In Brief:Viva Bahrain implements ‘world first’ triple-beam antenna 

Viva Bahrain, owned by Saudi Telecom Company (STC),has announced the successful completion of a 4G LTE network upgrade,boosting the maximum end-user mobile data speed by 50%,now offering peak network speeds up to 150Mbps,whilst giving the operator ‘the ability to handle major network capacity and continue delivering next-generation technologies.The cellco’s website announcement claims that ‘having already established Bahrain’s widest 4G network with more than 500 4G sites across the country,Viva’s recent upgrade meets the growing needs of Bahrain’s highly connected environment and fulfils customers’ ongoing demand for voice and data capacity’. Viva Bahrain has claimed a ‘world first’ by implementing a ‘triple-beam’ antenna installation, in partnership with China’s Huawei, which delivers almost triple the capacity of conventional mobile towers.

***New Zealand 2degrees Mobile is planning to list shares in both Australia and New Zealand in order to raise as much as NZ$150 million (€90 million) to finance the completion of its network rollout.New Zealand's smallest mobile network operator is planning an IPO that will bring in NZ$100 million-NZ$150 million.Banks – including Deutsche Craigs, UBS,Macquarie Capital, Credit Suisse-First New Zealand Capital, and possibly Goldman Sachs – pitched to become joint lead managers of the initial public offering about three weeks ago.

***Government cash for Australia's NBN (National Broadband Network) will run out at the end of June 2017, which means the state-owned broadband provider needs to raise up to A$26.5 billion (€17.26 billion) in private financing in order to fully fund its nationwide deployment.The government has committed A$29.5 billion in public money to NBN. In its budget for fiscal 2016-2017, the government revealed that the final A$8.83 billion of that money will be paid in the coming financial year, which ends on 30 June 2017.However, the final cost of the NBN deployment is projected to be A$46 billion-A$56 billion. It aims to connect 8 million premises by 2020, by which date it forecasts annual revenue of A$4 billion.

***Vodafone was the top advertiser in Portugal during March, according to data from Marktest's MediaMonitor. The operator was responsible for a 5.1 percent share of voice in the total advertising market (TV, radio, press, outdoor, cinema and internet) and for 12.6 percent of the total among the top 20 advertisers during the month. Portugal Telecom was third, with a 3.0 percent share of voice of the total advertising market and of 7.4 percent among the top 20. Among the top 20 advertisers, three are from the telecommunications sector. The biggest advertisers invested the most in TV (88.3%), while 6.2 percent went to the internet.

*** Sprint swung to its first full-year operating profit in nine years, but its fiscal fourth-quarter performance showed there is still a long road to recovery.Postpaid net additions fell sharply to 56,000 in the three months to 31 March, from 211,000 in the year-ago quarter. Prepaid customers fell by 264,000. However, the addition of 655,000 wholesale and affiliate customers meant Sprint ended the quarter with 58.81 million subscribers, up from 58.36 million in the previous quarter and 56.14 million a year earlier.

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• Bell Canada acquires Manitoba Telecom for $3.1 billion