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Telco

BT, OneWeb Lundy Island connectivity boost

UK telco BT and low-earth orbit (LEO) satellite company OneWeb, in partnership with the UK government, are now delivering high-speed, low-latency Internet connectivity to Lundy Island, North Devon, providing it with reliable connectivity for the first time. Sitting 19 kilometres off the coast of North Devon, Lundy is the first real-world example of how BT […]

July 21, 2023

Nokia Q2 profit falls

Nokia, the Finnish multinational telco, and consumer electronics corporation, has reported Q2 revenue declined 3 per cent to €5.7 billion in Q2 2023, with operating profit going down 12 per cent from €714 million in Q2 2022 to €626 million euro in Q2 2023. As announced on July 14th, Nokia now expects full year 2023 […]

July 20, 2023

Telenor reports “firm operational momentum” in Q2

Telenor, the Norwegian multinational telco, has reported Q2 service revenue of NOK 15.8 billion (€1.42bn), an increase of NOK 0.8 billion or (5 per cent) compared to the same period last year. On an organic basis, service revenues increased by 4 per cent. EBITDA before other items was NOK 8.8 billion and increased by 4 […]

July 20, 2023

Telia reports “resilient” Q2

Telia Company, the Swedish multinational telco, has reported that Q2 revenue increased 4.5 per cent to SEK 23,297 million (€2,031.9m) and like for like, revenue increased 2.2 per cent. Service revenue increased 4 per cent to SEK 19,914 million and like for like, service revenue increased 1.9 per cent. For the Telco operations, service revenue […]

July 20, 2023

Data: Fibre over 66% of fixed broadband subs

As of Q1 2023, global fixed broadband connections reached 1.377 billion, reflecting a growth rate of 1.59 per cent compared to Q4 2022, according to broadband data specialist Point Topic, who also recorded a decline in fixed broadband subscriptions in 18 countries, which mainly include emerging markets, as well as some saturated markets such as […]

July 18, 2023

Call for better UK network rollout collaboration

The UK’s rollout of gigabit-capable broadband and 5G connectivity would benefit from improvements in communication, collaboration and consistency between local authorities and the telecoms industry, according to a new report, Local Authorities as Connectivity Enablers, produced for the Digital Connectivity Forum (DCF), the leading advisory body to the UK Government on connectivity, by the consultancy […]

July 18, 2023By Colin Mann

Tele2 “upholds growth momentum” in Q2

Tele2 has announced its consolidated results for Q2 2023. The Sweden-based multi-national telco reported end-user service revenue of SEK 5.3 billion (€0.46bn) increased by 4 per cent organically compared to Q2 2022 due to strong performance in the Baltics and Sweden B2B. Total revenue was at SEK 7.2 billion, up 3 per cent organically compared […]

July 18, 2023

nexfibre £250m funding boost

The UK Infrastructure Bank has made a £250 million (€291m) debt investment in new next generation fibre broadband company nexfibre which is rolling out full-fibre broadband to 5 million homes across the UK by 2026. As part of its commitment to investing in infrastructure that tackles climate change and boosts regional and local growth, the […]

July 17, 2023By Colin Mann

Survey: 88% UK, US telcos planning super bundling

Almost nine in ten (88 per cent) of the leading telcos in the US and UK are planning to offer ‘super bundling’ as they prioritise revenue growth and customer retention. That’s according to a survey of 115 telco leaders — senior strategic decision makers and budget holders within telecommunications brands — who are eyeing how best to […]

July 13, 2023

Ofcom probes Virgin Media consumer contracts

UK comms regulator Ofcom has opened an investigation into UK operator Virgin Media following complaints from customers that the company is making it difficult for them to cancel their services. According to Ofcom, being able to switch provider easily is an important part of a competitive market. Telecoms customers can choose from a wide range […]

July 13, 2023By Colin Mann