In Brief:Inoventica FY revenues to fall 23% this year 

Russian company Inoventica expects that its revenues will drop by 23 percent this year, reports Comnews.ru. The decline will be caused by the consolidation of the telecommunications market and to changes in payments for services. Inoventica revenues totaled RUB 517 million in 2015, rising 13 percent year-on-year. The increase was caused by the deployment of an ITC infrastructure for users of hybrid clouds, as well as by DDoD protection services. The net profit amounted to RUB 92 million, down from the year before. Consolidated EBITDA totaled RUB 206 million in 2015, up by 39 percent.

***The Greek telecoms regulator called for expressions of interest in acquiring spectrum in the 1800 MHz band that is currently in the hands of the country's three mobile operators but whose licences will expire soon.All interested parties – existing operators and market newcomers – have until 5 July to come forward, the Hellenic Telecommunications and Post Commission (EETT) announced.Companies interested in licensing the available spectrum must be able to provide certain financial guarantees, the EETT said.The spectrum in question is currently held by Cosmote, Vodafone and Wind Hellas.

***The Indian cabinet has given the go-ahead to the country's much-discussed upcoming spectrum auction, which could raise upwards of €70 billion.The government approved the sale of 2,200 MHz of frequencies across multiple bands. The auction will likely take place in August or September. The government has not yet made a decision on the spectrum usage charge that winners will have to pay, nor on the method by which the charge will be calculated.

***The Lesotho Communications Authority (LCA) is examining the potential introduction of SIM card registration in the country, in a bid to curb crime committed using mobile phones. ‘The regulator in Lesotho has recently commenced engagement with the sector on the proposed introduction of customer registration regulations in that country. Lesotho remains one of only a handful of African countries without any form of SIM registration legislation in place. Vodacom has also revealed that its local unit’s mobile service licence was extended on 1 June 2016 for a further 20 years. Vodacom is Lesotho’s largest mobile operator by subscribers, with a total user base of 1.399 million at the end of March 2016, well ahead of sole rival Econet Telecom Lesotho (ETL) with around 512,000 cellular customers at the same date.

•***Megafon completes fibre deployment in Rostov
•French operator Altice takes control of Cablevision Systems
•Fastweb and Iliad ‘interested in new Italian mobile business’
•South Africa's Telkom to use Vumatel fibre
•Lycamobile denies French allegations of wrongdoing in statement
•Google Fiber to acquire Webpass for expansion
•Telstra launches mining unit
•India prepares for biggest spectrum auction