Spending on telecom services and pay-TV services in Europe, the Middle East, and Africa (EMEA) increased by 2.4 per cent year on year in 2022, reaching $449 billion (€413bn), according to the Worldwide Semiannual Telecom Services Tracker published by International Data Corporation (IDC). IDC forecasts EMEA spending on telecom and pay-TV services will increase by […]
French telco Iliad has reported that its performance in Q1 2023 was is in line with its full-year 2022 outlook, with a strong commercial showing and an increase in revenues. Despite a much more unfavourable economic context than in first-quarter 2022 as well as higher growth capex in France, operating free cash flow generation remained […]
Findings from Leichtman Research Group indicate that the largest cable and wireline phone providers and fixed wireless services in the US – representing about 96 per cent of the market – acquired about 960,000 net additional broadband Internet subscribers in Q1 2023, compared to a pro forma gain of about 1,085,000 subscribers in Q1 2022. […]
Vodafone Spain saw its revenues fall by 3.7 per cent to €875 million in the fourth fiscal quarter (January to March), which was still an improvement on the previous quarter when there was an 8.7 per cent decline. For the whole year, Vodafone posted a 5.7 per cent drop in revenues on the previosu year […]
SVoD take-up in Finland is on the rise, reports Mediavision. During this spring, subscribing SVoD households in the country have passed 1.5 million, corresponding to a penetration of 61 per cent. This equates to an annual growth of 8 per cent in subscribing households. As in the other Nordic countries, the growth can largely be […]
Spanish telco Telefónica saw its profit fall by 57 per cent to €298 million even though revenues grew by 6.7 per cent to €10.04 billion in the first quarter of the year – with Brazil, Germany and UK being the best performing markets in terms of revenues with a growth of 17.5 per cent, 8 […]
Liberty Global earnings were negative in Q1, posting a loss of $713.5 million (€650.3m) from continuing operations. Adjusted EBITDA was down by 6 per cent to $624.5 million. The company says it suffered from was a combination of subscriber losses and rising energy and labour costs in the quarter. Meanwhile, Liberty revealed it plans to […]
Tougher competition in the market had a negative impact on MásMóvil in the first quarter. The Spanish telco reported €57 million losses versus €40 million in the same period last year. Competition from local and regional operators such as Digi, Avatel and Finetwork affected MásMóvil, whose revenues only grew by 1 per cent to €740 […]
Satellite operator Thaicom has reported its financial results Q1 2023. Thaicom’s net profit attributable to owner of the Company for the quarter was Baht 90 million (€2.44m), an increase from Q4 2022 where there was a net loss of Baht 439 million. The main reason was the reduction in net foreign exchange losses as the […]
The European Commission has announced an extension of 10 working days to its in-depth investigation of the proposed creation of a joint venture by Spanish telcos Orange and MásMóvil. The Commission is concerned that the transaction may reduce competition in the retail supply of mobile and fixed broadband services as well as of multiple-play bundles […]