left the country’s telcos with huge levels of debt and no free cash to invest in spectrum
DoT hands lifeline to India’s beleaguered telcos, offering 2 year deferral of spectrum dues
The deal could free up over $5.8 billion for telcos in the short to mid-term
Telefonica Deutschland lands a €450m loan, to help it launch greener 5G
Facilitating finance for 5G and sustainability projects remains one of the European Investment Bank’s top priorities
Nokia posts strong Q4 figures to boost profits for 2019
Earnings per share grew by 15 per cent in Q4 2019
Huawei to sue Verizon over patent infringement in the US
Huawei claims that the US telco has violated 12 of its patents relating to video and security applications
Vodafone reiterates it plea for government aid in India
Vodafone Idea’s share price has plummeted over the course of the last 12 months, taking a particularly sharp hit after the Supreme Court’s recent AGR ruling
Zain sees profits soar on the back of successful digitalisation strategy in Saudi Arabia
Revenues and profits increased at Zain KSA, thanks to the company's commitment to an aggressive digitalisation strategy