Virgin Media O2 has reported net additions across fixed up 32,500, broadband up 40,800, and mobile contracts up 50,000 in Q3. Fixed network rollout passes 500,000 in the quarter, with 250,800 additional homes serviceable. Transaction adjusted revenue increased 7.1 per cent to £2.7 billion (€3.1bn) – 1.3 per cent excluding the benefit of nexfibre construction […]
Zegona has entered into binding agreements with Vodafone Europe for the acquisition of 100 per cent of Vodafone Spain for €5 billion. Zegona says it will fund the acquisition through a combination of new debt, Vodafone Financing and a new equity raise: – Zegona has entered into committed debt financing of €4.2 billion and a […]
Australian telco Telstra signed a mobile service agreement with SpaceX’s Starlink back in July 20233. A report from analysts at Northern Sky Research (NSR) says the partnership aims to offer voice-only and voice plus Starlink enabled broadband packages to rural customers in hard-to-reach Australian locations. NSR says that Starlink already has 120,000 customers “signed” for […]
In the first half of 2023, the average daily number of TV viewers in Italy decreased by 2.3 per cent to 8.56 million, while average prime TV viewers fell by 3.2 per cent to 20.01 million. The Communications Observatory of the Communications Authority (AgCom) attributes this drop to the increasing competition from streaming video providers. […]
The total telecom and pay-TV services revenue in the Philippines is expected to increase at a compound annual growth rate (CAGR) of 2.7 per cent, from $42.3 billion in 2022 to $44.9 billion in 2027, primarily driven by mobile data and fixed broadband segments, forecasts data and analytics company GlobalData. GlobalData’s Philippines Telecom Operators Country […]
Norwegian telco Telenor has reported Q3 earnings above expectations, supported by growing mobile service revenue and lower energy prices in the Nordics, and narrowed its full-year projections. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for July-September rose 1.5 per cent on an organic basis to NOK 9.3 billion (€788.7m). “Third quarter was a […]
Reliance Jio Infocomm, the Indian telecom network, have announced a partnership with consumer experience pioneer Plume to provide smart home and small business services to its subscribers across India. This partnership will deliver solutions through Plume’s cloud platform to approximately 200 million premises in India. With this new partnership, Jio will deploy HomePass and WorkPass consumer services […]
The total telecom and pay-TV services revenue in India is expected to increase at a compound annual growth rate (CAGR) of 3.1 per cent from $42.3 billion (€39.7bn) in 2022 to $44.9 billion in 2027, primarily driven by mobile data and fixed broadband segments, forecasts GlobalData, the data and analytics company. GlobalData’s India Telecom Operators […]
Spain’s Telefónica is set to approve an early retirement plan that may affect up to 5,000 staff through to 2026. According to Expansión, the company estimates that between 2,500 and 3,000 workers will accept the redundancy keeping in mind a similar plan in 2021 when 2,982 workers accepted it out of a total of 4,532. […]
The Entertainment and Media (E&M) sector in Italy is worth over €35.9 billion, a value higher than pre-pandemic levels, thanks to a 3.7 per cent growth in 2022, according to research by PwC. The research analysed the performance of the 13 main segments – from cinema to music-radio-podcast, from video to books, and then periodicals, […]