The Cellular Operators Association of India (COAI), the trade body representing India’s telcos, is reported to written to DoT Secretary Neeraj Mittal, arguing that Telecom Regulatory Authority of India’s (TRAI) recommendation that satellite spectrum be charged at 4 per cent of adjusted gross revenue (AGR) fails to ensure a level-playing field between satellite operators and […]
BT has reported full year revenues (to March 31st) of £20.4 billion (€24.2bn), down 2 per cent, mainly attributed to continued challenging trading conditions in Global and non-UK Portfolio channels and weaker handset trading in Consumer, offsetting the benefit of FTTP growth in Openreach and price increases. Adjusted UK service revenue was at £15.6 billion, […]
US telco giant AT&T has reached an agreement to acquire substantially all of Lumen’s Mass Markets fibre business for $5.75 billion (€5bn), subject to purchase price adjustments, in an all-cash transaction that it says will expand investment in critical US connectivity infrastructure, create new middle-class jobs, and accelerate high-speed fibre Internet access to millions of […]
UK digital infrastructure provider Openreach has committed to build the country’s most reliable broadband technology, full fibre, even faster – thanks to increased investment from BT Group. The company has already built the new infrastructure to more than 18 million homes and business nationwide – including more than four million in just the last 12 […]
Swiss telco Sunrise said reported Q1 2025 revenues decreased by 3.3 per cent year-on-year to CHF 722 million (€768.7m)’ largely attributed to lower device sales and a wind down of promotional TV bundles. Sunrise recorded continued net customer growth in Q1 2025, with +12,000 mobile postpaid RGUs (revenue generating units) and +5,000 broadband Internet RGUs. […]
Last week the UK’s High Court rejected an application by cellular operator EE (which was acquired by BT in 2016) for an interim injunction against London-based speciality satellite operator Avanti Communications. The application concerned Avanti’s alleged threat to withdraw its satellite links for EE, unless EE agreed to a “substantially increased fee rate” for its […]
Charter Communications and Cox Communications have entered into a definitive agreement to combine their businesses in a transaction that seeks to create “an industry leader in mobile and broadband communications services, seamless video entertainment, and high-quality customer service delivering powerful benefits for American employees, customers, communities and shareholders”. The proposed transaction values Cox Communications at […]
Telefónica, the Spanish telco, has presented the results for the first quarter of 2025, marked by the ratification of financial targets for the full year and the strengthening of businesses in the main markets. Net income from continuing operations – those that remain within the Group – stood at €427 million up to March. In […]
Virgin Media O2 and Daisy Group have announced plans to merge their direct B2B operations to create a new force in the UK business communications and IT sector. With annual pro forma revenues of around £1.4 billion, the new entity, formed of substantially all of Virgin Media O2 Business and Daisy Group, will be consolidated […]
BT has appointed Peter Leukert to the role of Chief Digital Officer, in which he will have responsibility for leading BT’s Digital unit and driving the company’s digital transformation. Leukert is currently Group Chief Information Officer at Deutsche Telekom and will join BT on September 1st and be a member of the Executive Committee, reporting […]