The 5G frenzy is real and it signals the importance that vendors and operators are placing on being considered an early leader and visionary in 5G technology. Although we may still be two to four years (depending on which timeline you believe) from actual commercial service, there's a lot at stake for wireless companies because 5G represents such a dramatic change, not only in technology but also in business models.
TeliaSonera reported results for the fourth quarter of 2015 that analysts described as "very strong indeed", although they said the Sweden-based operator provided somewhat "cautious" guidance on EBITDA for 2016.
TeliaSonera and Ericsson said customers of the Sweden-based operator in Stockholm in Sweden and Tallinn in Estonia will experience 5G services as early as 2018, as the two companies unveiled a new strategic partnership to drive the development of 5G.
TeliaSonera said it would book SEK7.2 billion (€773 million/$844 million) in total non-cash impairment charges for the fourth quarter of 2015, with the bulk related to its operations in Uzbekistan.
TeliaSonera unveiled key management changes this week including the appointment of a COO and the proposal for the election of new members to its board of directors including EE CEO Olaf Swantee.
Telenor president and CEO Sigve Brekke said Asia Pacific remains a key territory for the company and shot down suggestions the operator is looking to sell its Thai subsidiary Total Access Communications (dtac).
TeliaSonera agreed to sell its 60.4 per cent stake in Nepalese operator Ncell to Asian telecoms group Axiata for $1.03 billion (€948 million), marking the first step in the operator's strategy to gradually divest its Eurasian operations.
NetCom, the Norway-based subsidiary of TeliaSonera, said it had reached speeds of up to 1 Gbps in a demonstration together with Chinese vendor Huawei of a new technology called LTE Advanced Pro.
Telenor and TeliaSonera won additional frequencies in the 1800 MHz band in Norway following the completion of an auction that raised almost NOK878 million (€95 million/$103 million).
TeliaSonera said the merger of its Norwegian operations with Tele2 Norway could be judged a success, with almost 300,000 former Tele2 customers electing to become subscribers of its NetCom brand in six months.