Zegona Communications has announce the completion of the acquisition of 100 per cent of Vodafone Spain for €5 billion. The deal was first announced in October 2023. Vodafone is the #3 telco player in Spain with significant market shares in mobile, broadband and TV. Eamonn O’Hare, Zegona’s Chairman and CEO, commented: “We have now completed […]
UK digital infrastructure provider Openreach has published updated plans to build ultrafast, ultra-reliable Full Fibre broadband to 517 more locations across the UK – covering a further 2.7 million homes and businesses. The new tranche of locations includes 400,000 premises in the hardest to reach, most rural parts of the UK with a spread across […]
Telenor Group’s Board of Directors has appointed Benedicte Schilbred Fasmer as new President & CEO. Sigve Brekke is stepping down on December 1st after more than 9 years as President & CEO of Telenor. “The board has been looking for the most qualified candidate to lead Telenor and we are pleased that Benedicte Schilbred Fasmer […]
UK media regulator Ofcom has fined BT £2.8 million (€3.2m) after it failed to provide more than a million customers with clear and simple contract information before signing up to a new deal. Ofcom stated that the telco broke its consumer protection rules designed to ensure telecoms customers get clear, comparable information about the services […]
Vodafone Group and Liberty Global have announced that Stephen van Rooyen has been appointed CEO of Dutch telco VodafoneZiggo, effective from September 2024. Van Rooyen was previously the CEO of Sky UK & Ireland and Chief Commercial Officer for the Sky Group. He brings a wealth of telecoms and media experience to VodafoneZiggo after more […]
BT Group has reported its FY numbers. Revenue stood at £20.8 billion (€24.2bn), up 1 per cent YoY, and adjusted revenue at £20.8 billion, up 2 per cent on a pro forma basis attributed to price increases and fibre-enabled product sales in Openreach, increased service revenue in Consumer with annual contractual price rises being aided […]
The Spanish cabinet has approved the acquisition of Vodafone España by UK investor Zegona in a €5 billion deal. The greenlight comes soon after the go ahead to the Orange-MásMóvil merger to create MásOrange – which has become the leading national operator in broadband and mobile customers – and as the State has taken a […]
Netcracker Technology has extended and broadened the scope of its partnership with Virgin Media O2 in an ongoing expansive digital transformation programme across the UK. This phase of Virgin Media O2’s digital transformation includes deployment of the flagship Netcracker Digital Platform – including end-to-end Digital BSS as well as Digital OSS functions such as Active Resource Inventory – which will be […]
Global spending on telecom services and pa-y TV Services reached $1,509 billion (€1,404.3bn) in 2023, an increase of 2.1 per cent over 2022, according to the International Data Corporation (IDC) Worldwide Semiannual Telecom Services Tracker. IDC expects worldwide spending on telecom and pay-TV services will increase by 1.4 per cent in 2024 and reach a total […]
Liberty Global has reported tht Q1 revenue increased 4.1 per cent YoY on a reported basis and 1.9 per cent on a rebased basis to $1.94 billion (€1.81bn). Q1 net earnings (loss) increased 173.9 per cent YoY on a reported basis to $527 million. CEO Mike Fries stated: “On our extended fourth quarter results call […]