Liberty Global, Telefónica Infra, S.L.U, a wholly owned subsidiary of Spanish telco Telefónica, together with infrastructure and technology investment specialist InfraVia Capital Partners, are to set up a new Joint Venture (JV) that will roll out fibre-to-the-home (FTTH) to greenfield premises across the UK. The partnership will initially roll out fibre to 5 million homes […]
Converged broadband, video and mobile communications services company Liberty Global has announced its Q2 2022 financial results. CEO Mike Fries stated, “Despite an increasingly difficult macroeconomic environment developing throughout the second quarter, demand for connectivity remains high and we are well positioned to execute on our strategic and financial goals. In each of our core […]
Telefónica’s pay-TV platform Movistar + has lost 212,000 customers in a year, 58,000 since April 2022, to a total of 3,589,000. If compared with June 2020, the decline amounts to 465,000 subscribers. Despite the launch of MiMovistar in May, with a revamped offer to personalise the selection of services, the company has lost 27,000 convergent […]
US consumers looking to cut costs amid soaring inflation could ditch cable video services in even larger droves, even as they migrate over to discounted cable wireless offerings, according to Sydney Price and Darakhshan Nazir, analysts at Kagan, a media research group within S&P Global Market Intelligence. Traditional video has been on a rapid decline […]
BT Group has published its Q1 results with CEO Philip Jansen declaring that the telco “has made a good start to the year”. “We’re accelerating our network investments and performing well operationally. Despite ongoing challenges in our enterprise businesses, we returned to revenue and EBITDA growth in the quarter. We continued to grow the number […]
Virgin Media O2, the mass media telco, has reported its Q2 earnings. Lutz Schüler, CEO of Virgin Media O2, said: “It’s one year on since Virgin Media O2 was born and, while we’ve got much more to do, we came out of the gate running and achieved a huge amount in our first year as […]
Orange Spain saw its revenues fall by 4.3 per cent to €2.26 billion in the first half of the year, albeit less than the 5.1 per cent reduction the same period in 2021. By quarters, the second, was better than the first with a revenues fall of 4 per cent versus 4.6 per cent until […]
Following the period of exclusive negotiations that began on March 8th, telcos Orange and MásMóvil have signed a binding agreement to combine their businesses in Spain. The transaction is based on an enterprise value of €18.6 billion, €7.8 billion for Orange Spain and €10.9 billion for MásMóvil. The transaction is subject to approval from antitrust […]
MásMóvil has sold 51 per cent of the Basque Country-based operator’s network to a group of Basque companies under the umbrella of Bidasoa Aggregator (Asua Inversiones, Beraunberri, Inveready and Onchena) for €580 million. The new investors have undertaken to deploy a fibre optic network covering 1.2 million homes in The Basque Country, Asturias and Galicia. […]
Virgin Media O2 has made an offer to acquire telco rival TalkTalk that is reportedly in the region of £3 billion (€3.54bn). Virgin Media O2, which is jointly owned by Telefonica and Liberty Global, is said to have submitted a bid for Salford-based TalkTalk in recent weeks to test the waters for a potential full […]