Summary of international coronavirus-related telecoms and media news - week 16

Nieuws Algemeen Wereld 19 APR 2020
Summary of international coronavirus-related telecoms and media news - week 16

We have seen similar trends in the past week 16 as in the period since mid-February. Telecom traffic and media consumption are up dramatically, but there isn't just good news for the TMT sector - far from it. Live events are scrapped, shops are closed, costs are on the rise and the advertising market is imploding. As a result, share prices are down and relief funds are created to provide for the livelihood of all those affected, especially in the realms of sports, arts and entertainment.

Still, some segments of the stock market are doing particularly well, including infrastructure shares in the telecom sector and VoD stocks in the media industry. Also, there is increasing talk of ending the global lockdown to restart the economy. The global stock markets in week 16 already reflected some optimism in this respect.

In this article we once more provide an overview of the most important events in the past week in telecoms and media.

Telecom traffic: still up dramatically, but networks are coping

Media events: not just cancellations

Media supply and demand: more free content

Telecom impact: layoffs and a dividend cut

Media impact: pay cuts and rights payments defaults

Metadata: Apple, Google, others developing apps

Telecom relief funds: support for health workers

Media relief funds: support for employees and their families

Categories:

Algemeen

Companies:

AT&T,  Orange,  Apple,  ESPN,  Euskaltel,  Telecable,  Turkcell,  MTN,  Amazon,  AMC,  Canal Plus,  DNA,  ITV,  Melita,  Netflix

Regions:

Wereld

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KALKOEN 30 APR 2020

Turkcell requests suspension of Tofas licence from banking authority

Turkcell announced that its board resolved that an application shall be made to the Banking Regulation and Supervision Agency (BRSA) to revoke the establishment licence and withdraw the operating permit of its Turkcell Ozel Finansman (Tofas) platform. Further details were not provided.

NEDERLAND 22 APR 2020

In de coronacrisis bepaalt de overheid het tempo van het herstel maar telecom is acyclischer dan ooit

Na ruim een maand van maatregelen hebben we goed zicht op de impact van de coronacrisis op de TMT-sectoren. Veel minder duidelijk is hoe de recessie en het onvermijdelijke economische herstel eruit gaan zien. We plaatsen een paar kanttekeningen en spreken de voorzichtige verwachting uit dat het herstel vlotter zal zijn dan na dat van na de kredietcrisis van 2007-2011.

ITALIË 22 APR 2020

Netflix helps set up Italian film industry relief fund with EUR 1 mln donation

Netflix has teamed up with the Italian Film Commissions association to set up a Covid-19 Film and TV Emergency Relief Fund for professionals in the film and TV industry unable to work during the coronavirus pandemic. The streaming giant committed to donating an initial EUR 1 million to launch the fund managed by the association with a view to providing relief to workers affected by the temporary halt in productions, with other industry players also invited to contribute.

WERELD 20 APR 2020

Nieuwsoverzicht week 16: toename verkeer en consumptie leidt tot margedruk en kan prijsverhogingen inluiden

In week 16 werd het nieuws aanhoudend beheerst door de coronacrisis. De hiervoor genoemde herkenbare vormen bestaan in grote lijnen uit:

POLEN 17 APR 2020

Poland watchdog postpones 5G auction

Poland regulator UKE has decided to suspend the term for accepting applications for the auction to distribute the 3,480-3,800 MHz bands. The decision was taken as a result of the quarantine related to the coronavirus pandemic. The watchdog will provide more information on the matter in the future. 

CANADA 17 APR 2020

Bell acquires 1.5 mln protective face masks for frontline healthcare workers in Canada

Bell said it acquired approximately 1.5 million protective face masks to help equip more healthcare and other frontline public workers throughout Canada in the fight against Covid-19. The N95 and KN95 masks are being donated to the federal, provincial and territorial governments for distribution in every region of the country.

VERENIGD KONINKRIJK 17 APR 2020

NUJ proposes windfall tax on tech groups to support news media through Covid-19 crisis

The National Union of Journalists (NUJ) has called on the UK government to impose a windfall tax on technology giants to help fund a News Recovery Plan, designed to sustain the press and media through the Covid-19 pandemic.

DUITSLAND 17 APR 2020

Telefonica Germany to reopen shops in 14 states

Telefonica Germany said it will reopen its shops, in 14 federal states, from 20 April. The German government is allowing stores with an area of ​​less than 800 square meters to open again under certain conditions. Telefonica's stores in Bavaria and Thuringia will reopen a week later, on 27 April, based on the rules passed by the local state governments to contain the spread of the coronavirus (covid-19). 

VERENIGD KONINKRIJK 17 APR 2020

Virgin Media offers 17 more channels for free to all TV customers

As part of its commitment to support customers during the Covid-19 lockdown, Virgin Media is giving all TV customers access to an additional 17 channels. The extra documentary and entertainment channels will be offered to all customers at no extra cost until 16 May. 

SPANJE 17 APR 2020

Euskaltel, R and Telecable add 100 free films to TV offer

Spanish regional operator Euskaltel has announced that all customers of its R, Telecable and Euskaltel brands will be given free access to a catalogue of 100 films via its VoD service Replayteka. The operator has teamed up with film distributor Contracorriente Films for the promotion, offering Oscar winning films such as Howards End, A Room with a View, Monsieur Lazhar and Cinema Paradiso as well as TV series such as the Red Riding trilogy. The first 50 films are available now via the company's 4K set-top b

MALTA 17 APR 2020

Melita records considerable increases in fixed voice, internet, TV usage since Covid-19 crisis start

Maltese operator Melita recorded considerable increases in fixed voice, internet and TV usage since the first Covid-19 case was confirmed. In March, fixed call minutes increased by over 60 percent, internet use grew 70 percent, and the number of people watching TV rose by 42 percent.

FRANKRIJK 17 APR 2020

Facebook and news agency AFP launch new initiative against Covid-19 misinformation in France

News agency Agence France-Presse (AFP) is strengthening its collaboration with Facebook with a new media literacy initiative, which ramps up ongoing efforts to protect the public from misinformation on the Covid-19 epidemic. The two companies have announced an educational video campaign, which can be viewed on the AFP Facebook page in France and on the agency's dedicated Fact Check website. AFP is already one of Facebook's most active global partners within the third party fact-checking programme against mi

FRANKRIJK 17 APR 2020

Orange announces cut to 2019 dividend due to Covid-19

Orange said its board of directors has proposed to cut the 2019 dividend in response to the Covid-19 crisis, from EUR 0.70 to EUR 0.50 per share. Alongside this reduction of nearly 30 percent, the group has decided to review the objective to distribute a EUR 0.70 per share dividend over the 2020-2023 period, saying that a reassessment will be carried out at a later date in light of the evolving situation. The board of directors has also provided for the right to offer shareholders the option of being paid a

AUSTRALIË 17 APR 2020

NBN Co launches USD 150 mln COVID-19 relief, assistance fund

NBN Co, the company building and operating Australia's broadband access network, has announced it will establish an AUD 150 million financial relief and assistance fund. The initiative aims to help internet providers support their residential and small and medium business customers affected by the COVID-19 pandemic.

KROATIË (HRVATSKA) 15 APR 2020

Hrvatski Telekom donates HRK 4 million to help fight coronavirus

Hrvatski Telekom has donated HRK 4 million to the University Hospital for Infectious Diseases 'Dr. Fran Mihaljevic' in order  to help Croatia fight the coronavirus pandemic. The institution has been at the front line of defence since the arrival of Covid-19 in Croatia. The initiative is part of the operator's corporate responsibility and social engagement activities.

Just In

19 DEC 16:42

SLT-Mobitel launches 5G network in Sri Lanka

19 DEC 16:19

Dialog Axiata launches 5G network, connects 1.5 million subscribers

19 DEC 15:56

UK govt to ban AI-enabled nudification apps to protect women, girls

19 DEC 15:42

3 UK launches last-minute Christmas sale

Commentary

13:56

Video market set for slower growth ahead

11:38

Netflix buys Warner Bros to deepen content catalogue

11:11

KPN's mixed performance in Q3 raises questions for strategy day

15:26

Stock markets breaking records but what happened to Odido's IPO plans?

Background

01:04

The week in telecom: Wi-Fi bolt-ons take off to boost broadband growth, video market works on consolidation

01:39

The week in telecom: Netflix wins bidding for Warner Bros, Apple poaches new execs, Samsung debuts trifold

13:51

Proximus vs. Telenet: Proximus performs better in Q3 while Telenet uses up cash

14:16

Proximus Domestic still struggling with low margins

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