Telenor confident in strategy after stable Q1

first_imgHome Telenor confident in strategy after stable Q1 AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 04 MAY 2017 Telenor advances multi-vendor SA 5G Telenor books loss on $780M Myanmar write-off Author Tags Telenor focussed on strong data uptake across emerging markets in a stable set of Q1 results, as CEO Sigve Brekke insisted the company is laying a “solid foundation” following its decision to exit India.The Norway-headquartered operator entered into a definitive agreement with India-based Bharti Airtel to sell its struggling unit in the country in February, and the deal is expected to close within 12 months.Telenor said its Q1 results had been adjusted to reflect its new group structure, with India now presented as a discontinued operation. As a result of the decision, Telenor raised its 2017 outlook slightly. Its 2017 EBITDA margin is now expected to hit 37 per cent, 1 per cent higher than the previous guidance.In a statement, Brekke reiterated “simplification and efficiency improvements” were top of the agenda to improve profitability, and recent moves by the company “are all examples of these efforts”. In addition to its decision to exit India, Telenor is also in the process of selling off its stake in Veon (formerly VimpelCom), as well as taking the decision to reorganise its business units into four regional clusters.EarningsTelenor’s net income in Q1 2017 of NOK4.2 billion ($484.7 million) was marginally lower than the NOK4.3 billion generated in the comparable period of 2016. Revenue of NOK30.5 billion was 3 per cent lower, due to currency effects.The company explained its net income figure still included India, and was largely on par with Q1 2016 “as reduced net income from associated companies was offset by improved net income from the discontinued operation”.Telenor said revenue continued to be positively impacted by both ARPU uplift and a higher number of customers in Bangladesh (1.9 million additions in total), as well as sustained growth in the customer base in both Myanmar and Pakistan. However, the growth was offset by lower handset sales and decreased interconnection rates.Brekke added the company introduced a number of new and improved mobile offers in several markets during the recent quarter, while data consumption in Asia continued to be strong, particularly in Myanmar and Pakistan.The total share of active data users increased by 1 percentage point to 50 per cent during the quarter, while overall mobile subscriptions increased by 2 million in the quarter, giving Telenor a total of 172 million. Kavit joined Mobile World Live in May 2015 as Content Editor. He started his journalism career at the Press Association before joining Euromoney’s graduate scheme in April 2010. Read More >> Read more Related Previous ArticleMobile fuels Facebook ad revenue growthNext ArticleTelecom Italia reveals earnings boost ahead of key AGM Telenor, Axiata plot Malaysian merger Kavit Majithia Q1Telenorlast_img read more

Intelligence Brief: Should we worry about 5G security?

first_img Blog Tags AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 29 MAY 2019 As I’ve highlighted a few times on my Data Point videos, I spent some time this week at the GSMA’s Mobile360 Security for 5G event in The Hague.What did I do there? Ate some stroopwafels. Moderated the first two sets of keynotes. Did a taste test of different types of stoopwafels. Moderated a panel of security experts. Bought some stroopwafels to take home. I mean, the security stuff is super-important, sure. But…priorities, right?In addition to weighing down my carry-on bag with delicious Dutch desserts, I did manage to pick up a few insights into the conference topic. If only thanks to osmosis, the caliber of the speakers and the frankness of the discussions, it would have been hard not to. And, all joking aside, anyone interested in 5G, either rolling out networks or services, needs to be concerned with how we’ll secure it. While not necessarily exhaustive, here’s what I’m now paying more attention to.5G imperative. I kicked off the keynote panel with a simple question: “Why has 5G brought the question of security to the fore?” What’s different about 5G versus 4G or 3G that makes security so much more important? The panelists’ answers centered on the attention 5G is getting from operators and regulators and consumers. The real answer, however, is implicit in that attention: it implies a massive amount of connected devices (potentially unsecure endpoints) as well as the critical digital systems expected to run on 5G.To worry or not. If we expect lots of critical systems to run on 5G (from connected cars to connected industries) then we need to be really worried about the security of 5G networks, right? Doomsday scenarios of power grid shutdowns and cars getting hijacked, are more than just abstract concepts, they’re real world possibilities that should be keeping us all up at night. Maybe. While these might all be connected by 5G, it’s silly to believe that the only security applied to them will be in the 5G network. The services running over the 5G networks will need to be secured as well. We hear a lot about multi-layer security architectures. If we believe that they are indeed necessary, then we can’t pin all 5G security responsibilities on the 5G network alone.Dangerous cost cutting (aka, security RoI). I’m cheap. Just ask my boss, my team, or my wife. So, when I went shopping for a home security camera on Amazon, I opted for the low-cost option, then wondered about how secure it would be and if I could trust its cloud services. The same applies to network security. Policies, products, and architectures optimised for costs may come with security risks. Or, rather, security policies, products and architectures optimised for costs may be ineffective, incurring their own costs. Ultimately, the issue is one of RoI, recognising that security outlays need to be seen as investments that deliver returns in terms of network protection, service integrity, and customer satisfaction.SOS (Same Old Skills gap). The concept of a “skills gap” among operators is not new. Years ago when I did some work on barriers to implementing virtualisation, a lack of internal skills was cited as critical. Fast forward and the same thing exists for security skills, forcing operators to rely on the skills of their vendor partners.Skills gap, meet innovation gap. Where a skills gap forces operators to rely on their vendors, we are forced to acknowledge a long-term evolution in the vendor landscape. Where there was once a large set of major mobile network vendors, the market is now largely concentrated amongst three main ones, especially in the RAN. Why is this a problem? Put aside theoretical arguments around the impact on pricing and incentives to innovate. If operators have a smaller set of vendors to choose from, then they have little option but to live with the decisions those vendors make around security (or how well they secure their own solutions).Deadly rotten eggs. Apparently, connected egg trays are a real thing. If you live in a civilised country where eggs are stored in the fridge, you might now worry about how long your eggs have been around. If you keep your eggs in the pantry like a Neanderthal, however, then a tray that lets you know how long they’ve been around might make sense (note to self: Connected Neanderthal would be a great band name). But where the issue of 5G Security often revolves around critical infrastructure or connected industries, securing the lowly connected egg tray might seem unnecessary. I’d thought we’d got past that thinking, recognising that anything connected to the network becomes part of a potential attack surface. Regardless, potential threat examples ranging from light bulbs to aquarium heaters, to egg trays all got invoked as a reminder.Moving beyond generalities. If we need 5G security to be a topic that everyone pays attention to (everyone owns in some way), then we need a broad set of stakeholders at conferences, learning about it. Simple enough. But that means the way we talk about it (technical versus strategic) will need to accommodate them all. That’s problematic, because talking about security in terms of broad trends and generalities won’t result in real, on the ground, solutions to real problems. Does that mean we exclude the less technical folks (like myself) from these conversations? No. It means we need to all get smarter and become conversant in security the way we are for RAN or device specs.AI imperative. Another “imperative,” I know. But just as much as 5G has increased the profile of network security, network security has elevated the profile of AI. IBM highlighted this when noting the sheer volume of security notices, updates and research produced on a daily basis (around 7,000 pages). The takeaway: we need good AI tools to help us identify what matters and to help find the data we need when we need it. Beyond discovery, though, there’s a role for AI in helping us adapt to evolving threat tactics and strategies.5G for good. In presenting the value that 5G and mobile networks can bring (and the importance of getting them right), the GSMA’s Director General Mats Granryd pointed to the promise of enhanced connectivity combined with AI and Big Data to do things like mitigate or halt tuberculosis outbreaks. It’s an important reminder, and not just because he’s my bosses’ boss. But, it also highlights an important knock-on requirement.Trust, trust, trust. Security is different from privacy. They are two different sets of issues with different requirements and associated risks. But if 5G will be connecting us all and leveraging data to do great things, then users need to have trust in the privacy of their data, or at least trust in the way that their data is being used. Again, these issues are different from security, and they may be more difficult to tackle, requiring consumers to pay attention. But, if we want to execute on the 5G promise, they may be the most important issues.– Peter Jarich – head of GSMA IntelligenceThe editorial views expressed in this article are solely those of the author and will not necessarily reflect the views of the GSMA, its Members or Associate Members. Subscribe to our daily newsletter Back Intelligence Brief: Does intent matter in network automation? GSMA Intelligence Intelligence Brief: Assessing recent spectrum developments Relatedcenter_img Read more Author Intelligence Brief: Assessing latest developments in 6G and healthcare 5GGSMAisecurity Previous ArticleHuawei calls for US to halt state-sanctioned campaignNext ArticleLatest US 5G auction raises more than $2B HomeBlog Intelligence Brief: Should we worry about 5G security?last_img read more

UPDATE: MARTA and Union Officials Respond to Planned Sick Out

first_img  WABE has learned that some MARTA bus and rail operators are planning what they call a “massive sick out.” It’s reportedly over what they call “stalled” negotiations with the transit authority. WABE’s Denis O’Hayer and Rose Scott discuss why some operators say they will participate in the sick out.2:12Sources close to these talks told WABE some operators feel union president Curtis Howard is not aggressively pursuing a contract that includes a raise. Howard is the president of the Amalgamated Transit Union Local 732, which represents 3,200 of MARTA’s approximately 4,000 workers. Howard and MARTA officials have yet to respond to WABE’s  interview requests.If this sick out occurs within the next week or so, it could affect students who rely on MARTA for school commutes.   ‘It’s Fractured’: Georgia Lt. Gov. Geoff Duncan On Healing Republican Party 1:21 | Play story Add to My ListIn My List For Whom The Bell Rings Legal Advocate Discusses Medical Abuse At Shut Down Georgia ICE Facility center_img Related Stories MARTA officials and the union that represents bus and train operators are responding to reports that a planned “massive sick out” could occur.WABE learned of the plan from several operators who say they’re frustrated with stalled contract negotiations between the union and the transit agency.WABE’s Rose Scott has more.Broadcast version of this story. More audio appears below.1:21A few operators say the  “massive sick out” is the only way to send the message they are frustrated  it’s taken over a year to negotiate a new contract and there’s still no deal.Those who spoke with WABE wanted to remain anonymous.And said it was due to fear of retaliation.A MARTA bus operator told WABE, Amalgamated Transit Union local president Curtis Howard is not aggressively pursuing a deal that would include a raise.But the fact is, no one has received a raised since 2005 according to a MARTA spokesperson.  It’s not clear how many operators would actually participate in the “sick out.”But those stating they would, say the target date is August 4th.That’s next Monday and that’s when Atlanta Public Schools students head back to class.Some APS students take MARTA to get school.MARTA union representative president Curtis Howard declined to be interviewed.However MARTA did provide a statement saying in part, “MARTA management is continuing to negotiate with the Union on a new labor contract. We have been in contact with the union leadership and they have confirmed that anyone threatening job actions that could impact MARTA customers is not authorized to speak on behalf of their represented employees.” Sharelast_img read more

Shakespeare: One of the First and Greatest Psychologists

first_imgThe Atlantic:Harvard linguist and cognitive scientist Steven Pinker groups social reformers into two broad categories. The moralist condemns one behavior and promotes another; the scientist, on the other hand, tries to understand why human beings do the things they do, hoping self-knowledge will lead to positive change. In our conversation for this series, Pinker chose a favorite passage from Shakespeare’sMeasure for Measure that illustrates both points of view—in its critique of human nature, Isabella’s speech swivels from detached observation to plaintive complaint. We discussed the limits of both science and moral judgments, and his belief that the analytic mindset is humanity’s best hope for a peaceful future.Pinker’s most recent book, The Sense of Style: The Thinking Person’s Guide to Writing in the 21st Century, gives Strunk and White a much-needed OS update—while he acknowledges the merits of The Elements of Style, his book’s insightful introduction explains why a language can’t have one rulebook for two long. (Strunk and White suggested avoiding words like “geek” and “funky,” for instance, claiming they would fall quickly out of fashion.) The Sense of Styleapplies a linguist’s semantic chops to the questions of prose aesthetics, breathes fresh insight into grammar’s disputed territories, and takes stock of new developments in our ever-shifting American English.Read the whole story: The Atlantic More of our Members in the Media >last_img read more

Jones grabs lead at Hisamitsu-KBC

first_img GET THE BEST OF THE JAPAN TIMES IN FIVE EASY PIECES WITH TAKE 5 SHIMA, Fukuoka Pref. – Craig Jones of Australia fired a 6-under-par 65 to take sole possession of the lead after the first round of the Hisamitsu-KBC Golf Tournament on Thursday.Jones, who is seeking his first victory on the Japanese tour, eagled the par-5 13th hole and made five birdies against one bogey for a one-stroke lead over Riki Ikeda at Keya Golf Club in Fukuoka Prefecture.center_img The 24-year-old Ikeda made seven birdies, including three straight from the sixth, and two bogeys to finish the day alone in second at 5-under 66. Mamoru Osanai and Yasumasa Suzuki were in a five-way tie for third after shooting 67s. last_img read more

Champs tickets – it’s all about supply and demand

first_imgDeath and the paying of taxes are said to be the two inevitable occurrences that await every man and woman. If you are a Jamaican, you can add to that list, listening to, or partaking in, the annual, and seemingly inevitable arguments that surround the staging of the ISSA/GraceKennedy Boys and Girls’ Championships. Every year at this time there is great controversy regarding the staging of ‘Champs’. Usually the arguments surround the difficulty of getting grandstand tickets for the Saturday. One year it was about the ‘big three’ schools insisting that they should be given a bigger allocation of tickets than the other schools. Who can forget the big brouhaha surrounding the African Ari Rodgers a few years ago? This year the discussions have been raging on about the new pricing system. ISSA has raised the grandstand prices and are coming under fire from several quarters. For the record, the price of a season ticket for the ‘regular’ areas has gone up from $9,000 to $13,500. The premium package has gone up from $10,000 to $15,000. The cost of the grandstand ticket for Friday remains the same $3,500, but the Saturday grandstand prices have moved from $5,000 to $7,500. The bleachers prices are the same, $500 on Friday and $1,500 for Saturday. A lot of people feel that ISSA is overcharging people to come to witness Champs. On one radio programme, one man said this is a rip-off. The people bashing ISSA need to understand the basic principle of supply and demand. Where demand is exceedingly higher than supply, prices will go up. It’s as simple as that. Grandstand tickets for the Saturday (and to a lesser extent the Friday) at ‘Champs’ are the hardest things to get your hands on every year simply because, as my granny would say, there are far more dogs than bones. ISSA has the right, indeed the duty, to maximise on this demand. As much as some of us would want to think otherwise, the event is not merely a stage where our high-school athletes get a platform to show off their talent. It is also an event that is there to generate income for the governing body of high school sports. No amount of weeping and wailing and gnashing of teeth will change the fact that the organisers of ‘Champs’ will continue to capitalise on the popularity of the event by charging more and more to get in. Reasons ISSA has said that one of the reasons for the price increases is that the grandstand patrons will get effectively a greater watching experience with some of the plans they have. For me all of that is so much mumbo jumbo. ISSA is charging as much as 50 per cent more in some instances for one reason. They know, or believe, (it doesn’t matter) that these price hikes will not stop a full grandstand for the final day. People may grumble but that won’t stop the same numbers from coming in. Nobody with an understanding of how business works should blame them. People will argue that the thing is too expensive but that is all relative. As long as people want the product and are willing to pay, then the term ‘expensive’ becomes a very subjective terminology. Spending $30,000 on a pair of sneakers may be deemed expensive while spending the same amount on a plane ticket to England may be deemed cheap. It all depends on your perspective. Maybe ISSA has been underselling ‘Champs’ ticket for years. Maybe the true value of a Saturday grandstand ticket should be $30,000. Maybe that’s when ISSA will arrive at that happy medium where they might eliminate a lot of people, but there would still be enough who are prepared to pay and then the body would quadruple the revenue they now make. So don’t blame ISSA. Blame the market. Blame us as Jamaicans who can’t get enough of ‘Champs’. ISSA is doing nothing wrong.last_img read more

Orville Higgins | ISSA’s transfer rules are flawed

first_imgThe issue of a transferred student-athlete is being discussed in sporting circles. It involves an athlete who was transferred from a western Jamaican school to Kingston College (KC) last year. My sources tell me that the athlete went to KC in March last year, mere days before the 2019ISSA/GraceKennedy Boys and Girls’ Athletics Championships. The youngster is super talented. He was good enough to break records for his previous school a couple of seasons ago. He sat out Champs last year while at KC. The reigning Boys champions want him to compete for them at Champs next month. He would be one of the favourites for an event in Class Two. It appears that he will not be able to compete, and I happen to feel really sorry for the young man. ISSA’s rules state that athletes have to sit out a year without competing before they are allowed to represent the school they are transferred to. The rules also speak to missing one event that the student wants to participate in while he or she is at the new school. It should have been fairly straightforward. March last year to March this year is a 12-month window where the youngster would not have competed for KC. Champs starts on March 24 this year. On the surface, it appears he has satisfied the requirements. Alas, that is not the case. The registration deadline for athletes to compete at this year’s Champs passed yesterday, February 14. Based on how ISSA is interpreting the rules, the youngster would not have been at KC for one year at the time of registration, and therefore will not be eligible to compete for KC at Champs this year. While the student would have served his one-year period of inactivity by the time Champs comes around at the back end of March, he will have to watch on television like most of us. As a man bluntly put it to me earlier this week, “the registration rule ketch him.” A longer wait To compete for KC next year, the young athlete would have had to miss not one, but two Champs. This is unfortunate and quite unfair. ISSA’s stance on athletes sitting out a year before they can represent their new school is understandable. The rule was designed to stop athletes moving willy nilly from school to school. This case is special. The youngster did miss Champs last year while attending the North Street institution. That should have been enough to see him compete for KC this year. The timing of the registration should not have been the cut- off point to determine when he satisfied the 12-month rule. The 12-month rule should be from the time he started school, to the time of the competition he intends to partake in. That said, surely Kingston College should have known that the rules would ‘ketch the yute.’ Why did they not make him start KC in February? The registration for Champs is always the middle of February. Why would the youngster start attending KC in March and not early February, or even January? Somebody at KC seriously dropped the ball. Going strictly by the letter of the law, ISSA is right to bar the athlete from Champs this year. My opinion though is that they need to revise this rule forthwith. It is harsh to have this youngster sitting out two Champs before he can don the purple colours of KC. Orville Higgins is a veteran broadcaster with more than 20 years experience in the field of sports.last_img read more

Football World Cup champion Spain return home to a heroes’ welcome

first_imgThe Spanish team returned to a heroes’ welcome to the country after they defeated Netherlands to lift their first FIFA World Cup trophy.Players landed at Madrid’s Barajas airport shortly before 3 p.m. (1300 GMT, 9 a.m. EDT).A huge crowd had gathered at the airport to welcome the team which emerged from the plane with keeper Iker Casillas, coach Vicente del Bosque and the golden trophy.The team was reportedly received by the Spanish king after they rested in a hotel. They are also said to have met Prime Minister Jose Luis Rodriguez Zapatero before taking an open top bus ride through the national capital.Spain beat the Netherlands 1-0 on Sunday in extra time.Spanish player Iniesta scored the winner in the 116th minute after both the sides were locked goal-less in the regulation 90 minutes in an ill-tempered grand finale which saw the ejection of Dutch defender John Heitinga in the 110th minute for his second booking and another 12 yellow cards being shown.New world champions Spain, the eighth such team in history, now join Brazil (five titles), Italy (four), Germany (three), Argentina (two), Uruguay (two), France (one) and England (one).last_img read more