Deutsche Telekom has reported it enjoyed a successful third quarter in 2016, with strong figures from the US and a stable trend in Germany. Net revenue grew by 5.9 per cent compared with the prior-year quarter to €18.1 billion. At the same time, adjusted EBITDA rose 7.2 per cent to €5.5 billion. “These figures show […]
Orange Spain is rebranding its convergent package with the launch of a new integrated offer ‘Love’ which will replace the Canguro services. The company is launching a huge media campaign based on the The Beatles’ song All You Need Is Love to raise awareness of the new package. The rebranded package will include all services […]
The current Mexican telecommunication services market is still dominated by Telmex and its mobile arm Telcel, with the exception of the pay TV segment, where Televisa has the largest share. In this context, smaller competitors find it hard to capture market share and generate the much needed return on investment. OTT services providers and systems […]
The current Brazilian economic crisis, regulation imbalances for smaller operators, high tax burdens for telecom services, and spectrum and cost limitations for broadband services continue to dampen growth in the Brazilian telecommunications services market, which saw $40.35 billion (€36.6bn) in revenue in 2015. “We did see a 31.4 per cent drop in revenue last year […]
In a deal that creates the US’s second largest domestic communications provider serving global enterprise customers, telcos CenturyLink and Level 3 Communications have agreed a merger under which CenturyLink will acquire Level 3 in a cash and stock transaction valued at approximately $34 billion (€31.1bn), including the assumption of debt. Under terms of the agreement, […]
Pakistani telco PTCL has become the first telco in the country to sign a partnership agreement with Netflix. The pair will use their respective resources for mutual benefit, utilising and maximising the viewing experience and penetration of Netflix services in Pakistan. This agreement will serve as a way forward for both PTCL and Netflix to […]
BT has added 63,000 TV customers in Q2, bringing its total to 1.7 million. The telco says that at BT Sport, it is benefiting from a new Saturday early evening slot for Premier League matches, with better viewing figures than last year. BT Sport programme rights charges were up 54 per cent mainly as a […]
The World Teleport Association (WTA) has announced that UAE-based telecommunications service provider – ‘du’ has achieved full certification of its world-class Teleport in Jebel Ali, Dubai under WTA’s recently launched Teleport Certification Programme. The du Teleport achieved Tier 3 Certification under the Programme, the only teleport in the Middle East region to receive this prestigious […]
French telco Orange has reported accelerated growth in 3rd quarter revenue and restated EBITDA, driven by very high-speed broadband and convergence. The Group said it achieved a solid commercial performance in the 3rd quarter of 2016, driven by, with 845,000 net mobile contract additions and 348,000 additional fibre customers. There were 25.5 million 4G customers […]
Barely two days after reports emerged that such a deal was likely, giant US telco AT&T and Time Warner have entered into a definitive agreement under which AT&T will acquire Time Warner in a stock-and-cash transaction valued at $107.50 per share, valuing the deal at $85.4 billion (€78.5bn). The agreement has been approved unanimously by […]