Russia’s four main telecom groups had varying levels of financial success in 2020. All operators suffered to some degree from the knock-on effects of the COVID-19 pandemic, but some fared better than others.
Figures from TeleGeography’s GlobalComms Database show that the global wireless subscriber total has passed 8 billion. User numbers were up 1% in 2020, ending the year at 8.05 billion.
The cellular market showed year-on-year growth despite the negative economic effects of the COVID-19 pandemic, which contributed to downturns in user take-up in a number of countries.
TeleGeography’s daily CommsUpdate newsletter has featured a staggering 76,000 telecom stories since making its debut back in December 2002!
As a tumultuous year draws to a close, we’re looking back at the telecom stories that captured our readers’ attention during 2020. From shareholder shenanigans to mega-mergers, from tax disputes to 5G launches, the CommsUpdate team left no stone unturned in their quest to bring you the biggest daily news stories.
The Brazilian telecom sector is a hotbed of deal-making activity in 2020. And regional consolidation is a theme.
While industry observers are focused on the high-profile auction of Oi’s mobile assets—which is scheduled to take place on December 14—a series of broadband-centric deals have taken place under the radar.
Today, we explore the companies who are pulling the strings.
Altice USA recently saw its shocking takeover bid for Canada’s Cogeco rejected by the latter’s controlling shareholders, the Audet Family.
The unusually-structured deal would have seen U.S. cable player Altice retain Cogeco’s U.S. business, Atlantic Broadband. However, it would sell the company’s Canadian assets to Rogers Communications, which came as a surprise to industry observers in both markets.
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