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In This List

Telia CEO resignation; Cellnex interest in Arqiva unit; US on UK digital tax

COVID-19’s Impact on the Capital Markets: Identifier Issuance for Municipal Securities Sinks, but Corporate Requests Stable

How 37 Years of Default Data Can Prepare Us for the COVID-19 Fallout

How 37 Years of Default Data Can Prepare Us for the COVID-19 Fallout

IoT and AI Aid Critical Event Management to Battle COVID-19, but Deployment could Raise Privacy Concerns


Telia CEO resignation; Cellnex interest in Arqiva unit; US on UK digital tax

TOP NEWS

* Johan Dennelind is stepping down as president and CEO of Telia Co. AB in 2020. Dennelind's contract with Telia requires that he give the board a full 12-month departure notice. The Swedish telecom operator will start the search for a new CEO immediately.

* Spanish towers company Cellnex Telecom SA is among the companies eyeing the mobile towers business of U.K. telecom infrastructure company Arqiva Ltd., London's The Sunday Telegraph reports, citing sources. Arqiva is reportedly considering a break-up of the company that will see its broadcast infrastructure assets separated from its mobile masts.

* The U.S. government has threatened not to seal a free trade deal with the U.K. unless the country scraps a proposed 2% digital services tax on the revenue of companies such as Amazon.com Inc., Alphabet Inc. unit Google LLC, Facebook Inc. and Twitter Inc., London's The Daily Telegraph reports, citing a source. The law mandating the tax is reportedly expected to be enacted in the autumn.

* As the U.S. government's strict trade restrictions on Huawei Technologies Co. Ltd. show signs of easing, the world is still in two minds about the Chinese technology equipment supplier. The Trump administration had earlier tried to pressure governments around the world to adopt its tough stance on Huawei, and this has led to mixed results.

PAN-EUROPEAN

* Google will begin providing search provider options for Android devices shipped to the European Economic Area. These options will appear during the initial device setup and will be applicable to devices where the Google Search App is preinstalled. The move comes after the Alphabet unit's €4.34 billion fine in the European Union in 2018 over antitrust violations.

* Warner Media LLC appointed Giorgio Stock to the newly created role of president, WarnerMedia entertainment networks, distribution and advertising sales for the Europe, Middle East and Africa, and Asia-Pacific regions. Stock was previously president of Turner Broadcasting System Inc.'s EMEA operations. AT&T Inc. owns Warner Media.

UK AND IRELAND

* British Telecom CEO Philip Jansen said the telco is ready to accelerate fiber rollout to fulfill the new U.K. government's plans for countrywide broadband by 2025, eight years ahead of the prior target. However, he urged the government to commit to public funding for the build-out of cables to premises, or full fiber, without "undue bureaucracy and complications."

* BBC Studios Ltd. has combined its various international sales and distribution divisions into a single global distribution group. The British Broadcasting Corp. unit tapped Paul Dempsey to oversee the group in the role of president, global distribution.

* NetEase Inc. reached a partnership with U.K.-based The Creative Assembly Ltd. to publish the Total War game series in China, Technode reports. The partnership covers the entire catalog of the series with the card game "Total War: Elysium" on PC and mobile devices.

* Irish Communications Minister Richard Bruton expects the government to sign in September a roughly €3 billion taxpayer-funded contract for the National Broadband Plan with National Broadband Ireland, an entity backed by investment firm Granahan McCourt Acquisition Corp., Dublin's Irish Independent reports.

* British telecom investor Zegona Communications PLC has declared an interim dividend of 2.5 pence per share, or about £5.5 million. The dividend is expected to be paid to shareholders Sept. 6.

GERMANY, SWITZERLAND AND AUSTRIA

* U.S. investment firm KKR & Co. is close to investing in German digital media company Axel Springer SE, having reached a 19.2% capital share agreement, Reuters reports. KKR will only be investing if it secures approval from shareholders representing a 20% stake in the group.

* Deutsche Telekom AG plans to change its business-to-business telecommunications operations. The company said it would present the suggestions at its next supervisory board meeting. No changes to staff would be made.

* The newly founded media company composed of German media groups Tele München Fernseh GmbH & Co. KG, Universum Film GmbH, i & u TV and Wiedemann & Berg Film has restructured its license trading business division. CEO Fred Kogel will oversee the newly formed licensing division.

FRANCE

* Eurazeo SE is acquiring cloud-based digital supply network Elemica Inc. alongside its management team from Thoma Bravo LLC, in a deal set to be completed in the third quarter. The private equity firm and its affiliates will also invest approximately $250 million into the company, subject to various adjustments.

* French startup Nperf has updated the iOS version of its app, which allows users to measure the quality of their internet connections, Univers Freebox reports. In addition to five additional languages and several bug fixes, the app's updated version now allows access to a 5G map.

NETHERLANDS, BELGIUM and LUXEMBOURG

* SPI International Inc./Filmbox has launched its Timeless Drama Channel in Luxembourg through POST. The Turkish channel, which will be in Turkish and Arabic, will available via set-top boxes and over-the-top devices.

NORDIC COUNTRIES

* Sivers IMA Holding AB has secured a 5G-connected design-in order from its Chinese reseller Matrix Electronic Co. The contract, worth 1.3 million Swedish kronor, includes radio frequency products and is linked to 60-GHz unlicensed 5G in mainland China.

* Tinius Trust has bought 3,575 class B shares in Schibsted ASA. The share purchase was made via Blommenholm Industrier AS, Tinius Trust's affiliate in Norway.

SOUTHERN EUROPE

* Mediaset SpA is continuing to promote closer cooperation with Germany's ProSiebenSat.1 Media SE, Reuters reports.

* Mediapro will live stream events from the Lima 2019 Pan-American Games under an agreement with YouTube, SportsPro reports. The Spanish broadcaster will make the content available to more than 150 countries, except the Americas and Turkey, through its official YouTube channel.

* Telecom Italia SpA will begin offering Sky Ltd.'s Now TV-Ticket Sport offering to its TIMVision subscribers, Digital TV Europe reports. The new offering includes seven Serie A soccer matches, as well as coverage of the UEFA Champions League and UEFA Europa League games.

* Sovereign wealth fund Cassa depositi e prestiti SpA and Enel SpA remain disunited on what they deem as a reasonable valuation for their joint venture Enel Open Fiber SpA, in relation to a potential deal to merge the unit with Telecom Italia, Reuters reports. Enel CEO Francesco Starace is not in a hurry in making a decision, while TIM CEO Luigi Gubitosi said the talks remain in a "very constructive climate," adding such a deal may take time.

* Telecom Italia also announced it has agreed with the expansion contract program of the Italian Ministry of Labour, together with trade unions. Under the agreement, TIM will target to retrain some of its staff and to conduct its recruitment program for the 2019-20 period.

* The Spanish regulator Comisión Nacional de los Mercados y la Competencia has imposed a €3,680.40 fine against Atresmedia for exceeding its airtime on advertisement and teleshopping messages on its Neox TV channel, Broadband TV News reports. The Spanish regulator also slapped a €365,301 fine against Mediaset for a similar offense.

EASTERN EUROPE

* Rostelecom PJSC reported revenues of 80.2 billion Russian rubles for the second quarter; a 4% year-over-year increase.

* TDC A/S has no major security concerns about moving its mobile data monitoring operations to Romania, which it described as a secure and stable location, Berlingske Tidende reports. Denmark's leading state security services have questioned the telco's move.

* Ukraine's National Council has approved the distribution of 24-hour channel Setanta Sports in the country, through StarLightMedia TV Group's digital division, Broadband TV News reports.

* Digi Communications NV has secured a syndicated facility agreement with financial institutions, including ING and UniCredit Bank, that the Romanian company will use for investment purposes, Broadband TV News reports. The fund totals about €150 million, but could increase up to €250 million.

FEATURED NEWS

M&A Replay: Vodafone completes sale of NZ unit; ByteDance acquires UK-based AI music startup: Vodafone completed the NZ$3.4 billion sale of its unit Vodafone New Zealand, while ByteDance acquired Jukedeck, a U.K.-based artificial intelligence music startup.

FEATURED RESEARCH

Consumer Insights: Italy 2019 consumer survey reveals how much Netflix users, nonusers differ: Survey results show that the use of Netflix in Italy has grown steadily over the past four years. The data also highlights the substantial variance between the demographics and behavior of Netflix users and nonusers.

RECENT EARNINGS

Bharti Airtel reports loss due to shift to 4G, Africa IPO: The Indian telco's average revenue per user increased for the second consecutive quarter but overall takings were hit by the switch from 3G to 4G.

Anne Freier, Amanda Kelly and Gerard O'Dwyer contributed to this report.

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