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Telco

Swisscom Q3 profit dips

Swisscom has reported that Q3 group revenue fell slightly by 0.4 per cent to CHF 8,173 million (€8,686m), which translates to a minor increase of 0.3 per cent at constant exchange rates. In the Swiss core business, revenue fell by 1.7 per cent to CHF 5,966 million. Revenue from telecom services decreased by 1.9 per […]

October 31, 2024

Virgin Media O2 Q3 revenue dips; sells Cornerstone stake

Virgin Media O2 has reported Q3 revenue of £2.7 billion (€3.2bn), down 2.7 per cent YoY – primarily attributed to handset revenue decline offsetting stable consumer service revenues underpinned by fixed ARPU growth. The telco’s total fixed customer base now stands at 5.8 million with 15,000 customer additions in Q3, showing a return to fixed […]

October 30, 2024

Netcracker, du partnership

Netcracker Technology and telco and digital services provider du have announced they will collaborate on leveraging Netcracker’s GenAI Telco Solution to foster innovation, enhance service delivery and elevate the overall customer experience across du’s network. During GITEX Global 2024, executives from Netcracker and du signed a Memorandum of Understanding (MoU) for a multi-year programme, which is […]

October 29, 2024

Indonesia: Telco, pay-TV revenue to increase at 4.5% CAGR

The growing adoption of 4G/5G services and steady growth in fibre broadband subscriptions will drive the total telecom and pay-TV services revenue in Indonesia at a compound annual growth rate (CAGR) of 4.5 per cent from $15.1 billion (€13.9bn) in 2023 to $18.8 billion in 2028, forecasts GlobalData, the data and analytics company. GlobalData’s Indonesia […]

October 28, 2024

Survey: Europeans demand gigabit connectivity

Connect Europe, the association representing the leading connectivity providers in Europe, and market research  firm IPSOS, have released Europe’s Digital Pulse: connectivity trends and consumer insights, a new consumer survey examining the digital habits and expectations of consumers across 30 European countries. The main finding of the survey is that an overwhelming majority of Europeans […]

October 24, 2024

Orange Q3 demonstrates “soundness of strategy”

Orange group has reported Q3 revenues rose 1.6 per cent compared with the third quarter of 2023 (+€153 million) thanks to growth in retail services (+2.5 per cent or +€185 million) and a smaller decline in wholesale services (-3.3 per cent or -€51 million), mainly related to higher unbundling and civil engineering rates in France […]

October 24, 2024

Telia grows mobile service revenue in all markets

Telia, the Swedish multinational telco, has reported Q3 revenue decreased 0.9 per cent to SEK 21,749 million (€1,904.4m), and like for like, revenue increased 0.9 per cent. Service revenue decreased 0.6 per cent to SEK 18,820 million and like for like, service revenue increased 1.2 per cent. For the telco operations, service revenue increased 1.1 […]

October 24, 2024

Japan: Multiplay service revenue to increase at 3.3% CAGR

The total multiplay service revenue in Japan is set to increase at a compound annual growth rate (CAGR) of 3.3 per cent from $29.6 billion (€27.4bn) in 2023 to $34.9 billion in 2028, driven by the rising demand for blended services and growing number of multi-play households in the country, according to GlobalData, the data […]

October 23, 2024

BT Group switches on self-powered mobile site

BT Group has switched on its first self-powering mobile site, located in the Shropshire Hills, with approximately 70 per cent of its energy needs expected to be generated by the on-site solar panels and wind turbine. The site was identified through an environmental assessment which calculated its viability for renewable power. Power is generated through […]

October 23, 2024

Tele2 Q3 service revenue up 3%

Tele2, the Sweden-based multinational telco, has reported Q3 service revenue of SEK 5.5 billion (€0.48bn), up 3 per cent organically compared to Q3 2023, attributed to growth across operations. Total revenue amounted to SEK 7.4 billion, an increased of 3 per cent YoY. Profit after financial items (EBT) stoood at SEK 1.4 billion in Q3. […]

October 22, 2024