BT is preparing to cut 13,000 staff over the next three years and move out of its London HQ after nearly 150 years, as it seeks to cut £1.5 billion (€1.71bn) in costs after a difficult 18 months. The latest job cuts and restructuring come as the company delivered a 3 per cent drop in […]
In a transaction that it says accelerates its converged communications strategy through in-market consolidation in its largest market, Germany, and in its Central and Eastern European (CEE) markets, Vodafone has agreed to acquire Liberty Global’s operations in Germany, the Czech Republic, Hungary and Romania for an enterprise value of €18.4 billion. This is expected to […]
Five weeks before it starts, ANGA COM has announced new record with 500 exhibitors. Besides the number of companies also the rented floor space has been further increased. In total, 36 countries will be present. The Exhibition and Conference for Broadband, Cable & Satellite will take place in Cologne/Germany from June 12th to June 14th. […]
More Australians than three years ago are using Optus fixed broadband and mobile phone services following Optus’s purchase of the exclusive Australian rights to English Premier League football. Optus signed a three year broadcast deal for the Australian rights to the Premier League in late 2015 for A$63 million (€39.2m) per year and has this […]
MasMovil, the fourth largest telco in Spain, may be the focus of a new consolidation move in the market. Its shareholders – mainly venture funds and private groups – are reportedly willing to sell the company in the next two or three years. MasMovil has significantly increased its value over the last year with a […]
Swisscom’s, the dominant Swiss telco, has reported that consolidated Q1 net revenue was up 1.9 per cent on the previous year at CHF 2.8 million (€2.4m), while at constant currencies revenue remained nearly stable (+0.2 per cent). By contrast, Swisscom’s revenue in the Swiss core business fell by 1.8 per cent to CHF 2,206 million, […]
Suggesting the move will create the only company with the network capacity needed to launch rapidly a nationwide 5G network with the breadth and depth critical to extend the USA’s global Internet leadership in the 5G era, US telcos T-Mobile US and Sprint Corporation are to merge in an all-stock transaction at a fixed exchange […]
Greece has a new pay-TV operator in the shape of cellular telco Wind. It has launched its new service, Wind Vision, with more than 60 channels as well as direct access to Netflix as well as direct access to Google services. “Our entry into the pay-TV market, with the new Wind Vision service, is a […]
Jio Infocomm, a start-up cellular telco in India, is still adding some 26 million new subscribers each quarter since launching 18 months ago. It now reaches a total of 186.6 million. The business, a subsidiary of Mukesh Ambani’s Reliance Industries, was launched to the public in September 2016 and was an instant success. Jio’s core […]
Orange Spain increased its revenues by 4.3 per cent in the first quarter of the year to €1.3 billion. The company increased its convergent revenues by 7 per cent to €526 million, largely thanks to the 2.1 per cent rise in the number of convergent subscribers and 3.8 per cent rise is ARPU to €57.10. […]