Telstra’s new CEO adds $485M to mobile capex budget

Telstra’s new CEO, Andrew Penn, said in his first speech that the country’s mobile leader will invest an additional AUD500 million ($485 million) in its mobile network, bringing its planned mobile investment to more than $5 billion over the next …

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TSMC cuts capex by $1B, sees slowdown

Taiwan Semiconductor Manufacturing Co (TSMC) announced it will cut its capex budget this year by $1 billion due to falling demand for smartphone chips. The news comes just a day after the chipmaker reported its net profit in Q1 fell …

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New business models needed to justify 5G capex

Mobile operators’ business models need to evolve to address the changing capex environment, which has become more challenging over the last decade, said Hatem Bamatraf, Etisalat group CTO, at Mobile World Congress this week. The key question, he said, is “how are …

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Telkom Indonesia to drive government’s broadband initiative

Telkom Indonesia plans to allocate the majority of its capex budget next year to pushing the government’s five-year Indonesia Digital Network, which was announced in October. The IDR278 trillion ($22.1 billion) public-private initiative aims to give the majority of Indonesians …

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NFV, IoT could save the day as OTTs cost operators $14bn – report

According to a report published by Juniper Research operators are set to lose $14 billion worth of voice and messaging traffic to OTTs such as WhatsApp, Facebook and Skype in 2014 alone. The report claimed operators in many markets, including the UK, Italy and Spain, have seen 60% decrease in mobile voice revenues in five […]