Tele2, the Swedish multinational telco, has announced it will “carve out telecom infrastructure assets” and create the first tower company covering all Baltic countries, in a 50/50 partnership with Global Communications Infrastructure (GCI) which is backed by Manulife Investment Management. Tele 2 says the transaction will allow it “to unlock value in its mobile telecom […]
Liberty Global still thinks it is undervalued as a conglomerate, as CEO Mike Fries told analysts it is currently working on how and when it might be able to separate out its remaining operating assets. Fries was speaking at the company’s Q2 results where it posted revenue of $1.27 billion (€1.1bn), up 20 per cent […]
Liberty Global has offloaded its remaining stake in Vodafone, according to a filing with the London Stock Exchange made on August 1st. Liberty held 5.018 per cent – consisting of 0.357 per cent in voting rights attached to shares and 4.661 per cent through financial instruments – in the British telco through Liberty Global Europe […]
Japan’s telecom and pay-TV services revenue is set to grow at a compound annual growth rate (CAGR) of 2.2 per cent during 2024-2029, driven by the rising demand for high-speed mobile data and robust fibre broadband adoption. While voice and legacy TV segments continue to decline, accelerating 5G penetration and advancements in fibre technology position […]
Telefónica, the Spanish multinational telco, has reported a net loss of €1.35 billion in the first half of the year, after adding an additional €51 million in the second quarter to the €1.3 billion loss recorded in Q1, largely driven by divestments in Latin America. Despite this, revenues reached €18.01 billion in the first six […]
A previous plan to spin off joint venture Virgin Media O2’s fixed network in Britain has been scrapped, Telefonica’s Chief Executive Marc Murtra has confirmed speaking to Reuters. “The project is stopped,” Murtra said, clarifying that the “plan is not on pause”. Virgin Media O2, which is jointly owned by Liberty Global and Telefónica, had […]
The telecom and pay-TV services revenue in Australia is expected to increase at a modest compound annual growth rate (CAGR) of 0.8 per cent from $19.1 billion (€16.5bn) in 2024 to $19.9 billion in 2029, supported by mobile data and fixed broadband segments. Expanding 5G coverage and fibre network upgrades are set to bolster connectivity […]
Orange has reported group revenues rose slightly in the first half of 2025 (+0.3 per cent or €67 million) thanks to growth in retail services (+2.1 per cent or +€312 million) and a smaller decline in wholesale services (-4.4 per cent or -€129 million). Equipment sales were in line with market trends (-5.8 per cent […]
UK telco BT has been required to refund or credit £18 million (€20.7m) to customers, following enforcement action by regulator Ofcom. In 2024, Ofcom fined BT £2.8 million after it failed to provide customers with clear and simple contract information before signing up to a new deal. The company broke Ofcom’s consumer protection rules designed […]
As part of its ongoing customer service transformation, Virgin Media O2 has created and launched its own AI tool, Lumi AI, that helps agents by analysing conversations in real-time and providing helpful prompts based on millions of previous conversations on the same topic. During an interaction with a customer, Lumi AI will advise an agent […]