Eurobites: MTS Pays US Authorities $850M to Settle Uzbekistan Bribery Case

Zain Saudi Arabia and Nokia are teaming up to develop IoT services, drawing on the Finnish vendor's Worldwide IoT Network Grid (WING) to launch offerings for enterprise customers working in areas such as public safety, aviation and energy.

Full-year service revenues at South Africa's MTN Group grew by 10.7% in constant-currency terms in 2018, as its subscriber base increased by 16 million to 233 million customers across 21 markets throughout Africa and the Middle East. It has also announced that it is selling its stake in Botswana's Mascom for $300 million, and has committed to raising 15 billion South African rand ($1 billion) from the sale of assets over the next three years.

Austria's communications regulator, RTR, has announced the results of its 5G spectrum auction, the whole exercise raising €187.7 million ($211.4 million) for the government's coffers. For the full breakdown of who got what, see the table below.

Omantel Wholesale, the wholesale arm of the Oman operator, has launched a separate entity, Omantel International (OTI), which will manage Omantel's international voice business. Omantel has investments in 20 subsea cable systems, with landings in more than 120 locations around the world.

A proposed EU-wide 3% tax on the revenues of Internet giants doing business in Europe, such as Google and Amazon, looks like being ditched, according to a Reuters report. Instead, the report says that the EU is pinning its hopes on a global tax reform agreement being led by the Organisation for Economic Co-operation and Development (OECD). (See Eurobites: EU Wants 3% of the Tech Titans and Eurobites: EU Wants Tax Transparency From Tech Titans.)

— Paul Rainford, Assistant Editor, Europe, Light Reading