Israel’s Partner Communications Q4 profit jumps
11 April 2022
Partner Communications, Israel’s second-largest mobile operator, reported a sharp rise in fourth-quarter profit, boosted by revenue gains in its mobile and internet services while expenses declined.
The company said it earned ILS77m shekels (US$24m) in the October-December period, compared with ILS5m a year earlier.
Revenue rose 6% to 853 million shekels, helped by subscriber growth in its fibre optics network, TV and mobile offerings, as well as demand for its cellular roaming services from tourists after Israel reopened its borders to foreign tourists.
Find out more IP Telecom expands Portuguese fibre network
11 April 2022
IP Telecom has commissioned Nokia to extend its fibre optic network around metro areas in Portugal, with a key emphasis on quantum security.
The Finnish tech firm will supply IP Telecom with networking equipment to build an encrypted optical data centre interconnect (DCI) solution. The network will use 100Gbps and 200Gbps data rates and will apparently be ready to deliver 400GE services in the future.
Nokia says there has been a rise in sophisticated data theft and the line encryption is supposed to protect against unauthorised data tapping in the fibre optic network.
Its kit will provide as part of the deal includes the 1830 Photonic Service Switch (PSS), 1830 Photonic Service Interconnect – Modular (PSI-M) optical transport platforms and the 1830 SMS secure management server.
A1 Bulgaria inks solar deal with Renalfa
11 April 2022
Telecommunication service provider A1 Bulgaria has signed a deal with domestic clean energy investment group Renalfa for solar energy, as well as operations and maintenance services.
The long-term power purchase agreement (PPA) will see a photovoltaic plant in south Bulgaria with a peak capacity of 33 MW set to supply A1 Bulgaria with 20 GWh of electricity per year for the next decade.
Renalfa will also provide the so-called sleeving service to A1 via its subsidiary Toki.bg. Sleeving is the process of transforming the pay-as-produced PV profile of the generation project into the consumption schedule of the telecom through the electricity market. This is the first such agreement on the Bulgarian market.
Find out more MNO Veon finds ‘alternative routes’ to move cash amid Russia sanctions
11 April 2022
Ukraine’s largest mobile network operator (MNO) Veon has “alternative routes to move cash”, after its boss warned that providing full-year guidance would be “irresponsible” in light of Russia’s invasion of its neighbour.
Russia and Ukraine, where Veon operates the Beeline and Kyivstar mobile networks respectively, are the company’s two biggest markets, followed by Pakistan and Kazakhstan.
The Bermuda-registered company, whose Ukrainian mobile network is “completely running” with 4,000 people on ground, according to its chief executive officer Kaan Terzioglu, said it was closely monitoring sanctions imposed on Russia.
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