Rising demand for 5G connectivity sees Ericsson ramp up US-based R&D

Ericsson logo
14 August, 2018

Ericsson plans to boost investment in the US – its largest market – as the Swedish telecoms equipment manufacturer looks to increasing 5G budgets to fuel its turnaround. The move will allow Ericsson to operate closer to its wireless carrier customers, especially as Chinese rivals Huawei and ZTE remain entangled in a politically volatile trade environment. With rapidly approaching...

Read more

Global race to lead 5G in focus as China Tower raises US$6.9bn in IPO

China Tower logo
9 August, 2018

China Tower’s long-awaited debut on the Hong Kong Stock Exchange reflected escalating trade tensions between the US and China amid a rapidly changing infrastructure landscape. The offering netted US$6.9bn, valuing the world’s largest tower company at nearly US$28bn – the largest IPO since Postal Savings Bank of China, which raised $7.4bn in 2016. The deal priced at HK$1.26 per share, the bottom end of its targeted range, as ongoing uncertainty in... 

Read more

Increasing focus on working capital in the telecom industry | Special Report

8 August, 2018

Communication companies display the lowest ratio of working capital to sales across sectors and have one of the highest capital expenditures ratio. Their working capital efficiency is used to support the funding of their capital expenditures and as the latter is increasing due to growing demand for network infrastructure, increasing data consumption and rapid technological innovation, we observe that initiatives aiming at...

Read more

Incremental improvements in outlook spur Intelsat bond refinancing

6 August, 2018

Intelsat’s notes redemption and new offering at a lower rate are the latest financing moves aimed at reducing its US$14.2bn debt mountain, as some see an improving outlook for company amid plans for C-band monetisation. Meantime, one prediction suggests that Intelsat and SES could each get…

Read more