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 […]
Allison Kirkby, BT Chief Executive, commenting on the telco’s first quarter results said: “BT has had a solid start to the year, with our full fibre broadband now reaching more than 19 million homes and businesses and our 5G network available to over 87 per cent of the UK population. We’re seeing strong customer demand […]
Orange has made a preliminary offer of around €4 billion to acquire the remaining 50 per cent of MasOrange from private equity firms Cinven, KKR, and Providence. The French telco already owns half of the Spanish operator, and the deal – if finalised – would give Orange full control of MasOrange, the company resulting from […]
Telenor Group reports that it delivered “very strong results” in the second quarter of 2025, triggering a raised EBITDA outlook for both the Nordics and Group. At the same time the company has solidified its position in the Nordic fibre market with a NOK 1.4 billion (€0.12bn) multi-year investment in Finland and the recently announced […]
Tele2, the Sweden-based multinational telco, has announced its consolidated results for the second quarter of 2025 with a full year 2025 guidance on underlying EBITDAaL raised to slightly above 10 per cent organic growth. End-user service revenue of SEK 5.5 billion (€0.49bn) increased by 2 per cent organically compared to Q2 2024 driven by the […]