Millicom, the LatAm telco, has released its Q4 2022 results. Revenue was up 10.1 per cent YoY to $1.38 billion (€1.29bn) and operating profit increased 17.2 per cent to $203 million, reflecting the Guatemala acquisition. Service revenue was up 2.3 per cent to $1.15 billion, organically fueled by broad-based growth across business lines and countries. […]

Australian Fund Macquarie Capital, the main shareholder in telco Onivia, and French company Ardian, owner of regional telco Adamo Telecom, are both seeking to buy Vodafone Spain’s network that covers 10.5 million households (out of which 7 million are cable deployments and 3.5 million FTTH lines), and is currently valued at €4 billion, according to […]

EE has revealed new details of its nationwide investment to connect the UK to 5G, with the technology reaching hundreds of rural communities across the UK for the first time. A series of new innovations that will boost the range, resilience and energy efficiency of mobile connectivity in the years ahead have also been unveiled. […]

Research reveals almost half (47 per cent) of parents and carers feel their children know more than them when it comes to digital technology, with 60 per cent claiming they wish they were more digitally savvy. The study, conducted by multiplay telco Vodafone, reveals a digital knowledge gap between the generations, citing 12 as the […]

BT has reported revenue in the three quarters to the end of December was up slightly at £15.6 billion (€14.2bn), a 1 per cent decline on last year which the telco attributed to inflationary headwinds and legacy product declines. Profit after tax was at £1.3 billion, with capex spend of £3.8 billion. Philip Jansen, Chief […]

Vodafone Spain suffered a 8.7 per cent fall in revenues in the third quarter of the fiscal year (October-December 2022) to €858 million; the telco also saw a loss of customers across all businesses – mobile, broadband and convergent packages. The reasons for the poor financial performance, according to the company, are the competitive nature […]

ecta, the European Competitive Telecommunications Association, has analysed the leaked text of the proposed EC Recommendation on the regulatory promotion of Gigabit Connectivity, which is currently in interservice consultation within the European Commission. ecta says it is “stunned” by its content, and denounces this text, given: the absence of a public consultation on a text […]

The Orange group has announcesd the appointment of Jean-François Fallacher as CEO of Orange France from April 3rd. He will replace Fabienne Dulac, who after eight years at the helm, has chosen to take on new challenges within the Group. Dulac will remain on the Executive Committee and will contribute to the deployment of the […]

The acquisition of Vodafone Hungary Telecommunications has now been completed upon payment of the purchase price. According to the sale and purchase agreement signed on January 8th, 4iG, the telecommunications and IT group, has acquired 51 per cent and the Hungarian State has acquired 49 per cent indirect influence in the second largest telecommunications company […]

As a response to market speculation, the Board of Directors of Latin America multiplay operator Millicom International Cellular S.A. has confirmed that a potential acquisition of all outstanding shares in the company is being discussed with Apollo Global Management and Claure Group. “There is no certainty that a transaction will materialise nor as to the […]