Orange Spain will not buy – partly or wholly – the Basque-country based telco Euskaltel. In a statement to Bloomberg, the company said that “it rules out any transaction with Euskaltel”. With the announcement, Orange Spain puts an end to speculation over the last weeks about its intention of buyinging into Euskaltel to strengthen and […]
At CHF 11,714 million, Swisscom’s group revenue for the FY 2018 was stable at the prior-year level (+0.4 per cent). In its saturated Swiss core business, Switzerland’s major telco generated revenue of CHF 8,817 million (–2.7 per cent). The CHF 242 million decline in revenue from telecommunications services can be largely attributed to persistent price […]
Spain’s pay-TV football war has had a negative impact on all the country’s major telcos. In the third quarter of 2018, as a whole they lost 1.3 per cent of their revenues to €6.08 billion, according to the latest figures from the regulator CNMC. Orange and Vodafone lost market share whereas Movistar had a slight […]
Outgoing CEO Gavin Patterson delivered better than expected Q3 results for telco giant BT, commenting “there have been some ups and downs no doubt, but I think the business is more resilient better placed overall”. BT’s revenue was down by one per cent to £5.98 billion (€6.84bn) for the three months to December 31st as […]
Media regulator Ofcom has published the latest data on the complaints it receive about the UK’s major providers of telecoms and pay-TV services. The quarterly report reveals the number of complaints made to Ofcom, from July to September last year, about providers with a market share over 1.5 per cent in the home broadband, landline […]
Telenor, the Norwegian multinational telco, has reported that subscription and traffic revenues declined by 1 per cent in the fourth quarter on an organic basis, while total revenues remained stable. Total reported revenues were NOK 28.2 billion (€2.9bn), which is a decrease of 2 per cent. Organic subscription and traffic revenue growth for the year […]
The number of multiplay households in the Americas subscribing to double, triple or quadruple play service bundles reached an estimated 142 million in 2018, equating to a household penetration of 43 per cent, just behind Europe with 48 per cent, according to data and analytics company GlobalData. Africa and Middle East, with a household penetration […]
Verizon, the US multinational telco, reported revenues for 2018 were up 3.8 per cent and said it expects similar, low single-digit percentage growth in 2019. Capital expenditure will also increase this year as the operator ramps up its 5G roll-out. Fourth-quarter revenues rose a tepid 1 per cent to $34.3 billion (€30.05) as a 5.3 […]
Telenor Group has revealed details of its expanded 5G piloting in Norway. The next generation pilot will be carried out by Telenor Norway in partnership with Ericsson and will complement the mobile operator’s existing 5G pilot in Kongsberg. “It’s important for Telenor to continuously expand our knowledge and experience through actively testing the 5G technology […]
The UK Secretary of State for Work and Pensions, Amber Rudd MP, has welcomed news that Openreach, the UK’s digital network business, will hire 3,000 new trainees – of which around 1,600 are newly created roles – over the next 12 months. The announcement is an extension of Openreach’s largest ever recruitment drive, with 6,500 […]